Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects in North America, Europe, Latin America, and Asia. The company produces electricity from renewable resources, such as wind, solar, or hydropower, as well as clean-burning natural gas and biomass for sale under power purchase agreements and other revenue arrangements. It owned or had an economic interest in 3.2 gigawatts of operating generating capacity. The company was founded in 1987 and is headquartered in Toronto, Canada.
P/B ratio for Northland Power Inc. (NPI.TO)
P/B ratio as of 2023: 1.45
According to Northland Power Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.45. At the end of 2022 the company had a P/B ratio of 2.00.
P/B ratio history for Northland Power Inc. from 1998 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.45 |
| 2022 | 2.00 |
| 2021 | 3.01 |
| 2020 | 5.76 |
| 2019 | 4.61 |
| 2018 | 3.70 |
| 2017 | 4.33 |
| 2016 | 4.31 |
| 2015 | 3.15 |
| 2014 | 2.70 |
| 2013 | 2.23 |
| 2012 | 3.17 |
| 2011 | 3.09 |
| 2010 | 1.39 |
| 2009 | 1.28 |
| 2008 | 1.72 |
| 2007 | 1.79 |
| 2006 | 1.48 |
| 2005 | 1.91 |
| 2004 | 1.85 |
| 2003 | 1.13 |
| 2002 | 1.49 |
| 2001 | 1.50 |
| 2000 | 1.12 |
| 1999 | 0.97 |
| 1998 | 0.00 |