Japan Petroleum Exploration Co (Japan Petroleum Exploration Co) Price-to-Tangible-Book : 0.71 (As of Apr. 26, 2024)

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What is Japan Petroleum Exploration Co Price-to-Tangible-Book?

As of today (2024-04-26), Japan Petroleum Exploration Co's share price is $42.38. Japan Petroleum Exploration Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $59.96. Hence, Japan Petroleum Exploration Co's Price to Tangible Book Ratio of today is 0.71.

The historical rank and industry rank for Japan Petroleum Exploration Co's Price-to-Tangible-Book or its related term are showing as below:

JPTXF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.4 Max: 0.78
Current: 0.71

During the past 13 years, Japan Petroleum Exploration Co's highest Price to Tangible Book Ratio was 0.78. The lowest was 0.25. And the median was 0.40.

JPTXF's Price-to-Tangible-Book is ranked better than
75.24% of 925 companies
in the Oil & Gas industry
Industry Median: 1.31 vs JPTXF: 0.71

A closely related ratio is called PB Ratio. As of today, Japan Petroleum Exploration Co's share price is $42.38. Japan Petroleum Exploration Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $60.67. Hence, Japan Petroleum Exploration Co's P/B Ratio of today is 0.70.

Japan Petroleum Exploration Co Price-to-Tangible-Book Historical Data

The historical data trend for Japan Petroleum Exploration Co'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.

Japan Petroleum Exploration Co Price-to-Tangible-Book Chart

Japan Petroleum Exploration Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.29

0.33

0.32

0.41

0.58

Japan Petroleum Exploration Co 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	Get a 7-Day Free Trial															0.52	0.58	0.54	0.64	0.65

Competitive Comparison of Japan Petroleum Exploration Co's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Japan Petroleum Exploration Co'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.

Japan Petroleum Exploration Co's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Japan Petroleum Exploration Co's Price-to-Tangible-Book falls into.

Japan Petroleum Exploration Co Price-to-Tangible-Book Calculation

Japan Petroleum Exploration Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	42.38	/	59.958
	=	0.71

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.

Japan Petroleum Exploration Co Price-to-Tangible-Book Related Terms

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Japan Petroleum Exploration Co (Japan Petroleum Exploration Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Japan Petroleum Exploration Co Ltd (OTCPK:JPTXF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

1662:Japan JP9:Germany

Address

Sapia Tower, 1-7-12, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.japex.co.jp

Japan Petroleum Exploration Co Ltd is a drilling and exploration company that specializes in the production of crude oil and liquefied natural gas. Majority of the company's revenue is derived from oil and gas fields in Japan, with additional production coming from various international positions. Japan Petroleum Exploration serves natural gas to electric power companies, local distribution companies, and various industrial users. It also supplies and sells crude oil to petroleum refiners and trading companies.