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Maxim Power (Maxim Power) PB Ratio

: 0.75 (As of Today)
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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 (2024-04-19), Maxim Power's share price is $3.31. Maxim Power's Book Value per Share for the quarter that ended in Dec. 2023 was $4.39. Hence, Maxim Power's PB Ratio of today is 0.75.

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

MXGFF' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.74   Max: 1.16
Current: 0.78

During the past 13 years, Maxim Power's highest PB Ratio was 1.16. The lowest was 0.45. And the median was 0.74.

MXGFF's PB Ratio is ranked better than
72.68% of 410 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs MXGFF: 0.78

During the past 12 months, Maxim Power's average Book Value Per Share Growth Rate was 9.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Maxim Power was 100.40% per year. The lowest was -49.20% per year. And the median was 3.35% per year.

Back to Basics: PB Ratio


Maxim Power PB Ratio Historical Data

The historical data trend for Maxim Power'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.67 [6] => 0.72 [7] => 0.89 [8] => 0.63 [9] => 0.73 )
Maxim Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.72 0.89 0.63 0.73

Maxim Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.63 0.72 0.83 0.85 0.73

Competitive Comparison

For the Utilities - Independent Power Producers subindustry, Maxim Power'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.


Maxim Power PB Ratio Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Maxim Power's PB Ratio distribution charts can be found below:

* The bar in red indicates where Maxim Power's PB Ratio falls into.



Maxim Power 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.

Maxim Power's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.31/4.387
=0.75

* 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.


Maxim Power  (OTCPK:MXGFF) 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.


Maxim Power PB Ratio Related Terms

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


Maxim Power (Maxim Power) Business Description

Traded in Other Exchanges
Address
715-5 Avenue Southwest, Suite 1800, Calgary, AB, CAN, T2P 2X6
Maxim Power Corp is an independent power producer. It is focused entirely on power projects in Alberta. Its core asset is the 204MW H.R. Milner Plant, M2, in Grande Cache, AB, a state-of-the-art natural gas-fired power plant that went online in Q2, 2020. The company is increasing the capacity of M2 to approximately 300 MW and concurrently will realize an improvement in the efficiency of the plant by investing in heat recovery combined cycle technology. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.