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 (2024-04-24), Dorchester Minerals LP's share price is $35.01. Dorchester Minerals LP's Book Value per Share for the quarter that ended in Dec. 2023 was $4.69. Hence, Dorchester Minerals LP's PB Ratio of today is 7.47.
The historical rank and industry rank for Dorchester Minerals LP's PB Ratio or its related term are showing as below:
DMLP'
s PB Ratio Range Over the Past 10 Years
Min: 2.81 Med: 6.34 Max: 9.8
Current: 7.46
During the past 13 years, Dorchester Minerals LP's highest PB Ratio was 9.80. The lowest was 2.81. And the median was 6.34.
DMLP's PB Ratio is ranked worse than 94.34% of 990
companies
in the Oil & Gas industry
Industry Median: 1.23
vs DMLP: 7.46
During the past 12 months, Dorchester Minerals LP's average Book Value Per Share Growth Rate was 4.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 24.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dorchester Minerals LP was 70.10% per year. The lowest was -16.00% per year. And the median was -3.70% per year.
Back to Basics: PB Ratio
Dorchester Minerals LP PB Ratio Historical Data
The historical data trend for Dorchester Minerals LP'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.
Competitive Comparison of Dorchester Minerals LP's PB Ratio
For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.
Dorchester Minerals LP's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Dorchester Minerals LP's PB Ratio falls into.
Dorchester Minerals LP 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.
Dorchester Minerals LP's PB Ratio for today is calculated as follows:
* 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 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.
Dorchester Minerals LP (NAS:DMLP) PB Ratio Explanation
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.
Dorchester Minerals LP PB Ratio Related Terms
Thank you for viewing the detailed overview of Dorchester Minerals LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Dorchester Minerals LP (Dorchester Minerals LP) Business Description
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
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