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 (2024-04-23), Profire Energy's share price is $1.84. Profire Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $1.21. Hence, Profire Energy's PB Ratio of today is 1.52.
The historical rank and industry rank for Profire Energy's PB Ratio or its related term are showing as below:
PFIE'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.5 Max: 12.82
Current: 1.52
During the past 13 years, Profire Energy's highest PB Ratio was 12.82. The lowest was 0.69. And the median was 1.50.
PFIE's PB Ratio is ranked worse than 57.98% of 990
companies
in the Oil & Gas industry
Industry Median: 1.22
vs PFIE: 1.52
During the past 12 months, Profire Energy's average Book Value Per Share Growth Rate was 22.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Profire Energy was 73.10% per year. The lowest was -0.60% per year. And the median was 26.60% per year.
Back to Basics: PB Ratio
Profire Energy PB Ratio Historical Data
The historical data trend for Profire 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.
For the Oil & Gas Equipment & Services subindustry, Profire 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.
Profire Energy PB Ratio Distribution
For the Oil & Gas industry and Energy sector, Profire Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Profire Energy's PB Ratio falls into.
Profire 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.
Profire Energy's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
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.
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.
Profire Energy PB Ratio Related Terms
Thank you for viewing the detailed overview of Profire Energy's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Profire Energy (Profire Energy) Business Description
Profire Energy Inc is an oilfield technology company operating in the United States. It is engaged in the business of developing combustion management technologies for the oil and gas industry. The company specializes in the creation of burner-management systems, used on a variety of oilfield natural-draft fire tube vessels. In addition to the burner-management systems, the company also sell complementary oilfield products to its customer. Geographically, the company divides its business into two business unit namely the United States and Canada and majority of its revenue comes from the United States.
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