New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units, and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; marine LNG storage and regasification facility in Sergipe, Brazil; and LNG receiving facility in La Paz, Mexico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
P/B ratio for New Fortress Energy Inc. (NFE)
P/B ratio as of 2023: 4.74
According to New Fortress Energy Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.74. At the end of 2022 the company had a P/B ratio of 6.89.
P/B ratio history for New Fortress Energy Inc. from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.74 |
| 2022 | 6.89 |
| 2021 | 2.68 |
| 2020 | 15.58 |
| 2019 | 3.85 |
| 2018 | 0.97 |
| 2017 | 3.05 |
| 2016 | 3.07 |