As of today (2024-05-04), Archrock's share price is $20.21. Archrock's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $5.46. Hence, Archrock's Price to Tangible Book Ratio of today is 3.70.
The historical rank and industry rank for Archrock's Price-to-Tangible-Book or its related term are showing as below:
AROC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47 Med: 1.41 Max: 3.7
Current: 3.7
During the past 13 years, Archrock's highest Price to Tangible Book Ratio was 3.70. The lowest was 0.47. And the median was 1.41.
AROC's Price-to-Tangible-Book is ranked worse than 85.7% of 930
companies
in the Oil & Gas industry
Industry Median: 1.32
vs AROC: 3.70
A closely related ratio is called PB Ratio. As of today, Archrock's share price is $20.21. Archrock's Book Value per Sharefor the quarter that ended in Mar. 2024 was $5.64. Hence, Archrock's P/B Ratio of today is 3.58.
Archrock Price-to-Tangible-Book Historical Data
The historical data trend for Archrock'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 Archrock's Price-to-Tangible-Book
For the Oil & Gas Equipment & Services subindustry, Archrock'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.
Archrock's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Archrock's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Archrock's Price-to-Tangible-Book falls into.
Archrock Price-to-Tangible-Book Calculation
Archrock'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.
Archrock Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Archrock's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AROC has been successfully added to your 