Strathcona Resources (TSX:SCR) Price-to-Tangible-Book : 1.23 (As of May. 14, 2024)

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

As of today (2024-05-14), Strathcona Resources's share price is C$30.51. Strathcona Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$24.87. Hence, Strathcona Resources's Price to Tangible Book Ratio of today is 1.23.

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

TSX:SCR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 0.86 Max: 1.23
Current: 1.23

During the past 2 years, Strathcona Resources's highest Price to Tangible Book Ratio was 1.23. The lowest was 0.86. And the median was 0.86.

TSX:SCR's Price-to-Tangible-Book is ranked better than
55.71% of 928 companies
in the Oil & Gas industry
Industry Median: 1.36 vs TSX:SCR: 1.23

A closely related ratio is called PB Ratio. As of today, Strathcona Resources's share price is C$30.51. Strathcona Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$24.87. Hence, Strathcona Resources's P/B Ratio of today is 1.23.

Strathcona Resources Price-to-Tangible-Book Historical Data

The historical data trend for Strathcona 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.

Strathcona Resources Price-to-Tangible-Book Chart

Strathcona Resources Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

0.86

Strathcona Resources Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Price-to-Tangible-Book	-	-	-	0.86

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

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

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

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

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

Strathcona Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	30.51	/	24.87
	=	1.23

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.

Strathcona Resources Price-to-Tangible-Book Related Terms

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

Strathcona Resources (TSX:SCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strathcona Resources Ltd (TSX:SCR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

STHRF:USA YE2:Germany

Address

421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9

Website

https://www.strathconaresources.com

Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.