Marine Petroleum Trust (Marine Petroleum Trust) Price-to-Tangible-Book : 8.45 (As of Apr. 28, 2024)

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What is Marine Petroleum Trust Price-to-Tangible-Book?

As of today (2024-04-28), Marine Petroleum Trust's share price is $4.20. Marine Petroleum Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.50. Hence, Marine Petroleum Trust's Price to Tangible Book Ratio of today is 8.45.

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

MARPS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.82 Med: 9.73 Max: 31.04
Current: 8.4

During the past 13 years, Marine Petroleum Trust's highest Price to Tangible Book Ratio was 31.04. The lowest was 2.82. And the median was 9.73.

MARPS's Price-to-Tangible-Book is ranked worse than
94.6% of 926 companies
in the Oil & Gas industry
Industry Median: 1.32 vs MARPS: 8.40

A closely related ratio is called PB Ratio. As of today, Marine Petroleum Trust's share price is $4.20. Marine Petroleum Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.50. Hence, Marine Petroleum Trust's P/B Ratio of today is 8.45.

Marine Petroleum Trust Price-to-Tangible-Book Historical Data

The historical data trend for Marine Petroleum Trust'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.

Marine Petroleum Trust Price-to-Tangible-Book Chart

Marine Petroleum Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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4.74

4.01

10.84

12.89

10.80

Marine Petroleum Trust 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															13.43	15.96	10.80	10.68	8.11

Competitive Comparison of Marine Petroleum Trust's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Marine Petroleum Trust'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.

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

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

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

Marine Petroleum Trust Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.20	/	0.497
	=	8.45

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.

Marine Petroleum Trust Price-to-Tangible-Book Related Terms

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

Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine Petroleum Trust (NAS:MARPS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219

Website

https://www.marps-marine.com

Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.