Ring Energy (REI) - P/B ratio

P/B ratio as of November 2024 : 0.3758

According to Ring Energy 's latest financial reports the company has a price-to-book ratio of 0.793261.
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.

Ring Energy - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.3631	-44.05%
2022-12-31	0.6490	-14.12%
2021-12-31	0.7557	313.32%
2020-12-31	0.1828	-46.68%
2019-12-31	0.3429	-50.62%
2018-12-31	0.6944	-67.11%
2017-12-31	2.11	-2.53%
2016-12-31	2.17	88.25%
2015-12-31	1.15	-39.31%
2014-12-31	1.90	-32.38%
2013-12-31	2.80	-11.53%
2012-12-31	3.17	-191.68%
2011-12-31	-3.46	-122.72%
2010-12-31	15.2	8.4%
2009-12-31	14.0	19.51%
2008-12-31	11.7
2007-12-31	N/A
2006-12-31	N/A

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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