GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nabors Energy Transition Corp II (NAS:NETD) » Definitions » Price-to-Tangible-Book

Nabors Energy Transition II (Nabors Energy Transition II) Price-to-Tangible-Book : 1.33 (As of May. 12, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Nabors Energy Transition II Price-to-Tangible-Book?

As of today (2024-05-12), Nabors Energy Transition II's share price is $10.58. Nabors Energy Transition II's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.97. Hence, Nabors Energy Transition II's Price to Tangible Book Ratio of today is 1.33.

The historical rank and industry rank for Nabors Energy Transition II's Price-to-Tangible-Book or its related term are showing as below:

NETD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3   Med: 1.3   Max: 1.35
Current: 1.35

During the past 1 years, Nabors Energy Transition II's highest Price to Tangible Book Ratio was 1.35. The lowest was 1.30. And the median was 1.30.

NETD's Price-to-Tangible-Book is ranked better than
66.73% of 505 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs NETD: 1.35

A closely related ratio is called PB Ratio. As of today, Nabors Energy Transition II's share price is $10.58. Nabors Energy Transition II's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.97. Hence, Nabors Energy Transition II's P/B Ratio of today is 1.33.

Nabors Energy Transition II Price-to-Tangible-Book Historical Data

The historical data trend for Nabors Energy Transition II'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.

Nabors Energy Transition II Price-to-Tangible-Book Chart

Nabors Energy Transition II Annual Data
Trend Dec23
Price-to-Tangible-Book
-

Nabors Energy Transition II Quarterly Data
Apr23 Sep23 Dec23
Price-to-Tangible-Book - 1.30 1.31

Competitive Comparison of Nabors Energy Transition II's Price-to-Tangible-Book

For the Shell Companies subindustry, Nabors Energy Transition II'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.

Nabors Energy Transition II's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Nabors Energy Transition II's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nabors Energy Transition II's Price-to-Tangible-Book falls into.


Nabors Energy Transition II Price-to-Tangible-Book Calculation

Nabors Energy Transition II's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=10.58/7.968
=1.33

* 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.

Nabors Energy Transition II Price-to-Tangible-Book Related Terms

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

Nabors Energy Transition II (Nabors Energy Transition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nabors Energy Transition Corp II (NAS:NETD) » Definitions » Price-to-Tangible-Book
Comparable Companies
CXAC NFNT APGB SLAM KCGI CCVI CNDA EMLD RRAC TRTL PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
515 West Greens Road, Suite 1200, Houston, TX, USA, 77067
Website
https://www.nabors-etcorp.com
Nabors Energy Transition Corp II is a blank check company.
Executives
Anthony G Petrello director, 10 percent owner, officer: President, CEO and Secretary NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067
William J Restrepo officer: Chief Financial Officer P.O. BOX 60068, HOUSTON TX 77205-0068
Guillermo Sierra officer: VP, Energy Transition C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Calhoun Colleen director 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Lux 2 S.a.r.l. 10 percent owner 8-10 AVENUE DE LA GARE, LUXEMBOURG CITY N4 L-1610
Nabors Energy Transition Sponsor Ii Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Greens Road Energy Ii Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Stephen M. Trauber director 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067