National Energy Services Reunited (NESR)

P/B ratio as of December 2024 : 0.9244

According to National Energy Services Reunited 's latest financial reports the company has a price-to-book ratio of 0.636426.
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.

National Energy Services Reunited - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.9003	15.6%
2023-12-31	0.7788
2021-12-31	1.05	13.94%
2020-12-31	0.9229	2.94%
2019-12-31	0.8966	-1.8%
2018-12-31	0.9130	-29.89%
2017-12-31	1.30

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
PEDEVCO PED	0.6133	-33.65%	🇺🇸 USA

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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National Energy Services Reunited (NESR) - P/B ratio