CNX Resources (STU:CGD) PB Ratio: 1.00 (As of Jul. 14, 2026) — 20% Above Median

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Director of Data and Quant Analytics at GuruFocus
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STU:CGD CNX Resources Corp STU:CGD
71 GF Score
Price €28.32
GF Value €37.16
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is CNX Resources PB Ratio?

CNX Resources STU:CGD +1.61% 71 PB Ratio is 1.00 as of Jul. 14, 2026, which is 20% above its 10-year median of 0.83. GuruFocus rates STU:CGD with a GF Score™ of 71/100 and a GF Value™ of €37.16 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 924 Oil & Gas companies, CNX Resources ranks better than 68.51% 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 (2026-07-14), CNX Resources's share price is €28.32. CNX Resources's Book Value per Share for the quarter that ended in Mar. 2026 was €28.20. Hence, CNX Resources's PB Ratio of today is 1.00.

Good Sign:

CNX Resources Corp stock PB Ratio (=0.99) is close to 1-year low of 0.98.

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

STU:CGD' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.83   Max: 1.76
Current: 0.99

During the past 13 years, CNX Resources's highest PB Ratio was 1.76. The lowest was 0.23. And the median was 0.83.

STU:CGD's PB Ratio is ranked better than
68.51% of 924 companies
in the Oil & Gas industry
Industry Median: 1.445 vs STU:CGD: 0.99

During the past 12 months, CNX Resources's average Book Value Per Share Growth Rate was 25.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CNX Resources was 75.30% per year. The lowest was -13.40% per year. And the median was 12.10% per year.

Back to Basics: PB Ratio


CNX Resources  (STU:CGD) 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.


CNX Resources PB Ratio Related Terms


CNX Resources PB Ratio Historical Data

* Premium members only.

The historical data trend for CNX Resources'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.

CNX Resources PB Ratio Chart

CNX Resources 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 0.80 0.96 0.71 1.32 1.19

CNX Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.22 1.15 1.06 1.19 1.18

STU:CGD vs CRC, MGY, MUR: PB Ratio Comparison

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


CNX Resources PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where CNX Resources's PB Ratio falls into.


STU:CGD
71GF Score
CNX Resources Corp STU:CGD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNX Resources 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.

CNX Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=28.32/28.195
=1.00

* 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 1.00 mean?
CNX Resources (STU:CGD) has a PB Ratio of 1.00 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CNX Resources and its competitors. This is 20% above median its historical median of 0.83. Over the past decade, CNX Resources' PB Ratio has ranged from 0.23 to 1.76. According to the industry distribution chart, CNX Resources ranks #291 out of 924 companies in the Oil & Gas industry, placing it in the top 31.5%.
Is CNX Resources' PB Ratio too high?
CNX Resources' current PB Ratio of 1.00 is 20% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.76. The Oil & Gas industry median PB Ratio is 1.45. CNX Resources' value of 1.00 is 30.8% below this industry median. Based on the distribution chart, CNX Resources ranks #291 out of 924 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CNX Resources has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CNX Resources' PB Ratio compare to CRC and MGY?
According to the Oil & Gas industry distribution chart, CNX Resources ranks #291 out of 924 companies for PB Ratio. This puts CNX Resources in the upper half of its industry. The industry median PB Ratio is 1.45. CNX Resources' value of 1.00 is 30.8% below this benchmark. Historically, CNX Resources' own PB Ratio has ranged from 0.23 to 1.76 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.45, CNX 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 1.45, 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. CNX Resources's current PB Ratio of 1.00 is 30.8% 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 CNX Resources and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNX Resources's current PB Ratio is 1.00, which is 20% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNX Resources stock overvalued right now?
Based on GuruFocus' analysis, CNX Resources (STU:CGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.16, compared to a current price of €28.32 — trading 23.8% below its estimated fair value. The current PB Ratio is 1.00, which is 20% above median its 10-year median of 0.83 and 30.8% below the Oil & Gas industry median of 1.45. CNX Resources' overall GF Score™ is 71/100 with 6 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 CNX Resources (STU:CGD), the current PB Ratio is 1.00 as of Jul. 14, 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 CNX Resources (STU:CGD) Overvalued in 2026?

Based on GuruFocus' analysis, CNX Resources stock appears to be undervalued. The current stock price of €28.32 is trading 23.8% below its estimated GF Value™ of €37.16. GuruFocus considers CNX Resources to be Modestly Undervalued.

Key valuation signals for STU:CGD:

  • PB Ratio: 1.00 (20% above median its 10-year median of 0.83)
  • GF Value™: €37.16 vs. price of €28.32 (23.8% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 30.8% below the Oil & Gas median (#291 of 924)

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


CNX Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CNX:USA
Address 1000 Horizon Vue Drive, CNX Center, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. It is focused on unconventional shale formations, prominently the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. the company has two reportable segments: Shale and Coalbed Methane. The majority of the company's revenue is derived from the Shale segment.
71GF Score

Get the complete analysis for STU:CGD

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

€28.32
Price
€37.16
GF Value