Essential Energy Services (Essential Energy Services) PB Ratio : 0.43 (As of Apr. 28, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Essential Energy Services 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), Essential Energy Services's share price is $0.285. Essential Energy Services's Book Value per Share for the quarter that ended in Jun. 2023 was $0.67. Hence, Essential Energy Services's PB Ratio of today is 0.43.

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

EEYUF' s PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.45 Max: 1.28
Current: 0.45

During the past 13 years, Essential Energy Services's highest PB Ratio was 1.28. The lowest was 0.13. And the median was 0.45.

EEYUF's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.23 vs EEYUF: 0.45

During the past 12 months, Essential Energy Services's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Essential Energy Services was 3.00% per year. The lowest was -23.30% per year. And the median was -6.50% per year.

Back to Basics: PB Ratio

Essential Energy Services PB Ratio Historical Data

The historical data trend for Essential Energy Services'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.

Essential Energy Services PB Ratio Chart

Essential Energy Services Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

Get a 7-Day Free Trial

0.25

0.35

0.22

0.45

0.41

Essential Energy Services Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
PB Ratio	Get a 7-Day Free Trial															0.49	0.36	0.41	0.38	0.41

Competitive Comparison of Essential Energy Services's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Essential Energy Services'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.

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

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

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

Essential Energy Services 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.285	/	0.67
	=	0.43

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.

Essential Energy Services (OTCPK:EEYUF) 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.

Essential Energy Services PB Ratio Related Terms

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

Essential Energy Services (Essential Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Essential Energy Services Ltd (OTCPK:EEYUF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 - 2nd Street SW, Suite 1100, Livingston Place West, Calgary, AB, CAN, T2P 0C1

Website

https://www.essentialenergy.ca

Essential Energy Services Ltd provides oilfield services to oil and natural gas producers, primarily in Western Canada. It operates through two segments: The Essential Coil Well Service segment provides completion, production, and workover services with its fleet of coiled tubing rigs, fluid pumpers, nitrogen pumpers, and ancillary equipment. Tryton segment provides downhole tools and rental services in Canada and the U.S. The majority of revenue is from the ECWS segment.