What is Source Energy Services Price-to-Tangible-Book?
As of today (2024-04-25), Source Energy Services's share price is C$16.12. Source Energy Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$12.49. Hence, Source Energy Services's Price to Tangible Book Ratio of today is 1.29.
The historical rank and industry rank for Source Energy Services's Price-to-Tangible-Book or its related term are showing as below:
TSX:SHLE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.07 Med: 0.65 Max: 4.52
Current: 1.29
During the past 10 years, Source Energy Services's highest Price to Tangible Book Ratio was 4.52. The lowest was 0.07. And the median was 0.65.
TSX:SHLE's Price-to-Tangible-Book is ranked better than 54.97% of 926
companies
in the Oil & Gas industry
Industry Median: 1.31
vs TSX:SHLE: 1.29
A closely related ratio is called PB Ratio. As of today, Source Energy Services's share price is C$16.12. Source Energy Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$12.49. Hence, Source Energy Services's P/B Ratio of today is 1.29.
Source Energy Services Price-to-Tangible-Book Historical Data
The historical data trend for Source Energy Services'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.
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Source Energy Services Price-to-Tangible-Book Chart
Competitive Comparison of Source Energy Services's Price-to-Tangible-Book
For the Oil & Gas Equipment & Services subindustry, Source Energy Services'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.
Source Energy Services's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Source Energy Services's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Source Energy Services's Price-to-Tangible-Book falls into.
Source Energy Services Price-to-Tangible-Book Calculation
Source Energy Services'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.
Source Energy Services Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Source Energy Services's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Source Energy Services (TSX:SHLE) Business Description
Source Energy Services Ltd is a Canada based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system. The geographical segments of the group are the US Operations and Canadian Operations.
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