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Crescent Point Energy (Crescent Point Energy) Price-to-Tangible-Book : 1.16 (As of Apr. 29, 2024)


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What is Crescent Point Energy Price-to-Tangible-Book?

As of today (2024-04-29), Crescent Point Energy's share price is $9.23. Crescent Point Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.93. Hence, Crescent Point Energy's Price to Tangible Book Ratio of today is 1.16.

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

CPG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 0.79   Max: 1.21
Current: 1.18

During the past 13 years, Crescent Point Energy's highest Price to Tangible Book Ratio was 1.21. The lowest was 0.36. And the median was 0.79.

CPG's Price-to-Tangible-Book is ranked better than
58.42% of 926 companies
in the Oil & Gas industry
Industry Median: 1.32 vs CPG: 1.18

A closely related ratio is called PB Ratio. As of today, Crescent Point Energy's share price is $9.23. Crescent Point Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.26. Hence, Crescent Point Energy's P/B Ratio of today is 1.12.


Crescent Point Energy Price-to-Tangible-Book Historical Data

The historical data trend for Crescent Point 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.

Crescent Point Energy Price-to-Tangible-Book Chart

Crescent Point Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.61 0.76 0.85 0.87

Crescent Point Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.85 0.82 0.74 1.07 0.87

Competitive Comparison of Crescent Point Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Crescent Point 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.


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

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

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



Crescent Point Energy Price-to-Tangible-Book Calculation

Crescent Point 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 )
=9.23/7.925
=1.16

* 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 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.


Crescent Point Energy Price-to-Tangible-Book Related Terms

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


Crescent Point Energy (Crescent Point Energy) Business Description

Traded in Other Exchanges
Address
585 - 8th Avenue S.W., Suite 2000, Calgary, AB, CAN, T2P 1G1
Crescent Point Energy Corp is an independent exploration and production company. It is engaged in acquiring, developing, and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly-owned subsidiaries. The company generates maximum revenue from Oil and gas sales.