As of today (2024-05-07), DT Midstream's share price is $64.06. DT Midstream's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $17.92. Hence, DT Midstream's Price to Tangible Book Ratio of today is 3.58.
The historical rank and industry rank for DT Midstream's Price-to-Tangible-Book or its related term are showing as below:
DTM'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3 Med: 3.41 Max: 3.89
Current: 3.57
During the past 6 years, DT Midstream's highest Price to Tangible Book Ratio was 3.89. The lowest was 3.00. And the median was 3.41.
DTM's Price-to-Tangible-Book is ranked worse than 84.95% of 930
companies
in the Oil & Gas industry
Industry Median: 1.34
vs DTM: 3.57
DT Midstream Price-to-Tangible-Book Historical Data
The historical data trend for DT Midstream'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 DT Midstream's Price-to-Tangible-Book
For the Oil & Gas Midstream subindustry, DT Midstream'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.
DT Midstream's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DT Midstream's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where DT Midstream's Price-to-Tangible-Book falls into.
DT Midstream Price-to-Tangible-Book Calculation
DT Midstream'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.
DT Midstream Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of DT Midstream's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates revenue from pipeline, storage, and gathering systems, substantially all of which are located in the Midwestern U.S., Eastern Canada, Northeastern U.S., and Gulf Coast regions.
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