TransGlobe Energy (TSX:TGL) Price-to-Tangible-Book : 1.16 (As of May. 06, 2024)

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What is TransGlobe Energy Price-to-Tangible-Book?

As of today (2024-05-06), TransGlobe Energy's share price is C$5.06. TransGlobe Energy's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was C$4.37. Hence, TransGlobe Energy's Price to Tangible Book Ratio of today is 1.16.

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

TSX:TGL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17 Med: 1.22 Max: 7.13
Current: 1.09

During the past 13 years, TransGlobe Energy's highest Price to Tangible Book Ratio was 7.13. The lowest was 0.17. And the median was 1.22.

TSX:TGL's Price-to-Tangible-Book is not ranked
in the Oil & Gas industry.
Industry Median: 1.33 vs TSX:TGL: 1.09

A closely related ratio is called PB Ratio. As of today, TransGlobe Energy's share price is C$5.06. TransGlobe Energy's Book Value per Sharefor the quarter that ended in Jun. 2022 was C$4.37. Hence, TransGlobe Energy's P/B Ratio of today is 1.16.

TransGlobe Energy Price-to-Tangible-Book Historical Data

The historical data trend for TransGlobe Energy'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.

TransGlobe Energy Price-to-Tangible-Book Chart

TransGlobe Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.51

0.62

0.46

0.50

1.21

TransGlobe Energy Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.03	0.92	1.21	1.19	1.00

Competitive Comparison of TransGlobe Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, TransGlobe Energy'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.

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

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

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

TransGlobe Energy Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2022 )
	=	5.06	/	4.37
	=	1.16

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.

TransGlobe Energy Price-to-Tangible-Book Related Terms

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

TransGlobe Energy (TSX:TGL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

444 - 5th Street SW, Suit 900, Calgary, AB, CAN, T2P 2T8

Website

http://www.trans-globe.com

TransGlobe Energy Corp and its subsidiaries are engaged in oil and natural gas exploration, development and production, and the acquisition of oil and natural gas properties in Egypt and Alberta, Canada. The company has two reportable segments namely, the Arab Republic of Egypt and Canada. The company holds 100% working interests in four Production Sharing Concessions in Egypt, namely, West Gharib Concession, North West Gharib Concession, West Bakr Concession and South Ghazalat Concession.