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Metgasco Ltd
ASX:MEL

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Metgasco Ltd
ASX:MEL
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Price: 0.014 AUD Market Closed
Market Cap: AU$514.4k

P/B

-0.1
Current
44%
Cheaper
vs 3-y average of -0.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.1
=
Market Cap
AU$771.6k
/
Total Equity
AU$-5.2m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.1
=
Market Cap
AU$771.6k
/
Total Equity
AU$-5.2m

Valuation Scenarios

Metgasco Ltd is trading above its 5-year average

If P/B returns to its 5-Year Average (1.1), the stock would be worth AU$-0.16 (1 246% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-2 804%
Maximum Upside
No Upside Scenarios
Average Downside
1 896%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple -0.1 AU$0.01
0%
5-Year Average 1.1 AU$-0.16
-1 246%
Industry Average 1.5 AU$-0.22
-1 640%
Country Average 2.7 AU$-0.38
-2 804%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 2 062 companies
0th percentile
-0.1
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Metgasco Ltd
Glance View

Market Cap
514.4k AUD
Industry
Energy

Metgasco Ltd. engages in the oil and gas exploration. The company is headquartered in Perth, Western Australia. The company went IPO on 2004-12-23. The firm's principal activities include oil and gas exploration, appraisal, development, and investment in and development of associated energy infrastructure. The firm holds interests in four tenements ATP2020, ATP2021, PRL211 and PRL237. The ATP2020 license is approximately 535 square kilometers in area.

MEL Intrinsic Value
0.123 AUD
Undervaluation 89%
Intrinsic Value
Price AU$0.014
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