Plains GP (PAGP) - P/B ratio

P/B ratio as of December 2024 : 0.2969

According to Plains GP's latest financial reports the company has a price-to-book ratio of 0.0869124.
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.

Plains GP - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.3017	18.47%
2023-12-31	0.2546	24.27%
2022-12-31	0.2049	47.55%
2021-12-31	0.1389	-5.24%
2020-12-31	0.1465	-38.5%
2019-12-31	0.2383	-1%
2018-12-31	0.2407	-12.49%
2017-12-31	0.2750	-15.74%
2016-12-31	0.3264	39.11%
2015-12-31	0.2346	-58.58%
2014-12-31	0.5665	30.9%
2013-12-31	0.4327
2012-12-31	N/A

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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