Great Lakes Dredge & Dock

NASDAQ GLDD

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Great Lakes Dredge & Dock Price to Book Ratio (P/B) on June 03, 2024: 1.49

Great Lakes Dredge & Dock Price to Book Ratio (P/B) is 1.49 on June 03, 2024, a 14.09% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Great Lakes Dredge & Dock 52-week high Price to Book Ratio (P/B) is 1.70 on August 01, 2023, which is 14.45% above the current Price to Book Ratio (P/B).
  • Great Lakes Dredge & Dock 52-week low Price to Book Ratio (P/B) is 1.11 on May 01, 2024, which is -25.19% below the current Price to Book Ratio (P/B).
  • Great Lakes Dredge & Dock average Price to Book Ratio (P/B) for the last 52 weeks is 1.41.
NASDAQ: GLDD

Great Lakes Dredge & Dock

CEO Mr. Lasse J. Petterson
IPO Date Dec. 27, 2006
Location United States
Headquarters 9811 Katy Freeway, Houston, TX, United States, 77024
Employees 367
Sector Industrials
Industry Engineering & construction
Description

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and land reclamations, channel deepening, and port infrastructure development. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil and gas, and other energy companies. It operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.

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StockViz Staff

September 20, 2024

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