Logan energy (TSXV:LGN) Price-to-Tangible-Book : 2.30 (As of May. 14, 2024)

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What is Logan energy Price-to-Tangible-Book?

As of today (2024-05-14), Logan energy's share price is C$0.86. Logan energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.37. Hence, Logan energy's Price to Tangible Book Ratio of today is 2.30.

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

TSXV:LGN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.14 Med: 2.14 Max: 2.35
Current: 2.32

During the past 2 years, Logan energy's highest Price to Tangible Book Ratio was 2.35. The lowest was 2.14. And the median was 2.14.

TSXV:LGN's Price-to-Tangible-Book is ranked worse than
73.92% of 928 companies
in the Oil & Gas industry
Industry Median: 1.36 vs TSXV:LGN: 2.32

A closely related ratio is called PB Ratio. As of today, Logan energy's share price is C$0.86. Logan energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.37. Hence, Logan energy's P/B Ratio of today is 2.30.

Logan energy Price-to-Tangible-Book Historical Data

The historical data trend for Logan 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.

Logan energy Price-to-Tangible-Book Chart

Logan energy Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

2.14

Logan energy Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	2.90	2.14

Competitive Comparison of Logan energy's Price-to-Tangible-Book

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

Logan energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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

Logan energy Price-to-Tangible-Book Calculation

Logan 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 )
	=	0.86	/	0.374
	=	2.30

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.

Logan energy Price-to-Tangible-Book Related Terms

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

Logan energy (TSXV:LGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Logan energy corp (TSXV:LGN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LOECF:USA R76:Germany

Address

308 - 4 Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 3C4

Website

https://www.loganenergycorp.com

Logan energy corp is a growth-oriented exploration, development and production company. It is founded with strong initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia. The company carries on the exploration,development and production of oil and natural gas.

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