Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that capture methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid. Its customers for RNG and renewable identification numbers (RIN) include long-term owner-operators of landfills and livestock farms, local utilities, and refiners in the natural gas and refining sectors. The company was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.
P/B ratio for Montauk Renewables, Inc. (MNTK)
P/B ratio as of 2023: 5.05
According to Montauk Renewables, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.05. At the end of 2022 the company had a P/B ratio of 6.86.
P/B ratio history for Montauk Renewables, Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 5.05 |
| 2022 | 6.86 |
| 2021 | 7.93 |
| 2020 | 10.45 |
| 2019 | 10.81 |
| 2018 | 11.15 |