Meren Energy (TSX:MER) Book Value per Share: C$1.42 (As of Mar. 2026)

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TSX:MER Meren Energy Inc TSX:MER
36 GF Score
Price C$2.07
! 5 Warning Signs
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What is Meren Energy Book Value per Share?

Meren Energy TSX:MER +1.47% 36 Book Value per Share is C$1.42 as of Mar. 2026. GuruFocus rates TSX:MER with a GF Score™ of 36/100. The stock has 5 warning signs investors should review.

Meren Energy's book value per share for the quarter that ended in Mar. 2026 was C$1.42.

During the past 12 months, Meren Energy's average Book Value Per Share Growth Rate was -27.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -13.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.70% per year. 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.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Meren Energy was 322.50% per year. The lowest was -16.80% per year. And the median was 4.40% per year.

Meren Energy's current price is C$2.07. Its book value per share for the quarter that ended in Mar. 2026 was C$1.42. Hence, today's PB Ratio of Meren Energy is 1.46.

During the past 13 years, the highest P/B Ratio of Meren Energy was 1.73. The lowest was 0.87. And the median was 1.01.


Meren Energy  (TSX:MER) 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.


Meren Energy Book Value per Share Related Terms


Meren Energy Book Value per Share Historical Data

* Premium members only.

The historical data trend for Meren 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.

Meren Energy Book Value per Share Chart

Meren Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 2.44 2.59 1.78 1.56

Meren Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.96 1.82 1.81 1.56 1.42

TSX:MER vs COP, EOG, FANG: Book Value per Share Comparison

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


Meren Energy PB Ratio vs Oil & Gas Industry

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

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


TSX:MER
36GF Score
Meren Energy Inc TSX:MER
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Meren Energy Book Value per Share Calculation

Meren Energy's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,056.6-0.0)/675.9
=1.56

Meren Energy's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(959.0-0.0)/676.1
=1.42

* 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 C$1.42 mean?
Meren Energy (TSX:MER) has a Book Value per Share of C$1.42 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Meren Energy and its competitors.
Is Meren Energy's Book Value per Share too high?
Meren Energy's current Book Value per Share is C$1.42. Overall, Meren Energy has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Book Value per Share compare to COP and EOG?
Meren Energy's Book Value per Share of C$1.42 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 Meren Energy and its competitors. Meren Energy's current Book Value per Share is C$1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meren Energy stock overvalued right now?
Meren Energy (TSX:MER) has a current Book Value per Share of C$1.42. The current Book Value per Share is C$1.42. Meren Energy's overall GF Score™ is 36/100 with 5 warning signs to review. 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 Meren Energy (TSX:MER), the current Book Value per Share is C$1.42 as of Mar. 2026. 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.

Meren Energy Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 2500, 25th Floor, Vancouver, BC, CAN, V6C 2X8
Meren Energy Inc is an Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa, and Equatorial Guinea. The development assets of the company are in deepwater Nigeria operated by Majors. The Company holds a forward position in the Orange Basin, including its interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa.
36GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.07
Price