Tsakos Energy Navigation
TNP
$20.24
Share price
2.69%
Change (1 day)
61.02%
Change (1 year)
Tsakos Energy Navigation (TNP) - P/B ratio
P/B ratio as of September 2023 : 0.3481
According to Tsakos Energy Navigation's latest financial reports the company has a price-to-book ratio of 0.3481.
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.
Tsakos Energy Navigation - P/B ratio (from 2002 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 0.3405 | 147.31% |
| 2021-12-31 | 0.1377 | 30.07% |
| 2020-12-31 | 0.1059 | -62.4% |
| 2019-12-31 | 0.2816 | 82.06% |
| 2018-12-31 | 0.1547 | -29.73% |
| 2017-12-31 | 0.2201 | -20.55% |
| 2016-12-31 | 0.2770 | -43.33% |
| 2015-12-31 | 0.4888 | -2.62% |
| 2014-12-31 | 0.5020 | 43.75% |
| 2013-12-31 | 0.3492 | 52.92% |
| 2012-12-31 | 0.2284 | -4.85% |
| 2011-12-31 | 0.2400 | -46.88% |
| 2010-12-31 | 0.4518 | -23.67% |
| 2009-12-31 | 0.5919 | -20.4% |
| 2008-12-31 | 0.7436 | -54.73% |
| 2007-12-31 | 1.64 | 41.97% |
| 2006-12-31 | 1.16 | -0.09% |
| 2005-12-31 | 1.16 | -16.67% |
| 2004-12-31 | 1.39 | 38.16% |
| 2003-12-31 | 1.01 | 2.23% |
| 2002-12-31 | 0.9840 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Golar LNG
GLNG | 0.9479 | 172.33% | 🇧🇲 Bermuda |
 Teekay TK | 0.3404 | -2.21% | 🇨🇦 Canada |
 Scorpio Tankers
STNG | 1.16 | 232.68% | 🇲🇨 Monaco |
 Frontline FRO | 1.80 | 418.27% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 0.9751 | 180.14% | 🇧🇲 Bermuda |