TGS ASA
TGS.OL
TGS ASA (TGS.OL) - P/B ratio
P/B ratio as of May 2024 : 1.16
According to TGS ASA's latest financial reports the company has a price-to-book ratio of 1.16.
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.
TGS ASA - P/B ratio (from 2009 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.34 | 0.45% |
| 2022-12-31 | 1.33 | 32.92% |
| 2021-12-31 | 1.00 | -30.41% |
| 2020-12-31 | 1.44 | -37.4% |
| 2019-12-31 | 2.30 | 15.11% |
| 2018-12-31 | 1.99 | -0.53% |
| 2017-12-31 | 2.01 | 3.39% |
| 2016-12-31 | 1.94 | 42.26% |
| 2015-12-31 | 1.36 | -17.36% |
| 2014-12-31 | 1.65 | -21.13% |
| 2013-12-31 | 2.09 | -26.47% |
| 2012-12-31 | 2.85 | 21.1% |
| 2011-12-31 | 2.35 | -6.47% |
| 2010-12-31 | 2.51 | 11.82% |
| 2009-12-31 | 2.25 |