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CES Energy Solutions (CES Energy Solutions) Price-to-Tangible-Book : 2.27 (As of Apr. 26, 2024)


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What is CES Energy Solutions Price-to-Tangible-Book?

As of today (2024-04-26), CES Energy Solutions's share price is $4.15. CES Energy Solutions's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.83. Hence, CES Energy Solutions's Price to Tangible Book Ratio of today is 2.27.

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

CESDF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 2.24   Max: 12.7
Current: 2.32

During the past 13 years, CES Energy Solutions's highest Price to Tangible Book Ratio was 12.70. The lowest was 0.92. And the median was 2.24.

CESDF's Price-to-Tangible-Book is ranked worse than
71.46% of 925 companies
in the Oil & Gas industry
Industry Median: 1.31 vs CESDF: 2.32

A closely related ratio is called PB Ratio. As of today, CES Energy Solutions's share price is $4.15. CES Energy Solutions's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.08. Hence, CES Energy Solutions's P/B Ratio of today is 2.00.


CES Energy Solutions Price-to-Tangible-Book Historical Data

The historical data trend for CES Energy Solutions'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.

CES Energy Solutions Price-to-Tangible-Book Chart

CES Energy Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 0.95 1.30 1.34 1.42

CES Energy Solutions 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 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 1.34 1.26 1.19 1.65 1.42

Competitive Comparison of CES Energy Solutions's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.


CES Energy Solutions's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where CES Energy Solutions's Price-to-Tangible-Book falls into.



CES Energy Solutions Price-to-Tangible-Book Calculation

CES Energy Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.15/1.827
=2.27

* 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.


CES Energy Solutions Price-to-Tangible-Book Related Terms

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


CES Energy Solutions (CES Energy Solutions) Business Description

Traded in Other Exchanges
Address
332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2
CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

CES Energy Solutions (CES Energy Solutions) Headlines