As of today (2024-04-25), Permian Resources's share price is $17.27. Permian Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.72. Hence, Permian Resources's Price to Tangible Book Ratio of today is 1.47.
The historical rank and industry rank for Permian Resources's Price-to-Tangible-Book or its related term are showing as below:
PR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.16 Med: 0.93 Max: 1.82
Current: 1.47
During the past 10 years, Permian Resources's highest Price to Tangible Book Ratio was 1.82. The lowest was 0.16. And the median was 0.93.
PR's Price-to-Tangible-Book is ranked worse than 54.43% of 926
companies
in the Oil & Gas industry
Industry Median: 1.31
vs PR: 1.47
A closely related ratio is called PB Ratio. As of today, Permian Resources's share price is $17.27. Permian Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.72. Hence, Permian Resources's P/B Ratio of today is 1.47.
Permian Resources Price-to-Tangible-Book Historical Data
The historical data trend for Permian Resources'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.
Competitive Comparison of Permian Resources's Price-to-Tangible-Book
For the Oil & Gas E&P subindustry, Permian Resources'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.
Permian Resources's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Permian Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Permian Resources's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
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.
Permian Resources Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Permian Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Permian Resources (Permian Resources) Business Description
Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PR has been successfully added to your 