NuVista Energy (TSX:NVA) PB Ratio : 1.22 (As of May. 01, 2024)

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What is NuVista 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 (2024-05-01), NuVista Energy's share price is C$12.44. NuVista Energy's Book Value per Share for the quarter that ended in Dec. 2023 was C$10.19. Hence, NuVista Energy's PB Ratio of today is 1.22.

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

TSX:NVA' s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 1.3 Max: 2.38
Current: 1.26

During the past 13 years, NuVista Energy's highest PB Ratio was 2.38. The lowest was 0.06. And the median was 1.30.

TSX:NVA's PB Ratio is ranked worse than
51.26% of 989 companies
in the Oil & Gas industry
Industry Median: 1.24 vs TSX:NVA: 1.26

During the past 12 months, NuVista Energy's average Book Value Per Share Growth Rate was 15.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NuVista Energy was 46.40% per year. The lowest was -19.00% per year. And the median was 8.30% per year.

Back to Basics: PB Ratio

NuVista Energy PB Ratio Historical Data

The historical data trend for NuVista 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.

NuVista Energy PB Ratio Chart

NuVista Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.53

0.18

1.10

1.41

1.08

NuVista Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.41	1.19	1.12	1.31	1.08

Competitive Comparison of NuVista Energy's PB Ratio

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

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

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

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

NuVista 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	12.44	/	10.189
	=	1.22

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.

NuVista Energy (TSX:NVA) 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.

NuVista Energy PB Ratio Related Terms

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NuVista Energy (TSX:NVA) Business Description

Industry

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NUVSF:USA

Address

525 - 8th Avenue South West, Suite 2500, Calgary, AB, CAN, T2P 1G1

Website

https://nvaenergy.com

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the largest portion of hydrocarbon production for NuVista. To better service assets and production in this area, the firm operates compressor and dehydration stations.

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