Meren Energy Inc
F:AFZ0
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.9), the stock would be worth €0.98 (36% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.5 | €1.52 |
0%
|
| 3-Year Average | 0.9 | €0.98 |
-36%
|
| 5-Year Average | 0.9 | €0.9 |
-41%
|
| Industry Average | 1.7 | €1.72 |
+13%
|
| Country Average | 2.7 | €2.77 |
+82%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
M
|
Meren Energy Inc
F:AFZ0
|
1B EUR | 1.5 | -35.4 | |
| CN |
C
|
CNOOC Ltd
SSE:600938
|
1.1T CNY | 1.4 | 8.8 | |
| US |
|
Conocophillips
NYSE:COP
|
149.1B USD | 2.3 | 18.7 | |
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
126.3B CAD | 2.8 | 11.6 | |
| US |
|
EOG Resources Inc
NYSE:EOG
|
71.6B USD | 2.4 | 14.4 | |
| PK |
O
|
Oil and Gas Development Co Ltd
LSE:37OC
|
59.6B USD | 12 | 103.8 | |
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
55.9B USD | 1.5 | 33.8 | |
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD | 4 | 20.7 | |
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD | 2 | 9.4 | |
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
61.1B AUD | 1.2 | 15.3 | |
| US |
V
|
Venture Global Inc
NYSE:VG
|
38.5B USD | 3.6 | 13.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Meren Energy Inc
Glance View
Meren Energy, Inc. is an oil and gas company, which engages in the acquisition, exploration, development, and production associated with oil and gas assets. The company is headquartered in Vancouver, British Columbia and currently employs 25 full-time employees. Its main assets are producing and developing assets in deepwater Nigeria operated by Majors. The firm holds a position in the Orange Basin, including its interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa. The company has a direct interest in producing assets in Nigeria's deepwater Niger Delta Basin. The main assets of the Company are a direct 8% WI in PML 52 and a direct 32% WI in PMLs 2, 3 and 4 as well as PPL 261. PML 52 is operated by affiliates of Chevron and covers part of the producing Agbami field. The company has indirect interests in Block 2912 and Block 2913B through a 39.5% shareholding in its investee company, Impact Oil & Gas Limited. The firm holds 80% operating interests in each block, EG-18 and EG-31. The company holds a direct non-operated 18.0% interest in Block 3B/4B.
