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Norris Industries (Norris Industries) Price-to-Tangible-Book : (As of May. 19, 2024)


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What is Norris Industries Price-to-Tangible-Book?

As of today (2024-05-19), Norris Industries's share price is $0.055. Norris Industries's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $-0.05. Hence, Norris Industries's Price to Tangible Book Ratio of today is .

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

During the past 9 years, Norris Industries's highest Price to Tangible Book Ratio was 100.00. The lowest was 11.43. And the median was 26.95.

NRIS's Price-to-Tangible-Book is not ranked *
in the Oil & Gas industry.
Industry Median: 1.355
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Norris Industries's share price is $0.055. Norris Industries's Book Value per Sharefor the quarter that ended in Nov. 2023 was $-0.05. Hence, Norris Industries's P/B Ratio of today is .


Norris Industries Price-to-Tangible-Book Historical Data

The historical data trend for Norris Industries'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.

Norris Industries Price-to-Tangible-Book Chart

Norris Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 11.43 - - - -

Norris Industries Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

Competitive Comparison of Norris Industries's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Norris Industries'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.


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

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

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



Norris Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=0.055/-0.052
=

* 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.


Norris Industries Price-to-Tangible-Book Related Terms

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


Norris Industries (Norris Industries) Business Description

Traded in Other Exchanges
N/A
Address
102 Palo Pinto Street, Suite B, Weatherford, TX, USA, 76086
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, and Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
Executives
Patrick L. Norris director, 10 percent owner, officer: CEO, Pres, Sec, Treasurer 409 TERRELL CRT, NEW IBERIA LA 90563
Ross Henry Ramsey director, officer: President, CEO, CFO 401 BOYD DR #3116, GRAPEVINE TX 76051
Benjamin B Tran director 49 MONTEREY PINE DR., NEWPORT COAST CA 92657

Norris Industries (Norris Industries) Headlines

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