Obsidian Energy Ltd
TSX:OBE
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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 (0.4), the stock would be worth CA$9.36 (49% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.9 | CA$18.48 |
0%
|
| 3-Year Average | 0.4 | CA$9.36 |
-49%
|
| 5-Year Average | 0.5 | CA$9.77 |
-47%
|
| Industry Average | 1.7 | CA$35.11 |
+90%
|
| Country Average | 2.7 | CA$56.58 |
+206%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Obsidian Energy Ltd
TSX:OBE
|
1.2B CAD | 0.9 | 34.6 | |
| CN |
C
|
CNOOC Ltd
SSE:600938
|
1T CNY | 1.3 | 8.6 | |
| US |
|
Conocophillips
NYSE:COP
|
149.2B USD | 2.3 | 18.7 | |
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
129.5B CAD | 2.8 | 11.5 | |
| 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
|
55.4B USD | 1.5 | 33.5 | |
| 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
|
62B AUD | 1.2 | 15.4 | |
| US |
V
|
Venture Global Inc
NYSE:VG
|
38.5B USD | 3.5 | 13 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Obsidian Energy Ltd
Glance View
Obsidian Energy Ltd. is an exploration and production company. The company is headquartered in Calgary, Alberta and currently employs 173 full-time employees. The firm operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. The firm operates a portfolio of opportunities with an oil position in the Cardium, Peace River and Viking areas of Alberta. Its Cardium development play is located in West Central Alberta and extends over 300 kilometers from Calgary to Grande Prairie, Alberta. The Viking development area is located in Eastern Alberta along the Alberta/Saskatchewan border. The Peace River development area is a heavy oil play located in Northwestern Alberta.