Xstate Resources (ASX:XST) Price-to-Tangible-Book : 1.29 (As of Jun. 24, 2024)

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What is Xstate Resources Price-to-Tangible-Book?

As of today (2024-06-24), Xstate Resources's share price is A$0.009. Xstate Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.01. Hence, Xstate Resources's Price to Tangible Book Ratio of today is 1.29.

The historical rank and industry rank for Xstate Resources's Price-to-Tangible-Book or its related term are showing as below:

ASX:XST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 3.33 Max: 30
Current: 0.9

During the past 13 years, Xstate Resources's highest Price to Tangible Book Ratio was 30.00. The lowest was 0.90. And the median was 3.33.

ASX:XST's Price-to-Tangible-Book is ranked better than
64.06% of 921 companies
in the Oil & Gas industry
Industry Median: 1.26 vs ASX:XST: 0.90

A closely related ratio is called PB Ratio. As of today, Xstate Resources's share price is A$0.009. Xstate Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.01. Hence, Xstate Resources's P/B Ratio of today is 1.29.

Xstate Resources Price-to-Tangible-Book Historical Data

The historical data trend for Xstate Resources'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.

* Premium members only.

Xstate Resources Price-to-Tangible-Book Chart

Xstate Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

12.50

3.33

0.91

1.86

Xstate Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.33	4.00	0.91	9.00	1.86

Competitive Comparison of Xstate Resources's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Xstate Resources'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.

Xstate Resources's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Xstate Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xstate Resources's Price-to-Tangible-Book falls into.

Xstate Resources Price-to-Tangible-Book Calculation

Xstate Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.009	/	0.007
	=	1.29

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Be Aware

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.

Xstate Resources Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Xstate Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Xstate Resources (ASX:XST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Xstate Resources Ltd (ASX:XST) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 31 Cliff Street, Fremantle, WA, AUS, 6160

Website

https://www.xstateresources.com.au

Xstate Resources Ltd is engaged in oil and gas exploration. The Group currently operates in three operating segments: (i) Oil & gas exploration activities on-shore the United States of America, (ii) Oil & gas exploration activities on-shore Austria, and (iii) Oil & gas production activities on-shore Canada. It holds various working interests in a small number of producing gas wells and, more importantly, associated land leases and production and pipeline access equipment in the Sacramento Basin, California.

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