Ocean Thermal Energy (Ocean Thermal Energy) PB Ratio

: (As of Today)

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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), Ocean Thermal Energy's share price is $0.02. Ocean Thermal Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.24. Hence, Ocean Thermal Energy's PB Ratio of today is .

The historical rank and industry rank for Ocean Thermal Energy's PB Ratio or its related term are showing as below:

CPWR's PB Ratio is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 1.24
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 33.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ocean Thermal Energy was 76.50% per year. The lowest was -341.60% per year. And the median was -5.35% per year.

Back to Basics: PB Ratio

Ocean Thermal Energy PB Ratio Historical Data

The historical data trend for Ocean Thermal Energy's PB Ratio 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.

Ocean Thermal Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Ocean Thermal Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																-	-	-	-	-

Competitive Comparison

For the Utilities - Renewable subindustry, Ocean Thermal Energy'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.

Ocean Thermal Energy PB Ratio Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Thermal Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ocean Thermal Energy's PB Ratio falls into.

Ocean Thermal Energy PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Ocean Thermal Energy's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.02	/	-0.236
	=

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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

Ocean Thermal Energy (OTCPK:CPWR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

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

Ocean Thermal Energy PB Ratio Related Terms

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Ocean Thermal Energy (Ocean Thermal Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ocean Thermal Energy Corp (OTCPK:CPWR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3675 Market Street, Suite 200, Philadelphia, PA, USA, 19104

Website

http://www.otecorporation.com

Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies, Lake Source Cooling are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.

Executives

Peter H Wolfson	director	342 N FARM DRIVE, LITITZ PA 17543
Antoinette R. Hempstead	director	7611 S. SCENIC MAPLE DR., WEST JORDAN UT 84081
Jeremy Feakins	director, 10 percent owner, officer: CEO and CFO	800 SOUTH QUEENS ST., LANCASTER PA 17603
Jpf Venture Group, Inc.	10 percent owner	800 SOUTH QUEENS STREET, LANCASTER PA 17603