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Zefiro Methane (NEOE:ZEFI) PB Ratio : 12.90 (As of Jun. 08, 2024)


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What is Zefiro Methane 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 (2024-06-08), Zefiro Methane's share price is C$1.60. Zefiro Methane's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.12. Hence, Zefiro Methane's PB Ratio of today is 12.90.

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

NEOE:ZEFI' s PB Ratio Range Over the Past 10 Years
Min: 12.1   Med: 13.31   Max: 14.11
Current: 12.82

During the past 2 years, Zefiro Methane's highest PB Ratio was 14.11. The lowest was 12.10. And the median was 13.31.

NEOE:ZEFI's PB Ratio is ranked worse than
92.09% of 2579 companies
in the Software industry
Industry Median: 2.57 vs NEOE:ZEFI: 12.82

During the past 12 months, Zefiro Methane's average Book Value Per Share Growth Rate was 53.10% per year.

Back to Basics: PB Ratio


Zefiro Methane PB Ratio Historical Data

The historical data trend for Zefiro Methane'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.

Zefiro Methane PB Ratio Chart

Zefiro Methane Annual Data
Trend Jun22 Jun23
PB Ratio
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Zefiro Methane Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Zefiro Methane's PB Ratio

For the Information Technology Services subindustry, Zefiro Methane'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.


Zefiro Methane's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Zefiro Methane's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zefiro Methane's PB Ratio falls into.



Zefiro Methane 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.

Zefiro Methane's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1.60/0.124
=12.90

* 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.


Zefiro Methane  (NEOE:ZEFI) 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.


Zefiro Methane PB Ratio Related Terms

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


Zefiro Methane (NEOE:ZEFI) Business Description

Comparable Companies
Traded in Other Exchanges
Address
550 Burrard Street, Suite 2501, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Zefiro Methane Corp is in the business of providing end-of-life solutions for industrial oil and gas operations that currently or potentially emit harmful greenhouse gas (GHG) emissions, specifically methane released from orphaned and abandoned oil and gas wells or associated midstream assets. The Company seeks to generate carbon credits, which can then be sold into carbon credit markets, by reducing methane emissions through the plugging of orphaned and abandoned oil and gas wells.
Executives
Talal Debs Director, Senior Officer

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