Touchstone Exploration (Touchstone Exploration) Price-to-Tangible-Book : 2.08 (As of Apr. 25, 2024)

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What is Touchstone Exploration Price-to-Tangible-Book?

As of today (2024-04-25), Touchstone Exploration's share price is $0.53. Touchstone Exploration's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.26. Hence, Touchstone Exploration's Price to Tangible Book Ratio of today is 2.08.

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

PBEGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.24 Med: 1.21 Max: 5.93
Current: 2.12

During the past 13 years, Touchstone Exploration's highest Price to Tangible Book Ratio was 5.93. The lowest was 0.24. And the median was 1.21.

PBEGF's Price-to-Tangible-Book is ranked worse than
70.84% of 926 companies
in the Oil & Gas industry
Industry Median: 1.31 vs PBEGF: 2.12

A closely related ratio is called PB Ratio. As of today, Touchstone Exploration's share price is $0.53. Touchstone Exploration's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.26. Hence, Touchstone Exploration's P/B Ratio of today is 2.08.

Touchstone Exploration Price-to-Tangible-Book Historical Data

The historical data trend for Touchstone Exploration'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.

Touchstone Exploration Price-to-Tangible-Book Chart

Touchstone Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.71

5.94

4.02

1.99

2.12

Touchstone Exploration 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															1.99	2.41	2.37	2.22	2.12

Competitive Comparison of Touchstone Exploration's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Touchstone Exploration'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.

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

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

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

Touchstone Exploration Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.53	/	0.255
	=	2.08

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.

Touchstone Exploration Price-to-Tangible-Book Related Terms

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

Touchstone Exploration (Touchstone Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Touchstone Exploration Inc (OTCPK:PBEGF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TXP:UK PNW1:Germany TXP:Canada

Address

350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9

Website

https://www.touchstoneexploration.com

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.