Golden Ocean Group (GOGL.OL) Price/Book Ratio
Market Cap: $16.64B
Avg Volume: 565.50K
Industry: Marine Shipping
Sector: Industrials
What is Golden Ocean Group's Price/Book Ratio?
- Golden Ocean Group's trailing twelve month (TTM) Price/Book ratio is 0.84.
- Golden Ocean Group's annual Price/Book ratio as of today is 0.94.
- Golden Ocean Group's quarterly Price/Book ratio is 0.94.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess Golden Ocean Group's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 8.02
- Quarterly: 11.45
- TTM: 7.15
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 1.85
- Quarterly: 8.47
- TTM: 1.65
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 4.90
- Quarterly: 24.91
- TTM: 4.37
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: 0.08
- Quarterly: -0.40
- TTM: -0.96
These metrics provide insights into Golden Ocean Group's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
0.94
Quarterly Price/Book Ratio
0.94
TTM Price/Book Ratio
0.84
Golden Ocean Group Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
Golden Ocean Group Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2024 | 0.94 | 8.02 | 1.85 | 4.90 | 0.08 |
| 2023 | 1.02 | 17.38 | 2.20 | 7.33 | -0.23 |
| 2022 | 0.91 | 3.78 | 1.57 | 3.46 | -0.24 |
| 2021 | 0.93 | 3.39 | 1.49 | 3.19 | -0.01 |
| 2020 | 0.49 | -4.83 | 1.09 | 4.73 | 0.01 |
| 2019 | 0.55 | 22.46 | 1.18 | 5.27 | -0.40 |
| 2018 | 0.58 | 10.50 | 1.35 | 4.76 | 0.00 |
| 2017 | 0.71 | -449.39 | 2.29 | 11.15 | 4.56 |
| 2016 | 0.36 | -3.51 | 1.74 | -19.46 | 0.04 |
| 2015 | 0.14 | -0.73 | 0.85 | -10.91 | 0.00 |
Related Metrics
Explore detailed financial metrics and analysis for GOGL.OL.