Lakes Blue Energy NLLKOLF 29 PB Ratio is 0.04 as of Jun. 25, 2026. GuruFocus rates LKOLF with a GF Score™ of 29/100. Among 923 Oil & Gas companies, Lakes Blue Energy NL ranks worse than 56.77% on this metric.
The historical rank and industry rank for Lakes Blue Energy NL's PB Ratio or its related term are showing as below:
LKOLF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.91
Current: 0.91
During the past 13 years, Lakes Blue Energy NL's highest PB Ratio was 0.91. The lowest was 0.00. And the median was 0.00.
LKOLF's PB Ratio is ranked worse than 56.77% of 923
companies
in the Oil & Gas industry
Industry Median: 1.42
vs LKOLF: 0.91
During the past 12 months, Lakes Blue Energy NL's average Book Value Per Share Growth Rate was 67.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 27.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -18.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lakes Blue Energy NL was 27.90% per year. The lowest was -58.50% per year. And the median was -10.40% per year.
Back to Basics: PB Ratio
Lakes Blue Energy NL (OTCPK:LKOLF) 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.
Lakes Blue Energy NL PB Ratio Related Terms
Lakes Blue Energy NL PB Ratio Historical Data
* Premium members only.
The historical data trend for Lakes Blue Energy NL'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, Lakes Blue Energy NL'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.
Lakes Blue Energy NL PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Lakes Blue Energy NL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lakes Blue Energy NL'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.
Lakes Blue Energy NL (LKOLF) has a PB Ratio of 0.04 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lakes Blue Energy NL and its competitors. According to the industry distribution chart, Lakes Blue Energy NL ranks #524 out of 923 companies in the Oil & Gas industry, placing it in the top 56.8%.
Is Lakes Blue Energy NL's PB Ratio too high?
Lakes Blue Energy NL's current PB Ratio is 0.04. The Oil & Gas industry median PB Ratio is 1.42. Lakes Blue Energy NL's value of 0.04 is 97.2% below this industry median. Based on the distribution chart, Lakes Blue Energy NL ranks #524 out of 923 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Lakes Blue Energy NL has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Lakes Blue Energy NL's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Lakes Blue Energy NL ranks #524 out of 923 companies for PB Ratio. This places Lakes Blue Energy NL in the lower half of its industry. The industry median PB Ratio is 1.42. Lakes Blue Energy NL's value of 0.04 is 97.2% below this benchmark. 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 1.42, 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. Lakes Blue Energy NL's current PB Ratio of 0.04 is 97.2% 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 Lakes Blue Energy NL and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakes Blue Energy NL's current PB Ratio is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakes Blue Energy NL stock overvalued right now?
Lakes Blue Energy NL (LKOLF) has a current PB Ratio of 0.04. The current PB Ratio is 0.04 and 97.2% below the Oil & Gas industry median of 1.42. Lakes Blue Energy NL's overall GF Score™ is 29/100. 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 Lakes Blue Energy NL (LKOLF), the current PB Ratio is 0.04 as of Jun. 25, 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.
Lakes Blue Energy NL is engaged in the operation and exploration of oil and gas reserves. The projects of the company include Wombat Gas Field, Trifon-Gangell Gas Field, Baragwanath Gas Field, Portland Energy Project, Roma Shelf Projec, Buna, and other projects.
29GF Score
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