Tel Offshore Trust (Tel Offshore Trust) Price-to-Tangible-Book : (As of May. 13, 2024)

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What is Tel Offshore Trust Price-to-Tangible-Book?

As of today (2024-05-13), Tel Offshore Trust's share price is $1.00. Tel Offshore Trust's Tangible Book per Share of Mar. 2017 for the quarter that ended in Mar. 2017 was $-0.01. Hence, Tel Offshore Trust's Price to Tangible Book Ratio of today is .

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

TELOZ's Price-to-Tangible-Book is not ranked ^*
in the Oil & Gas industry.
Industry Median: 1.36
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tel Offshore Trust's share price is $1.00. Tel Offshore Trust's Book Value per Sharefor the quarter that ended in Mar. 2017 was $-0.01. Hence, Tel Offshore Trust's P/B Ratio of today is .

Tel Offshore Trust Price-to-Tangible-Book Historical Data

The historical data trend for Tel Offshore Trust'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.

Tel Offshore Trust Price-to-Tangible-Book Chart

Tel Offshore Trust Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Price-to-Tangible-Book

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200.00

400.00

2.03

Tel Offshore Trust Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.88	2.88	2.03	-

Competitive Comparison of Tel Offshore Trust's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Tel Offshore Trust'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.

Tel Offshore Trust's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tel Offshore Trust's Price-to-Tangible-Book falls into.

Tel Offshore Trust Price-to-Tangible-Book Calculation

Tel Offshore Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2017 )
	=	1.00	/	-0.006
	=

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.

Tel Offshore Trust Price-to-Tangible-Book Related Terms

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

Tel Offshore Trust (Tel Offshore Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tel Offshore Trust (OTCPK:TELOZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Website

Tel Offshore Trust was created under the laws of the State of Texas in 1983 and maintains its offices at the office of The Bank of New York Mellon Trust Company, N.A. The main asset of the Trust consists of a 99.99% interest in the TEL Offshore Trust Partnership and royalty interest in various oil and gas properties located offshore of Louisiana. The Trustees distribute the Trust's income pro rata for each calendar quarter within 10 days after the end of each calendar quarter. Distributions of the Trust's income are made to Unit holders of record on the Quarterly Record Date, which is the last business day of each quarterly period, or such later date as the Trustees determine is required to comply with legal requirements. Each Unit is evidenced by a transferable certificate issued by the Corporate Trustee. Each unit ranks equally as to distributions, has one vote on any matter submitted to Unit holders and represents an undivided interest in the Trust, which in turn owns a 99.99% interest in the Partnership. Within 90 days of the close of each year, the net federal taxable income of the Trust for each quarterly period ending in such year is reported by the Trustees for federal tax purposes to the Unit holder of record to whom the Quarterly Income Amount was distributed.

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