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DNO ASA (DNO ASA) PB Ratio : 0.78 (As of Apr. 28, 2024)


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What is DNO ASA 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 (2024-04-28), DNO ASA's share price is $0.992. DNO ASA's Book Value per Share for the quarter that ended in Dec. 2023 was $1.27. Hence, DNO ASA's PB Ratio of today is 0.78.

The historical rank and industry rank for DNO ASA's PB Ratio or its related term are showing as below:

DTNOF' s PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.61   Max: 5.42
Current: 0.78

During the past 13 years, DNO ASA's highest PB Ratio was 5.42. The lowest was 0.26. And the median was 1.61.

DTNOF's PB Ratio is ranked better than
70.53% of 991 companies
in the Oil & Gas industry
Industry Median: 1.23 vs DTNOF: 0.78

During the past 12 months, DNO ASA's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of DNO ASA was 156.50% per year. The lowest was -11.50% per year. And the median was 21.00% per year.

Back to Basics: PB Ratio


DNO ASA PB Ratio Historical Data

The historical data trend for DNO ASA'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.

DNO ASA PB Ratio Chart

DNO ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 0.91 1.13 0.91 0.79

DNO ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.69 0.65 0.80 0.79

Competitive Comparison of DNO ASA's PB Ratio

For the Oil & Gas E&P subindustry, DNO ASA'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.


DNO ASA's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where DNO ASA's PB Ratio falls into.



DNO ASA 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.

DNO ASA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.992/1.266
=0.78

* 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.


DNO ASA  (OTCPK:DTNOF) 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.


DNO ASA PB Ratio Related Terms

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DNO ASA (DNO ASA) Business Description

Address
Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (DNO ASA) Headlines

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