Pipestone Energy (FRA:2LA) Price-to-Tangible-Book : 0.72 (As of May. 27, 2024)

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

As of today (2024-05-27), Pipestone Energy's share price is €1.304. Pipestone Energy's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €1.80. Hence, Pipestone Energy's Price to Tangible Book Ratio of today is 0.72.

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

FRA:2LA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23 Med: 0.95 Max: 2.28
Current: 0.75

During the past 5 years, Pipestone Energy's highest Price to Tangible Book Ratio was 2.28. The lowest was 0.23. And the median was 0.95.

FRA:2LA's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.34 vs FRA:2LA: 0.75

A closely related ratio is called PB Ratio. As of today, Pipestone Energy's share price is €1.304. Pipestone Energy's Book Value per Sharefor the quarter that ended in Jun. 2023 was €1.80. Hence, Pipestone Energy's P/B Ratio of today is 0.72.

Pipestone Energy Price-to-Tangible-Book Historical Data

The historical data trend for Pipestone 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.

Pipestone Energy Price-to-Tangible-Book Chart

Pipestone Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

0.80

0.33

1.70

1.19

Pipestone Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.48	1.13	1.19	1.03	0.83

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

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

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

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

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

Pipestone Energy Price-to-Tangible-Book Calculation

Pipestone Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	1.304	/	1.799
	=	0.72

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.

Pipestone Energy Price-to-Tangible-Book Related Terms

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

Pipestone Energy (FRA:2LA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.

Website

https://www.pipestonecorp.com

Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.

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