Tourmaline Oil
TOU.TO
Tourmaline Oil (TOU.TO) - P/B ratio
P/B ratio as of May 2024 : 1.58
According to Tourmaline Oil
's latest financial reports the company has a price-to-book ratio of 1.58.
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.
Tourmaline Oil - P/B ratio (from 2010 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.45 | -14.23% |
| 2022-12-31 | 1.69 | 45.65% |
| 2021-12-31 | 1.16 | 111.4% |
| 2020-12-31 | 0.5486 | 5.96% |
| 2019-12-31 | 0.5177 | -15.14% |
| 2018-12-31 | 0.6101 | -28.45% |
| 2017-12-31 | 0.8527 | -39.78% |
| 2016-12-31 | 1.42 | 49.75% |
| 2015-12-31 | 0.9456 | -46.43% |
| 2014-12-31 | 1.77 | -29.93% |
| 2013-12-31 | 2.52 | 26.18% |
| 2012-12-31 | 2.00 | 10.28% |
| 2011-12-31 | 1.81 | -6.04% |
| 2010-12-31 | 1.93 |