New Found Gold
NFGC
$3.78
Share price
5.88%
Change (1 day)
-13.90%
Change (1 year)
Categories
New Found Gold (NFGC) - P/B ratio
P/B ratio as of May 2024 : 14.5
According to New Found Gold's latest financial reports the company has a price-to-book ratio of 14.5.
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.
New Found Gold - P/B ratio (from 2020 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 13.2 | 19.25% |
| 2022-12-31 | 11.1 | -7.61% |
| 2021-12-31 | 12.0 | 44.76% |
| 2020-12-31 | 8.30 | |
| 2019-12-31 | N/A |