Strike Energy (ASX:STX) PB Ratio : 1.52 (As of May. 11, 2024)

View and export this data going back to 2004. Start your Free Trial

What is Strike Energy PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Strike Energy's share price is A$0.24. Strike Energy's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.16. Hence, Strike Energy's PB Ratio of today is 1.52.

Good Sign:

Strike Energy Ltd stock PB Ratio (=1.36) is close to 10-year low of 1.3

The historical rank and industry rank for Strike Energy's PB Ratio or its related term are showing as below:

ASX:STX' s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 3.04 Max: 10.87
Current: 1.45

During the past 13 years, Strike Energy's highest PB Ratio was 10.87. The lowest was 0.71. And the median was 3.04.

ASX:STX's PB Ratio is ranked worse than
57.7% of 993 companies
in the Oil & Gas industry
Industry Median: 1.25 vs ASX:STX: 1.45

During the past 12 months, Strike Energy's average Book Value Per Share Growth Rate was 107.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 72.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Strike Energy was 72.50% per year. The lowest was -28.40% per year. And the median was -4.05% per year.

Back to Basics: PB Ratio

Strike Energy PB Ratio Historical Data

The historical data trend for Strike Energy's PB Ratio 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.

Strike Energy PB Ratio Chart

Strike Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

0.92

9.55

4.64

4.47

3.89

Strike Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															3.47	4.47	4.14	3.89	3.04

Competitive Comparison of Strike Energy's PB Ratio

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

Strike Energy's PB Ratio Distribution in the Oil & Gas Industry

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

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

Strike Energy PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Strike Energy's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.24	/	0.158
	=	1.52

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Strike Energy (ASX:STX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Strike Energy PB Ratio Related Terms

Thank you for viewing the detailed overview of Strike Energy's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Strike Energy (ASX:STX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strike Energy Ltd (ASX:STX) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

STKKF:USA RJN:Germany

Address

40 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.strikeenergy.com.au

Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become the largest in the basin at 1,022 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production will generate material cash flows albeit to short five years life. The cash will regardless be useful for the undertaking additional projects with Strike targeting up to four gas fields being online by the end of 2026. In addition to Walyering, these include South Erregulla, West Erregulla and Ocean Hill. The more ambitious Project Haber, Strike's proposed multibillion dollar 1.4 million metric tons per year urea manufacturing facility, is now on the backburner.