Flotek Industries (FTK) - P/B ratio

P/B ratio as of September 2024 : 1.47

According to Flotek Industries's latest financial reports the company has a price-to-book ratio of 1.47.
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.

Flotek Industries - 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	1.14	-96.59%
2022-12-31	33.4	650.49%
2021-12-31	4.46	36.27%
2020-12-31	3.27	385.87%
2019-12-31	0.6729	117.08%
2018-12-31	0.3100	-68.95%
2017-12-31	0.9983	-46.06%
2016-12-31	1.85	-11.16%
2015-12-31	2.08	-36.14%
2014-12-31	3.26	-21.64%
2013-12-31	4.16	6.44%
2012-12-31	3.91	-37.83%
2011-12-31	6.29	-111.28%
2010-12-31	-55.8	-4943.85%
2009-12-31	1.15	31.78%
2008-12-31	0.8736	-89.94%
2007-12-31	8.68	87.63%
2006-12-31	4.63	5.02%
2005-12-31	4.41	-25.91%
2004-12-31	5.95	289.07%
2003-12-31	1.53	162.49%
2002-12-31	0.5823

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Newpark Resources NR	1.52	3.22%	🇺🇸 USA
Oil States International OIS	0.4481	-69.61%	🇺🇸 USA
Dril-Quip DRQ	0.6227	-57.77%	🇺🇸 USA
NOV NOV	1.03	-30.29%	🇺🇸 USA
TechnipFMC FTI	3.88	162.78%	🇬🇧 UK
Schlumberger SLB	2.72	84.40%	🇺🇸 USA
Ecolab ECL	8.58	481.80%	🇺🇸 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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