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As of today (2024-03-29), Energy Transfer LP's share price is $15.73. Energy Transfer LP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.85. Hence, Energy Transfer LP's Price to Tangible Book Ratio of today is 2.00.
The historical rank and industry rank for Energy Transfer LP's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Energy Transfer LP's highest Price to Tangible Book Ratio was 3.58. The lowest was 1.11. And the median was 1.69.
A closely related ratio is called PB Ratio. As of today, Energy Transfer LP's share price is $15.73. Energy Transfer LP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.89. Hence, Energy Transfer LP's P/B Ratio of today is 1.44.
The historical data trend for Energy Transfer LP'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.
For the Oil & Gas Midstream subindustry, Energy Transfer LP'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.
For the Oil & Gas industry and Energy sector, Energy Transfer LP's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's Price-to-Tangible-Book falls into.
Energy Transfer LP's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Dec. 2023 ) |
= | 15.73 | / | 7.847 | |
= | 2.00 |
* 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:
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.
Thank you for viewing the detailed overview of Energy Transfer LP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Mccrea Marshall S Iii | director, officer: See Remarks | |
Thomas P Mason | officer: EVP and General Counsel | 3738 OAK LAWN AVE, DALLAS TX 75219 |
Bradford D. Whitehurst | officer: CFO | 100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701 |
Kelcy L Warren | director, 10 percent owner | |
Richard D Brannon | director | C/O CH4 ENERGY SIX, LLC, 5128 APACHE PLUME ROAD, SUITE 300, FORT WORTH TX 76109 |
James M. Wright | officer: EVP, GC & CCO | 1300 MAIN STREET, HOUSTON TX 77002 |
Dylan Bramhall | officer: EVP & Group CFO | 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225 |
Michael K Grimm | director | 3141 HOOD STREET, SUITE 350, DALLAS TX 75219 |
Thomas E Long | officer: Chief Financial Officer | 370 17TH STREET, SUITE 2775, DENVER CO 80202 |
Matthew S. Ramsey | director | 6002 DEERWOOD, HOUSTON TX 77057 |
Ray C Davis | director | 5950 SHERRY LANE, SUITE 550, DALLAS TX 75225 |
Ray W Washburne | director | 47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205 |
James Richard Perry | director | 1108 LAVACA, SUITE 110 #143, AUSTIN TX 78701 |
Troy Sturrock | officer: SVP & Controller | 1039 NORTH OAK CLIFF BOULEVARD, DALLAS TX 75208 |
Steven R. Anderson | director | 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103 |
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