Poseidon Concepts (TSX:PSN) PB Ratio : 0.20 (As of Apr. 26, 2024)

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What is Poseidon Concepts 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 (2024-04-26), Poseidon Concepts's share price is C$0.27. Poseidon Concepts's Book Value per Share for the quarter that ended in Sep. 2012 was C$1.33. Hence, Poseidon Concepts's PB Ratio of today is 0.20.

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

TSX:PSN's PB Ratio is not ranked ^*
in the Oil & Gas industry.
Industry Median: 1.24
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Poseidon Concepts PB Ratio Historical Data

The historical data trend for Poseidon Concepts'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.

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Poseidon Concepts PB Ratio Chart

Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

PB Ratio

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49.60

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
PB Ratio	Get a 7-Day Free Trial										-	49.60	10.61	8.41	11.02

Competitive Comparison of Poseidon Concepts's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.

Poseidon Concepts's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Poseidon Concepts's PB Ratio falls into.

Poseidon Concepts 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.

Poseidon Concepts's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2012)
	=	0.27	/	1.326
	=	0.20

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.

Poseidon Concepts (TSX:PSN) 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.

Poseidon Concepts PB Ratio Related Terms

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