Jericho Energy Ventures (Jericho Energy Ventures) Price-to-Tangible-Book : 2.39 (As of May. 14, 2024)

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What is Jericho Energy Ventures Price-to-Tangible-Book?

As of today (2024-05-14), Jericho Energy Ventures's share price is $0.1077. Jericho Energy Ventures's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.05. Hence, Jericho Energy Ventures's Price to Tangible Book Ratio of today is 2.39.

The historical rank and industry rank for Jericho Energy Ventures's Price-to-Tangible-Book or its related term are showing as below:

JROOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84 Med: 2.12 Max: 7.26
Current: 2.69

During the past 13 years, Jericho Energy Ventures's highest Price to Tangible Book Ratio was 7.26. The lowest was 0.84. And the median was 2.12.

JROOF's Price-to-Tangible-Book is ranked worse than
76.72% of 928 companies
in the Oil & Gas industry
Industry Median: 1.36 vs JROOF: 2.69

A closely related ratio is called PB Ratio. As of today, Jericho Energy Ventures's share price is $0.1077. Jericho Energy Ventures's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.05. Hence, Jericho Energy Ventures's P/B Ratio of today is 1.99.

Jericho Energy Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Jericho Energy Ventures's Price-to-Tangible-Book 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.

* Premium members only.

Jericho Energy Ventures Price-to-Tangible-Book Chart

Jericho Energy Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.78

2.26

7.29

3.94

3.33

Jericho Energy Ventures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.94	3.39	3.41	3.43	3.33

Competitive Comparison of Jericho Energy Ventures's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Jericho Energy Ventures's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Jericho Energy Ventures's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jericho Energy Ventures's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jericho Energy Ventures's Price-to-Tangible-Book falls into.

Jericho Energy Ventures Price-to-Tangible-Book Calculation

Jericho Energy Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.1077	/	0.045
	=	2.39

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Jericho Energy Ventures Price-to-Tangible-Book Related Terms

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Jericho Energy Ventures (Jericho Energy Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jericho Energy Ventures Inc (OTCPK:JROOF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

JLM:Germany JEV:Canada

Address

1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

https://www.jerichoenergyventures.com

Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company has two reportable operating businesses. One is focused on low carbon technologies and the other related to production of crude oil and natural gas.