PureWave Hydrogen (TSXV:PWH) PB Ratio: 0.29 (As of Jul. 02, 2026)


What is PureWave Hydrogen PB Ratio?

PureWave Hydrogen TSXV:PWH PB Ratio is 0.29 as of Jul. 02, 2026.

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 (2026-07-02), PureWave Hydrogen's share price is C$0.025. PureWave Hydrogen's Book Value per Share for the quarter that ended in May. 2025 was C$0.09. Hence, PureWave Hydrogen's PB Ratio of today is 0.29.

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

TSXV:PWH's PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.38
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

PureWave Hydrogen  (TSXV:PWH) 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.

PureWave Hydrogen PB Ratio Related Terms

PureWave Hydrogen PB Ratio Historical Data

* Premium members only.

The historical data trend for PureWave Hydrogen'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.

PureWave Hydrogen PB Ratio Chart

PureWave Hydrogen Annual Data
Trend Aug21 Aug22 Aug23 Aug24
PB Ratio
0.00 2.00 2.03 3.02

PureWave Hydrogen Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 1.08 3.02 3.07 1.74 1.40

TSXV:PWH vs COP, EOG, OXY: PB Ratio Comparison

For the Oil & Gas E&P subindustry, PureWave Hydrogen'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.

PureWave Hydrogen PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where PureWave Hydrogen's PB Ratio falls into.


PureWave Hydrogen 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.

PureWave Hydrogen's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: May. 2025)
=0.025/0.086
=0.29

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 0.29 mean?
PureWave Hydrogen (TSXV:PWH) has a PB Ratio of 0.29 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PureWave Hydrogen and its competitors.
Is PureWave Hydrogen's PB Ratio too high?
PureWave Hydrogen's current PB Ratio is 0.29. The Oil & Gas industry median PB Ratio is 1.38. PureWave Hydrogen's value of 0.29 is 79% below this industry median.
How does PureWave Hydrogen's PB Ratio compare to COP and EOG?
PureWave Hydrogen's PB Ratio of 0.29 can be compared against companies in the Oil & Gas industry. The industry median PB Ratio is 1.38. PureWave Hydrogen's value of 0.29 is 79% 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 1.38, 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. PureWave Hydrogen's current PB Ratio of 0.29 is 79% 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 PureWave Hydrogen and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PureWave Hydrogen's current PB Ratio is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PureWave Hydrogen stock overvalued right now?
PureWave Hydrogen (TSXV:PWH) has a current PB Ratio of 0.29. The current PB Ratio is 0.29 and 79% below the Oil & Gas industry median of 1.38. 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 PureWave Hydrogen (TSXV:PWH), the current PB Ratio is 0.29 as of Jul. 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.

PureWave Hydrogen Business Description

Industry EnergyOil & Gas
Address 1122 Mainland Street, No. 228, Vancouver, BC, CAN, V6B 5L1
PureWave Hydrogen Corp is a Colorado-based company that discovered and developed white (natural) hydrogen resources across North America. White hydrogen is a clean form that does not require energy-intensive processes. It is a clean and renewable energy source produced from geologic processes, offering a sustainable alternative without emitting greenhouse gases or pollutants. It holds immense potential for powering vehicles, generating electricity, and producing chemicals.