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As of today (2024-05-01), Dorchester Minerals LP's share price is $32.21. Dorchester Minerals LP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.69. Hence, Dorchester Minerals LP's Price to Tangible Book Ratio of today is 6.87.
The historical rank and industry rank for Dorchester Minerals LP's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Dorchester Minerals LP's highest Price to Tangible Book Ratio was 8.11. The lowest was 4.15. And the median was 5.74.
A closely related ratio is called PB Ratio. As of today, Dorchester Minerals LP's share price is $32.21. Dorchester Minerals LP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.69. Hence, Dorchester Minerals LP's P/B Ratio of today is 6.87.
The historical data trend for Dorchester Minerals LP'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.
Dorchester Minerals LP Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 6.02 | 4.47 | 5.14 | 6.70 | 6.79 |
Dorchester Minerals LP Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 6.70 | 7.06 | 7.98 | 6.27 | 6.79 |
For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.
For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Dorchester Minerals LP's Price-to-Tangible-Book falls into.
Dorchester Minerals LP's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Dec. 2023 ) |
= | 32.21 | / | 4.688 | |
= | 6.87 |
* 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:
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.
Thank you for viewing the detailed overview of Dorchester Minerals LP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Dorchester Minerals Operating Lp | other: Entity Under Common Control | 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219 |
Bradley J Ehrman | officer: Chief Operating Officer | 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219 |
Leslie A Moriyama | officer: Chief Financial Officer | 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219 |
William Casey Mcmanemin | director, 10 percent owner, officer: Chief Executive Officer | C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219 |
Martha Rochelle | director | 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219 |
Allen H C Jr | director, officer: Chief Financial Officer | 3838 OAK LAWN, SUITE 300, DALLAS TX 75219 |
Robert C Vaughn | director | 3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219 |
Allen D Lassiter | director | 25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205 |
James E Raley | director, officer: CHIEF OPERATING OFFICER | 9666 ATHERTON DRIVE, DALLAS TX 75243 |
Buford P Berry | director | 1700 PACIFIC, SUITE 3300, DALLAS TX 75201 |
Charles William Russell | director | 4695 N FM 2869, WINNSBORO TX 75494 |
Preston A Peak | director | 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219 |
Ronald Paul Trout | director | 1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080 |
Lucent Technologies Inc. Master Pension Trust | 10 percent owner | 600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974 |
Wolf Partners Red | 10 percent owner | 3738 OAK LAWN AVE STE 300, DALLAS TX 75201 |
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