Kelt Exploration (KEL.TO)

P/B ratio as of December 2024 : 1.11

According to Kelt Exploration's latest financial reports the company has a price-to-book ratio of 2.44416.
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.

Kelt Exploration - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.17	5.75%
2023-12-31	1.11	3.79%
2022-12-31	1.07	-15.32%
2021-12-31	1.26	124.36%
2020-12-31	0.5623	-43.25%
2019-12-31	0.9907	3.72%
2018-12-31	0.9552	-37.14%
2017-12-31	1.52	8.11%
2016-12-31	1.41	66.43%
2015-12-31	0.8446	-41.1%
2014-12-31	1.43	-45.53%
2013-12-31	2.63

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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Kelt Exploration (KEL.TO) - P/B ratio