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 (2025-06-21), Summit Midstream's share price is $26.07. Summit Midstream's Book Value per Share for the quarter that ended in Mar. 2025 was $36.55. Hence, Summit Midstream's PB Ratio of today is 0.71.
The historical rank and industry rank for Summit Midstream's PB Ratio or its related term are showing as below:
SMC'
s PB Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.48 Max: 15.02
Current: 0.71
During the past 13 years, Summit Midstream's highest PB Ratio was 15.02. The lowest was 0.04. And the median was 0.48.
SMC's PB Ratio is ranked better than 71.4% of 958
companies
in the Oil & Gas industry
Industry Median: 1.21
vs SMC: 0.71
During the past 12 months, Summit Midstream's average Book Value Per Share Growth Rate was -54.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -35.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Summit Midstream was 77.50% per year. The lowest was -35.70% per year. And the median was 26.80% per year.
Back to Basics: PB Ratio
Summit Midstream PB Ratio Historical Data
The historical data trend for Summit Midstream'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.
Competitive Comparison of Summit Midstream's PB Ratio
For the Oil & Gas Midstream subindustry, Summit Midstream'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.
Summit Midstream's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Summit Midstream's PB Ratio distribution charts can be found below:
* The bar in red indicates where Summit Midstream'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.
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.
Summit Midstream PB Ratio Related Terms
Thank you for viewing the detailed overview of Summit Midstream's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in four unconventional resource basins: the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SMC has been successfully added to your 