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Prominence EnergyASX:PRM Price-to-Tangible-Book is 0.25 as of Sep. 15, 2026. The stock has 1 warning sign investors should review. Among 888 Oil & Gas companies, Prominence Energy ranks worse than 112612.5% on this metric.
The historical rank and industry rank for Prominence Energy's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Prominence Energy's highest Price to Tangible Book Ratio was 6.36. The lowest was 0.32. And the median was 1.00.
ASX:PRM's Price-to-Tangible-Book is not ranked *
in the Oil & Gas industry.
Industry Median: 1.63 * Ranked among companies with meaningful Price-to-Tangible-Book only.
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.
Prominence Energy Price-to-Tangible-Book Related Terms
Prominence Energy Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Prominence Energy'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:PRM vs COP, EOG, OXY: Price-to-Tangible-Book Comparison
For the Oil & Gas E&P subindustry, Prominence Energy'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.
Prominence Energy Price-to-Tangible-Book vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Prominence Energy's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Prominence Energy'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.
Prominence Energy (ASX:PRM) has a Price-to-Tangible-Book of 0.25 as of Sep. 15, 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 Prominence Energy and its competitors. According to the industry distribution chart, Prominence Energy ranks #999999 out of 888 companies in the Oil & Gas industry.
Is Prominence Energy's Price-to-Tangible-Book too high?
Prominence Energy's current Price-to-Tangible-Book is 0.25. The Oil & Gas industry median Price-to-Tangible-Book is 1.63. Prominence Energy's value of 0.25 is 84.7% below this industry median. Based on the distribution chart, Prominence Energy ranks #999999 out of 888 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Prominence Energy's Price-to-Tangible-Book compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Prominence Energy ranks #999999 out of 888 companies for Price-to-Tangible-Book. This places Prominence Energy in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.63. Prominence Energy's value of 0.25 is 84.7% 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 1.63, 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. Prominence Energy's current Price-to-Tangible-Book of 0.25 is 84.7% 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 Prominence Energy and its competitors. For the Oil & Gas industry, the median Price-to-Tangible-Book is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prominence Energy's current Price-to-Tangible-Book is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prominence Energy stock overvalued right now?
Prominence Energy (ASX:PRM) has a current Price-to-Tangible-Book of 0.25. The current Price-to-Tangible-Book is 0.25 and 84.7% below the Oil & Gas industry median of 1.63. 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 Prominence Energy (ASX:PRM), the current Price-to-Tangible-Book is 0.25 as of Sep. 15, 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.
Prominence Energy Ltd is an oil and gas exploration company. It is engaged in the exploration, development, and production of oil and gas projects. Its project includes Bowsprit Oil. The company's geographical segment includes Australia and United States of America. It derives a majority of revenue from USA.
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