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SMC (Summit Midstream) Price-to-Tangible-Book : 1.12 (As of Jun. 20, 2025)


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What is Summit Midstream Price-to-Tangible-Book?

As of today (2025-06-20), Summit Midstream's share price is $26.07. Summit Midstream's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was $23.22. Hence, Summit Midstream's Price to Tangible Book Ratio of today is 1.12.

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

SMC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.06   Med: 0.79   Max: 25.33
Current: 1.12

During the past 13 years, Summit Midstream's highest Price to Tangible Book Ratio was 25.33. The lowest was 0.06. And the median was 0.79.

SMC's Price-to-Tangible-Book is ranked better than
56.11% of 900 companies
in the Oil & Gas industry
Industry Median: 1.29 vs SMC: 1.12

A closely related ratio is called PB Ratio. As of today, Summit Midstream's share price is $26.07. Summit Midstream's Book Value per Sharefor the quarter that ended in Mar. 2025 was $36.55. Hence, Summit Midstream's P/B Ratio of today is 0.71.


Summit Midstream Price-to-Tangible-Book Historical Data

The historical data trend for Summit Midstream'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.

Summit Midstream Price-to-Tangible-Book Chart

Summit Midstream Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.22 0.30 0.34 1.98

Summit Midstream Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.43 0.56 0.92 1.98 1.46

Competitive Comparison of Summit Midstream's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Summit Midstream'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.


Summit Midstream's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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


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Summit Midstream Price-to-Tangible-Book Calculation

Summit Midstream's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=26.07/23.215
=1.12

* 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.


Summit Midstream Price-to-Tangible-Book Related Terms

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


Summit Midstream Business Description

Traded in Other Exchanges
N/A
Address
910 Louisiana Street, Suite 4200, Houston, TX, USA, 77002
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in four unconventional resource basins: the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.
Executives
J Heath Deneke director, officer: See remarks below. 700 LOUISIANA STREET, SUITE 2550, HOUSTON TX 77002
Jerry L Peters director, other: See Remarks 1811 AKSARBEN DRIVE, OMAHA NE 68106
James David Johnston officer: See remarks below. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
Rommel M. Oates director, other: See Remarks. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
William J. Mault officer: See remarks below. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
Matthew B. Sicinski officer: See remarks below. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
James J Cleary director, other: See Remarks. 12 E. 49TH STREET, 39TH FLOOR, NEW YORK NY 10017
Robert Joseph Mcnally director, other: See Remarks. 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Marguerite Woung-chapman director, other: See Remarks. 1001 LOUISIANA, HOUSTON TX 77002
Christopher M Leininger director, other: See Remarks. 11943 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Francesco Ciabatti director, other: See Remarks. 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
James Lee Jacobe director, other: See Remarks. 1790 HUGHES LANDING BLVD., SUITE 500, THE WOODLANDS TX 77380
Energy Capital Partners Ii (summit Co-invest), Lp director, 10 percent owner C/O ENERGY CAPITAL PARTNERS II, 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Energy Capital Partners Ii-c (summit Ip), Lp director, 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 1250, SHORT HILLS NJ 07078
Energy Capital Partners Ii-b Ip, Lp director, 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 1250, SHORT HILLS NJ 07078