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Source Rock Royalties (Source Rock Royalties) Price-to-Tangible-Book : 1.36 (As of May. 23, 2024)


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What is Source Rock Royalties Price-to-Tangible-Book?

As of today (2024-05-23), Source Rock Royalties's share price is $0.5963. Source Rock Royalties's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.44. Hence, Source Rock Royalties's Price to Tangible Book Ratio of today is 1.36.

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

SRRRF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.25   Med: 1.33   Max: 1.5
Current: 1.49

During the past 4 years, Source Rock Royalties's highest Price to Tangible Book Ratio was 1.50. The lowest was 1.25. And the median was 1.33.

SRRRF's Price-to-Tangible-Book is ranked worse than
53.62% of 925 companies
in the Oil & Gas industry
Industry Median: 1.33 vs SRRRF: 1.49

A closely related ratio is called PB Ratio. As of today, Source Rock Royalties's share price is $0.5963. Source Rock Royalties's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.44. Hence, Source Rock Royalties's P/B Ratio of today is 1.35.


Source Rock Royalties Price-to-Tangible-Book Historical Data

The historical data trend for Source Rock Royalties'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.

Source Rock Royalties Price-to-Tangible-Book Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 1.36

Source Rock Royalties Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 1.36

Competitive Comparison of Source Rock Royalties's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Source Rock Royalties's Price-to-Tangible-Book falls into.



Source Rock Royalties Price-to-Tangible-Book Calculation

Source Rock Royalties's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.5963/0.438
=1.36

* 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.


Source Rock Royalties Price-to-Tangible-Book Related Terms

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


Source Rock Royalties (Source Rock Royalties) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.

Source Rock Royalties (Source Rock Royalties) Headlines