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Beach Energy (Beach Energy) PB Ratio : 1.03 (As of Apr. 28, 2024)


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What is Beach 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 (2024-04-28), Beach Energy's share price is $21.02. Beach Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $20.47. Hence, Beach Energy's PB Ratio of today is 1.03.

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

BCHEY' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.07   Max: 2.73
Current: 1.04

During the past 13 years, Beach Energy's highest PB Ratio was 2.73. The lowest was 0.36. And the median was 1.07.

BCHEY's PB Ratio is ranked better than
61.15% of 991 companies
in the Oil & Gas industry
Industry Median: 1.23 vs BCHEY: 1.04

During the past 12 months, Beach Energy's average Book Value Per Share Growth Rate was -6.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Beach Energy was 42.20% per year. The lowest was -28.30% per year. And the median was 10.40% per year.

Back to Basics: PB Ratio


Beach Energy PB Ratio Historical Data

The historical data trend for Beach 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.

Beach Energy PB Ratio Chart

Beach Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.23 0.98 1.04 0.83

Beach Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.85 1.04 0.91 0.83 0.93

Competitive Comparison of Beach Energy's PB Ratio

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


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

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

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



Beach 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=21.02/20.473
=1.03

* 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.


Beach Energy  (OTCPK:BCHEY) 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.


Beach Energy PB Ratio Related Terms

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


Beach Energy (Beach Energy) Business Description

Traded in Other Exchanges
Address
80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.

Beach Energy (Beach Energy) Headlines

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