Friedman Industries
FRD
#8735
Rank
NZ$0.17 B
Marketcap
$25.83
Share price
11.21%
Change (1 day)
25.92%
Change (1 year)

Friedman Industries (FRD) - P/B ratio

P/B ratio as of November 2024 : 0.7555

According to Friedman Industries's latest financial reports the company has a price-to-book ratio of 0.198546.
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.

Friedman Industries - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-310.878132.27%
2022-12-310.6639-6.61%
2021-12-310.71092.98%
2020-12-310.690314.58%
2019-12-310.6025-9.78%
2018-12-310.66772.25%
2017-12-310.6530-12.42%
2016-12-310.745626.58%
2015-12-310.5891-21.23%
2014-12-310.7478-18.41%
2013-12-310.9166-17.08%
2012-12-311.11-4.22%
2011-12-311.159.31%
2010-12-311.0647.47%
2009-12-310.7160-10.53%
2008-12-310.8003-17.83%
2007-12-310.9740-50.33%
2006-12-311.9676.9%
2005-12-311.11-50.11%
2004-12-312.22171.01%
2003-12-310.819835.48%
2002-12-310.6051