Dragon Oil (FRA:DRS) Price-to-Tangible-Book : 1.64 (As of May. 05, 2024)

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What is Dragon Oil Price-to-Tangible-Book?

As of today (2024-05-05), Dragon Oil's share price is €10.88. Dragon Oil's Tangible Book per Share of Jun. 2015 for the quarter that ended in Jun. 2015 was €6.65. Hence, Dragon Oil's Price to Tangible Book Ratio of today is 1.64.

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

FRA:DRS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.15 Med: 1.5 Max: 2.04
Current: 1.6

During the past 13 years, Dragon Oil's highest Price to Tangible Book Ratio was 2.04. The lowest was 1.15. And the median was 1.50.

FRA:DRS's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.32 vs FRA:DRS: 1.60

A closely related ratio is called PB Ratio. As of today, Dragon Oil's share price is €10.88. Dragon Oil's Book Value per Sharefor the quarter that ended in Jun. 2015 was €6.83. Hence, Dragon Oil's P/B Ratio of today is 1.59.

Dragon Oil Price-to-Tangible-Book Historical Data

The historical data trend for Dragon Oil'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.

Dragon Oil Price-to-Tangible-Book Chart

Dragon Oil Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Price-to-Tangible-Book

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2.04

1.40

1.44

1.43

1.12

Dragon Oil Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Price-to-Tangible-Book	Get a 7-Day Free Trial								1.44	1.43	1.51	1.12	-

Competitive Comparison of Dragon Oil's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Dragon Oil'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.

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

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

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

Dragon Oil Price-to-Tangible-Book Calculation

Dragon Oil's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2015 )
	=	10.88	/	6.653
	=	1.64

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.

Dragon Oil Price-to-Tangible-Book Related Terms

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

Dragon Oil (FRA:DRS) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.dragonoil.com

Dragon Oil PLC is an independent oil and gas exploration, development and production company. The Company's producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. It has exploration blocks offshore Tunisia (the Bargou Exploration Permit), in Iraq (Block 9), Afghanistan (Sanduqli and Mazar-i-Sharif blocks), offshore the Philippines (Service Contract 63) in partnership with other companies and Block 19 in Egypt. The Company develops the hydrocarbon reserves in the Cheleken Contract Area in accordance with the terms of the Production Sharing Agreement (PSA). As at 31 December 2014 the Company had probably oil reserves of 663 million barrels of oil and condensate, gas 2P reserves and contingent gas resources of c. 2.7 TCF. The Bargou Exploration Permit contains prospective resources, while Block 9, Sanduqli and Mazar-i-Sharif blocks and Block 19 are at an early stage of exploration. The Company is subject to the international laws and regulations that it operates in.