Maxim Power (Maxim Power) Price-to-Tangible-Book : 0.75 (As of Apr. 27, 2024)

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What is Maxim Power Price-to-Tangible-Book?

As of today (2024-04-27), Maxim Power's share price is $3.27. Maxim Power's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.39. Hence, Maxim Power's Price to Tangible Book Ratio of today is 0.75.

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

MXGFF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61 Med: 0.77 Max: 1.07
Current: 0.77

During the past 13 years, Maxim Power's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.61. And the median was 0.77.

MXGFF's Price-to-Tangible-Book is ranked better than
77.55% of 392 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.4 vs MXGFF: 0.77

A closely related ratio is called PB Ratio. As of today, Maxim Power's share price is $3.27. Maxim Power's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.39. Hence, Maxim Power's P/B Ratio of today is 0.75.

Maxim Power Price-to-Tangible-Book Historical Data

The historical data trend for Maxim Power'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.

Maxim Power Price-to-Tangible-Book Chart

Maxim Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.67

0.72

0.89

0.63

0.73

Maxim Power Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.63	0.72	0.83	0.85	0.73

Competitive Comparison of Maxim Power's Price-to-Tangible-Book

For the Utilities - Independent Power Producers subindustry, Maxim Power'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.

Maxim Power's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Maxim Power's Price-to-Tangible-Book distribution charts can be found below:

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

Maxim Power Price-to-Tangible-Book Calculation

Maxim Power's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.27	/	4.387
	=	0.75

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.

Maxim Power Price-to-Tangible-Book Related Terms

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

Maxim Power (Maxim Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Maxim Power Corp (OTCPK:MXGFF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MXG:Canada

Address

715-5 Avenue Southwest, Suite 1800, Calgary, AB, CAN, T2P 2X6

Website

https://www.maximpowercorp.com

Maxim Power Corp is an independent power producer. It is focused entirely on power projects in Alberta. Its core asset is the 204MW H.R. Milner Plant, M2, in Grande Cache, AB, a state-of-the-art natural gas-fired power plant that went online in Q2, 2020. The company is increasing the capacity of M2 to approximately 300 MW and concurrently will realize an improvement in the efficiency of the plant by investing in heat recovery combined cycle technology. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.