Ramaco Resources (METC)

P/B ratio as of November 2024 : 1.74

According to Ramaco Resources 's latest financial reports the company has a price-to-book ratio of 0.889613.
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.

Ramaco Resources - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.36	88.08%
2022-12-31	1.25	-55.87%
2021-12-31	2.84	290.64%
2020-12-31	0.7275	-15.56%
2019-12-31	0.8616	-38.72%
2018-12-31	1.41	-41.42%
2017-12-31	2.40
2016-12-31	N/A
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
NACCO Industries NC	0.5951	-65.88%	🇺🇸 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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Ramaco Resources (METC) - P/B ratio