Velocity Energy (Velocity Energy) Price-to-Tangible-Book : (As of May. 14, 2024)

Velocity Energy Price-to-Tangible-Book Chart

Velocity Energy Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Price-to-Tangible-Book	Get a 7-Day Free Trial										20.79	22.36	-	-	-

Competitive Comparison of Velocity Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Velocity Energy'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.

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

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

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

Velocity Energy Price-to-Tangible-Book Calculation

Velocity Energy's price-to-tangible-book ratio for today is calculated as:

* 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.

Velocity Energy Price-to-Tangible-Book Related Terms

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

Velocity Energy (Velocity Energy) Business Description