Permex Petroleum (XCNQ:OIL) Price-to-Tangible-Book : 0.30 (As of May. 20, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Permex Petroleum Price-to-Tangible-Book?

As of today (2024-05-20), Permex Petroleum's share price is C$5.60. Permex Petroleum's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was C$18.84. Hence, Permex Petroleum's Price to Tangible Book Ratio of today is 0.30.

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

XCNQ:OIL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.9 Max: 2.67
Current: 0.3

During the past 6 years, Permex Petroleum's highest Price to Tangible Book Ratio was 2.67. The lowest was 0.27. And the median was 0.90.

XCNQ:OIL's Price-to-Tangible-Book is ranked better than
94.91% of 923 companies
in the Oil & Gas industry
Industry Median: 1.35 vs XCNQ:OIL: 0.30

A closely related ratio is called PB Ratio. As of today, Permex Petroleum's share price is C$5.60. Permex Petroleum's Book Value per Sharefor the quarter that ended in Jun. 2023 was C$18.84. Hence, Permex Petroleum's P/B Ratio of today is 0.30.

Permex Petroleum Price-to-Tangible-Book Historical Data

The historical data trend for Permex Petroleum'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.

Permex Petroleum Price-to-Tangible-Book Chart

Permex Petroleum Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.91

0.39

0.46

1.13

1.08

Permex Petroleum 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															1.25	1.08	0.38	0.90	0.57

Competitive Comparison of Permex Petroleum's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Permex Petroleum'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.

Permex Petroleum's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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

Permex Petroleum Price-to-Tangible-Book Calculation

Permex Petroleum's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	5.60	/	18.841
	=	0.30

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.

Permex Petroleum Price-to-Tangible-Book Related Terms

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

Permex Petroleum (XCNQ:OIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permex Petroleum Corp (XCNQ:OIL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

OILCF:USA 75P:Germany

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8

Website

https://www.permexpetroleum.com

Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum US Corporation owns and operates on private, state, and federal land. The company has a single reportable segment i.e. acquisition, development, and production of oil and gas properties in the United States.

Executives

Mehran Ehsan

Director, Senior Officer