As of today (2024-04-24), Profire Energy's share price is $1.88. Profire Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.14. Hence, Profire Energy's Price to Tangible Book Ratio of today is 1.65.
The historical rank and industry rank for Profire Energy's Price-to-Tangible-Book or its related term are showing as below:
PFIE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1 Med: 1.59 Max: 7.32
Current: 1.65
During the past 13 years, Profire Energy's highest Price to Tangible Book Ratio was 7.32. The lowest was 1.00. And the median was 1.59.
PFIE's Price-to-Tangible-Book is ranked worse than 57.45% of 926
companies
in the Oil & Gas industry
Industry Median: 1.32
vs PFIE: 1.65
A closely related ratio is called PB Ratio. As of today, Profire Energy's share price is $1.88. Profire Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.21. Hence, Profire Energy's P/B Ratio of today is 1.55.
Profire Energy Price-to-Tangible-Book Historical Data
The historical data trend for Profire 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.
For the Oil & Gas Equipment & Services subindustry, Profire 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.
Profire Energy Price-to-Tangible-Book Distribution
For the Oil & Gas industry and Energy sector, Profire Energy's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Profire Energy's Price-to-Tangible-Book falls into.
Profire Energy Price-to-Tangible-Book Calculation
Profire Energy's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
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.
Profire Energy Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Profire Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Profire Energy (Profire Energy) Business Description
Profire Energy Inc is an oilfield technology company operating in the United States. It is engaged in the business of developing combustion management technologies for the oil and gas industry. The company specializes in the creation of burner-management systems, used on a variety of oilfield natural-draft fire tube vessels. In addition to the burner-management systems, the company also sell complementary oilfield products to its customer. Geographically, the company divides its business into two business unit namely the United States and Canada and majority of its revenue comes from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PFIE has been successfully added to your 