SandRidge Permian Trust (SandRidge Permian Trust) PB Ratio : 0.18 (As of Apr. 27, 2024)

SandRidge Permian Trust PB Ratio Chart

SandRidge Permian Trust Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
PB Ratio		Get a 7-Day Free Trial					1.10	0.85	0.86	0.42	1.22

SandRidge Permian Trust Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
PB Ratio	Get a 7-Day Free Trial															0.94	1.46	1.22	1.72	1.89

Competitive Comparison of SandRidge Permian Trust's PB Ratio

For the Oil & Gas E&P subindustry, SandRidge Permian Trust'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.

SandRidge Permian Trust's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where SandRidge Permian Trust's PB Ratio falls into.

SandRidge Permian Trust 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.

SandRidge Permian Trust's PB Ratio for today is calculated as follows:

* 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.

SandRidge Permian Trust  (OTCPK:PERS) 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.

SandRidge Permian Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of SandRidge Permian Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

SandRidge Permian Trust (SandRidge Permian Trust) Business Description