Marine Petroleum Trust (Marine Petroleum Trust) PB Ratio : 8.45 (As of Apr. 26, 2024)

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What is Marine Petroleum 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 (2024-04-26), Marine Petroleum Trust's share price is $4.20. Marine Petroleum Trust's Book Value per Share for the quarter that ended in Dec. 2023 was $0.50. Hence, Marine Petroleum Trust's PB Ratio of today is 8.45.

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

MARPS' s PB Ratio Range Over the Past 10 Years
Min: 2.31 Med: 9.97 Max: 36.74
Current: 8.4

During the past 13 years, Marine Petroleum Trust's highest PB Ratio was 36.74. The lowest was 2.31. And the median was 9.97.

MARPS's PB Ratio is ranked worse than
94.94% of 989 companies
in the Oil & Gas industry
Industry Median: 1.24 vs MARPS: 8.40

During the past 12 months, Marine Petroleum Trust's average Book Value Per Share Growth Rate was -4.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Marine Petroleum Trust was 35.30% per year. The lowest was -29.80% per year. And the median was -1.95% per year.

Back to Basics: PB Ratio

Marine Petroleum Trust PB Ratio Historical Data

The historical data trend for Marine Petroleum 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.

Marine Petroleum Trust PB Ratio Chart

Marine Petroleum Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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4.74

4.01

10.84

12.89

10.80

Marine Petroleum Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															13.43	15.96	10.80	10.68	8.11

Competitive Comparison of Marine Petroleum Trust's PB Ratio

For the Oil & Gas Midstream subindustry, Marine Petroleum 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.

Marine Petroleum Trust's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Marine Petroleum Trust's PB Ratio falls into.

Marine Petroleum 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.

Marine Petroleum Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.20	/	0.497
	=	8.45

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.

Marine Petroleum Trust (NAS:MARPS) 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.

Marine Petroleum Trust PB Ratio Related Terms

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Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine Petroleum Trust (NAS:MARPS) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219

Website

https://www.marps-marine.com

Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.