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Claren Energy (TSXV:CEN.H) Price-to-Tangible-Book : (As of Jun. 05, 2024)


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

As of today (2024-06-05), Claren Energy's share price is C$0.025. Claren Energy's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$-0.02. Hence, Claren Energy's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Claren Energy's highest Price to Tangible Book Ratio was 3.23. The lowest was 0.58. And the median was 1.59.

TSXV:CEN.H's Price-to-Tangible-Book is not ranked *
in the Oil & Gas industry.
Industry Median: 1.33
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Claren Energy's share price is C$0.025. Claren Energy's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$-0.02. Hence, Claren Energy's P/B Ratio of today is .


Claren Energy Price-to-Tangible-Book Historical Data

The historical data trend for Claren 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.

Claren Energy Price-to-Tangible-Book Chart

Claren Energy Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
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Claren Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Claren Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Claren 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.


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

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

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



Claren Energy Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.025/-0.017
=

* 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.


Claren Energy Price-to-Tangible-Book Related Terms

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


Claren Energy (TSXV:CEN.H) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Claren Energy Corp is a Canada-based company that is principally engaged in the business is the acquisition and exploration of petroleum and natural gas properties. Geographically, the company operates within Canada and Romania. It generates majority of its revenue from Canada.

Claren Energy (TSXV:CEN.H) Headlines

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