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Sitio Royalties (FRA:SB9) Price-to-Tangible-Book : 1.19 (As of May. 09, 2024)


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What is Sitio Royalties Price-to-Tangible-Book?

As of today (2024-05-09), Sitio Royalties's share price is €21.20. Sitio Royalties's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €17.88. Hence, Sitio Royalties's Price to Tangible Book Ratio of today is 1.19.

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

FRA:SB9' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19   Med: 1.28   Max: 1.34
Current: 1.19

During the past 4 years, Sitio Royalties's highest Price to Tangible Book Ratio was 1.34. The lowest was 1.19. And the median was 1.28.

FRA:SB9's Price-to-Tangible-Book is ranked better than
56.3% of 929 companies
in the Oil & Gas industry
Industry Median: 1.36 vs FRA:SB9: 1.19

A closely related ratio is called PB Ratio. As of today, Sitio Royalties's share price is €21.20. Sitio Royalties's Book Value per Sharefor the quarter that ended in Dec. 2023 was €17.88. Hence, Sitio Royalties's P/B Ratio of today is 1.19.


Sitio Royalties Price-to-Tangible-Book Historical Data

The historical data trend for Sitio Royalties'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.

Sitio Royalties Price-to-Tangible-Book Chart

Sitio Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 1.19

Sitio Royalties Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.03 1.24 1.18 1.19

Competitive Comparison of Sitio Royalties's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Sitio Royalties'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.


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

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

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



Sitio Royalties Price-to-Tangible-Book Calculation

Sitio Royalties's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=21.20/17.881
=1.19

* 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.


Sitio Royalties Price-to-Tangible-Book Related Terms

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


Sitio Royalties (FRA:SB9) Business Description

Traded in Other Exchanges
Address
1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202
Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.

Sitio Royalties (FRA:SB9) Headlines

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