Smart Sand, Inc., an integrated frac sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides logistics services; and SmartSystems, a wellsite proppant storage solution. The company sells its products primarily to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. As of December 31, 2021, it had approximately 250 million tons of proven and probable recoverable sand reserves. Smart Sand, Inc. was incorporated in 2011 and is headquartered in The Woodlands, Texas.
P/B ratio for Smart Sand, Inc. (SND)
P/B ratio as of 2023: 0.31
According to Smart Sand, 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 0.31.
P/B ratio history for Smart Sand, Inc. from 2014 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.31 |
| 2022 | 0.31 |
| 2021 | 0.31 |
| 2020 | 0.24 |
| 2019 | 0.41 |
| 2018 | 0.43 |
| 2017 | 1.83 |
| 2016 | 2.83 |
| 2015 | 556.41 |
| 2014 | -676.77 |