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As of today, Newfield Exploration Co's share price is $29.78. Newfield Exploration Co's Tangible Book Value per Share of Sep. 2014 for the quarter that ended in Sep. 2014 was $25.69. Hence, Newfield Exploration Co's Price to Tangible Book Ratio of today is 1.16.
During the past 13 years, Newfield Exploration Co's highest Price to Tangible Book Ratio was 4.17. The lowest was 0.80. And the median was 2.18.
A closely related ratio is called P/B Ratio. As of today, Newfield Exploration Co's share price is $29.78. Newfield Exploration Co's Book Value per Share for the quarter that ended in Sep. 2014 was $25.69. Hence, Newfield Exploration Co's P/B Ratio of today is 1.16.
Newfield Exploration Co's price-to-tangible-book ratio for today is calculated as:
|Price to Tangible Book||=||Share Price||/||Tangible Book Value per Share (Q: Sep. 2014 )|
It can also be calculated from the numbers for the whole company:
|Price to Tangible Book||=||Market Cap||/||Tangible Equity|
|=||Market Cap||/||(Total Equity||-||Preferred Stock||-||Intangibles)|
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.
Newfield Exploration Co Annual Data
Newfield Exploration Co Quarterly Data