PB Ratio: 1.98

Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 1.98 is 70% below its estimated 1-year average of 6.65, near the low end of its estimated 1-year range (0.21–31.97).

As of 2026-10-06T20:31:30.210Z.

GLND PB Ratio Metrics

P/B vs. estimated history

At 1.98, P/B is near its estimated 1-year median — higher than 38% of readings in its estimated 1-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)

The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Greenland Energy Company Common Stock (GLND)?

The P/B ratio for GLND stock is 1.98.

Is Greenland Energy Company Common Stock's P/B ratio high or low?

The P/B ratio of 1.98 is 70% below its estimated 1-year average of 6.65, near the low end of its estimated 1-year range (0.21–31.97).

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