Capricorn Energy (LSE:CNE) PB Ratio: 0.85 (As of Jul. 07, 2026) — 16% Above Median


LSE:CNE Capricorn Energy PLC LSE:CNE
77 GF Score
Price £3.46
GF Value £2.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Capricorn Energy PB Ratio?

Capricorn Energy LSE:CNE 77 PB Ratio is 0.85 as of Jul. 07, 2026, which is 16% above its 10-year median of 0.73. GuruFocus rates LSE:CNE with a GF Score™ of 77/100 and a GF Value™ of £2.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 927 Oil & Gas companies, Capricorn Energy ranks better than 72.6% 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 (2026-07-07), Capricorn Energy's share price is £3.46. Capricorn Energy's Book Value per Share for the quarter that ended in Dec. 2025 was £4.06. Hence, Capricorn Energy's PB Ratio of today is 0.85.

Warning Sign:

Capricorn Energy PLC stock PB Ratio (=0.85) is close to 3-year high of 0.85.

The historical rank and industry rank for Capricorn Energy's PB Ratio or its related term are showing as below:

LSE:CNE' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.73   Max: 1.48
Current: 0.85

During the past 13 years, Capricorn Energy's highest PB Ratio was 1.48. The lowest was 0.15. And the median was 0.73.

LSE:CNE's PB Ratio is ranked better than
72.6% of 927 companies
in the Oil & Gas industry
Industry Median: 1.39 vs LSE:CNE: 0.85

During the past 12 months, Capricorn Energy's average Book Value Per Share Growth Rate was 0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -30.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -17.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Capricorn Energy was 167.20% per year. The lowest was -38.80% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio


Capricorn Energy  (LSE:CNE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Capricorn Energy PB Ratio Related Terms


Capricorn Energy PB Ratio Historical Data

* Premium members only.

The historical data trend for Capricorn 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.

Capricorn Energy PB Ratio Chart

Capricorn Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.88 0.49 0.73 0.48

Capricorn Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.46 0.73 0.61 0.48

LSE:CNE vs COP, EOG, FANG: PB Ratio Comparison

For the Oil & Gas E&P subindustry, Capricorn 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.


Capricorn Energy PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Capricorn Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where Capricorn Energy's PB Ratio falls into.


LSE:CNE
77GF Score
Capricorn Energy PLC LSE:CNE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capricorn Energy PB Ratio Calculation

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.

Capricorn Energy's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.46/4.061
=0.85

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.85 mean?
Capricorn Energy (LSE:CNE) has a PB Ratio of 0.85 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Capricorn Energy and its competitors. This is 16% above median its historical median of 0.73. Over the past decade, Capricorn Energy's PB Ratio has ranged from 0.15 to 1.48. According to the industry distribution chart, Capricorn Energy ranks #254 out of 927 companies in the Oil & Gas industry, placing it in the top 27.4%.
Is Capricorn Energy's PB Ratio too high?
Capricorn Energy's current PB Ratio of 0.85 is 16% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.48. The Oil & Gas industry median PB Ratio is 1.39. Capricorn Energy's value of 0.85 is 38.8% below this industry median. Based on the distribution chart, Capricorn Energy ranks #254 out of 927 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Capricorn Energy has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capricorn Energy's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Capricorn Energy ranks #254 out of 927 companies for PB Ratio. This puts Capricorn Energy in the upper half of its industry. The industry median PB Ratio is 1.39. Capricorn Energy's value of 0.85 is 38.8% below this benchmark. Historically, Capricorn Energy's own PB Ratio has ranged from 0.15 to 1.48 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.39, Capricorn Energy 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 1.39, based on 927 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. Capricorn Energy's current PB Ratio of 0.85 is 38.8% 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 Capricorn Energy and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capricorn Energy's current PB Ratio is 0.85, which is 16% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capricorn Energy stock overvalued right now?
Based on GuruFocus' analysis, Capricorn Energy (LSE:CNE) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.25, compared to a current price of £3.46 — trading 53.8% above its estimated fair value. The current PB Ratio is 0.85, which is 16% above median its 10-year median of 0.73 and 38.8% below the Oil & Gas industry median of 1.39. Capricorn Energy's overall GF Score™ is 77/100 with 5 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 Capricorn Energy (LSE:CNE), the current PB Ratio is 0.85 as of Jul. 07, 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 Capricorn Energy (LSE:CNE) Overvalued in 2026?

Based on GuruFocus' analysis, Capricorn Energy stock appears to be overvalued. The current stock price of £3.46 is trading 53.8% above its estimated GF Value™ of £2.25. GuruFocus considers Capricorn Energy to be Significantly Overvalued.

Key valuation signals for LSE:CNE:

  • PB Ratio: 0.85 (16% above median its 10-year median of 0.73)
  • GF Value™: £2.25 vs. price of £3.46 (53.8% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 38.8% below the Oil & Gas median (#254 of 927)

No single metric tells the full story. See the LSE:CNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capricorn Energy Business Description

Industry EnergyOil & Gas
Address 50 Lothian Road, Edinburgh, GBR, EH3 9BY
Capricorn Energy PLC is an energy producer focused on oil and gas. Its portfolio includes onshore development and production assets in the Egyptian Western Desert. Capricorn's segments include: Egypt; Other Capricorn Energy Group segment, and an Other countries segment, which combines costs related to legacy assets in Mauritania and Suriname and ongoing new venture activities in the UK. Geographically, the company derives its key revenue from Egypt through oil and gas sales.
77GF Score

Get the complete analysis for LSE:CNE

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£3.46
Price
£2.25
GF Value