New Zealand Oil & Gas (New Zealand Oil & Gas) Price-to-Tangible-Book : 0.45 (As of May. 04, 2024)

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What is New Zealand Oil & Gas Price-to-Tangible-Book?

As of today (2024-05-04), New Zealand Oil & Gas's share price is $0.20. New Zealand Oil & Gas's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.45. Hence, New Zealand Oil & Gas's Price to Tangible Book Ratio of today is 0.45.

The historical rank and industry rank for New Zealand Oil & Gas's Price-to-Tangible-Book or its related term are showing as below:

NZEOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51 Med: 0.66 Max: 0.98
Current: 0.65

During the past 13 years, New Zealand Oil & Gas's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.51. And the median was 0.66.

NZEOF's Price-to-Tangible-Book is ranked better than
81.18% of 930 companies
in the Oil & Gas industry
Industry Median: 1.31 vs NZEOF: 0.65

A closely related ratio is called PB Ratio. As of today, New Zealand Oil & Gas's share price is $0.20. New Zealand Oil & Gas's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.46. Hence, New Zealand Oil & Gas's P/B Ratio of today is 0.44.

New Zealand Oil & Gas Price-to-Tangible-Book Historical Data

The historical data trend for New Zealand Oil & Gas'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.

New Zealand Oil & Gas Price-to-Tangible-Book Chart

New Zealand Oil & Gas Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.64

0.68

0.97

0.84

0.45

New Zealand Oil & Gas Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.70	0.84	0.53	0.45	0.47

Competitive Comparison of New Zealand Oil & Gas's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, New Zealand Oil & Gas'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.

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

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

* The bar in red indicates where New Zealand Oil & Gas's Price-to-Tangible-Book falls into.

New Zealand Oil & Gas Price-to-Tangible-Book Calculation

New Zealand Oil & Gas's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.20	/	0.449
	=	0.45

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.

New Zealand Oil & Gas Price-to-Tangible-Book Related Terms

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

New Zealand Oil & Gas (New Zealand Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New Zealand Oil & Gas Ltd (OTCPK:NZEOF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NZO:New Zealand NZO:Australia

Address

36 Tennyson Street, Level 1, Wellington, NZL, 6011

Website

https://www.nzog.com

New Zealand Oil & Gas Ltd is an oil and gas exploration and production company with producing assets in New Zealand. It operates through Kupe Oil and Gas Field, Oil and Gas Exploration, and Cue Energy Resources Limited segments. The company generates maximum revenue from Cue Energy Resources Limited. It has a presence in Indonesia and Australia.