Teekay Tankers (TNK) - P/B ratio

P/B ratio as of February 2025 : 0.8349

According to Teekay Tankers's latest financial reports the company has a price-to-book ratio of 1.22272.
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.

Teekay Tankers - P/B ratio (from 2007 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.7663	-31.18%
2023-12-31	1.11	14.07%
2022-12-31	0.9761	122.21%
2021-12-31	0.4393	27.59%
2020-12-31	0.3443	-57.75%
2019-12-31	0.8149	209.63%
2018-12-31	0.2632	-32.3%
2017-12-31	0.3888	2.66%
2016-12-31	0.3787	-69.04%
2015-12-31	1.22	3.19%
2014-12-31	1.19	2.74%
2013-12-31	1.15	43.85%
2012-12-31	0.8022	112.87%
2011-12-31	0.3769	-73.99%
2010-12-31	1.45	9.51%
2009-12-31	1.32	-42.63%
2008-12-31	2.31	17.65%
2007-12-31	1.96

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Frontline FRO	1.67	100.44%	🇧🇲 Bermuda
SFL Corp SFL	1.25	49.15%	🇧🇲 Bermuda
Teekay TK	0.3134	-62.47%	🇨🇦 Canada
Nordic American Tankers NAT	1.11	33.34%	🇧🇲 Bermuda
Golar LNG GLNG	1.62	94.28%	🇧🇲 Bermuda
Ardmore Shipping ASC	0.7554	-9.52%	🇧🇲 Bermuda
DHT Holdings DHT	1.79	114.92%	🇧🇲 Bermuda

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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