New Fortress Energy (NFE)

P/B ratio as of November 2026 : -0.1310

According to New Fortress Energy 's latest financial reports the company has a price-to-book ratio of 0.0445509.
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 Fortress Energy - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.35	-29.16%
2022-12-31	6.14	145.26%
2021-12-31	2.50	-89.94%
2020-12-31	24.9	264.79%
2019-12-31	6.82
2018-12-31	N/A
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
NiSource NI	1.84	-1,502.55%	🇺🇸 USA
New Jersey Resources NJR	2.10	-1,706.67%	🇺🇸 USA
NW Natural Holdings NWN	1.40	-1,170.68%	🇺🇸 USA
National Fuel Gas NFG	1.83	-1,500.16%	🇺🇸 USA

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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New Fortress Energy (NFE) - P/B ratio