Baytex Energy (Baytex Energy) Price-to-Tangible-Book

: 1.05 (As of Today)

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As of today (2024-04-16), Baytex Energy's share price is $3.66. Baytex Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.47. Hence, Baytex Energy's Price to Tangible Book Ratio of today is 1.05.

The historical rank and industry rank for Baytex Energy's Price-to-Tangible-Book or its related term are showing as below:

BTE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35 Med: 0.72 Max: 1.44
Current: 1.09

During the past 13 years, Baytex Energy's highest Price to Tangible Book Ratio was 1.44. The lowest was 0.35. And the median was 0.72.

BTE's Price-to-Tangible-Book is ranked better than
61.49% of 927 companies
in the Oil & Gas industry
Industry Median: 1.33 vs BTE: 1.09

A closely related ratio is called PB Ratio. As of today, Baytex Energy's share price is $3.66. Baytex Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.47. Hence, Baytex Energy's P/B Ratio of today is 1.05.

Baytex Energy Price-to-Tangible-Book Historical Data

The historical data trend for Baytex Energy's Price-to-Tangible-Book 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.

* Premium members only.

Baytex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.36

0.67

1.01

1.10

0.96

Baytex Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.10	0.91	0.81	1.07	0.96

Competitive Comparison

For the Oil & Gas E&P subindustry, Baytex Energy's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Baytex Energy Price-to-Tangible-Book Distribution

For the Oil & Gas industry and Energy sector, Baytex Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Baytex Energy's Price-to-Tangible-Book falls into.

Baytex Energy Price-to-Tangible-Book Calculation

Baytex Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.66	/	3.47
	=	1.05

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Baytex Energy Price-to-Tangible-Book Related Terms

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Baytex Energy (Baytex Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baytex Energy Corp (NYSE:BTE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

B5X:Germany BTE:Canada

Address

2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3

Website

https://www.baytexenergy.com

Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.