According to PermRock Royalty Trust's latest financial reports the company has a price-to-book ratio of 0.6060.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 0.6995 | -39.57% |
2022-12-31 | 1.16 | 15.28% |
2021-12-31 | 1.00 | 181.15% |
2020-12-31 | 0.3571 | -51.11% |
2019-12-31 | 0.7305 | -6.5% |
2018-12-31 | 0.7813 |