Topaz Energy Corp. operates as a royalty and energy infrastructure company. It operates in Royalty Production and Infrastructure segments. The company holds gross overriding royalty interests on approximately 5.3 million gross acres of developed and undeveloped lands. It is also involved in the natural gas processing and water management infrastructure activities. The company was formerly known as Exshaw Oil Corp. and changed its name to Topaz Energy Corp. in November 2019. Topaz Energy Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.
P/B ratio for Topaz Energy Corp. (TPZ.TO)
P/B ratio as of 2023: 2.25
According to Topaz Energy Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.25. At the end of 2022 the company had a P/B ratio of 2.21.
P/B ratio history for Topaz Energy Corp. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.25 |
| 2022 | 2.21 |
| 2021 | 1.67 |
| 2020 | 1.52 |
| 2019 | 1.71 |