Tidewater Renewables (TSX:LCFS) PB Ratio: 2.74 (As of Jun. 24, 2026) — 322% Above Median


TSX:LCFS Tidewater Renewables Ltd TSX:LCFS
36 GF Score
Price C$12.48
GF Value C$5.08
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Tidewater Renewables PB Ratio?

Tidewater Renewables TSX:LCFS +2.03% 36 PB Ratio is 2.74 as of Jun. 24, 2026, which is 322% above its 10-year median of 0.65. GuruFocus rates TSX:LCFS with a GF Score™ of 36/100 and a GF Value™ of C$5.08 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,583 Chemicals companies, Tidewater Renewables ranks worse than 68.29% 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 (2026-06-24), Tidewater Renewables's share price is C$12.48. Tidewater Renewables's Book Value per Share for the quarter that ended in Mar. 2026 was C$4.55. Hence, Tidewater Renewables's PB Ratio of today is 2.74.

Warning Sign:

Tidewater Renewables Ltd stock PB Ratio (=2.76) is close to 5-year high of 2.79.

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

TSX:LCFS' s PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.65   Max: 2.79
Current: 2.76

During the past 8 years, Tidewater Renewables's highest PB Ratio was 2.79. The lowest was 0.13. And the median was 0.65.

TSX:LCFS's PB Ratio is ranked worse than
68.29% of 1583 companies
in the Chemicals industry
Industry Median: 1.82 vs TSX:LCFS: 2.76

During the past 12 months, Tidewater Renewables's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -35.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Tidewater Renewables was 138.60% per year. The lowest was -35.20% per year. And the median was 48.35% per year.

Back to Basics: PB Ratio


Tidewater Renewables  (TSX:LCFS) 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.


Tidewater Renewables PB Ratio Related Terms


Tidewater Renewables PB Ratio Historical Data

* Premium members only.

The historical data trend for Tidewater Renewables'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.

Tidewater Renewables PB Ratio Chart

Tidewater Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.99 0.74 0.55 0.19 1.00

Tidewater Renewables 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 0.76 0.56 0.97 1.00 1.54

TSX:LCFS vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Tidewater Renewables'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.


Tidewater Renewables PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tidewater Renewables's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tidewater Renewables's PB Ratio falls into.


TSX:LCFS
36GF Score
Tidewater Renewables Ltd TSX:LCFS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidewater Renewables 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.

Tidewater Renewables's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.48/4.547
=2.74

* 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 2.74 mean?
Tidewater Renewables (TSX:LCFS) has a PB Ratio of 2.74 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 Tidewater Renewables and its competitors. This is 322% above median its historical median of 0.65. Over the past decade, Tidewater Renewables' PB Ratio has ranged from 0.13 to 2.79. According to the industry distribution chart, Tidewater Renewables ranks #1081 out of 1583 companies in the Chemicals industry, placing it in the top 68.3%.
Is Tidewater Renewables' PB Ratio too high?
Tidewater Renewables' current PB Ratio of 2.74 is 322% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 2.79. The Chemicals industry median PB Ratio is 1.82. Tidewater Renewables' value of 2.74 is 50.5% above this industry median. Based on the distribution chart, Tidewater Renewables ranks #1081 out of 1583 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tidewater Renewables has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater Renewables' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tidewater Renewables ranks #1081 out of 1583 companies for PB Ratio. This places Tidewater Renewables in the lower half of its industry. The industry median PB Ratio is 1.82. Tidewater Renewables' value of 2.74 is 50.5% above this benchmark. Historically, Tidewater Renewables' own PB Ratio has ranged from 0.13 to 2.79 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.82, Tidewater Renewables 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 a Chemicals company?
The median PB Ratio among Chemicals companies is 1.82, based on 1,583 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. Tidewater Renewables's current PB Ratio of 2.74 is 50.5% 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 Tidewater Renewables and its competitors. For the Chemicals industry, the median PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidewater Renewables's current PB Ratio is 2.74, which is 322% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater Renewables stock overvalued right now?
Based on GuruFocus' analysis, Tidewater Renewables (TSX:LCFS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$5.08, compared to a current price of C$12.48 — trading 145.7% above its estimated fair value. The current PB Ratio is 2.74, which is 322% above median its 10-year median of 0.65 and 50.5% above the Chemicals industry median of 1.82. Tidewater Renewables' overall GF Score™ is 36/100 with 9 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 Tidewater Renewables (TSX:LCFS), the current PB Ratio is 2.74 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.

Is Tidewater Renewables (TSX:LCFS) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater Renewables stock appears to be overvalued. The current stock price of C$12.48 is trading 145.7% above its estimated GF Value™ of C$5.08. GuruFocus considers Tidewater Renewables to be Significantly Overvalued.

Key valuation signals for TSX:LCFS:

  • PB Ratio: 2.74 (322% above median its 10-year median of 0.65)
  • GF Value™: C$5.08 vs. price of C$12.48 (145.7% above fair value)
  • GF Score™: 36/100 with 9 warning signs
  • Industry Position: 50.5% above the Chemicals median (#1081 of 1583)

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


Tidewater Renewables Business Description

Other Exchanges TDWRF:USA7GZ:Germany
Address 222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Renewables Ltd is a multi-faceted energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas. The company generates maximum revenue from Renewable Fuels.
36GF Score

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

C$12.48
Price
C$5.08
GF Value