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CNX (CNX Resources) PB Ratio : 1.23 (As of Oct. 31, 2024)


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What is CNX 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), CNX Resources's share price is $35.11. CNX Resources's Book Value per Share for the quarter that ended in Sep. 2024 was $28.52. Hence, CNX Resources's PB Ratio of today is 1.23.

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

CNX' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.77   Max: 1.76
Current: 1.23

During the past 13 years, CNX Resources's highest PB Ratio was 1.76. The lowest was 0.20. And the median was 0.77.

CNX's PB Ratio is ranked worse than
53.13% of 958 companies
in the Oil & Gas industry
Industry Median: 1.14 vs CNX: 1.23

During the past 12 months, CNX Resources's average Book Value Per Share Growth Rate was 15.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CNX Resources was 75.30% per year. The lowest was -13.40% per year. And the median was 11.25% per year.

Back to Basics: PB Ratio


CNX Resources PB Ratio Historical Data

The historical data trend for CNX 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.

CNX Resources PB Ratio Chart

CNX Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.54 0.76 0.98 0.71

CNX Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.91 0.71 0.84 0.87 1.14

Competitive Comparison of CNX Resources's PB Ratio

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


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

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

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



CNX 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=35.11/28.52
=1.23

* 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.


CNX Resources  (NYSE:CNX) 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.


CNX Resources PB Ratio Related Terms

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


CNX Resources Business Description

Traded in Other Exchanges
Address
1000 Horizon Vue Drive, CNX Center, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
Executives
Bernard Jr Lanigan director 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Navneet Behl officer: Chief Operating Officer 1000 HORIZON VUE DRIVE, CANONSBURG PA 15317
Robert Agbede director 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Hayley Scott officer: Chief Risk Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ravi Srivastava officer: Vice President, Green Ventures 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Alexander John Reyes officer: EVP, GC & Corp. Sec. CNX CENTER, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Donald W. Rush officer: EVP & Chief Financial Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Alan K Shepard officer: Vice President and CAO 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA 15317
N J Deiuliis director, officer: President and CEO 1800 WASHINGTON RD., PITTSBURGH PA 15421-4000
Stephanie L Gill officer: SVP, GC and Secretary C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Olayemi Akinkugbe officer: Chief Excellence Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ian R Mcguire director PO BOX 1526, ROSS CA 94957
J. Palmer Clarkson director 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Chad A Griffith officer: VP Commercial & VP Marketing 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Andrea D. Passman officer: Sr VP Engineering & Operations 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317