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G2 Energy (XCNQ:GTOO) PB Ratio : (As of Dec. 15, 2024)


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What is G2 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 (2024-12-15), G2 Energy's share price is C$0.10. G2 Energy's Book Value per Share for the quarter that ended in Mar. 2024 was C$-0.01. Hence, G2 Energy's PB Ratio of today is .

The historical rank and industry rank for G2 Energy's PB Ratio or its related term are showing as below:

During the past 8 years, G2 Energy's highest PB Ratio was 404.76. The lowest was 8.16. And the median was 64.81.

XCNQ:GTOO's PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.17
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, G2 Energy's average Book Value Per Share Growth Rate was -124.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of G2 Energy was -78.50% per year. The lowest was -78.50% per year. And the median was -78.50% per year.

Back to Basics: PB Ratio


G2 Energy PB Ratio Historical Data

The historical data trend for G2 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.

G2 Energy PB Ratio Chart

G2 Energy Annual Data
Trend Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial - - 527.78 39.58 17.65

G2 Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.20 17.65 100.00 - -

Competitive Comparison of G2 Energy's PB Ratio

For the Oil & Gas E&P subindustry, G2 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.


G2 Energy's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, G2 Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where G2 Energy's PB Ratio falls into.



G2 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.

G2 Energy's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.10/-0.012
=

* 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.


G2 Energy  (XCNQ:GTOO) 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.


G2 Energy PB Ratio Related Terms

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G2 Energy Business Description

Traded in Other Exchanges
Address
West Hastings Street, Unit 430 - 744, Vancouver, BC, CAN, V6C 1A5
G2 Energy Corp is a company focused on acquiring and developing overlooked, low-risk, high-return opportunities in the oil and gas sector. The company is seeking opportunities to acquire a portfolio of risk-managed production and development in the USA. G2 is also pursuing production acquisition opportunities with operating netbacks and infrastructure facilities to fast-track future production growth.
Executives
John Costigan Director
Slawomir Smulewicz 10% Security Holder, Director, Senior Officer

G2 Energy Headlines

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