3R Petroleum Oleo E Gas (BSP:RRRP3) PB Ratio : 1.37 (As of May. 22, 2024)

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What is 3R Petroleum Oleo E Gas 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 (2024-05-22), 3R Petroleum Oleo E Gas's share price is R$30.09. 3R Petroleum Oleo E Gas's Book Value per Share for the quarter that ended in Mar. 2024 was R$21.96. Hence, 3R Petroleum Oleo E Gas's PB Ratio of today is 1.37.

The historical rank and industry rank for 3R Petroleum Oleo E Gas's PB Ratio or its related term are showing as below:

BSP:RRRP3' s PB Ratio Range Over the Past 10 Years
Min: 1.14 Med: 1.82 Max: 4.83
Current: 1.37

During the past 8 years, 3R Petroleum Oleo E Gas's highest PB Ratio was 4.83. The lowest was 1.14. And the median was 1.82.

BSP:RRRP3's PB Ratio is ranked worse than
54.25% of 988 companies
in the Oil & Gas industry
Industry Median: 1.26 vs BSP:RRRP3: 1.37

During the past 12 months, 3R Petroleum Oleo E Gas's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 33.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 71.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of 3R Petroleum Oleo E Gas was 111.20% per year. The lowest was 33.50% per year. And the median was 83.90% per year.

Back to Basics: PB Ratio

3R Petroleum Oleo E Gas PB Ratio Historical Data

The historical data trend for 3R Petroleum Oleo E Gas'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.

3R Petroleum Oleo E Gas PB Ratio Chart

3R Petroleum Oleo E Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.78

1.65

1.79

1.15

3R Petroleum Oleo E Gas Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.39	1.36	1.46	1.15	1.50

Competitive Comparison of 3R Petroleum Oleo E Gas's PB Ratio

For the Oil & Gas E&P subindustry, 3R Petroleum Oleo E Gas'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.

3R Petroleum Oleo E Gas's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, 3R Petroleum Oleo E Gas's PB Ratio distribution charts can be found below:

* The bar in red indicates where 3R Petroleum Oleo E Gas's PB Ratio falls into.

3R Petroleum Oleo E Gas 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.

3R Petroleum Oleo E Gas's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	30.09	/	21.96
	=	1.37

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

3R Petroleum Oleo E Gas (BSP:RRRP3) 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.

3R Petroleum Oleo E Gas PB Ratio Related Terms

Thank you for viewing the detailed overview of 3R Petroleum Oleo E Gas's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

3R Petroleum Oleo E Gas (BSP:RRRP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » 3R Petroleum Oleo E Gas SA (BSP:RRRP3) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Visconde de Ouro Preto, number 5, Sala 601, Botafogo, Rio de Janeiro, RJ, BRA

Website

https://ri.3rpetroleum.com.br

3R Petroleum Oleo E Gas SA is engaged in the oil and gas sector with a focus on redevelopment of mature production fields located on land. Its purpose is to explore, produce, and sell oil and its derivatives, natural gas, and other fluid hydrocarbons.

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