Global Partners LP (GLP) - P/B ratio

P/B ratio as of September 2024 : 2.14

According to Global Partners LP's latest financial reports the company has a price-to-book ratio of 2.14.
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.

Global Partners LP - P/B ratio (from 2005 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.79	19.72%
2022-12-31	1.50	-0.79%
2021-12-31	1.51	32.64%
2020-12-31	1.14	-23.37%
2019-12-31	1.49	34.9%
2018-12-31	1.10	-22.66%
2017-12-31	1.42	-13.11%
2016-12-31	1.64	93.31%
2015-12-31	0.8483	-46.55%
2014-12-31	1.59	-23.8%
2013-12-31	2.08	8.83%
2012-12-31	1.91	1.36%
2011-12-31	1.89	1.07%
2010-12-31	1.87	-1.64%
2009-12-31	1.90	84.45%
2008-12-31	1.03	-51.5%
2007-12-31	2.12	-27.24%
2006-12-31	2.92	5.53%
2005-12-31	2.77
2004-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Star Group SGU	1.33	-37.98%	🇺🇸 USA
Suburban Propane Partners SPH	1.85	-13.18%	🇺🇸 USA
Crestwood Equity Partners CEQP	1.31	-38.83%	🇺🇸 USA
CrossAmerica Partners CAPL	-21.5	-1,108.37%	🇺🇸 USA
World Fuel Services INT	0.7669	-64.11%	🇺🇸 USA
Clean Energy Fuels CLNE	0.9264	-56.64%	🇺🇸 USA
Phillips 66 PSX	1.79	-16.13%	🇺🇸 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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