Patterson-UTI Energy (PTEN) - P/B ratio

P/B ratio as of November 2024 : 0.9476

According to Patterson-UTI Energy's latest financial reports the company has a price-to-book ratio of 0.58358.
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.

Patterson-UTI Energy - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9349	-57.36%
2022-12-31	2.19	94.12%
2021-12-31	1.13	130.87%
2020-12-31	0.4892	-31.26%
2019-12-31	0.7116	12.82%
2018-12-31	0.6307	-50.93%
2017-12-31	1.29	-27.51%
2016-12-31	1.77	104.62%
2015-12-31	0.8665	3.64%
2014-12-31	0.8361	-36.9%
2013-12-31	1.32	28.71%
2012-12-31	1.03	-16.69%
2011-12-31	1.24	-18.65%
2010-12-31	1.52	34.1%
2009-12-31	1.13	35.37%
2008-12-31	0.8367	-47.21%
2007-12-31	1.58	-31.9%
2006-12-31	2.33	-44.01%
2005-12-31	4.16	21.93%
2004-12-31	3.41	4.79%
2003-12-31	3.25	-0.68%
2002-12-31	3.28

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Nabors Industries NBR	0.5980	-36.89%	🇧🇲 Bermuda
Helmerich & Payne HP	1.25	31.54%	🇺🇸 USA
Transocean RIG	0.3828	-59.61%	🇨🇭 Switzerland

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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