The historical rank and industry rank for Westlake Chemical Partners LP's Price-to-Tangible-Book or its related term are showing as below:
WLKP'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.91 Med: 3.38 Max: 10.09
Current: 2.85
During the past 13 years, Westlake Chemical Partners LP's highest Price to Tangible Book Ratio was 10.09. The lowest was 1.91. And the median was 3.38.
WLKP's Price-to-Tangible-Book is ranked worse than 67.94% of 1488
companies
in the Chemicals industry
Industry Median: 1.85
vs WLKP: 2.85
* 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.
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Westlake Chemical Partners LP Price-to-Tangible-Book Chart
Competitive Comparison of Westlake Chemical Partners LP's Price-to-Tangible-Book
For the Chemicals subindustry, Westlake Chemical Partners LP'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.
Westlake Chemical Partners LP's Price-to-Tangible-Book Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Westlake Chemical Partners LP's Price-to-Tangible-Book falls into.
Westlake Chemical Partners LP Price-to-Tangible-Book Calculation
* 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.
Westlake Chemical Partners LP Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Westlake Chemical Partners LP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Westlake Chemical Partners LP (Westlake Chemical Partners LP) Business Description
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develop ethyelene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
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