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Citicore Renewable EnergyPHS:CREC 3 Price-to-Tangible-Book is 2.21 as of Aug. 26, 2026. GuruFocus rates PHS:CREC with a GF Score™ of 3/100. The stock has 8 warning signs investors should review. Among 411 Utilities - Independent Power Producers companies, Citicore Renewable Energy ranks worse than 64.48% on this metric.
The historical rank and industry rank for Citicore Renewable Energy's Price-to-Tangible-Book or its related term are showing as below:
PHS:CREC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.54 Med: 2.08 Max: 2.21
Current: 2.2
During the past 4 years, Citicore Renewable Energy's highest Price to Tangible Book Ratio was 2.21. The lowest was 1.54. And the median was 2.08.
PHS:CREC's Price-to-Tangible-Book is ranked worse than 64.48% of 411
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.44
vs PHS:CREC: 2.20
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.
Citicore Renewable Energy Price-to-Tangible-Book Related Terms
Citicore Renewable Energy Price-to-Tangible-Book Historical Data
* 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.
Citicore Renewable Energy Price-to-Tangible-Book Chart
Citicore Renewable Energy Price-to-Tangible-Book Competitor Comparison
For the Utilities - Renewable subindustry, Citicore Renewable 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.
Citicore Renewable Energy Price-to-Tangible-Book vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Citicore Renewable Energy's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Citicore Renewable Energy's Price-to-Tangible-Book falls into.
* 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.
Citicore Renewable Energy (PHS:CREC) has a Price-to-Tangible-Book of 2.21 as of Aug. 26, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Citicore Renewable Energy and its competitors. According to the industry distribution chart, Citicore Renewable Energy ranks #265 out of 411 companies in the Utilities - Independent Power Producers industry, placing it in the top 64.5%.
Is Citicore Renewable Energy's Price-to-Tangible-Book too high?
Citicore Renewable Energy's current Price-to-Tangible-Book is 2.21. The Utilities - Independent Power Producers industry median Price-to-Tangible-Book is 1.44. Citicore Renewable Energy's value of 2.21 is 53.5% above this industry median. Based on the distribution chart, Citicore Renewable Energy ranks #265 out of 411 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Citicore Renewable Energy has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Citicore Renewable Energy's Price-to-Tangible-Book compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Citicore Renewable Energy ranks #265 out of 411 companies for Price-to-Tangible-Book. This places Citicore Renewable Energy in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.44. Citicore Renewable Energy's value of 2.21 is 53.5% 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 Price-to-Tangible-Book for an Utilities - Independent Power Producers company?
The median Price-to-Tangible-Book among Utilities - Independent Power Producers companies is 1.44, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Citicore Renewable Energy's current Price-to-Tangible-Book of 2.21 is 53.5% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Citicore Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Price-to-Tangible-Book is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citicore Renewable Energy's current Price-to-Tangible-Book is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citicore Renewable Energy stock overvalued right now?
Citicore Renewable Energy (PHS:CREC) has a current Price-to-Tangible-Book of 2.21. The current Price-to-Tangible-Book is 2.21 and 53.5% above the Utilities - Independent Power Producers industry median of 1.44. Citicore Renewable Energy's overall GF Score™ is 3/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Citicore Renewable Energy (PHS:CREC), the current Price-to-Tangible-Book is 2.21 as of Aug. 26, 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.
Citicore Renewable Energy Corp is a company that manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development. The company also integrates solar power generation with agricultural crop production to provide positive energy, sustainable livelihood to small farmers, and assists with the country's food production needs.
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