Baker Hughes (BKR) - P/B ratio

P/B ratio as of December 2024 : 2.47

According to Baker Hughes 's latest financial reports the company has a price-to-book ratio of 1.47613.
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.

Baker Hughes - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.47	10.7%
2023-12-31	2.23	8.84%
2022-12-31	2.05	64.03%
2021-12-31	1.25	5.63%
2020-12-31	1.18	55.01%
2019-12-31	0.7633	20.11%
2018-12-31	0.6355	-32.63%
2017-12-31	0.9434

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
PEDEVCO PED	0.6174	-74.96%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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