As of today (2024-04-18), Marathon Petroleum's share price is $194.70. Marathon Petroleum's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $43.91. Hence, Marathon Petroleum's Price to Tangible Book Ratio of today is 4.43.
The historical rank and industry rank for Marathon Petroleum's Price-to-Tangible-Book or its related term are showing as below:
MPC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.93 Med: 2.69 Max: 4.61
Current: 4.43
During the past 13 years, Marathon Petroleum's highest Price to Tangible Book Ratio was 4.61. The lowest was 1.93. And the median was 2.69.
MPC's Price-to-Tangible-Book is ranked worse than 89.55% of 928
companies
in the Oil & Gas industry
Industry Median: 1.31
vs MPC: 4.43
A closely related ratio is called PB Ratio. As of today, Marathon Petroleum's share price is $194.70. Marathon Petroleum's Book Value per Sharefor the quarter that ended in Dec. 2023 was $66.32. Hence, Marathon Petroleum's P/B Ratio of today is 2.94.
Marathon Petroleum Price-to-Tangible-Book Historical Data
The historical data trend for Marathon Petroleum'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.
Marathon Petroleum Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
2.17
1.93
2.06
2.71
3.38
Marathon Petroleum Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
2.71
3.11
2.70
3.32
3.38
Competitive Comparison
For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum'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.
Marathon Petroleum Price-to-Tangible-Book Distribution
For the Oil & Gas industry and Energy sector, Marathon Petroleum's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Marathon Petroleum'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.
Marathon Petroleum Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Marathon Petroleum's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Marathon Petroleum (Marathon Petroleum) Business Description
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
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