Tenaz EnergyATUUF 69 PB Ratio is 4.44 as of Jun. 29, 2026, which is 300% above its 10-year median of 1.11. GuruFocus rates ATUUF with a GF Score™ of 69/100 and a GF Value™ of $45.27 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 926 Oil & Gas companies, Tenaz Energy ranks worse than 87.58% on this metric.
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 (2026-06-29), Tenaz Energy's share price is $32.9038. Tenaz Energy's Book Value per Share for the quarter that ended in Mar. 2026 was $7.41. Hence, Tenaz Energy's PB Ratio of today is 4.44.
The historical rank and industry rank for Tenaz Energy's PB Ratio or its related term are showing as below:
ATUUF'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 1.11 Max: 6.36
Current: 4.54
During the past 13 years, Tenaz Energy's highest PB Ratio was 6.36. The lowest was 0.29. And the median was 1.11.
ATUUF's PB Ratio is ranked worse than 87.58% of 926
companies
in the Oil & Gas industry
Industry Median: 1.38
vs ATUUF: 4.54
During the past 12 months, Tenaz Energy's average Book Value Per Share Growth Rate was 216.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 75.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 34.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tenaz Energy was 75.70% per year. The lowest was -50.50% per year. And the median was -0.70% per year.
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.
Tenaz Energy PB Ratio Related Terms
Tenaz Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for Tenaz Energy'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.
For the Oil & Gas E&P subindustry, Tenaz Energy'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.
Tenaz Energy PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tenaz Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tenaz Energy's PB Ratio falls into.
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.
Tenaz Energy's PB Ratio for today is calculated as follows:
* 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.
Tenaz Energy (ATUUF) has a PB Ratio of 4.44 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tenaz Energy and its competitors. This is 300% above median its historical median of 1.11. Over the past decade, Tenaz Energy's PB Ratio has ranged from 0.29 to 6.36. According to the industry distribution chart, Tenaz Energy ranks #811 out of 926 companies in the Oil & Gas industry, placing it in the top 87.6%.
Is Tenaz Energy's PB Ratio too high?
Tenaz Energy's current PB Ratio of 4.44 is 300% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 6.36. The Oil & Gas industry median PB Ratio is 1.38. Tenaz Energy's value of 4.44 is 221.7% above this industry median. Based on the distribution chart, Tenaz Energy ranks #811 out of 926 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tenaz Energy has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenaz Energy's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tenaz Energy ranks #811 out of 926 companies for PB Ratio. This places Tenaz Energy in the lower half of its industry. The industry median PB Ratio is 1.38. Tenaz Energy's value of 4.44 is 221.7% above this benchmark. Historically, Tenaz Energy's own PB Ratio has ranged from 0.29 to 6.36 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.38, Tenaz Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.38, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenaz Energy's current PB Ratio of 4.44 is 221.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tenaz Energy and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaz Energy's current PB Ratio is 4.44, which is 300% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Tenaz Energy (ATUUF) is currently considered Modestly Undervalued. The stock's GF Value™ is $45.27, compared to a current price of $32.90 — trading 27.3% below its estimated fair value. The current PB Ratio is 4.44, which is 300% above median its 10-year median of 1.11 and 221.7% above the Oil & Gas industry median of 1.38. Tenaz Energy's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Tenaz Energy (ATUUF), the current PB Ratio is 4.44 as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tenaz Energy (ATUUF) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaz Energy stock appears to be undervalued.
The current stock price of $32.90 is trading 27.3% below its estimated GF Value™ of $45.27.
GuruFocus considers Tenaz Energy to be Modestly Undervalued.
Key valuation signals for ATUUF:
PB Ratio: 4.44 (300% above median its 10-year median of 1.11)
GF Value™: $45.27 vs. price of $32.90 (27.3% below fair value)
Industry Position: 221.7% above the Oil & Gas median (#811 of 926)
No single metric tells the full story. See the ATUUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaz Energy Corp is an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. Tenaz has domestic operations in Canada along with offshore natural gas and midstream assets in the Netherlands. The group produces crude oil and natural gas from several formations within the Mannville Group at Leduc-Woodbend in central Alberta. It has two operating segments Canadian business unit and the Netherlands business unit, and it derives revenue from the sale of petroleum and natural gas products such as heavy crude oil, light crude and medium crude oil, natural gas, and natural gas liquids of which key revenue is derived from the sale of heavy crude oil.
69GF Score
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