Eurasia Drilling Co (LSE:EDCL) Price-to-Tangible-Book : 1.38 (As of May. 14, 2024)

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What is Eurasia Drilling Co Price-to-Tangible-Book?

As of today (2024-05-14), Eurasia Drilling Co's share price is $11.55. Eurasia Drilling Co's Tangible Book per Share of Jun. 2015 for the quarter that ended in Jun. 2015 was $8.35. Hence, Eurasia Drilling Co's Price to Tangible Book Ratio of today is 1.38.

The historical rank and industry rank for Eurasia Drilling Co's Price-to-Tangible-Book or its related term are showing as below:

LSE:EDCL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38 Med: 3.36 Max: 6.93
Current: 1.38

During the past 9 years, Eurasia Drilling Co's highest Price to Tangible Book Ratio was 6.93. The lowest was 1.38. And the median was 3.36.

LSE:EDCL's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.36 vs LSE:EDCL: 1.38

A closely related ratio is called PB Ratio. As of today, Eurasia Drilling Co's share price is $11.55. Eurasia Drilling Co's Book Value per Sharefor the quarter that ended in Jun. 2015 was $8.95. Hence, Eurasia Drilling Co's P/B Ratio of today is 1.29.

Eurasia Drilling Co Price-to-Tangible-Book Historical Data

The historical data trend for Eurasia Drilling Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eurasia Drilling Co Price-to-Tangible-Book Chart

Eurasia Drilling Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Price-to-Tangible-Book

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6.93

2.88

3.37

3.86

2.34

Eurasia Drilling Co Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Price-to-Tangible-Book	Get a 7-Day Free Trial								3.36	3.86	2.53	2.34	1.97

Competitive Comparison of Eurasia Drilling Co's Price-to-Tangible-Book

For the Oil & Gas Drilling subindustry, Eurasia Drilling Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eurasia Drilling Co's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eurasia Drilling Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Eurasia Drilling Co's Price-to-Tangible-Book falls into.

Eurasia Drilling Co Price-to-Tangible-Book Calculation

Eurasia Drilling Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2015 )
	=	11.55	/	8.352
	=	1.38

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Eurasia Drilling Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Eurasia Drilling Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Eurasia Drilling Co (LSE:EDCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eurasia Drilling Co Ltd (LSE:EDCL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.eurasiadrilling.com

Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.

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