Dorian LPG (LPG) - P/B ratio

P/B ratio as of September 2024 : 1.33

According to Dorian LPG 's latest financial reports the company has a price-to-book ratio of 1.33.
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.

Dorian LPG - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.81	98.24%
2022-12-31	0.9132	65.68%
2021-12-31	0.5512	-9.74%
2020-12-31	0.6106	-28.25%
2019-12-31	0.8510	145.37%
2018-12-31	0.3468	-26.36%
2017-12-31	0.4710	1.55%
2016-12-31	0.4638	-32.84%
2015-12-31	0.6906	-25.68%
2014-12-31	0.9291
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Frontline FRO	2.05	54.87%	🇧🇲 Bermuda
Navios Maritime Partners NMM	0.5875	-55.69%	🇲🇨 Monaco
Teekay Tankers TNK	1.13	-14.70%	🇨🇦 Canada

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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