Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. The company holds approximately 6.2 million gross acres of land in Canada and 0.8 million gross drilling unit acres in the United States. It has royalty interests in approximately 15,000 producing wells and receives royalty from approximately 350 industry operators in North America. The company was founded in 1996 and is headquartered in Calgary, Canada.
P/B ratio for Freehold Royalties Ltd. (FRU.TO)
P/B ratio as of 2023: 2.23
According to Freehold Royalties Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.23. At the end of 2022 the company had a P/B ratio of 2.48.
P/B ratio history for Freehold Royalties Ltd. from 1996 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.23 |
| 2022 | 2.48 |
| 2021 | 1.78 |
| 2020 | 0.94 |
| 2019 | 1.22 |
| 2018 | 1.26 |
| 2017 | 2.00 |
| 2016 | 1.77 |
| 2015 | 1.32 |
| 2014 | 3.23 |
| 2013 | 5.03 |
| 2012 | 4.60 |
| 2011 | 4.27 |
| 2010 | 4.49 |
| 2009 | 2.52 |
| 2008 | 2.35 |
| 2007 | 3.06 |
| 2006 | 2.09 |
| 2005 | 2.02 |
| 2004 | 3.33 |
| 2003 | 2.81 |
| 2002 | 1.78 |
| 2001 | 1.35 |
| 2000 | 1.27 |
| 1999 | 0.85 |
| 1998 | 0.59 |
| 1997 | 1.05 |
| 1996 | 1.19 |