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Natural Resources Partners LP (Natural Resources Partners LP) PB Ratio : 2.13 (As of Apr. 26, 2024)


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What is Natural Resources Partners LP 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), Natural Resources Partners LP's share price is $89.40. Natural Resources Partners LP's Book Value per Share for the quarter that ended in Dec. 2023 was $42.03. Hence, Natural Resources Partners LP's PB Ratio of today is 2.13.

The historical rank and industry rank for Natural Resources Partners LP's PB Ratio or its related term are showing as below:

NRP' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.48   Max: 79.5
Current: 2.13

During the past 13 years, Natural Resources Partners LP's highest PB Ratio was 79.50. The lowest was 0.39. And the median was 1.48.

NRP's PB Ratio is ranked worse than
66.27% of 166 companies
in the Other Energy Sources industry
Industry Median: 1.37 vs NRP: 2.13

During the past 12 months, Natural Resources Partners LP's average Book Value Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 460.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Natural Resources Partners LP was 460.30% per year. The lowest was -77.70% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Natural Resources Partners LP PB Ratio Historical Data

The historical data trend for Natural Resources Partners 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.

* Premium members only.

Natural Resources Partners LP PB Ratio Chart

Natural Resources Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 57.53 1.61 1.42 2.20

Natural Resources Partners LP 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 1.40 1.33 1.98 2.20

Competitive Comparison of Natural Resources Partners LP's PB Ratio

For the Thermal Coal subindustry, Natural Resources Partners 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.


Natural Resources Partners LP's PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Natural Resources Partners LP's PB Ratio falls into.



Natural Resources Partners 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.

Natural Resources Partners LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=89.40/42.032
=2.13

* 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.


Natural Resources Partners LP  (NYSE:NRP) 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.


Natural Resources Partners LP PB Ratio Related Terms

Thank you for viewing the detailed overview of Natural Resources Partners LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Natural Resources Partners LP (Natural Resources Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.
Executives
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Philip T Warman officer: General Counsel & Secretary 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73102-6406
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Galdino J. Claro director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Perry W Donahoo officer: CEO of VantaCore 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Jennifer Lauren Odinet officer: Chief Accounting Officer 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Kevin J Craig officer: VP of Business Development PO BOX 2827, HUNTINGTON WV 25727
Jasvinder Khaira director 1201 LOUISIANA STREET, SUITE 3400, HOUSTON TX 77002
Premium Resources, Llc 10 percent owner 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Jackson Leon George Iii director 235 MARLBERRY CIRCLE, JUPITER FL 33458
David M Hartz officer: VP, Oil and Gas 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Richard A Navarre director 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Christopher Zolas officer: Chief Accounting Officer 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Craig W Nunez officer: CFO and Treasurer 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Dennis F Coker officer: Vice President - Aggregates 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002