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Westbridge Energy (STU:PUQ3) PB Ratio : 0.10 (As of Jun. 17, 2024)


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What is Westbridge 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 (2024-06-17), Westbridge Energy's share price is €0.149. Westbridge Energy's Book Value per Share for the quarter that ended in Feb. 2024 was €1.45. Hence, Westbridge Energy's PB Ratio of today is 0.10.

Warning Sign:

Westbridge Renewable Energy Corp stock PB Ratio (=2.28) is close to 10-year high of 2.28

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

STU:PUQ3' s PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.61   Max: 2.28
Current: 2.28

During the past 13 years, Westbridge Energy's highest PB Ratio was 2.28. The lowest was 0.13. And the median was 0.61.

STU:PUQ3's PB Ratio is ranked worse than
74.22% of 419 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.23 vs STU:PUQ3: 2.28

During the past 12 months, Westbridge Energy's average Book Value Per Share Growth Rate was 539.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Westbridge Energy was 55.60% per year. The lowest was -57.30% per year. And the median was -12.00% per year.

Back to Basics: PB Ratio


Westbridge Energy PB Ratio Historical Data

The historical data trend for Westbridge 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.

Westbridge Energy PB Ratio Chart

Westbridge Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Nov21 Nov22 Nov23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.47 - - -

Westbridge Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Westbridge Energy's PB Ratio

For the Utilities - Renewable subindustry, Westbridge 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.


Westbridge Energy's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Westbridge Energy's PB Ratio distribution charts can be found below:

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



Westbridge 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2024)
=0.149/1.451
=0.10

* 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.


Westbridge Energy  (STU:PUQ3) 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.


Westbridge Energy PB Ratio Related Terms

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


Westbridge Energy (STU:PUQ3) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is focused on delivering attractive, long-term returns by identifying, originating, and developing a global portfolio of renewable assets for investors and utilities. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy.

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