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DNO ASA (DNO ASA) Price-to-Tangible-Book : 1.05 (As of May. 20, 2024)


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What is DNO ASA Price-to-Tangible-Book?

As of today (2024-05-20), DNO ASA's share price is $1.04. DNO ASA's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.99. Hence, DNO ASA's Price to Tangible Book Ratio of today is 1.05.

The historical rank and industry rank for DNO ASA's Price-to-Tangible-Book or its related term are showing as below:

DTNOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 2.02   Max: 5.86
Current: 1.07

During the past 13 years, DNO ASA's highest Price to Tangible Book Ratio was 5.86. The lowest was 0.67. And the median was 2.02.

DTNOF's Price-to-Tangible-Book is ranked better than
63.81% of 923 companies
in the Oil & Gas industry
Industry Median: 1.35 vs DTNOF: 1.07

A closely related ratio is called PB Ratio. As of today, DNO ASA's share price is $1.04. DNO ASA's Book Value per Sharefor the quarter that ended in Mar. 2024 was $1.25. Hence, DNO ASA's P/B Ratio of today is 0.84.


DNO ASA Price-to-Tangible-Book Historical Data

The historical data trend for DNO ASA'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.

* Premium members only.

DNO ASA Price-to-Tangible-Book Chart

DNO ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.17 1.27 0.96 0.83

DNO ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 0.79 0.75 0.96 0.83 0.92

Competitive Comparison of DNO ASA's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, DNO ASA'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.


DNO ASA's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DNO ASA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where DNO ASA's Price-to-Tangible-Book falls into.



DNO ASA Price-to-Tangible-Book Calculation

DNO ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1.04/0.989
=1.05

* 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 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.


DNO ASA Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of DNO ASA's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


DNO ASA (DNO ASA) Business Description

Industry
Address
Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (DNO ASA) Headlines

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