What is Natural Resources Partners LP Price-to-Tangible-Book?
As of today (2024-04-25), Natural Resources Partners LP's share price is $88.44. Natural Resources Partners LP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $40.95. Hence, Natural Resources Partners LP's Price to Tangible Book Ratio of today is 2.16.
The historical rank and industry rank for Natural Resources Partners LP's Price-to-Tangible-Book or its related term are showing as below:
NRP'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 1.72 Max: 7.98
Current: 2.16
During the past 13 years, Natural Resources Partners LP's highest Price to Tangible Book Ratio was 7.98. The lowest was 0.77. And the median was 1.72.
NRP's Price-to-Tangible-Book is ranked worse than 61.25% of 160
companies
in the Other Energy Sources industry
Industry Median: 1.65
vs NRP: 2.16
A closely related ratio is called PB Ratio. As of today, Natural Resources Partners LP's share price is $88.44. Natural Resources Partners LP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $42.03. Hence, Natural Resources Partners LP's P/B Ratio of today is 2.10.
Natural Resources Partners LP Price-to-Tangible-Book Historical Data
The historical data trend for Natural Resources Partners 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.
Competitive Comparison of Natural Resources Partners LP's Price-to-Tangible-Book
For the Thermal Coal subindustry, Natural Resources Partners 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.
Natural Resources Partners LP's Price-to-Tangible-Book Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Natural Resources Partners LP's Price-to-Tangible-Book falls into.
* 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.
Natural Resources Partners LP Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Natural Resources Partners LP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Natural Resources Partners LP (Natural Resources Partners LP) Business Description
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.
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