PetroNor E&P ASA (OSL:PNOR) Price-to-Tangible-Book : 0.83 (As of May. 16, 2024)

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What is PetroNor E&P ASA Price-to-Tangible-Book?

As of today (2024-05-16), PetroNor E&P ASA's share price is kr9.77. PetroNor E&P ASA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr11.75. Hence, PetroNor E&P ASA's Price to Tangible Book Ratio of today is 0.83.

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

OSL:PNOR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 1.33 Max: 1.97
Current: 0.83

During the past 6 years, PetroNor E&P ASA's highest Price to Tangible Book Ratio was 1.97. The lowest was 0.69. And the median was 1.33.

OSL:PNOR's Price-to-Tangible-Book is ranked better than
71.89% of 925 companies
in the Oil & Gas industry
Industry Median: 1.35 vs OSL:PNOR: 0.83

A closely related ratio is called PB Ratio. As of today, PetroNor E&P ASA's share price is kr9.77. PetroNor E&P ASA's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr12.33. Hence, PetroNor E&P ASA's P/B Ratio of today is 0.79.

PetroNor E&P ASA Price-to-Tangible-Book Historical Data

The historical data trend for PetroNor E&P 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.

PetroNor E&P ASA Price-to-Tangible-Book Chart

PetroNor E&P ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.97

0.69

PetroNor E&P ASA Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									-	1.97	1.28	1.42	0.69

Competitive Comparison of PetroNor E&P ASA's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, PetroNor E&P 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.

PetroNor E&P ASA's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PetroNor E&P ASA's Price-to-Tangible-Book falls into.

PetroNor E&P ASA Price-to-Tangible-Book Calculation

PetroNor E&P ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.77	/	11.748
	=	0.83

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.

PetroNor E&P ASA Price-to-Tangible-Book Related Terms

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

PetroNor E&P ASA (OSL:PNOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroNor E&P ASA (OSL:PNOR) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

PNORo:Sweden

Address

Froyas gate 13, Oslo, NOR, 0273

Website

https://www.petronorep.com

PetroNor E&P ASA is an independent oil and gas exploration and production company. The principal activities of the group are the exploration and production of crude oil.

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