As of today (2024-04-16), Global Partners LP's share price is $45.69. Global Partners LP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.35. Hence, Global Partners LP's Price to Tangible Book Ratio of today is 4.41.
The historical rank and industry rank for Global Partners LP's Price-to-Tangible-Book or its related term are showing as below:
GLP'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.63 Med: 4.59 Max: 25.54
Current: 4.41
During the past 13 years, Global Partners LP's highest Price to Tangible Book Ratio was 25.54. The lowest was 2.63. And the median was 4.59.
GLP's Price-to-Tangible-Book is ranked worse than 88.89% of 927
companies
in the Oil & Gas industry
Industry Median: 1.33
vs GLP: 4.41
A closely related ratio is called PB Ratio. As of today, Global Partners LP's share price is $45.69. Global Partners LP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.63. Hence, Global Partners LP's P/B Ratio of today is 1.93.
Global Partners LP Price-to-Tangible-Book Historical Data
The historical data trend for Global Partners LP'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.
Global Partners LP Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
7.86
-
4.59
3.53
4.09
Global Partners LP 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
3.53
3.44
3.21
3.70
4.09
Competitive Comparison
For the Oil & Gas Midstream subindustry, Global Partners LP'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.
Global Partners LP Price-to-Tangible-Book Distribution
For the Oil & Gas industry and Energy sector, Global Partners LP's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Global Partners LP's Price-to-Tangible-Book falls into.
Global Partners LP Price-to-Tangible-Book Calculation
Global Partners LP'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.
Global Partners LP Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Global Partners LP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Partners LP (Global Partners LP) Business Description
Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.
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