Ensign Energy Services (TSX:ESI) Price-to-Tangible-Book : 0.33 (As of Apr. 26, 2024)

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What is Ensign Energy Services Price-to-Tangible-Book?

As of today (2024-04-26), Ensign Energy Services's share price is C$2.40. Ensign Energy Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$7.17. Hence, Ensign Energy Services's Price to Tangible Book Ratio of today is 0.33.

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

TSX:ESI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.11 Med: 0.46 Max: 0.79
Current: 0.33

During the past 13 years, Ensign Energy Services's highest Price to Tangible Book Ratio was 0.79. The lowest was 0.11. And the median was 0.46.

TSX:ESI's Price-to-Tangible-Book is ranked better than
92.76% of 925 companies
in the Oil & Gas industry
Industry Median: 1.31 vs TSX:ESI: 0.33

A closely related ratio is called PB Ratio. As of today, Ensign Energy Services's share price is C$2.40. Ensign Energy Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$7.17. Hence, Ensign Energy Services's P/B Ratio of today is 0.33.

Ensign Energy Services Price-to-Tangible-Book Historical Data

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Price-to-Tangible-Book Chart

Ensign Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.32

0.11

0.23

0.48

0.30

Ensign Energy Services 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															0.48	0.43	0.27	0.46	0.30

Competitive Comparison of Ensign Energy Services's Price-to-Tangible-Book

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.

Ensign Energy Services's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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

Ensign Energy Services Price-to-Tangible-Book Calculation

Ensign Energy Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.40	/	7.172
	=	0.33

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.

Ensign Energy Services Price-to-Tangible-Book Related Terms

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

Ensign Energy Services (TSX:ESI) Business Description

Industry

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Traded in Other Exchanges

ESVIF:USA ENB:Germany

Address

400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6

Website

https://www.ensignenergy.com

Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.