Tel Offshore Trust (Tel Offshore Trust) PB Ratio : (As of May. 07, 2024)

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What is Tel Offshore Trust PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-07), Tel Offshore Trust's share price is $1.00. Tel Offshore Trust's Book Value per Share for the quarter that ended in Mar. 2017 was $-0.01. Hence, Tel Offshore Trust's PB Ratio of today is .

The historical rank and industry rank for Tel Offshore Trust's PB Ratio or its related term are showing as below:

TELOZ's PB Ratio is not ranked ^*
in the Oil & Gas industry.
Industry Median: 1.24
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Tel Offshore Trust PB Ratio Historical Data

The historical data trend for Tel Offshore Trust's PB Ratio 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 PB Ratio Chart

Tel Offshore Trust Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

PB Ratio

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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
PB Ratio	Get a 7-Day Free Trial															-	0.88	2.88	2.03	-

Competitive Comparison of Tel Offshore Trust's PB Ratio

For the Oil & Gas E&P subindustry, Tel Offshore Trust's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tel Offshore Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tel Offshore Trust's PB Ratio falls into.

Tel Offshore Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tel Offshore Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2017)
	=	1.00	/	-0.006
	=

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Tel Offshore Trust (OTCPK:TELOZ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Tel Offshore Trust PB Ratio Related Terms

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Tel Offshore Trust (Tel Offshore Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tel Offshore Trust (OTCPK:TELOZ) » Definitions » PB Ratio

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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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