Teekay (Teekay) Price-to-Tangible-Book : 0.96 (As of Apr. 26, 2024)

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What is Teekay Price-to-Tangible-Book?

As of today (2024-04-26), Teekay's share price is $7.50. Teekay's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.78. Hence, Teekay's Price to Tangible Book Ratio of today is 0.96.

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

TK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49 Med: 1.01 Max: 4.42
Current: 0.96

During the past 13 years, Teekay's highest Price to Tangible Book Ratio was 4.42. The lowest was 0.49. And the median was 1.01.

TK's Price-to-Tangible-Book is ranked better than
67.24% of 925 companies
in the Oil & Gas industry
Industry Median: 1.31 vs TK: 0.96

A closely related ratio is called PB Ratio. As of today, Teekay's share price is $7.50. Teekay's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.05. Hence, Teekay's P/B Ratio of today is 0.93.

Teekay Price-to-Tangible-Book Historical Data

The historical data trend for Teekay'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.

Teekay Price-to-Tangible-Book Chart

Teekay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.34

0.49

0.65

0.75

0.92

Teekay 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															0.75	0.93	0.85	0.83	0.92

Competitive Comparison of Teekay's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Teekay'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.

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

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

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

Teekay Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.50	/	7.778
	=	0.96

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.

Teekay Price-to-Tangible-Book Related Terms

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

Teekay (Teekay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (NYSE:TK) » Definitions » Price-to-Tangible-Book

Comparable Companies

TNP NGL PBT OSG EE SMLP BROG NVGS DLNG MMLP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

TK:Mexico TCD:Germany TCD:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.