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Frontline (FRA:HF6) Price-to-Tangible-Book : 1.51 (As of Dec. 15, 2024)


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What is Frontline Price-to-Tangible-Book?

As of today (2024-12-15), Frontline's share price is €13.685. Frontline's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was €9.05. Hence, Frontline's Price to Tangible Book Ratio of today is 1.51.

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

FRA:HF6' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72   Med: 1.1   Max: 2.48
Current: 1.41

During the past 13 years, Frontline's highest Price to Tangible Book Ratio was 2.48. The lowest was 0.72. And the median was 1.10.

FRA:HF6's Price-to-Tangible-Book is ranked worse than
55.01% of 909 companies
in the Oil & Gas industry
Industry Median: 1.3 vs FRA:HF6: 1.41

A closely related ratio is called PB Ratio. As of today, Frontline's share price is €13.685. Frontline's Book Value per Sharefor the quarter that ended in Sep. 2024 was €9.51. Hence, Frontline's P/B Ratio of today is 1.44.


Frontline Price-to-Tangible-Book Historical Data

The historical data trend for Frontline'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.

Frontline Price-to-Tangible-Book Chart

Frontline Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 0.82 0.95 1.23 2.06

Frontline Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.01 2.06 2.31 2.58 2.24

Competitive Comparison of Frontline's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Frontline'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.


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

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

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



Frontline Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=13.685/9.049
=1.51

* 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.


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.


Frontline Price-to-Tangible-Book Related Terms

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


Frontline Business Description

Industry
Address
8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106
Frontline PLC is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline Headlines

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