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Petrus Resources (TSX:PRQ) PB Ratio : 0.52 (As of Apr. 29, 2024)


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What is Petrus Resources 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 (2024-04-29), Petrus Resources's share price is C$1.33. Petrus Resources's Book Value per Share for the quarter that ended in Dec. 2023 was C$2.54. Hence, Petrus Resources's PB Ratio of today is 0.52.

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

TSX:PRQ' s PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.5   Max: 19.09
Current: 0.52

During the past 13 years, Petrus Resources's highest PB Ratio was 19.09. The lowest was 0.03. And the median was 0.50.

TSX:PRQ's PB Ratio is ranked better than
84.68% of 992 companies
in the Oil & Gas industry
Industry Median: 1.25 vs TSX:PRQ: 0.52

During the past 12 months, Petrus Resources's average Book Value Per Share Growth Rate was 17.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 138.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -23.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Petrus Resources was 138.90% per year. The lowest was -60.00% per year. And the median was -15.40% per year.

Back to Basics: PB Ratio


Petrus Resources PB Ratio Historical Data

The historical data trend for Petrus Resources'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.

Petrus Resources PB Ratio Chart

Petrus Resources Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 1.13 0.51 1.14 0.52

Petrus Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.14 0.79 0.68 0.63 0.52

Competitive Comparison of Petrus Resources's PB Ratio

For the Oil & Gas E&P subindustry, Petrus Resources'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.


Petrus Resources's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petrus Resources's PB Ratio falls into.



Petrus Resources 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.

Petrus Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.33/2.536
=0.52

* 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.


Petrus Resources  (TSX:PRQ) 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.


Petrus Resources PB Ratio Related Terms

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


Petrus Resources (TSX:PRQ) Business Description

Traded in Other Exchanges
Address
2400, 240 - 4th Avenue SW, Calgary, AB, CAN, T2P 4H4
Petrus Resources Ltd is an oil and gas company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.

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