Credo Petroleum Corporation (CRED)

10.90 +0.00  +0.00%  May 25, 11:00PM Go Pro
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Credo Petroleum Corporation Price / Book Value: 2.150

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CRED Price / Book Value Rankings

Overall 32nd percentile 2849 of 4243
Sector 29th percentile 354 of 499 in Basic Materials
Industry 27th percentile 66 of 91 in Independent Oil & Gas

CRED Price / Book Value Range, Past 5 Years

Minimum 1.480 Oct 2008
Maximum 2.797 Jul 2009
Average 2.083

About Price to Book Ratio

The price to book value is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value (not market value). In other words, book value is the company's total tangible assets less its total liabilities.

The ratio has two calculation methods. In the first way, the company's market capitalization is divided by the company's total book value from its balance sheet. The second way, using per-share values, is to divide the company's current share price by the book value per share. In general, a low price to book value indicates that a stock is undervalued and thus more desirable.

In theory, if you purchased stock with a price to book value less than 1 and the company immediately went bankrupt, you would gain money on your investment. In reality, this may not be true since there are times when liquidation value, or the price at which a company's assets can be sold, is less than the book value of those assets.
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CRED News

$CRED filed latest Quarterly Report http://stks.co/2pSW
about 76 days ago by MarketBrief
$CRED filed latest Quarterly Report http://stks.co/2nej
about 77 days ago by MarketBrief
$CRED Michael Davis Appointed Chief Operating Officer and Interim Chief Executive Officer
about 131 days ago by Benzinga
$CRED filed latest Annual Report http://stks.co/1xGE
about 132 days ago by MarketBrief
Small Oil Companies Making the Best of the Bakken http://stks.co/33Z $AXAS $CRED $USEG
about 271 days ago by TurnKeyOil
$CRED http://chart.ly/m6c9jba Moved out of wedge formation yesterday. Stopped right at early Feb. highs.
about 459 days ago by TheEquitiesRoom
Small cap energy plays on today&#39;s radar w/ decent charts: $MILL $HNR $HERO $PKD $PSTR $WRES $AXAS $CXPO $CPE $EGY $GTE $PQ $CRED
about 459 days ago by TheEquitiesRoom
$cred publishes bakken well results, stock up 4%
about 831 days ago by lordezar

Recent Quotes

Symbol Price Chg Chg % Market Cap
CRED 10.90 +0.00 +0.00% 109.44M
CRDC 1.82 +0.02 +1.11% 66.01M
CRDA 3.31 +0.04 +1.22% 178.04M
CRD.B 3.56 +0.04 +1.14% 179.92M
CRC 1.24 +0.09 +7.82% 7.961M
CRBQ 40.28 -0.33 -0.80%
CRBC 16.22 +0.14 +0.87% 649.61M
CRAY 10.70 +0.02 +0.19% 393.55M
CR 38.50 -0.30 -0.77% 2.236B
COST 84.48 +0.00 +0.00% 36.74B
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