Cimarex Energy Co's book value per share for the quarter that ended in Sep. 2021 was $19.56.
During the past 12 months, Cimarex Energy Co's average Book Value Per Share Growth Rate was -5.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -17.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cimarex Energy Co was 43.10% per year. The lowest was -22.50% per year. And the median was 9.65% per year.
Cimarex Energy Co's current price is $87.20. Its book value per share for the quarter that ended in Sep. 2021 was $19.56. Hence, today's PB Ratio of Cimarex Energy Co is 4.46.
During the past 13 years, the highest P/B Ratio of Cimarex Energy Co was 6.59. The lowest was 0.54. And the median was 2.51.
Cimarex Energy Co Book Value per Share Historical Data
The historical data trend for Cimarex Energy Co's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Cimarex Energy Co's Book Value per Share
For the Oil & Gas E&P subindustry, Cimarex Energy Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cimarex Energy Co's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cimarex Energy Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cimarex Energy Co's PB Ratio falls into.
Cimarex Energy Co Book Value per Share Calculation
Cimarex Energy Co's Book Value Per Share for the fiscal year that ended in Dec. 2020 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Cimarex Energy Co (NYSE:XEC) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Cimarex Energy Co Book Value per Share Related Terms
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Cimarex Energy Co (Cimarex Energy Co) Business Description
Denver-based Cimarex Energy is an independent exploration and production company with operations throughout the Southern and Central United States, where its focus includes the Permian Basin, Woodford Shale, and Meramec horizon. The firm was created in 2002 when it spun off from Helmerich & Payne and then merged with Key Production. At year-end 2018, Cimarex's proved reserves were 591 million barrels of oil equivalent, with net production of 221 thousand boe per day. Natural gas represented 42% of production and 45% of reserves.
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