Granite Ridge Resources price to book ratio GRNT
Market value divided by the book value of the company's net assets, since 2022.
- Today, Oct 23, 2026
- 1.4×
- 4-year median
- 1.2×
- Against its 4-year history
- 86th
- percentile: 0 is its lowest day, 100 its highest
- 4-year range
- 0.9× to 2.9×
- Peer median
- 1.6×
Granite Ridge Resources' price to book ratio is 1.4× as of Oct 23, 2026.
That is above its 4-year median of 1.2×, higher than on 86% of days in the last 4 years.
Over that time it ranged from 0.9× in Jan 2026 to 2.9× in Nov 2022.
The median for 10 oil and gas producers of a similar size is 1.6×.
Price to book ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 1.4× | 0.9× | 1.4× |
| 2025 | 0.9× | 0.9× | 1.4× |
| 2024 | 1.2× | 1.1× | 1.3× |
| 2023 | 1.2× | 1.1× | 2.7× |
| 2022 | 2.7× | 2.5× | 2.9× |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Granite Ridge Resources' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| GRNTGranite Ridge Resources | 1.4× |
| TTITetra Technologies | 1.9× |
| SDSandridge Energy | 1.0× |
| REPXRiley Exploration Permian | 1.7× |
| PNRGPrimeenergy Resources | 1.6× |
| MNRMach Natural Resources | 1.0× |
| KRPKimbell Royalty Partners | 3.4× |
| BKVBKV | 1.0× |
| GPORGulfport Energy | 1.6× |
| AMPYAmplify Energy | 0.4× |
| BSMBlack Stone Minerals | 3.9× |
| Peer median | 1.6× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Granite Ridge Resources
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.