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Source Rock Royalties (Source Rock Royalties) PB Ratio : 1.35 (As of May. 25, 2024)


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What is Source Rock Royalties 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 (2024-05-25), Source Rock Royalties's share price is $0.5963. Source Rock Royalties's Book Value per Share for the quarter that ended in Dec. 2023 was $0.44. Hence, Source Rock Royalties's PB Ratio of today is 1.35.

The historical rank and industry rank for Source Rock Royalties's PB Ratio or its related term are showing as below:

SRRRF' s PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.35   Max: 2.73
Current: 1.48

During the past 4 years, Source Rock Royalties's highest PB Ratio was 2.73. The lowest was 1.10. And the median was 1.35.

SRRRF's PB Ratio is ranked worse than
58.87% of 987 companies
in the Oil & Gas industry
Industry Median: 1.24 vs SRRRF: 1.48

During the past 12 months, Source Rock Royalties's average Book Value Per Share Growth Rate was -2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Source Rock Royalties was 17.70% per year. The lowest was 17.70% per year. And the median was 17.70% per year.

Back to Basics: PB Ratio


Source Rock Royalties PB Ratio Historical Data

The historical data trend for Source Rock Royalties'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.

Source Rock Royalties PB Ratio Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 1.35

Source Rock Royalties Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 1.35

Competitive Comparison of Source Rock Royalties's PB Ratio

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Source Rock Royalties's PB Ratio falls into.



Source Rock Royalties 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.

Source Rock Royalties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.5963/0.443
=1.35

* 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.


Source Rock Royalties  (GREY:SRRRF) 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.


Source Rock Royalties PB Ratio Related Terms

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Source Rock Royalties (Source Rock Royalties) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.

Source Rock Royalties (Source Rock Royalties) Headlines