Canadian Spirit ResourcesCSPUF PB Ratio is 0.48 as of Jul. 11, 2026, which is 23% above its 10-year median of 0.39. The stock has 3 warning signs investors should review. Among 924 Oil & Gas companies, Canadian Spirit Resources ranks better than 86.58% on this metric.
Canadian Spirit Resources Inc stock PB Ratio (=0.54) is close to 2-year high of 0.54.
The historical rank and industry rank for Canadian Spirit Resources's PB Ratio or its related term are showing as below:
CSPUF'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.39 Max: 0.83
Current: 0.54
During the past 13 years, Canadian Spirit Resources's highest PB Ratio was 0.83. The lowest was 0.10. And the median was 0.39.
CSPUF's PB Ratio is ranked better than 86.58% of 924
companies
in the Oil & Gas industry
Industry Median: 1.425
vs CSPUF: 0.54
During the past 12 months, Canadian Spirit Resources's average Book Value Per Share Growth Rate was -69.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -40.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -26.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -19.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Canadian Spirit Resources was 153.90% per year. The lowest was -50.00% per year. And the median was -9.80% per year.
Back to Basics: PB Ratio
Canadian Spirit Resources (OTCPK:CSPUF) PB Ratio Explanation
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.
Canadian Spirit Resources PB Ratio Related Terms
Canadian Spirit Resources PB Ratio Historical Data
* 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, Canadian Spirit 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.
Canadian Spirit Resources PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Canadian Spirit Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Spirit Resources'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.
* 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.
Canadian Spirit Resources (CSPUF) has a PB Ratio of 0.48 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Canadian Spirit Resources and its competitors. This is 23% above median its historical median of 0.39. Over the past decade, Canadian Spirit Resources' PB Ratio has ranged from 0.10 to 0.83. According to the industry distribution chart, Canadian Spirit Resources ranks #124 out of 924 companies in the Oil & Gas industry, placing it in the top 13.4%.
Is Canadian Spirit Resources' PB Ratio too high?
Canadian Spirit Resources' current PB Ratio of 0.48 is 23% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.83. The Oil & Gas industry median PB Ratio is 1.43. Canadian Spirit Resources' value of 0.48 is 66.3% below this industry median. Based on the distribution chart, Canadian Spirit Resources ranks #124 out of 924 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Canadian Spirit Resources' PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canadian Spirit Resources ranks #124 out of 924 companies for PB Ratio. This places Canadian Spirit Resources in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.43. Canadian Spirit Resources' value of 0.48 is 66.3% below this benchmark. Historically, Canadian Spirit Resources' own PB Ratio has ranged from 0.10 to 0.83 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.43, Canadian Spirit Resources has consistently been below 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 1.43, based on 924 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. Canadian Spirit Resources's current PB Ratio of 0.48 is 66.3% below 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 Canadian Spirit Resources and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Spirit Resources's current PB Ratio is 0.48, which is 23% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Spirit Resources stock overvalued right now?
Canadian Spirit Resources (CSPUF) has a current PB Ratio of 0.48. The current PB Ratio is 0.48, which is 23% above median its 10-year median of 0.39 and 66.3% below the Oil & Gas industry median of 1.43. 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 Canadian Spirit Resources (CSPUF), the current PB Ratio is 0.48 as of Jul. 11, 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.
Canadian Spirit Resources Inc is a natural resources company focusing on the identification and development of opportunities in the unconventional natural gas sector of the energy industry. It is focused on the exploration and production of natural gas in the Montney Formation of northeast British Columbia.
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