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Tamar Petroleum (XTAE:TMRP) Price-to-Tangible-Book : 1.29 (As of May. 15, 2024)


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What is Tamar Petroleum Price-to-Tangible-Book?

As of today (2024-05-15), Tamar Petroleum's share price is ₪21.16. Tamar Petroleum's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪16.41. Hence, Tamar Petroleum's Price to Tangible Book Ratio of today is 1.29.

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

XTAE:TMRP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.21   Med: 0.72   Max: 2.6
Current: 1.28

During the past 10 years, Tamar Petroleum's highest Price to Tangible Book Ratio was 2.60. The lowest was 0.21. And the median was 0.72.

XTAE:TMRP's Price-to-Tangible-Book is ranked better than
52.69% of 928 companies
in the Oil & Gas industry
Industry Median: 1.36 vs XTAE:TMRP: 1.28

A closely related ratio is called PB Ratio. As of today, Tamar Petroleum's share price is ₪21.16. Tamar Petroleum's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪16.41. Hence, Tamar Petroleum's P/B Ratio of today is 1.29.


Tamar Petroleum Price-to-Tangible-Book Historical Data

The historical data trend for Tamar Petroleum'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.

Tamar Petroleum Price-to-Tangible-Book Chart

Tamar Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.21 0.51 0.61 1.00

Tamar Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.66 0.75 1.03 1.00

Competitive Comparison of Tamar Petroleum's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Tamar Petroleum'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.


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

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

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



Tamar Petroleum Price-to-Tangible-Book Calculation

Tamar Petroleum's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=21.16/16.406
=1.29

* 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.


Tamar Petroleum Price-to-Tangible-Book Related Terms

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


Tamar Petroleum (XTAE:TMRP) Business Description

Traded in Other Exchanges
N/A
Address
11 Galgalei Haplada Street, Herzliya Pituach, Herzeliya, ISR, 4672211
Tamar Petroleum Ltd is an Israel based company engaged in the production, and sale of natural gas. It has interest rights in the Tamar and Dalit reservoirs located in the west of Haifa. The company's only operating segment is exploration, development, production, and sale of natural gas.

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