MRGE (Mirage Energy) Book Value per Share: $-0.01 (As of Jul. 2021)

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What is Mirage Energy Book Value per Share?

Mirage Energy MRGE Book Value per Share is $-0.01 as of Jul. 2021.

Mirage Energy's book value per share for the quarter that ended in Jul. 2021 was $-0.01.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Mirage Energy's current price is $0.014. Its book value per share for the quarter that ended in Jul. 2021 was $-0.01. Hence, today's PB Ratio of Mirage Energy is .


Mirage Energy  (OTCPK:MRGE) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Mirage Energy Book Value per Share Related Terms


Mirage Energy Book Value per Share Historical Data

* Premium members only.

The historical data trend for Mirage Energy's Book Value per Share 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.

Mirage Energy Book Value per Share Chart

Mirage Energy Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Book Value per Share
Get a 7-Day Free Trial -0.01 -0.01 -0.01 -0.01 -0.01

Mirage Energy Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
Book Value per Share 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 -0.01 -0.01 -0.01 -0.01 -0.01

MRGE vs EPD, WMB, KMI: Book Value per Share Comparison

For the Oil & Gas Midstream subindustry, Mirage Energy's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Mirage Energy PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mirage Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mirage Energy's PB Ratio falls into.



Mirage Energy Book Value per Share Calculation

Mirage Energy's Book Value Per Share for the fiscal year that ended in Jul. 2021 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-3.07-0.01)/478.82
=-0.01

Mirage Energy's Book Value Per Share for the quarter that ended in Jul. 2021 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-3.07-0.01)/478.82
=-0.01

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $-0.01 mean?
Mirage Energy (MRGE) has a Book Value per Share of $-0.01 as of Jul. 2021. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Mirage Energy and its competitors.
Is Mirage Energy's Book Value per Share too high?
Mirage Energy's current Book Value per Share is $-0.01.
How does Mirage Energy's Book Value per Share compare to EPD and WMB?
Mirage Energy's Book Value per Share of $-0.01 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Mirage Energy and its competitors. Mirage Energy's current Book Value per Share is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirage Energy stock overvalued right now?
Mirage Energy (MRGE) has a current Book Value per Share of $-0.01. The current Book Value per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Mirage Energy (MRGE), the current Book Value per Share is $-0.01 as of Jul. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mirage Energy Business Description

Industry EnergyOil & Gas
Address 900 Isom Road, Suite 306, San Antonio, TX, USA, 78216
Mirage Energy Corp develops an integrated natural gas transportation and storage facility in Mexico and the United States. The natural gas will be exported from the United States by pipeline to the Mexican storage unit for later distribution throughout Mexico.