Noble Energy (Noble Energy) Price-to-Tangible-Book : 1.08 (As of May. 03, 2024)

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What is Noble Energy Price-to-Tangible-Book?

As of today (2024-05-03), Noble Energy's share price is $8.46. Noble Energy's Tangible Book per Share of Jun. 2020 for the quarter that ended in Jun. 2020 was $7.80. Hence, Noble Energy's Price to Tangible Book Ratio of today is 1.08.

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

NBL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 1.31 Max: 2.02
Current: 1.08

During the past 13 years, Noble Energy's highest Price to Tangible Book Ratio was 2.02. The lowest was 0.60. And the median was 1.31.

NBL's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.31 vs NBL: 1.08

A closely related ratio is called PB Ratio. As of today, Noble Energy's share price is $8.46. Noble Energy's Book Value per Sharefor the quarter that ended in Jun. 2020 was $8.34. Hence, Noble Energy's P/B Ratio of today is 1.01.

Noble Energy Price-to-Tangible-Book Historical Data

The historical data trend for Noble Energy'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.

Noble Energy Price-to-Tangible-Book Chart

Noble Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Price-to-Tangible-Book

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1.36

1.76

1.64

0.99

1.48

Noble Energy Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.24	1.25	1.48	0.70	1.15

Competitive Comparison of Noble Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Noble Energy'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.

Noble Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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

Noble Energy Price-to-Tangible-Book Calculation

Noble Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2020 )
	=	8.46	/	7.798
	=	1.08

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.

Noble Energy Price-to-Tangible-Book Related Terms

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

Noble Energy (Noble Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Energy Inc (NAS:NBL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Noble Energy Way, Houston, TX, USA, 77070

Website

https://www.nblenergy.com

Noble Energy is an independent oil and gas producer with key assets in the U.S., Israel, and West Africa. At the end of 2019, the company reported net proven reserves of 2.05 billion barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2019, at a ratio of 57% oil and natural gas liquids and 43% natural gas.

Executives

Christine M Michel	officer: SVP, HR & Administration	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Rachel G Clingman	officer: SVP, General Counsel/Corp Sec	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Thomas Hodge Walker	officer: Sr. VP U.S. Onshore	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
J. Keith Elliott	officer: Sr. VP Offshore	NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Dustin A. Hatley	officer: VP, Chief Accounting Officer	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Scott D Urban	director	NOBLE ENERGY, INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
James E Craddock	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Van Kleef William T	director
David L Stover	director, officer: CEO & Director	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Jeffrey L Berenson	director	C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Barbara J Duganier	director	6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Robin H Fielder	officer: SVP, Midstream	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Brent J Smolik	officer: President & COO	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
John T. Lewis	officer: Sr. VP Corporate Development	NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Kenneth M. Fisher	officer: Exec. VP & CFO	C/O CHAMPIONX CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4 FL12, THE WOODLANDS TX 77381