As of today (2024-04-23), Antero Resources's share price is $31.02. Antero Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $23.00. Hence, Antero Resources's Price to Tangible Book Ratio of today is 1.35.
The historical rank and industry rank for Antero Resources's Price-to-Tangible-Book or its related term are showing as below:
AR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.12 Med: 0.97 Max: 2.43
Current: 1.35
During the past 13 years, Antero Resources's highest Price to Tangible Book Ratio was 2.43. The lowest was 0.12. And the median was 0.97.
AR's Price-to-Tangible-Book is ranked better than 50% of 926
companies
in the Oil & Gas industry
Industry Median: 1.32
vs AR: 1.35
A closely related ratio is called PB Ratio. As of today, Antero Resources's share price is $31.02. Antero Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.00. Hence, Antero Resources's P/B Ratio of today is 1.35.
Antero Resources Price-to-Tangible-Book Historical Data
The historical data trend for Antero Resources'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.
For the Oil & Gas E&P subindustry, Antero Resources'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.
Antero Resources Price-to-Tangible-Book Distribution
For the Oil & Gas industry and Energy sector, Antero Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Antero Resources's Price-to-Tangible-Book falls into.
Antero Resources Price-to-Tangible-Book Calculation
Antero Resources'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.
Antero Resources Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Antero Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Antero Resources (Antero Resources) Business Description
Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2022, the company reported proven reserves of 17.8 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,205 million cubic feet of equivalent a day in 2022 at a ratio of 32% liquids and 68% natural gas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AR has been successfully added to your 