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Flotek Industries (Flotek Industries) Price-to-Tangible-Book : 1.00 (As of Apr. 26, 2024)


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What is Flotek Industries Price-to-Tangible-Book?

As of today (2024-04-26), Flotek Industries's share price is $3.44. Flotek Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.44. Hence, Flotek Industries's Price to Tangible Book Ratio of today is 1.00.

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

FTK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 3.13   Max: 33.6
Current: 1

During the past 13 years, Flotek Industries's highest Price to Tangible Book Ratio was 33.60. The lowest was 0.36. And the median was 3.13.

FTK's Price-to-Tangible-Book is ranked better than
64.11% of 925 companies
in the Oil & Gas industry
Industry Median: 1.31 vs FTK: 1.00

A closely related ratio is called PB Ratio. As of today, Flotek Industries's share price is $3.44. Flotek Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.44. Hence, Flotek Industries's P/B Ratio of today is 1.00.


Flotek Industries Price-to-Tangible-Book Historical Data

The historical data trend for Flotek Industries'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.

Flotek Industries Price-to-Tangible-Book Chart

Flotek Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 3.95 4.11 33.60 1.14

Flotek Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.60 1.06 1.14 1.32 1.14

Competitive Comparison of Flotek Industries's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, Flotek Industries'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.


Flotek Industries's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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



Flotek Industries Price-to-Tangible-Book Calculation

Flotek Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.44/3.437
=1.00

* 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.


Flotek Industries Price-to-Tangible-Book Related Terms

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


Flotek Industries (Flotek Industries) Business Description

Traded in Other Exchanges
N/A
Address
8846 North Sam Houston Parkway West, Suite 150, Houston, TX, USA, 77064
Flotek Industries Inc delivers chemistry-based technology solutions for energy, industrial, and consumer applications. It develops and supplies chemistry and services to the oil and gas industries, and high-value compounds to companies that make food and beverages, cleaning products, cosmetics, and others. The company operates in the Chemistry Technologies segment which designs, develops, manufactures, packages, and markets chemistries that market specialty chemicals. Its Data Analytics segment enables users to maximize the value of their hydrocarbon-associated processes by providing analytics associated with the streams in seconds rather than minutes or days.
Executives
David Nierenberg director 19605 NE 8TH STREET, CAMAS WA 98607
Ryan Gillis Ezell officer: SVP, Operations 10603 N. SAM HOUSTON PARKWAY W., SUITE 300, HOUSTON TX 77064
Matthew Wilks director 17010 IH-20, CISCO TX 76437
James Bond Clement officer: Chief Financial Officer 400 E. KALISTE SALOOM ROAD, SUITE 6000, LAFAYETTE LA 70508
Harshavardhan V Agadi director 5755 NORTH POINT PKWAY #266, ALPHARETTA GA 30022
Gibson John W Jr director, officer: CEO and President 10603 W. SAM HOUSTON PKWY N., SUITE 300, HOUSTON TX 77064
Profrac Holding Corp. 10 percent owner 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Evan R Farber director 7903 KENTUCKY AVE., BETHESDA MD 20814
Seham Saleh Carson officer: Interim CFO 3318 RAVENS ROOST, MISSOURI CITY TX 77459
Profrac Holdings Ii, Llc 10 percent owner 333 SHOPS BLVD., SUITE 301, WILLOW PARK TX 76087
Profrac Holdings, Llc 10 percent owner 333 SHOPS BLVD., SUITE 301, WILLOW PARK TX 76087
Thrc Management, Llc 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Thrc Holdings, Lp 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Staci Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437