CanAsia Energy (CanAsia Energy) Price-to-Tangible-Book : 2.82 (As of May. 14, 2024)

View and export this data going back to 2022. Start your Free Trial

What is CanAsia Energy Price-to-Tangible-Book?

As of today (2024-05-14), CanAsia Energy's share price is $0.096. CanAsia Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.03. Hence, CanAsia Energy's Price to Tangible Book Ratio of today is 2.82.

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

CECAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.67 Med: 2.3 Max: 3.26
Current: 3.2

During the past 2 years, CanAsia Energy's highest Price to Tangible Book Ratio was 3.26. The lowest was 1.67. And the median was 2.30.

CECAF's Price-to-Tangible-Book is ranked worse than
81.03% of 928 companies
in the Oil & Gas industry
Industry Median: 1.36 vs CECAF: 3.20

A closely related ratio is called PB Ratio. As of today, CanAsia Energy's share price is $0.096. CanAsia Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.04. Hence, CanAsia Energy's P/B Ratio of today is 2.59.

CanAsia Energy Price-to-Tangible-Book Historical Data

The historical data trend for CanAsia 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.

CanAsia Energy Price-to-Tangible-Book Chart

CanAsia Energy Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

2.66

CanAsia Energy Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	5.56	5.42	6.56	2.66

Competitive Comparison of CanAsia Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, CanAsia 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.

CanAsia Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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

CanAsia Energy Price-to-Tangible-Book Calculation

CanAsia 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 )
	=	0.096	/	0.034
	=	2.82

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.

CanAsia Energy Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CanAsia Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

CanAsia Energy (CanAsia Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CanAsia Energy Corp (OTCPK:CECAF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CEC:Canada

Address

3rd Street SW, Unit 1505, 505, Calgary, AB, CAN, T2P 3E6

Website

https://canasiacorp.com

CanAsia Energy Corp is a Calgary, Alberta-based oil and gas exploration and production company with operations located at Sawn Lake, Alberta.

CanAsia Energy (CanAsia Energy) Headlines

No Headlines