Kingsland Energy (TSXV:KLE.H) PB Ratio : 10.00 (As of May. 18, 2024)

Kingsland Energy PB Ratio Chart

Kingsland Energy Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
PB Ratio		Get a 7-Day Free Trial					-	-	-	5.00	13.00

Kingsland Energy Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
PB Ratio	Get a 7-Day Free Trial															14.58	37.50	8.33	13.00	13.33

Competitive Comparison of Kingsland Energy's PB Ratio

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

Kingsland Energy's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Kingsland Energy's PB Ratio falls into.

Kingsland Energy 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.

Kingsland Energy's PB Ratio for today is calculated as follows:

* 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.

Kingsland Energy  (TSXV:KLE.H) 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.

Kingsland Energy PB Ratio Related Terms

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Kingsland Energy (TSXV:KLE.H) Business Description