Latest P/B ratio for Centennial Resource Development: 0.59 — see history and peer comparisons.
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The Price-to-Book ratio compares a company's market value to its book value. A lower P/B ratio may suggest that the stock is undervalued relative to its assets.
As of the most recent data, CDEV shows a P/B ratio of 0.59. That is below the Energy sector average of 2.5. Scroll down for historical charts and peer comparison views.
The Energy sector average P/B ratio is about 2.5. Centennial Resource Development is at 0.59, which is lower that average. That is roughly 76.5% below the sector mean. Use the comparison chart on this page to see how CDEV stacks up against individual peers as well.
Investors watch CDEV's P/B ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Centennial Resource Development's latest reading is 0.59. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this price-to-book ratio page, Stockcircle has Centennial Resource Development's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/B ratio (currently 0.59) with ownership activity and broader fundamentals.
The Energy average P/B ratio is about 2.5, while CDEV is at 0.59. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.