Energy Transfer Operating LP (Energy Transfer Operating LP) Price-to-Tangible-Book : 1.50 (As of Apr. 25, 2024)

View and export this data going back to 1992. Start your Free Trial

What is Energy Transfer Operating LP Price-to-Tangible-Book?

As of today (2024-04-25), Energy Transfer Operating LP's share price is $21.47. Energy Transfer Operating LP's Tangible Book per Share of Dec. 2020 for the quarter that ended in Dec. 2020 was $14.33. Hence, Energy Transfer Operating LP's Price to Tangible Book Ratio of today is 1.50.

The historical rank and industry rank for Energy Transfer Operating LP's Price-to-Tangible-Book or its related term are showing as below:

ETP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5 Med: 2.53 Max: 6.21
Current: 1.5

During the past 13 years, Energy Transfer Operating LP's highest Price to Tangible Book Ratio was 6.21. The lowest was 1.50. And the median was 2.53.

ETP's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.31 vs ETP: 1.50

A closely related ratio is called PB Ratio. As of today, Energy Transfer Operating LP's share price is $21.47. Energy Transfer Operating LP's Book Value per Sharefor the quarter that ended in Dec. 2020 was $21.31. Hence, Energy Transfer Operating LP's P/B Ratio of today is 1.01.

Energy Transfer Operating LP Price-to-Tangible-Book Historical Data

The historical data trend for Energy Transfer Operating LP'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.

Energy Transfer Operating LP Price-to-Tangible-Book Chart

Energy Transfer Operating LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.33

1.20

Energy Transfer Operating LP Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Energy Transfer Operating LP's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Energy Transfer Operating 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.

Energy Transfer Operating LP's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Energy Transfer Operating LP's Price-to-Tangible-Book falls into.

Energy Transfer Operating LP Price-to-Tangible-Book Calculation

Energy Transfer Operating LP's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2020 )
	=	21.47	/	14.332
	=	1.50

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.

Energy Transfer Operating LP Price-to-Tangible-Book Related Terms

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

Energy Transfer Operating LP (Energy Transfer Operating LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy Transfer Operating LP (NYSE:ETP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225

Website

http://www.energytransfer.com

Energy Transfer Operating LP is a diversified midstream energy company in the country with more than 86,000 miles of pipelines traversing approximately 38 states transporting the oil and gas products. Its core operations include transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. The operating business segments of the company are intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USAC, and Other. The crude oil transportation and services segment generates maximum revenue for the company.

Executives

Easter William H Iii

director

370 17TH ST, STE 2500, DENVER CO 80202