Essential Energy Services (TSX:ESN) Price-to-Tangible-Book : 0.45 (As of Jun. 06, 2024)

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What is Essential Energy Services Price-to-Tangible-Book?

As of today (2024-06-06), Essential Energy Services's share price is C$0.40. Essential Energy Services's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was C$0.89. Hence, Essential Energy Services's Price to Tangible Book Ratio of today is 0.45.

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

TSX:ESN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14 Med: 0.46 Max: 1.61
Current: 0.45

During the past 13 years, Essential Energy Services's highest Price to Tangible Book Ratio was 1.61. The lowest was 0.14. And the median was 0.46.

TSX:ESN's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.3 vs TSX:ESN: 0.45

A closely related ratio is called PB Ratio. As of today, Essential Energy Services's share price is C$0.40. Essential Energy Services's Book Value per Sharefor the quarter that ended in Jun. 2023 was C$0.89. Hence, Essential Energy Services's P/B Ratio of today is 0.45.

Essential Energy Services Price-to-Tangible-Book Historical Data

The historical data trend for Essential Energy Services'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.

Essential Energy Services Price-to-Tangible-Book Chart

Essential Energy Services Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.29

0.37

0.23

0.45

0.44

Essential Energy Services 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															0.48	0.37	0.44	0.37	0.41

Competitive Comparison of Essential Energy Services's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, Essential Energy Services'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.

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

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

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

Essential Energy Services Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.40	/	0.89
	=	0.45

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.

Essential Energy Services Price-to-Tangible-Book Related Terms

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

Essential Energy Services (TSX:ESN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Essential Energy Services Ltd (TSX:ESN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 - 2nd Street SW, Suite 1100, Livingston Place West, Calgary, AB, CAN, T2P 0C1

Website

https://www.essentialenergy.ca

Essential Energy Services Ltd provides oilfield services to oil and natural gas producers, primarily in Western Canada. It operates through two segments: The Essential Coil Well Service segment provides completion, production, and workover services with its fleet of coiled tubing rigs, fluid pumpers, nitrogen pumpers, and ancillary equipment. Tryton segment provides downhole tools and rental services in Canada and the U.S. The majority of revenue is from the ECWS segment.

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