LB (LandBridge Co LLC) Net Cash per Share: $-35.27 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LB LandBridge Co LLC LB
17 GF Score
Price $78.69
! 6 Warning Signs
View Full Analysis

What is LandBridge Co LLC Net Cash per Share?

LandBridge Co LLC LB +4.53% 17 Net Cash per Share is $-35.27 as of Jun. 2026. GuruFocus rates LB with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 130 Oil & Gas companies, LandBridge Co LLC ranks worse than 769230% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). LandBridge Co LLC's Net Cash per Share for the quarter that ended in Jun. 2026 was $-35.27.

The historical rank and industry rank for LandBridge Co LLC's Net Cash per Share or its related term are showing as below:

LB's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.66
* Ranked among companies with meaningful Price-to-Net-Cash only.

LandBridge Co LLC  (NYSE:LB) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


LandBridge Co LLC Net Cash per Share Related Terms


LandBridge Co LLC Net Cash per Share Historical Data

* Premium members only.

The historical data trend for LandBridge Co LLC's Net Cash per Share 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.

LandBridge Co LLC Net Cash per Share Chart

LandBridge Co LLC Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Cash per Share
-3.44 -6.92 -33.70 -35.74

LandBridge Co LLC Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share 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 -30.99 -30.69 -35.74 -35.49 -35.27

LB vs INVX, NEXT, XPRO: Net Cash per Share Comparison

For the Oil & Gas Equipment & Services subindustry, LandBridge Co LLC's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


LandBridge Co LLC Price-to-Net-Cash vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, LandBridge Co LLC's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where LandBridge Co LLC's Price-to-Net-Cash falls into.


LB
17GF Score
LandBridge Co LLC LB
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LandBridge Co LLC Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

LandBridge Co LLC's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(30.741-572.071-453.683)/27.838
=-35.74

LandBridge Co LLC's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(39.797-545.459-476.275)/27.839
=-35.27

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-35.27 mean?
LandBridge Co LLC (LB) has a Net Cash per Share of $-35.27 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on LandBridge Co LLC and its competitors. According to the industry distribution chart, LandBridge Co LLC ranks #999999 out of 130 companies in the Oil & Gas industry.
Is LandBridge Co LLC's Net Cash per Share too high?
LandBridge Co LLC's current Net Cash per Share is $-35.27. Based on the distribution chart, LandBridge Co LLC ranks #999999 out of 130 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, LandBridge Co LLC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does LandBridge Co LLC's Net Cash per Share compare to INVX and NEXT?
According to the Oil & Gas industry distribution chart, LandBridge Co LLC ranks #999999 out of 130 companies for Net Cash per Share. This places LandBridge Co LLC in the lower half of its industry. The industry median Net Cash per Share is 5.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Oil & Gas company?
The median Net Cash per Share among Oil & Gas companies is 5.66, based on 130 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on LandBridge Co LLC and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LandBridge Co LLC's current Net Cash per Share is $-35.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LandBridge Co LLC stock overvalued right now?
LandBridge Co LLC (LB) has a current Net Cash per Share of $-35.27. The current Net Cash per Share is $-35.27. LandBridge Co LLC's overall GF Score™ is 17/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For LandBridge Co LLC (LB), the current Net Cash per Share is $-35.27 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LandBridge Co LLC Business Description

Industry EnergyOil & Gas
Other Exchanges D5O:Germany
Address 5555 San Felipe Street, Suite 1200, Houston, TX, USA, 77056
LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generates revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.
17GF Score

Get the complete analysis for LB

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$78.69
Price