Eco (Atlantic) Oil & GasECAOF -3.67%22 PB Ratio is 10.08 as of Jun. 24, 2026, which is 214% above its 10-year median of 3.21. GuruFocus rates ECAOF with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 923 Oil & Gas companies, Eco (Atlantic) Oil & Gas ranks worse than 95.67% on this metric.
The historical rank and industry rank for Eco (Atlantic) Oil & Gas's PB Ratio or its related term are showing as below:
ECAOF'
s PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 3.21 Max: 15.37
Current: 11.89
During the past 13 years, Eco (Atlantic) Oil & Gas's highest PB Ratio was 15.37. The lowest was 0.98. And the median was 3.21.
ECAOF's PB Ratio is ranked worse than 95.67% of 923
companies
in the Oil & Gas industry
Industry Median: 1.44
vs ECAOF: 11.89
During the past 12 months, Eco (Atlantic) Oil & Gas's average Book Value Per Share Growth Rate was -18.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -28.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eco (Atlantic) Oil & Gas was 38.20% per year. The lowest was -28.20% per year. And the median was -9.50% per year.
Back to Basics: PB Ratio
Eco (Atlantic) Oil & Gas (OTCPK:ECAOF) 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.
* 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, Eco (Atlantic) Oil & Gas'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.
Eco (Atlantic) Oil & Gas PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Eco (Atlantic) Oil & Gas's PB Ratio distribution charts can be found below:
* The bar in red indicates where Eco (Atlantic) Oil & Gas'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.
Eco (Atlantic) Oil & Gas (ECAOF) has a PB Ratio of 10.08 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eco (Atlantic) Oil & Gas and its competitors. This is 214% above median its historical median of 3.21. Over the past decade, Eco (Atlantic) Oil & Gas' PB Ratio has ranged from 0.98 to 15.37. According to the industry distribution chart, Eco (Atlantic) Oil & Gas ranks #883 out of 923 companies in the Oil & Gas industry, placing it in the top 95.7%.
Is Eco (Atlantic) Oil & Gas' PB Ratio too high?
Eco (Atlantic) Oil & Gas' current PB Ratio of 10.08 is 214% above median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 15.37. The Oil & Gas industry median PB Ratio is 1.44. Eco (Atlantic) Oil & Gas' value of 10.08 is 600% above this industry median. Based on the distribution chart, Eco (Atlantic) Oil & Gas ranks #883 out of 923 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Eco (Atlantic) Oil & Gas has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Eco (Atlantic) Oil & Gas' PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Eco (Atlantic) Oil & Gas ranks #883 out of 923 companies for PB Ratio. This places Eco (Atlantic) Oil & Gas in the lower half of its industry. The industry median PB Ratio is 1.44. Eco (Atlantic) Oil & Gas' value of 10.08 is 600% above this benchmark. Historically, Eco (Atlantic) Oil & Gas' own PB Ratio has ranged from 0.98 to 15.37 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 1.44, Eco (Atlantic) Oil & Gas 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 1.44, based on 923 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. Eco (Atlantic) Oil & Gas's current PB Ratio of 10.08 is 600% 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 Eco (Atlantic) Oil & Gas and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco (Atlantic) Oil & Gas's current PB Ratio is 10.08, which is 214% above median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco (Atlantic) Oil & Gas stock overvalued right now?
Eco (Atlantic) Oil & Gas (ECAOF) has a current PB Ratio of 10.08. The current PB Ratio is 10.08, which is 214% above median its 10-year median of 3.21 and 600% above the Oil & Gas industry median of 1.44. Eco (Atlantic) Oil & Gas' overall GF Score™ is 22/100 with 1 warning sign 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 Eco (Atlantic) Oil & Gas (ECAOF), the current PB Ratio is 10.08 as of Jun. 24, 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.
Eco (Atlantic) Oil & Gas Ltd is an oil and gas exploration and development company. The company focused on the identification, acquisition, and development of petroleum opportunities around the world. Its project includes Orinduik Block; Cooper Block (PEL 030); Sharon Block (PEL 033); Guy Block (PEL 034) and Tamar Block (PEL 050) in Guyana and Namibia.
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