OPAL Fuels Inc. engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company generates and sells renewable power to utilities. As of May 1, 2022, it owned and operated 24 biogas projects. The company was founded in 1998 and is based in White Plains, New York.
P/B ratio for OPAL Fuels Inc. (OPAL)
P/B ratio as of 2023: -0.31
According to OPAL Fuels Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -0.31. At the end of 2022 the company had a P/B ratio of -0.28.
P/B ratio history for OPAL Fuels Inc. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -0.31 |
| 2022 | -0.28 |
| 2021 | 47.68 |
| 2020 | -9.71 |
| 2019 | 12.45 |