Summit Midstream
SMLP
Summit Midstream (SMLP) - P/B ratio
P/B ratio as of May 2024 : 0.4084
According to Summit Midstream's latest financial reports the company has a price-to-book ratio of 0.4084.
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.
Summit Midstream - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.2586 | 16.53% |
| 2022-12-31 | 0.2219 | 26.1% |
| 2021-12-31 | 0.1760 | 244.5% |
| 2020-12-31 | 0.0511 | -87.04% |
| 2019-12-31 | 0.3941 | -34.75% |
| 2018-12-31 | 0.6040 | -43.96% |
| 2017-12-31 | 1.08 | -30.47% |
| 2016-12-31 | 1.55 | 243.77% |
| 2015-12-31 | 0.4509 | -53.41% |
| 2014-12-31 | 0.9678 | 9.13% |
| 2013-12-31 | 0.8869 | 50.09% |
| 2012-12-31 | 0.5909 | |
| 2011-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Williams Companies
WMB | 3.15 | 672.07% | 🇺🇸 USA |
 Targa Resources
TRGP | 5.45 | 1,235.40% | 🇺🇸 USA |