VOC Energy Trust (VOC Energy Trust) Price-to-Tangible-Book : 7.83 (As of Apr. 25, 2024)

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What is VOC Energy Trust Price-to-Tangible-Book?

As of today (2024-04-25), VOC Energy Trust's share price is $6.1601. VOC Energy Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.79. Hence, VOC Energy Trust's Price to Tangible Book Ratio of today is 7.83.

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

VOC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 1.27 Max: 11.72
Current: 7.8

During the past 13 years, VOC Energy Trust's highest Price to Tangible Book Ratio was 11.72. The lowest was 0.45. And the median was 1.27.

VOC's Price-to-Tangible-Book is ranked worse than
94.28% of 926 companies
in the Oil & Gas industry
Industry Median: 1.31 vs VOC: 7.80

A closely related ratio is called PB Ratio. As of today, VOC Energy Trust's share price is $6.1601. VOC Energy Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.79. Hence, VOC Energy Trust's P/B Ratio of today is 7.83.

VOC Energy Trust Price-to-Tangible-Book Historical Data

The historical data trend for VOC Energy 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.

VOC Energy Trust Price-to-Tangible-Book Chart

VOC Energy Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.24

1.99

4.98

11.72

9.15

VOC Energy 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															11.72	9.62	9.45	12.14	9.15

Competitive Comparison of VOC Energy Trust's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, VOC Energy 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.

VOC Energy Trust's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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

VOC Energy Trust Price-to-Tangible-Book Calculation

VOC Energy 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 )
	=	6.1601	/	0.787
	=	7.83

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.

VOC Energy Trust Price-to-Tangible-Book Related Terms

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

VOC Energy Trust (VOC Energy Trust) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002

Website

https://voc.q4web.com

VOC Energy Trust is a statutory trust. It is created to acquire and hold a term net profits interest for the benefit of the Trust unitholders. The underlying properties include VOC Brazos' net interests which are located in the states of Kansas and Texas. The trust is entitled to receive most of the net proceeds from the sale of production of oil and natural gas attributable to the underlying properties.