As of today (2024-04-24), PHX Minerals's share price is $3.465. PHX Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.42. Hence, PHX Minerals's Price to Tangible Book Ratio of today is 1.01.
The historical rank and industry rank for PHX Minerals's Price-to-Tangible-Book or its related term are showing as below:
PHX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5 Med: 2.26 Max: 4.13
Current: 1.01
During the past 13 years, PHX Minerals's highest Price to Tangible Book Ratio was 4.13. The lowest was 0.50. And the median was 2.26.
PHX's Price-to-Tangible-Book is ranked better than 66.2% of 926
companies
in the Oil & Gas industry
Industry Median: 1.31
vs PHX: 1.01
A closely related ratio is called PB Ratio. As of today, PHX Minerals's share price is $3.465. PHX Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.42. Hence, PHX Minerals's P/B Ratio of today is 1.01.
PHX Minerals Price-to-Tangible-Book Historical Data
The historical data trend for PHX Minerals'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.
For the Oil & Gas E&P subindustry, PHX Minerals'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.
PHX Minerals Price-to-Tangible-Book Distribution
For the Oil & Gas industry and Energy sector, PHX Minerals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where PHX Minerals's Price-to-Tangible-Book falls into.
PHX Minerals Price-to-Tangible-Book Calculation
PHX Minerals's price-to-tangible-book ratio for today is calculated as:
* 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.
PHX Minerals Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of PHX Minerals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
PHX Minerals, previously Panhandle Oil & Gas, is an oil and natural gas mineral company that has employed a strategy to shift the core of its business away from drilling and toward perpetual mineral and natural gas ownership. The company owns substantial mineral acreage, principally in Oklahoma, North Dakota, Texas, New Mexico, and Arkansas, but still maintains legacy interests in natural gas and oil properties that have retired operations. The sale of natural gas, natural gas liquids, and oil continues to be the primary source of the company's revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PHX has been successfully added to your 