Ring Energy
REI
Ring Energy (REI) - P/B ratio
P/B ratio as of October 2023 : 0.4944
According to Ring Energy
's latest financial reports the company has a price-to-book ratio of 0.4944.
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.
Ring Energy - P/B ratio (from 2008 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 0.8476 | 12.17% |
| 2021-12-31 | 0.7557 | 313.32% |
| 2020-12-31 | 0.1828 | -46.68% |
| 2019-12-31 | 0.3429 | -50.62% |
| 2018-12-31 | 0.6944 | -67.11% |
| 2017-12-31 | 2.11 | -2.53% |
| 2016-12-31 | 2.17 | 88.25% |
| 2015-12-31 | 1.15 | -39.31% |
| 2014-12-31 | 1.90 | -32.38% |
| 2013-12-31 | 2.80 | -11.53% |
| 2012-12-31 | 3.17 | 17.83% |
| 2011-12-31 | 2.69 | -82.32% |
| 2010-12-31 | 15.2 | 13.54% |
| 2009-12-31 | 13.4 | 14.1% |
| 2008-12-31 | 11.7 | |
| 2007-12-31 | N/A | |
| 2006-12-31 | N/A |