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CIVI (Civitas Resources) PB Ratio : 0.73 (As of Oct. 31, 2024)


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What is Civitas Resources PB Ratio?

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 (2024-10-31), Civitas Resources's share price is $48.79. Civitas Resources's Book Value per Share for the quarter that ended in Jun. 2024 was $66.97. Hence, Civitas Resources's PB Ratio of today is 0.73.

Good Sign:

Civitas Resources Inc stock PB Ratio (=0.73) is close to 3-year low of 0.73

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

CIVI' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.88   Max: 1.48
Current: 0.73

During the past 9 years, Civitas Resources's highest PB Ratio was 1.48. The lowest was 0.22. And the median was 0.88.

CIVI's PB Ratio is ranked better than
72.23% of 958 companies
in the Oil & Gas industry
Industry Median: 1.14 vs CIVI: 0.73

During the past 12 months, Civitas Resources's average Book Value Per Share Growth Rate was 6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Civitas Resources was 267.20% per year. The lowest was 9.50% per year. And the median was 11.70% per year.

Back to Basics: PB Ratio


Civitas Resources PB Ratio Historical Data

The historical data trend for Civitas Resources'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.

* Premium members only.

Civitas Resources PB Ratio Chart

Civitas Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.52 0.39 0.89 0.92 1.04

Civitas Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.26 1.04 1.15 1.03

Competitive Comparison of Civitas Resources's PB Ratio

For the Oil & Gas E&P subindustry, Civitas Resources'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.


Civitas Resources's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Civitas Resources's PB Ratio falls into.



Civitas Resources 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.

Civitas Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=48.79/66.967
=0.73

* 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 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.


Civitas Resources  (NYSE:CIVI) 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.


Civitas Resources PB Ratio Related Terms

Thank you for viewing the detailed overview of Civitas Resources's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Civitas Resources Business Description

Traded in Other Exchanges
Address
555 17th Street, Suite 3700, Denver, CO, USA, 80202
Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.
Executives
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Jeffrey S Kelly officer: Chief Transformation Officer C/O CIVITAS RESOURCES, 555 17TH STREET, SUITE 3700, DENVER CO 80202
Kimmeridge Energy Management Company, Llc director, 10 percent owner, other: See Remarks 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Travis L Counts officer: Chief Legal Officer & Sec. 555 17TH STREET, SUITE 3700, DENVER CO 80202
Thomas Hodge Walker officer: Chief Operating Officer 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Van Kempen Wouter T. director 370 17TH STREET, SUITE 2500, DENVER CO 80202
Sandra Garbiso officer: Vice President and CAO 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
M. Christopher Doyle officer: President & CEO 555 - 17TH STREET, SUITE 3700, DENVER CO 80022
Brian Cain officer: Chief Sustainability Officer 410-17TH STREET, SUITE 1400, DENVER CO 80202
Dean Tinsley officer: SVP, Operations 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Brant Demuth officer: EVP & Chief Financial Officer 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Marter Iv Cyrus D officer: SVP, General Counsel & Secy. 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Morris R Clark director CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202