As of today (2024-04-27), NextDecade's share price is $6.40. NextDecade's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.12. Hence, NextDecade's Price to Tangible Book Ratio of today is 5.70.
The historical rank and industry rank for NextDecade's Price-to-Tangible-Book or its related term are showing as below:
NEXT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31 Med: 5.6 Max: 17.27
Current: 5.71
During the past 10 years, NextDecade's highest Price to Tangible Book Ratio was 17.27. The lowest was 1.31. And the median was 5.60.
NEXT's Price-to-Tangible-Book is ranked worse than 91.58% of 926
companies
in the Oil & Gas industry
Industry Median: 1.32
vs NEXT: 5.71
The historical data trend for NextDecade'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 NextDecade's Price-to-Tangible-Book
For the Oil & Gas E&P subindustry, NextDecade'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.
NextDecade's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NextDecade's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where NextDecade's Price-to-Tangible-Book falls into.
NextDecade Price-to-Tangible-Book Calculation
NextDecade's price-to-tangible-book ratio for today is calculated as:
* 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.
NextDecade Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of NextDecade's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
NextDecade Corp is a development and management company. It focuses on land-based and floating LNG projects, creating opportunities in the integrated natural gas industry. NextDecade provides a number of services depending on the individual needs of the customer. These include the supply and trade of LNG volumes, the creation of new natural gas infrastructure including pipeline and natural gas liquefaction facilities, treatment and processing of natural gas into LNG, as well as technical engineering and design services related to the development and execution of natural gas infrastructure, transporting, shipping and storage of LNG. All the operation generally function through the region of Texas, U.S.
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