Granite Ridge Resources (GRNT) Price to Book (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Price to Book came in at 1.03 in Q2 2026, down 20.52% on a YoY basis from 1.3 in Q2 2025, and down 27.11% quarter-over-quarter from 1.42 in Q1 2026.
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Granite Ridge Resources (GRNT) Price to Book (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has reported Price to Book for 6 consecutive years, with 1.03 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book fell 20.52% year-over-year to 1.03; the trailing twelve-month figure through Jun 2026 stood at 1.03 (down 20.52% YoY), and the FY2025 full-year result was 1.02, down 23.31% from the prior year.
- Price to Book eased to 1.03 in Q2 2026 per GRNT's latest filing, from 1.42 in the prior quarter.
- Across five years, Price to Book topped out at 2.58 in Q1 2022 and bottomed at 1.02 in Q4 2025.
- Historically, Price to Book has averaged 1.43 across 5 years, with a median of 1.26 in 2024.
- The sharpest annual moves came in 2023 and 2024: Price to Book sank 53.09% in 2023, then grew 13.75% in 2024.
- Over 5 years, Price to Book stood at 1.81 in 2022, then tumbled by 35.44% to 1.17 in 2023, then rose by 13.75% to 1.33 in 2024, then retreated by 23.31% to 1.02 in 2025, then rose by 1.4% to 1.03 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 1.03, 1.42, and 1.02 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn |
| 10 | Granite Ridge Resources | 667.76 Mn | 622.77 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 |
| Mar 31, 2026 | 1.42 |
| Dec 31, 2025 | 1.02 |
| Sep 30, 2025 | 1.10 |
| Jun 30, 2025 | 1.30 |
| Mar 31, 2025 | 1.26 |
| Dec 31, 2024 | 1.33 |
| Sep 30, 2024 | 1.18 |
| Jun 30, 2024 | 1.24 |
| Mar 31, 2024 | 1.26 |
| Dec 31, 2023 | 1.17 |
| Sep 30, 2023 | 1.25 |
| Jun 30, 2023 | 1.37 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 1.81 |
| Sep 30, 2022 | 1.95 |
| Jun 30, 2022 | 2.21 |
| Mar 31, 2022 | 2.58 |
| Dec 31, 2021 | 2.75 |