Helium EvolutionHEEVF 26 PB Ratio is 1.59 as of Jul. 02, 2026, which is 6% below its 10-year median of 1.70. GuruFocus rates HEEVF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 924 Oil & Gas companies, Helium Evolution ranks worse than 58.12% 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 (2026-07-02), Helium Evolution's share price is $0.1337. Helium Evolution's Book Value per Share for the quarter that ended in Mar. 2026 was $0.08. Hence, Helium Evolution's PB Ratio of today is 1.59.
The historical rank and industry rank for Helium Evolution's PB Ratio or its related term are showing as below:
HEEVF'
s PB Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.7 Max: 2.26
Current: 1.67
During the past 6 years, Helium Evolution's highest PB Ratio was 2.26. The lowest was 1.07. And the median was 1.70.
HEEVF's PB Ratio is ranked worse than 58.12% of 924
companies
in the Oil & Gas industry
Industry Median: 1.38
vs HEEVF: 1.67
During the past 12 months, Helium Evolution's average Book Value Per Share Growth Rate was 16.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Helium Evolution was 93.20% per year. The lowest was -4.20% per year. And the median was 44.50% per year.
Back to Basics: PB Ratio
Helium Evolution (OTCPK:HEEVF) 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.
Helium Evolution PB Ratio Related Terms
Helium Evolution PB Ratio Historical Data
* Premium members only.
The historical data trend for Helium Evolution'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, Helium Evolution'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.
Helium Evolution PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helium Evolution's PB Ratio distribution charts can be found below:
* The bar in red indicates where Helium Evolution'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.
Helium Evolution (HEEVF) has a PB Ratio of 1.59 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Helium Evolution and its competitors. This is near median its historical median of 1.70. Over the past decade, Helium Evolution's PB Ratio has ranged from 1.07 to 2.26. According to the industry distribution chart, Helium Evolution ranks #537 out of 924 companies in the Oil & Gas industry, placing it in the top 58.1%.
Is Helium Evolution's PB Ratio too high?
Helium Evolution's current PB Ratio of 1.59 is near median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.26. The Oil & Gas industry median PB Ratio is 1.38. Helium Evolution's value of 1.59 is 15.2% above this industry median. Based on the distribution chart, Helium Evolution ranks #537 out of 924 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Helium Evolution has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Helium Evolution's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Helium Evolution ranks #537 out of 924 companies for PB Ratio. This places Helium Evolution in the lower half of its industry. The industry median PB Ratio is 1.38. Helium Evolution's value of 1.59 is 15.2% above this benchmark. Historically, Helium Evolution's own PB Ratio has ranged from 1.07 to 2.26 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.38, Helium Evolution 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 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. Helium Evolution's current PB Ratio of 1.59 is 15.2% 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 Helium Evolution 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. Helium Evolution's current PB Ratio is 1.59, which is near median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helium Evolution stock overvalued right now?
Helium Evolution (HEEVF) has a current PB Ratio of 1.59. The current PB Ratio is 1.59, which is near median its 10-year median of 1.70 and 15.2% above the Oil & Gas industry median of 1.38. Helium Evolution's overall GF Score™ is 26/100 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 Helium Evolution (HEEVF), the current PB Ratio is 1.59 as of Jul. 02, 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.
Helium Evolution Inc is in the early stages of exploration for and production of helium as a resource. It is a Canadian-based helium exploration company holding helium land rights position in North America, focused on developing assets in southern Saskatchewan. The company has over five million acres of land under permit near discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. Its projects include Mankota Development Plan, Glenbain, Fox / Hatton, and Fox / Abbey.
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