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Pine Cliff Energy (TSX:PNE) Price-to-Tangible-Book : 4.33 (As of May. 25, 2024)


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What is Pine Cliff Energy Price-to-Tangible-Book?

As of today (2024-05-25), Pine Cliff Energy's share price is C$1.03. Pine Cliff Energy's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.24. Hence, Pine Cliff Energy's Price to Tangible Book Ratio of today is 4.33.

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

TSX:PNE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 1.77   Max: 6.37
Current: 4.33

During the past 13 years, Pine Cliff Energy's highest Price to Tangible Book Ratio was 6.37. The lowest was 0.85. And the median was 1.77.

TSX:PNE's Price-to-Tangible-Book is ranked worse than
88.12% of 926 companies
in the Oil & Gas industry
Industry Median: 1.34 vs TSX:PNE: 4.33

A closely related ratio is called PB Ratio. As of today, Pine Cliff Energy's share price is C$1.03. Pine Cliff Energy's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.24. Hence, Pine Cliff Energy's P/B Ratio of today is 4.33.


Pine Cliff Energy Price-to-Tangible-Book Historical Data

The historical data trend for Pine Cliff 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.

Pine Cliff Energy Price-to-Tangible-Book Chart

Pine Cliff 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 4.69 - 5.07 4.44 4.82

Pine Cliff Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.53 4.36 4.66 4.82 4.20

Competitive Comparison of Pine Cliff Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Pine Cliff 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.


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

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

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



Pine Cliff Energy Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1.03/0.238
=4.33

* 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.


Pine Cliff Energy Price-to-Tangible-Book Related Terms

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


Pine Cliff Energy (TSX:PNE) Business Description

Traded in Other Exchanges
Address
1015 - 4th Street South West, Suite 850, Calgary, AB, CAN, T2R 1J4
Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.
Executives
Calvin Blain Jacober Director

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