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DHT HoldingsDHT +1.93%63 Price-to-Tangible-Book is 2.44 as of Sep. 02, 2026. GuruFocus rates DHT with a GF Score™ of 63/100 and a GF Value™ of $15.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 886 Oil & Gas companies, DHT Holdings ranks worse than 68.28% 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.
DHT Holdings Price-to-Tangible-Book Related Terms
DHT Holdings Price-to-Tangible-Book Historical Data
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The historical data trend for DHT Holdings'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.
DHT vs TNK, STNG, SUNC: Price-to-Tangible-Book Comparison
For the Oil & Gas Midstream subindustry, DHT Holdings'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.
DHT Holdings Price-to-Tangible-Book vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DHT Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where DHT Holdings'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.
DHT Holdings (DHT) has a Price-to-Tangible-Book of 2.44 as of Sep. 02, 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 DHT Holdings and its competitors. According to the industry distribution chart, DHT Holdings ranks #605 out of 886 companies in the Oil & Gas industry, placing it in the top 68.3%.
Is DHT Holdings' Price-to-Tangible-Book too high?
DHT Holdings' current Price-to-Tangible-Book is 2.44. The Oil & Gas industry median Price-to-Tangible-Book is 1.61. DHT Holdings' value of 2.44 is 51.6% above this industry median. Based on the distribution chart, DHT Holdings ranks #605 out of 886 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DHT Holdings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Price-to-Tangible-Book compare to TNK and STNG?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #605 out of 886 companies for Price-to-Tangible-Book. This places DHT Holdings in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.61. DHT Holdings' value of 2.44 is 51.6% above 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 1.61, based on 886 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. DHT Holdings's current Price-to-Tangible-Book of 2.44 is 51.6% above 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 DHT Holdings and its competitors. For the Oil & Gas industry, the median Price-to-Tangible-Book is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Price-to-Tangible-Book is 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.08, compared to a current price of $20.07 — trading 33.1% above its estimated fair value. The current Price-to-Tangible-Book is 2.44 and 51.6% above the Oil & Gas industry median of 1.61. DHT Holdings' overall GF Score™ is 63/100 with 6 warning signs to review. 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 DHT Holdings (DHT), the current Price-to-Tangible-Book is 2.44 as of Sep. 02, 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.
Is DHT Holdings (DHT) Overvalued in 2026?
Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued.
The current stock price of $20.07 is trading 33.1% above its estimated GF Value™ of $15.08.
GuruFocus considers DHT Holdings to be Significantly Overvalued.
Key valuation signals for DHT:
Price-to-Tangible-Book: 2.44
GF Value™: $15.08 vs. price of $20.07 (33.1% above fair value)
Industry Position: 51.6% above the Oil & Gas median (#605 of 886)
No single metric tells the full story. See the DHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
63GF Score
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