Touchstone Exploration (Touchstone Exploration) PB Ratio

: 2.20 (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 (2024-04-18), Touchstone Exploration's share price is $0.56. Touchstone Exploration's Book Value per Share for the quarter that ended in Dec. 2023 was $0.26. Hence, Touchstone Exploration's PB Ratio of today is 2.20.

The historical rank and industry rank for Touchstone Exploration's PB Ratio or its related term are showing as below:

PBEGF' s PB Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.84 Max: 10.63
Current: 2.24

During the past 13 years, Touchstone Exploration's highest PB Ratio was 10.63. The lowest was 0.01. And the median was 0.84.

PBEGF's PB Ratio is ranked worse than
76.59% of 991 companies
in the Oil & Gas industry
Industry Median: 1.24 vs PBEGF: 2.24

During the past 12 months, Touchstone Exploration's average Book Value Per Share Growth Rate was -25.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Touchstone Exploration was 120.90% per year. The lowest was -66.00% per year. And the median was 7.80% per year.

Back to Basics: PB Ratio

Touchstone Exploration PB Ratio Historical Data

The historical data trend for Touchstone Exploration'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.

Touchstone Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.71

5.94

4.02

1.99

2.12

Touchstone Exploration Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																1.99	2.41	2.37	2.22	2.12

Competitive Comparison

For the Oil & Gas E&P subindustry, Touchstone Exploration'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.

Touchstone Exploration PB Ratio Distribution

For the Oil & Gas industry and Energy sector, Touchstone Exploration's PB Ratio distribution charts can be found below:

* The bar in red indicates where Touchstone Exploration's PB Ratio falls into.

Touchstone Exploration 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.

Touchstone Exploration's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.56	/	0.255
	=	2.20

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.

Touchstone Exploration (OTCPK:PBEGF) 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.

Touchstone Exploration PB Ratio Related Terms

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Touchstone Exploration (Touchstone Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Touchstone Exploration Inc (OTCPK:PBEGF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TXP:UK PNW1:Germany TXP:Canada

Address

350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9

Website

https://www.touchstoneexploration.com

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.