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Mustang Energy (XCNQ:MEC) PB Ratio : 5.00 (As of Apr. 15, 2025)


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What is Mustang 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 (2025-04-15), Mustang Energy's share price is C$0.26. Mustang Energy's Book Value per Share for the quarter that ended in Sep. 2024 was C$0.05. Hence, Mustang Energy's PB Ratio of today is 5.00.

Good Sign:

Mustang Energy Corp stock PB Ratio (=4.81) is close to 10-year low of 4.81.

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

XCNQ:MEC' s PB Ratio Range Over the Past 10 Years
Min: 4.81   Med: 47.73   Max: 130
Current: 5

During the past 8 years, Mustang Energy's highest PB Ratio was 130.00. The lowest was 4.81. And the median was 47.73.

XCNQ:MEC's PB Ratio is ranked worse than
91.67% of 168 companies
in the Other Energy Sources industry
Industry Median: 1.055 vs XCNQ:MEC: 5.00

During the past 12 months, Mustang Energy's average Book Value Per Share Growth Rate was 550.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Mustang Energy was 39.90% per year. The lowest was -133.50% per year. And the median was -49.30% per year.

Back to Basics: PB Ratio


Mustang Energy PB Ratio Historical Data

The historical data trend for Mustang 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.

Mustang Energy PB Ratio Chart

Mustang Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 28.26 50.00 10.17 4.84

Mustang Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 38.13 4.84 3.53 4.44 7.79

Competitive Comparison of Mustang Energy's PB Ratio

For the Uranium subindustry, Mustang 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.


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

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

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


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Mustang 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.26/0.052
=5.00

* 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.


Mustang Energy  (XCNQ:MEC) 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.


Mustang Energy PB Ratio Related Terms

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


Mustang Energy Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Mustang Energy Corp is a mineral exploration and development company focused on uranium mineral projects. It intends to conduct exploration for uranium on its properties located in the Eastern Athabasca Basin of Saskatchewan, Canada and, in particular, the Ford Lake Property. The Ford Lake Property consists of three claims covering an area of 7,433 hectares in the prolific Eastern Athabasca Basin near the margin of the Mudjatik and Wollaston Domains.