TNPPD.PFD (Tsakos Energy Navigation) PB Ratio : (As of Dec. 15, 2024)

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What is Tsakos Energy Navigation PB Ratio?

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. As of today (2024-12-15), Tsakos Energy Navigation's share price is $25.23. Tsakos Energy Navigation's Book Value per Share for the quarter that ended in Sep. 2024 was $0.00. Hence, Tsakos Energy Navigation's PB Ratio of today is .

Good Sign:

Tsakos Energy Navigation Ltd stock PB Ratio (=0.31) is close to 2-year low of 0.3

The historical rank and industry rank for Tsakos Energy Navigation's PB Ratio or its related term are showing as below:

TNPpD.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.27 Max: 0.71
Current: 0.31

During the past 13 years, Tsakos Energy Navigation's highest PB Ratio was 0.71. The lowest was 0.09. And the median was 0.27.

TNPpD.PFD's PB Ratio is ranked better than
91.83% of 955 companies
in the Oil & Gas industry
Industry Median: 1.17 vs TNPpD.PFD: 0.31

During the past 12 months, Tsakos Energy Navigation's average Book Value Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tsakos Energy Navigation was 29.30% per year. The lowest was -16.00% per year. And the median was -0.55% per year.

Back to Basics: PB Ratio

Tsakos Energy Navigation PB Ratio Historical Data

The historical data trend for Tsakos Energy Navigation'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.

* Premium members only.

Tsakos Energy Navigation PB Ratio Chart

Tsakos Energy Navigation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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Tsakos Energy Navigation Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Tsakos Energy Navigation's PB Ratio

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation'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.

Tsakos Energy Navigation's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tsakos Energy Navigation's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tsakos Energy Navigation's PB Ratio falls into.

Tsakos Energy Navigation PB Ratio Calculation

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.

Tsakos Energy Navigation's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	25.23	/
	=

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Tsakos Energy Navigation (NYSE:TNPpD.PFD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.

Tsakos Energy Navigation PB Ratio Related Terms

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Tsakos Energy Navigation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tsakos Energy Navigation Ltd (NYSE:TNPpD.PFD) » Definitions » PB Ratio

Comparable Companies

NGL NAT PBT TK EE SMC SBR DLNG MMLP BROG TSX:ENB WMB EPD OKE ET KMI TSX:TRP MPLX LNG TRGP

Traded in Other Exchanges

TENpF.PFD:USA TENpE.PFD:USA TEN:USA TK41:Germany TK41:Germany

Address

367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64

Website

https://www.tenn.gr

Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.