Jericho Energy Ventures (Jericho Energy Ventures) PB Ratio : 2.22 (As of Apr. 28, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Jericho Energy Ventures 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), Jericho Energy Ventures's share price is $0.1443. Jericho Energy Ventures's Book Value per Share for the quarter that ended in Sep. 2023 was $0.07. Hence, Jericho Energy Ventures's PB Ratio of today is 2.22.

Warning Sign:

Jericho Energy Ventures Inc stock PB Ratio (=2.1) is close to 2-year high of 2.21

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

JROOF' s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.74 Max: 5.67
Current: 2.1

During the past 12 years, Jericho Energy Ventures's highest PB Ratio was 5.67. The lowest was 0.38. And the median was 1.74.

JROOF's PB Ratio is ranked worse than
75.28% of 991 companies
in the Oil & Gas industry
Industry Median: 1.23 vs JROOF: 2.10

During the past 12 months, Jericho Energy Ventures's average Book Value Per Share Growth Rate was -12.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -26.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -26.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Jericho Energy Ventures was 120.20% per year. The lowest was -34.20% per year. And the median was -4.50% per year.

Back to Basics: PB Ratio

Jericho Energy Ventures PB Ratio Historical Data

The historical data trend for Jericho Energy Ventures'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.

Jericho Energy Ventures PB Ratio Chart

Jericho Energy Ventures Annual Data

Trend

Sep13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

Get a 7-Day Free Trial

1.24

0.78

2.26

6.09

3.33

Jericho Energy Ventures Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial															3.56	3.33	2.86	2.93	2.95

Competitive Comparison of Jericho Energy Ventures's PB Ratio

For the Oil & Gas E&P subindustry, Jericho Energy Ventures'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.

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

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

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

Jericho Energy Ventures 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.1443	/	0.065
	=	2.22

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.

Jericho Energy Ventures (OTCPK:JROOF) 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.

Jericho Energy Ventures PB Ratio Related Terms

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

Jericho Energy Ventures (Jericho Energy Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jericho Energy Ventures Inc (OTCPK:JROOF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

JLM:Germany JEV:Canada

Address

1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

https://www.jerichoenergyventures.com

Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company has two reportable operating businesses. One is focused on low carbon technologies and the other related to production of crude oil and natural gas.