According to Telesat's latest financial reports the company has a price-to-book ratio of 0.2346.
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 | 0.2957 | 8% |
2022-12-31 | 0.2738 | 7.49% |
2021-12-31 | 0.2547 |