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Cimarex Energy Co (Cimarex Energy Co) PB Ratio : 4.46 (As of Apr. 26, 2024)


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What is Cimarex Energy Co PB Ratio?

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 (2024-04-26), Cimarex Energy Co's share price is $87.20. Cimarex Energy Co's Book Value per Share for the quarter that ended in Sep. 2021 was $19.56. Hence, Cimarex Energy Co's PB Ratio of today is 4.46.

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

XEC' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 2.51   Max: 6.59
Current: 5.11

During the past 13 years, Cimarex Energy Co's highest PB Ratio was 6.59. The lowest was 0.54. And the median was 2.51.

XEC's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.24 vs XEC: 5.11

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.

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.

Back to Basics: PB Ratio


Cimarex Energy Co PB Ratio Historical Data

The historical data trend for Cimarex Energy Co'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.

Cimarex Energy Co PB Ratio Chart

Cimarex Energy Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 4.53 1.77 1.50 2.48

Cimarex Energy Co Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 2.48 3.67 4.24 -

Competitive Comparison of Cimarex Energy Co's PB Ratio

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 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.

Cimarex Energy Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2021)
=87.20/19.564
=4.46

* 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.


Cimarex Energy Co  (NYSE:XEC) 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.


Cimarex Energy Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Cimarex Energy Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cimarex Energy Co (Cimarex Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
1700 Lincoln Street, Suite 3700, Denver, CO, USA, 80203
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.
Executives
John Lambuth officer: SVP-Exploration C/O CIMAREX ENERGY CO 1700 LINCOLN STREET, SUITE 1800 DENVER CO 80203
Joseph R Albi director, other: Former Executive VP, COO C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
G Mark Burford officer: SVP & Chief Financial Officer 1700 LINCOLN STREET SUITE 3700 DENVER CO 80203
Stephen P Bell officer: Ex VP C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Blake A Sirgo officer: VP-Operations 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Logan Harold R Jr director
Francis Brian Barron officer: Sr VP-General Counsel 1099 18TH STREET, SUITE 2300, DENVER CO 80202
Monroe W Robertson director C/O CIMAREX ENERGY CO. 1700 LINCOLN STREET, SUITE 1800 DENVER CO 80203
David A Hentschel director C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
Sullivan Michael J/co director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Thomas F Mccoy officer: SVP-Production 1700 LINCOLN STREET SUITE 3700 DENVER CO 80203
Kathleen A Hogenson director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Paul Eckley director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Frances M Vallejo director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404

Cimarex Energy Co (Cimarex Energy Co) Headlines

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