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BIREF (Birchcliff Energy) PB Ratio : 0.60 (As of Dec. 13, 2024)


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What is Birchcliff 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 (2024-12-13), Birchcliff Energy's share price is $3.5675. Birchcliff Energy's Book Value per Share for the quarter that ended in Sep. 2024 was $5.97. Hence, Birchcliff Energy's PB Ratio of today is 0.60.

Good Sign:

Birchcliff Energy Ltd stock PB Ratio (=0.63) is close to 3-year low of 0.58

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

BIREF' s PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.79   Max: 2.43
Current: 0.62

During the past 13 years, Birchcliff Energy's highest PB Ratio was 2.43. The lowest was 0.10. And the median was 0.79.

BIREF's PB Ratio is ranked better than
77.3% of 956 companies
in the Oil & Gas industry
Industry Median: 1.17 vs BIREF: 0.62

During the past 12 months, Birchcliff Energy's average Book Value Per Share Growth Rate was -5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Birchcliff Energy was 354.20% per year. The lowest was -3.80% per year. And the median was 6.45% per year.

Back to Basics: PB Ratio


Birchcliff Energy PB Ratio Historical Data

The historical data trend for Birchcliff 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.

Birchcliff Energy PB Ratio Chart

Birchcliff Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.30 0.92 1.04 0.70

Birchcliff Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio 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 0.91 0.70 0.66 0.73 0.70

Competitive Comparison of Birchcliff Energy's PB Ratio

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


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

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

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



Birchcliff 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=3.5675/5.971
=0.60

* 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 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.


Birchcliff Energy  (OTCPK:BIREF) 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.


Birchcliff Energy PB Ratio Related Terms

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


Birchcliff Energy Business Description

Traded in Other Exchanges
Address
600 - 3rd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 0G5
Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high-working production, which is surrounded by blocks of high-working interest lands where it owns and/or controls the infrastructure. To get the full value out of its natural gas wells, several gas plants are completely owned and operated for gas processing purposes. Natural gas production accounts for the majority of Birchcliff's revenue.