Coterra Energy (LTS:0HRZ) Price-to-Tangible-Book

: 1.05 (As of Today)

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As of today (2024-04-18), Coterra Energy's share price is $18.225. Coterra Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $17.36. Hence, Coterra Energy's Price to Tangible Book Ratio of today is 1.05.

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

LTS:0HRZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.32 Med: 3.43 Max: 5.71
Current: 1.57

During the past 13 years, Coterra Energy's highest Price to Tangible Book Ratio was 5.71. The lowest was 1.32. And the median was 3.43.

LTS:0HRZ's Price-to-Tangible-Book is ranked worse than
58.41% of 928 companies
in the Oil & Gas industry
Industry Median: 1.31 vs LTS:0HRZ: 1.57

A closely related ratio is called PB Ratio. As of today, Coterra Energy's share price is $18.225. Coterra Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was $17.36. Hence, Coterra Energy's P/B Ratio of today is 1.05.

Coterra Energy Price-to-Tangible-Book Historical Data

The historical data trend for Coterra Energy'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.

Coterra Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.17

3.09

1.26

1.11

1.05

Coterra Energy 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																1.11	1.09	1.09	1.07	1.05

Competitive Comparison

For the Oil & Gas E&P subindustry, Coterra 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.

Coterra Energy Price-to-Tangible-Book Distribution

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

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

Coterra Energy Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	18.225	/	17.362
	=	1.05

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.

Coterra Energy Price-to-Tangible-Book Related Terms

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

Coterra Energy (LTS:0HRZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coterra Energy Inc (LTS:0HRZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CTRA:USA COG:Mexico XCQ:Germany C1OG34:Brazil

Address

840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024

Website

https://www.coterra.com

Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).

Coterra Energy (LTS:0HRZ) Headlines

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