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Atha Energy (Atha Energy) PB Ratio : 1.15 (As of May. 14, 2024)


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What is Atha 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 (2024-05-14), Atha Energy's share price is $0.5245. Atha Energy's Book Value per Share for the quarter that ended in Sep. 2023 was $0.46. Hence, Atha Energy's PB Ratio of today is 1.15.

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

SASKF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.61
Current: 1.17

During the past 2 years, Atha Energy's highest PB Ratio was 2.61. The lowest was 0.00. And the median was 0.00.

SASKF's PB Ratio is ranked better than
60.12% of 168 companies
in the Other Energy Sources industry
Industry Median: 1.32 vs SASKF: 1.17

During the past 12 months, Atha Energy's average Book Value Per Share Growth Rate was 30850.00% per year.

Back to Basics: PB Ratio


Atha Energy PB Ratio Historical Data

The historical data trend for Atha 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.

Atha Energy PB Ratio Chart

Atha Energy Annual Data
Trend Dec21 Dec22
PB Ratio
- -

Atha Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only - - - - 2.18

Competitive Comparison of Atha Energy's PB Ratio

For the Uranium subindustry, Atha 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.


Atha Energy's PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Atha Energy's PB Ratio distribution charts can be found below:

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



Atha 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.5245/0.458
=1.15

* 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.


Atha Energy  (OTCPK:SASKF) 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.


Atha Energy PB Ratio Related Terms

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


Atha Energy (Atha Energy) Business Description

Traded in Other Exchanges
Address
1250 - 1066 Hastings St. W, Vancouver, BC, CAN, V6E 3X1
Atha Energy Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. The company has the option to acquire a 100% interest and title to the Golden Rose property located in Northeastern Ontario and has signed an agreement to acquire significant acreage in Saskatchewan and Alberta.

Atha Energy (Atha Energy) Headlines

From GuruFocus

Atha Energy Announces Closing of 92 Energy Scheme

By GlobeNewswire 04-11-2024