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Tamboran ResourcesTBN +1.80%14 PB Ratio is 1.85 as of Jul. 14, 2026. GuruFocus rates TBN with a GF Score™ of 14/100. Among 924 Oil & Gas companies, Tamboran Resources ranks worse than 61.58% on this metric.
The historical rank and industry rank for Tamboran Resources's PB Ratio or its related term are showing as below:
TBN'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.85
Current: 1.85
During the past 6 years, Tamboran Resources's highest PB Ratio was 1.85. The lowest was 0.00. And the median was 0.00.
TBN's PB Ratio is ranked worse than 61.58% of 924
companies
in the Oil & Gas industry
Industry Median: 1.445
vs TBN: 1.85
During the past 12 months, Tamboran Resources's average Book Value Per Share Growth Rate was -8.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 370.70% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Tamboran Resources was 397.80% per year. The lowest was 370.70% per year. And the median was 384.25% per year.
Back to Basics: PB Ratio
Tamboran Resources (NYSE:TBN) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Tamboran Resources PB Ratio Related Terms
Tamboran Resources PB Ratio Historical Data
* Premium members only.
The historical data trend for Tamboran Resources's PB Ratio 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.
For the Oil & Gas E&P subindustry, Tamboran Resources's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Tamboran Resources PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tamboran Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tamboran Resources's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Tamboran Resources (TBN) has a PB Ratio of 1.85 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tamboran Resources and its competitors. According to the industry distribution chart, Tamboran Resources ranks #569 out of 924 companies in the Oil & Gas industry, placing it in the top 61.6%.
Is Tamboran Resources' PB Ratio too high?
Tamboran Resources' current PB Ratio is 1.85. The Oil & Gas industry median PB Ratio is 1.45. Tamboran Resources' value of 1.85 is 28% above this industry median. Based on the distribution chart, Tamboran Resources ranks #569 out of 924 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Tamboran Resources has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tamboran Resources' PB Ratio compare to DMLP and KOS?
According to the Oil & Gas industry distribution chart, Tamboran Resources ranks #569 out of 924 companies for PB Ratio. This places Tamboran Resources in the lower half of its industry. The industry median PB Ratio is 1.45. Tamboran Resources' value of 1.85 is 28% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.45, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tamboran Resources's current PB Ratio of 1.85 is 28% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tamboran Resources and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamboran Resources's current PB Ratio is 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamboran Resources stock overvalued right now?
Tamboran Resources (TBN) has a current PB Ratio of 1.85. The current PB Ratio is 1.85 and 28% above the Oil & Gas industry median of 1.45. Tamboran Resources' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Tamboran Resources (TBN), the current PB Ratio is 1.85 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory. The group is in the exploration and appraisal stage, focusing on its primary assets consisting of rights to working interests in exploration acreage in the Beetaloo sub-basin, Northern Territory, Australia.
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