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CanAsia EnergyTSXV:CEC 32 PB Ratio is 7.00 as of Aug. 02, 2026. GuruFocus rates TSXV:CEC with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 928 Oil & Gas companies, CanAsia Energy ranks worse than 92.56% 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 (2026-08-02), CanAsia Energy's share price is C$0.28. CanAsia Energy's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.04. Hence, CanAsia Energy's PB Ratio of today is 7.00.
The historical rank and industry rank for CanAsia Energy's PB Ratio or its related term are showing as below:
TSXV:CEC'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 8.13
Current: 7
During the past 4 years, CanAsia Energy's highest PB Ratio was 8.13. The lowest was 0.00. And the median was 0.00.
TSXV:CEC's PB Ratio is ranked worse than 92.56% of 928
companies
in the Oil & Gas industry
Industry Median: 1.445
vs TSXV:CEC: 7.00
During the past 12 months, CanAsia Energy's average Book Value Per Share Growth Rate was -33.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -30.80% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of CanAsia Energy was -30.80% per year. The lowest was -30.80% per year. And the median was -30.80% per year.
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.
CanAsia Energy PB Ratio Related Terms
CanAsia Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for CanAsia 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.
For the Oil & Gas E&P subindustry, CanAsia 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.
CanAsia Energy PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CanAsia Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where CanAsia Energy'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.
CanAsia Energy's PB Ratio for today is calculated as follows:
* 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.
CanAsia Energy (TSXV:CEC) has a PB Ratio of 7.00 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CanAsia Energy and its competitors. According to the industry distribution chart, CanAsia Energy ranks #859 out of 928 companies in the Oil & Gas industry, placing it in the top 92.6%.
Is CanAsia Energy's PB Ratio too high?
CanAsia Energy's current PB Ratio is 7.00. The Oil & Gas industry median PB Ratio is 1.45. CanAsia Energy's value of 7.00 is 384.4% above this industry median. Based on the distribution chart, CanAsia Energy ranks #859 out of 928 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, CanAsia Energy has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does CanAsia Energy's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, CanAsia Energy ranks #859 out of 928 companies for PB Ratio. This places CanAsia Energy in the lower half of its industry. The industry median PB Ratio is 1.45. CanAsia Energy's value of 7.00 is 384.4% above 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 1.45, based on 928 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. CanAsia Energy's current PB Ratio of 7.00 is 384.4% 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 CanAsia Energy 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. CanAsia Energy's current PB Ratio is 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanAsia Energy stock overvalued right now?
CanAsia Energy (TSXV:CEC) has a current PB Ratio of 7.00. The current PB Ratio is 7.00 and 384.4% above the Oil & Gas industry median of 1.45. CanAsia Energy's overall GF Score™ is 32/100 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 CanAsia Energy (TSXV:CEC), the current PB Ratio is 7.00 as of Aug. 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.
CanAsia Energy Corp is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The company has interest in Sawn Lake, Alberta.
32GF Score
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