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 (2024-04-23), Evolution Petroleum's share price is $5.71. Evolution Petroleum's Book Value per Share for the quarter that ended in Dec. 2023 was $2.61. Hence, Evolution Petroleum's PB Ratio of today is 2.19.
Good Sign:
Evolution Petroleum Corp stock PB Ratio (=2.2) is close to 3-year low of 2.03
The historical rank and industry rank for Evolution Petroleum's PB Ratio or its related term are showing as below:
EPM'
s PB Ratio Range Over the Past 10 Years
Min: 0.96 Med: 3.28 Max: 7.88
Current: 2.19
During the past 13 years, Evolution Petroleum's highest PB Ratio was 7.88. The lowest was 0.96. And the median was 3.28.
EPM's PB Ratio is ranked worse than 75.66% of 990
companies
in the Oil & Gas industry
Industry Median: 1.22
vs EPM: 2.19
During the past 12 months, Evolution Petroleum's average Book Value Per Share Growth Rate was -1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Evolution Petroleum was 117.50% per year. The lowest was -11.30% per year. And the median was 6.90% per year.
Back to Basics: PB Ratio
Evolution Petroleum PB Ratio Historical Data
The historical data trend for Evolution Petroleum'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.
For the Oil & Gas E&P subindustry, Evolution Petroleum'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.
Evolution Petroleum PB Ratio Distribution
For the Oil & Gas industry and Energy sector, Evolution Petroleum's PB Ratio distribution charts can be found below:
* The bar in red indicates where Evolution Petroleum's PB Ratio falls into.
Evolution Petroleum 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.
Evolution Petroleum's PB Ratio for today is calculated as follows:
* 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.
Evolution Petroleum (AMEX:EPM) PB Ratio Explanation
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.
Evolution Petroleum PB Ratio Related Terms
Thank you for viewing the detailed overview of Evolution Petroleum's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Evolution Petroleum (Evolution Petroleum) Business Description
Evolution Petroleum Corp is an independent oil and gas company operating in the US. It is engaged primarily in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's revenues are primarily generated from its crude oil, natural gas and NGL production from the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field in Wyoming; and the Delhi Field in Northeast Louisiana. The revenue generated by the company includes royalty, mineral and working interests.
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