According to Sable Offshore's latest financial reports the company has a price-to-book ratio of 111.
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 | 19.1 | 1695.86% |
2022-12-31 | 1.06 | 4.36% |
2021-12-31 | 1.02 |