Trinity Exploration & Production (Trinity Exploration & Production) Price-to-Tangible-Book : 0.36 (As of May. 10, 2024)

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What is Trinity Exploration & Production Price-to-Tangible-Book?

As of today (2024-05-10), Trinity Exploration & Production's share price is $0.5209. Trinity Exploration & Production's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $1.45. Hence, Trinity Exploration & Production's Price to Tangible Book Ratio of today is 0.36.

The historical rank and industry rank for Trinity Exploration & Production's Price-to-Tangible-Book or its related term are showing as below:

TRXEF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 0.92 Max: 2.5
Current: 0.47

During the past 13 years, Trinity Exploration & Production's highest Price to Tangible Book Ratio was 2.50. The lowest was 0.15. And the median was 0.92.

TRXEF's Price-to-Tangible-Book is ranked better than
88.05% of 929 companies
in the Oil & Gas industry
Industry Median: 1.36 vs TRXEF: 0.47

A closely related ratio is called PB Ratio. As of today, Trinity Exploration & Production's share price is $0.5209. Trinity Exploration & Production's Book Value per Sharefor the quarter that ended in Jun. 2023 was $1.47. Hence, Trinity Exploration & Production's P/B Ratio of today is 0.35.

Trinity Exploration & Production Price-to-Tangible-Book Historical Data

The historical data trend for Trinity Exploration & Production'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.

Trinity Exploration & Production Price-to-Tangible-Book Chart

Trinity Exploration & Production Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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1.96

0.92

0.73

2.57

1.24

Trinity Exploration & Production Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.70	2.57	1.24	1.24	0.37

Competitive Comparison of Trinity Exploration & Production's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Trinity Exploration & Production'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.

Trinity Exploration & Production's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trinity Exploration & Production's Price-to-Tangible-Book falls into.

Trinity Exploration & Production Price-to-Tangible-Book Calculation

Trinity Exploration & Production's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.5209	/	1.452
	=	0.36

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.

Trinity Exploration & Production Price-to-Tangible-Book Related Terms

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Trinity Exploration & Production (Trinity Exploration & Production) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinity Exploration & Production PLC (OTCPK:TRXEF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TRIN.GB:UK TRIN:UK

Address

C/o Pinsent Masons LLP, 1 Park Row, Leeds, GBR, LS1 5AB

Website

https://www.trinityexploration.com

Trinity Exploration & Production PLC is an independent exploration and production company. Its activities include the exploration, development, production, and sale of crude oil. The company operates a portfolio of producing and development assets both onshore and offshore in the shallow waters off the West and East Coasts of Trinidad. It operates through one operating segment being exploration and development, production and extraction of hydrocarbons.