Mesa Royalty Trust (Mesa Royalty Trust) Price-to-Tangible-Book

: 6.86 (As of Today)

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As of today (2024-04-20), Mesa Royalty Trust's share price is $11.19. Mesa Royalty Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.63. Hence, Mesa Royalty Trust's Price to Tangible Book Ratio of today is 6.86.

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

MTR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.94 Med: 6.58 Max: 15.25
Current: 6.87

During the past 13 years, Mesa Royalty Trust's highest Price to Tangible Book Ratio was 15.25. The lowest was 2.94. And the median was 6.58.

MTR's Price-to-Tangible-Book is ranked worse than
92.88% of 927 companies
in the Oil & Gas industry
Industry Median: 1.33 vs MTR: 6.87

A closely related ratio is called PB Ratio. As of today, Mesa Royalty Trust's share price is $11.19. Mesa Royalty Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.63. Hence, Mesa Royalty Trust's P/B Ratio of today is 6.86.

Mesa Royalty Trust Price-to-Tangible-Book Historical Data

The historical data trend for Mesa Royalty Trust'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.

Mesa Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.01

2.94

4.59

15.25

8.09

Mesa Royalty Trust 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																15.25	10.80	15.85	9.53	8.09

Competitive Comparison

For the Oil & Gas E&P subindustry, Mesa Royalty Trust'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.

Mesa Royalty Trust Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Mesa Royalty Trust's Price-to-Tangible-Book falls into.

Mesa Royalty Trust Price-to-Tangible-Book Calculation

Mesa Royalty Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.19	/	1.632
	=	6.86

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.

Mesa Royalty Trust Price-to-Tangible-Book Related Terms

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

Mesa Royalty Trust (Mesa Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mesa Royalty Trust (NYSE:MTR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002

Website

https://mtr.q4web.com

Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.

Executives

J Taylor Crandall	10 percent owner	2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii	10 percent owner
Algenpar Inc	10 percent owner
Alpine Capital Lp	10 percent owner