Ring Energy
REI
#6302
Rank
$0.38 B
Marketcap
$1.96
Share price
2.08%
Change (1 day)
4.81%
Change (1 year)

Ring Energy (REI) - P/B ratio

P/B ratio as of March 2024 : 0.4932

According to Ring Energy 's latest financial reports the company has a price-to-book ratio of 0.4932.
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 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-310.3631-44.05%
2022-12-310.6490-14.12%
2021-12-310.7557313.32%
2020-12-310.1828-46.68%
2019-12-310.3429-50.62%
2018-12-310.6944-67.11%
2017-12-312.11-2.53%
2016-12-312.1788.25%
2015-12-311.15-39.31%
2014-12-311.90-32.38%
2013-12-312.80-11.53%
2012-12-313.17-191.68%
2011-12-31-3.46-122.72%
2010-12-3115.28.4%
2009-12-3114.019.51%
2008-12-3111.7
2007-12-31N/A
2006-12-31N/A