Okmin Resources (Okmin Resources) Price-to-Tangible-Book : 12.50 (As of Jun. 23, 2024)

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

As of today (2024-06-23), Okmin Resources's share price is $0.05. Okmin Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.00. Hence, Okmin Resources's Price to Tangible Book Ratio of today is 12.50.

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

During the past 3 years, Okmin Resources's highest Price to Tangible Book Ratio was 44.00. The lowest was 12.50. And the median was 29.98.

OKMN's Price-to-Tangible-Book is not ranked ^*
in the Oil & Gas industry.
Industry Median: 1.275
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Okmin Resources's share price is $0.05. Okmin Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.00. Hence, Okmin Resources's P/B Ratio of today is 12.50.

Okmin Resources Price-to-Tangible-Book Historical Data

The historical data trend for Okmin 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.

Okmin Resources Price-to-Tangible-Book Chart

Okmin Resources Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

44.00

Okmin Resources Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							-	-	44.00	22.00	29.98

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

For the Oil & Gas E&P subindustry, Okmin 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.

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

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

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

Okmin Resources Price-to-Tangible-Book Calculation

Okmin 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 )
	=	0.05	/	0.004
	=	12.50

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.

Okmin Resources Price-to-Tangible-Book Related Terms

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

Okmin Resources (Okmin Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Okmin Resources Inc (OTCPK:OKMN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16501 Ventura Boulevard, Suite 400, Encino, Los Angeles, CA, USA, 91436

Website

https://www.okminresources.com

Okmin Resources Inc is a natural resource exploration stage company that seeks to acquire, explore, and develop natural resource assets. It engages in the business of the acquisition, exploration, and development of mineral rights and natural resource assets. The company's projects are located in Oklahoma and Kansas. Its projects comprise Vitt Project Kansas; West Sheppard Pool Field in North East Oklahoma; and Pushmataha in South East Oklahoma.

Executives

Roy Mansano	10 percent owner	5343 OSTROM AVE., ENCINO CA 91316
Thomas Lapinski	director	16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436
Jonathan Herzog	director, 10 percent owner, officer: President and CEO	16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436

Okmin Resources (Okmin Resources) Headlines

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