Forum Energy Technologies (FET)

P/B ratio as of September 2024 : 0.4538

According to Forum Energy Technologies 's latest financial reports the company has a price-to-book ratio of 0.4538.
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.

Forum Energy Technologies - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.5477	-0.55%
2022-12-31	0.5507	98.8%
2021-12-31	0.2770	69.59%
2020-12-31	0.1633	-57.28%
2019-12-31	0.3824	-12.67%
2018-12-31	0.4378	-63.3%
2017-12-31	1.19	-29.8%
2016-12-31	1.70	89.58%
2015-12-31	0.8964	-32.75%
2014-12-31	1.33	-29.64%
2013-12-31	1.89	5.69%
2012-12-31	1.79
2011-12-31	N/A
2010-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
NOV NOV	1.03	126.52%	🇺🇸 USA
TechnipFMC FTI	3.88	753.84%	🇬🇧 UK
Dril-Quip DRQ	0.6227	37.22%	🇺🇸 USA
Schlumberger SLB	2.72	499.16%	🇺🇸 USA
Helix Energy Solutions HLX	1.06	134.47%	🇺🇸 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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Forum Energy Technologies (FET) - P/B ratio