Tsakos Energy Navigation (TEN) - P/B ratio

P/B ratio as of March 2026 : 0.5805

According to Tsakos Energy Navigation's latest financial reports the company has a price-to-book ratio of 1.39639.
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.

Tsakos Energy Navigation - P/B ratio (from 2002 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	0.3584	21.25%
2024-12-31	0.2956	-25.48%
2023-12-31	0.3967
2022-12-31	N/A
2021-12-31	N/A
2020-12-31	N/A
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	0.2201	-20.55%
2016-12-31	0.2770
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A	-100%
2011-12-31	0.2400
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A
2007-12-31	N/A	-100%
2006-12-31	1.16	-0.09%
2005-12-31	1.16
2004-12-31	N/A
2003-12-31	N/A
2002-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Golar LNG GLNG	2.14	267.93%	🇧🇲 Bermuda
Teekay TK	0.4967	-14.43%	🇨🇦 Canada
Scorpio Tankers STNG	1.14	97.13%	🇲🇨 Monaco
Frontline FRO	3.08	431.44%	🇧🇲 Bermuda
Ardmore Shipping ASC	0.8929	53.83%	🇧🇲 Bermuda

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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