Tamboran Resources (ASX:TBN) Price-to-Tangible-Book : 1.11 (As of May. 10, 2024)

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What is Tamboran Resources Price-to-Tangible-Book?

As of today (2024-05-10), Tamboran Resources's share price is A$0.19. Tamboran Resources's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was A$0.17. Hence, Tamboran Resources's Price to Tangible Book Ratio of today is 1.11.

The historical rank and industry rank for Tamboran Resources's Price-to-Tangible-Book or its related term are showing as below:

ASX:TBN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.05 Med: 1.25 Max: 1.31
Current: 1.27

During the past 2 years, Tamboran Resources's highest Price to Tangible Book Ratio was 1.31. The lowest was 1.05. And the median was 1.25.

ASX:TBN's Price-to-Tangible-Book is ranked better than
61.96% of 928 companies
in the Oil & Gas industry
Industry Median: 1.375 vs ASX:TBN: 1.27

A closely related ratio is called PB Ratio. As of today, Tamboran Resources's share price is A$0.19. Tamboran Resources's Book Value per Sharefor the quarter that ended in Dec. 2022 was A$0.17. Hence, Tamboran Resources's P/B Ratio of today is 1.11.

Tamboran Resources Price-to-Tangible-Book Historical Data

The historical data trend for Tamboran 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.

* Premium members only.

Tamboran Resources Price-to-Tangible-Book Chart

Tamboran Resources Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

1.31

1.18

Tamboran Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	-	2.17	1.31	1.40	1.18

Competitive Comparison of Tamboran Resources's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Tamboran 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.

Tamboran Resources's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tamboran Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tamboran Resources's Price-to-Tangible-Book falls into.

Tamboran Resources Price-to-Tangible-Book Calculation

Tamboran Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	0.19	/	0.171
	=	1.11

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.

Tamboran Resources Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tamboran Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Tamboran Resources (ASX:TBN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TBNRF:USA

Address

110-112 The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.tamboran.com

Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.

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