Reconnaissance Energy Africa (TSXV:RECO) Price-to-Tangible-Book : 1.88 (As of May. 25, 2024)

Reconnaissance Energy Africa Price-to-Tangible-Book Chart

Reconnaissance Energy Africa Annual Data
	Trend	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Dec20
Price-to-Tangible-Book		Get a 7-Day Free Trial					10.00	14.29	14.12	6.19	8.54

Reconnaissance Energy Africa Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															8.61	8.91	3.57	3.67	1.62

Competitive Comparison of Reconnaissance Energy Africa's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.

Reconnaissance Energy Africa's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Reconnaissance Energy Africa's Price-to-Tangible-Book falls into.

Reconnaissance Energy Africa Price-to-Tangible-Book Calculation

Reconnaissance Energy Africa'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.

Reconnaissance Energy Africa Price-to-Tangible-Book Related Terms

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

Reconnaissance Energy Africa (TSXV:RECO) Business Description