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Euronav NV (Euronav NV) Price-to-Tangible-Book : 1.45 (As of Apr. 28, 2024)


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What is Euronav NV Price-to-Tangible-Book?

As of today (2024-04-28), Euronav NV's share price is $16.85. Euronav NV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.59. Hence, Euronav NV's Price to Tangible Book Ratio of today is 1.45.

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

EURN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 1.03   Max: 1.55
Current: 1.49

During the past 13 years, Euronav NV's highest Price to Tangible Book Ratio was 1.55. The lowest was 0.67. And the median was 1.03.

EURN's Price-to-Tangible-Book is ranked worse than
54.64% of 926 companies
in the Oil & Gas industry
Industry Median: 1.32 vs EURN: 1.49

A closely related ratio is called PB Ratio. As of today, Euronav NV's share price is $16.85. Euronav NV's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.66. Hence, Euronav NV's P/B Ratio of today is 1.45.


Euronav NV Price-to-Tangible-Book Historical Data

The historical data trend for Euronav NV'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.

Euronav NV Price-to-Tangible-Book Chart

Euronav NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.70 0.91 1.59 1.52

Euronav NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.46 1.45 1.60 1.52

Competitive Comparison of Euronav NV's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Euronav NV'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.


Euronav NV's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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



Euronav NV Price-to-Tangible-Book Calculation

Euronav NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=16.85/11.586
=1.45

* 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.


Euronav NV Price-to-Tangible-Book Related Terms

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


Euronav NV (Euronav NV) Business Description

Industry
Traded in Other Exchanges
Address
De Gerlachekaai 20, Antwerpen, BEL, B-2000
Euronav NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. The company organises itself into two segments: tankers and floating storage and offloading activities, or FSO. The tankers segment, which generates the majority of revenue, operates crude oil tankers on international markets. The FSO segment conducts floating production, floating storage, and offloading operations for crude oil and petroleum products.