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Australis Oil & GasASX:ATS -6.67% Price-to-Tangible-Book is 1.40 as of Aug. 30, 2026. The stock has 6 warning signs investors should review. Among 888 Oil & Gas companies, Australis Oil & Gas ranks better than 55.97% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Australis Oil & Gas Price-to-Tangible-Book Related Terms
Australis Oil & Gas Price-to-Tangible-Book Historical Data
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The historical data trend for Australis Oil & Gas's Price-to-Tangible-Book 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.
ASX:ATS vs COP, EOG, FANG: Price-to-Tangible-Book Comparison
For the Oil & Gas E&P subindustry, Australis Oil & Gas's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Australis Oil & Gas Price-to-Tangible-Book vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Australis Oil & Gas's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Australis Oil & Gas's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Australis Oil & Gas (ASX:ATS) has a Price-to-Tangible-Book of 1.40 as of Aug. 30, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Australis Oil & Gas and its competitors. According to the industry distribution chart, Australis Oil & Gas ranks #391 out of 888 companies in the Oil & Gas industry, placing it in the top 44%.
Is Australis Oil & Gas' Price-to-Tangible-Book too high?
Australis Oil & Gas' current Price-to-Tangible-Book is 1.40. The Oil & Gas industry median Price-to-Tangible-Book is 1.58. Australis Oil & Gas' value of 1.40 is 11.4% below this industry median. Based on the distribution chart, Australis Oil & Gas ranks #391 out of 888 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Australis Oil & Gas' Price-to-Tangible-Book compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Australis Oil & Gas ranks #391 out of 888 companies for Price-to-Tangible-Book. This puts Australis Oil & Gas in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.58. Australis Oil & Gas' value of 1.40 is 11.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Oil & Gas company?
The median Price-to-Tangible-Book among Oil & Gas companies is 1.58, based on 888 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Australis Oil & Gas's current Price-to-Tangible-Book of 1.40 is 11.4% below 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Australis Oil & Gas and its competitors. For the Oil & Gas industry, the median Price-to-Tangible-Book is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australis Oil & Gas's current Price-to-Tangible-Book is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australis Oil & Gas stock overvalued right now?
Australis Oil & Gas (ASX:ATS) has a current Price-to-Tangible-Book of 1.40. The current Price-to-Tangible-Book is 1.40 and 11.4% below the Oil & Gas industry median of 1.58. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Australis Oil & Gas (ASX:ATS), the current Price-to-Tangible-Book is 1.40 as of Aug. 30, 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.
Australis Oil & Gas Ltd engages in oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The Oil & Gas Production segment earns the majority of revenue. Geographically it operates in United states of America and Australia.
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