Essar Energy (LSE:ESSR) PB Ratio : 0.42 (As of Jun. 25, 2024)

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What is Essar 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 (2024-06-25), Essar Energy's share price is £0.70. Essar Energy's Book Value per Share for the quarter that ended in Mar. 2013 was £1.67. Hence, Essar Energy's PB Ratio of today is 0.42.

Good Sign:

Essar Energy PLC stock P/B Ratio (=0.42) is close to 1-year low of 0.38

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

LSE:ESSR' s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.73 Max: 2.59
Current: 0.42

During the past 3 years, Essar Energy's highest PB Ratio was 2.59. The lowest was 0.35. And the median was 0.73.

LSE:ESSR's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.19 vs LSE:ESSR: 0.42

During the past 12 months, Essar Energy's average Book Value Per Share Growth Rate was -26.80% per year.

Back to Basics: PB Ratio

Essar Energy PB Ratio Historical Data

The historical data trend for Essar 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.

Essar Energy PB Ratio Chart

Essar Energy Annual Data

Trend

Dec09

Dec10

Mar13

PB Ratio

2.29

0.82

Essar Energy Semi-Annual Data
	Dec09	Dec10	Mar13
PB Ratio	-	2.54	0.82

Competitive Comparison of Essar Energy's PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Essar 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.

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

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

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

Essar 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2013)
	=	0.70	/	1.674
	=	0.42

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.

Essar Energy (LSE:ESSR) 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.

Essar Energy PB Ratio Related Terms

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

Essar Energy (LSE:ESSR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.essarenergy.com

Essar Energy plc is incorporated in United Kingdom. It is a holding company. The business activities of the Group of which it is the parent are those of an India-focused energy company with assets across the power and oil and gas industries. The Group comprises four operating divisions are Refining and Marketing India, Refining and Marketing UK, Exploration and Production, Power Generation and Transmission. Refining and Marketing India owns a petroleum refinery on the west coast of India, together with a 50% interest in a petroleum refinery in Kenya, and oil retailing stations on franchise across India. Its products are high speed diesel, motor spirit, fuel oil and superior kerosene oil. The activities of Refining and Marketing include the refining of crude oil and trading, marketing and transportation of finished products and by-products. Refining and Marketing UK products include high speed diesel, motor spirit, fuel oil and superior kerosene oil. The activities of Refining and Marketing include the refining of crude oil and trading, marketing and transportation of finished products and by-products. Exploration and Production has a diverse portfolio of 15 blocks for the exploration and production of oil and gas in India, Indonesia, Madagascar, Nigeria and Vietnam. Power segment operates gas and liquid fuel-based power plants in India and Canada together with a number of mining assets. Corporate comprises Essar Energy plc and its subsidiary companies that provide services to the Group as a whole.

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