As of today (2024-04-26), Unit's share price is $39.00. Unit's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $26.04. Hence, Unit's Price to Tangible Book Ratio of today is 1.50.
The historical rank and industry rank for Unit's Price-to-Tangible-Book or its related term are showing as below:
UNTC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.46 Med: 1.66 Max: 1.73
Current: 1.5
During the past 13 years, Unit's highest Price to Tangible Book Ratio was 1.73. The lowest was 1.46. And the median was 1.66.
UNTC's Price-to-Tangible-Book is ranked worse than 55.03% of 925
companies
in the Oil & Gas industry
Industry Median: 1.31
vs UNTC: 1.50
A closely related ratio is called PB Ratio. As of today, Unit's share price is $39.00. Unit's Book Value per Sharefor the quarter that ended in Dec. 2023 was $26.04. Hence, Unit's P/B Ratio of today is 1.50.
Unit Price-to-Tangible-Book Historical Data
The historical data trend for Unit'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.
Competitive Comparison of Unit's Price-to-Tangible-Book
For the Oil & Gas Integrated subindustry, Unit'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.
Unit's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Unit's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Unit's Price-to-Tangible-Book falls into.
Unit Price-to-Tangible-Book Calculation
Unit'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.
Unit Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Unit's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
UNTC has been successfully added to your 