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Prospex Energy (LSE:PXEN) Price-to-Tangible-Book : 0.98 (As of May. 25, 2024)


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What is Prospex Energy Price-to-Tangible-Book?

As of today (2024-05-25), Prospex Energy's share price is £0.0605. Prospex Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.06. Hence, Prospex Energy's Price to Tangible Book Ratio of today is 0.98.

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

LSE:PXEN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31   Med: 0.8   Max: 2.21
Current: 0.98

During the past 13 years, Prospex Energy's highest Price to Tangible Book Ratio was 2.21. The lowest was 0.31. And the median was 0.80.

LSE:PXEN's Price-to-Tangible-Book is ranked better than
64.79% of 926 companies
in the Oil & Gas industry
Industry Median: 1.34 vs LSE:PXEN: 0.98

A closely related ratio is called PB Ratio. As of today, Prospex Energy's share price is £0.0605. Prospex Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.06. Hence, Prospex Energy's P/B Ratio of today is 0.98.


Prospex Energy Price-to-Tangible-Book Historical Data

The historical data trend for Prospex Energy'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.

Prospex Energy Price-to-Tangible-Book Chart

Prospex Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.42 0.71 2.21 0.80

Prospex Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 0.71 0.63 2.21 1.21 0.80

Competitive Comparison of Prospex Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Prospex Energy'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.


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

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

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



Prospex Energy Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.0605/0.062
=0.98

* 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 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.


Prospex Energy Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Prospex Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Prospex Energy (LSE:PXEN) Business Description

Traded in Other Exchanges
Address
c/o Shakespeare Martineau LLP, 60 Gracechurch Street, London, GBR, EC3V 0HR
Prospex Energy PLC is a British Oil and Gas investment company. The company's investment policy is to acquire and invest in companies and projects within the natural resources and energy sector with potential for growth and income. Its strategy is to acquire a portfolio of investments in oil and gas projects that are at various stages of the development cycle and which represent attractive opportunities on a risk/reward basis.

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