Ramaco Resources
METC
$15.91
Share price
3.38%
Change (1 day)
87.40%
Change (1 year)
Ramaco Resources (METC) - P/B ratio
P/B ratio as of April 2024 : 2.13
According to Ramaco Resources
's latest financial reports the company has a price-to-book ratio of 2.13.
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.
Ramaco Resources - P/B ratio (from 2017 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.36 | 88.08% |
| 2022-12-31 | 1.25 | -55.87% |
| 2021-12-31 | 2.84 | 290.64% |
| 2020-12-31 | 0.7275 | -15.56% |
| 2019-12-31 | 0.8616 | -38.72% |
| 2018-12-31 | 1.41 | -41.42% |
| 2017-12-31 | 2.40 | |
| 2016-12-31 | N/A | |
| 2015-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 NACCO Industries
NC | 0.5588 | -73.72% | 🇺🇸 USA |