TORC Oil & Gas (TORC Oil & Gas) Price-to-Tangible-Book : 1.48 (As of May. 05, 2024)

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What is TORC Oil & Gas Price-to-Tangible-Book?

As of today (2024-05-05), TORC Oil & Gas's share price is $2.48. TORC Oil & Gas's Tangible Book per Share of Sep. 2020 for the quarter that ended in Sep. 2020 was $1.68. Hence, TORC Oil & Gas's Price to Tangible Book Ratio of today is 1.48.

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

VREYF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 1.21 Max: 4.16
Current: 1.44

During the past 13 years, TORC Oil & Gas's highest Price to Tangible Book Ratio was 4.16. The lowest was 0.26. And the median was 1.21.

VREYF's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.32 vs VREYF: 1.44

A closely related ratio is called PB Ratio. As of today, TORC Oil & Gas's share price is $2.48. TORC Oil & Gas's Book Value per Sharefor the quarter that ended in Sep. 2020 was $1.68. Hence, TORC Oil & Gas's P/B Ratio of today is 1.48.

TORC Oil & Gas Price-to-Tangible-Book Historical Data

The historical data trend for TORC Oil & Gas'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.

TORC Oil & Gas Price-to-Tangible-Book Chart

TORC Oil & Gas Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Price-to-Tangible-Book

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0.61

1.12

1.07

0.61

0.71

TORC Oil & Gas Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.56	0.71	0.26	0.72	0.63

Competitive Comparison of TORC Oil & Gas's Price-to-Tangible-Book

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

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

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

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

TORC Oil & Gas Price-to-Tangible-Book Calculation

TORC Oil & Gas's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2020 )
	=	2.48	/	1.678
	=	1.48

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.

TORC Oil & Gas Price-to-Tangible-Book Related Terms

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

TORC Oil & Gas (TORC Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TORC Oil & Gas Ltd (OTCPK:VREYF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

525-8th Avenue SW, Suite 1800, Eighth Avenue Place, Calgary, AB, CAN, T2P 1G1

Website

http://www.torcoil.com

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.

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