As of today (2025-05-07), PEDEVCO's share price is $0.539849. PEDEVCO's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was $1.35. Hence, PEDEVCO's Price to Tangible Book Ratio of today is 0.40.
The historical rank and industry rank for PEDEVCO's Price-to-Tangible-Book or its related term are showing as below:
PED'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 0.93 Max: 1.45
Current: 0.4
During the past 13 years, PEDEVCO's highest Price to Tangible Book Ratio was 1.45. The lowest was 0.39. And the median was 0.93.
PED's Price-to-Tangible-Book is ranked better than 86.53% of 898
companies
in the Oil & Gas industry
Industry Median: 1.14
vs PED: 0.40
A closely related ratio is called PB Ratio. As of today, PEDEVCO's share price is $0.539849. PEDEVCO's Book Value per Sharefor the quarter that ended in Dec. 2024 was $1.35. Hence, PEDEVCO's P/B Ratio of today is 0.40.
PEDEVCO Price-to-Tangible-Book Historical Data
The historical data trend for PEDEVCO'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.
Competitive Comparison of PEDEVCO's Price-to-Tangible-Book
For the Oil & Gas E&P subindustry, PEDEVCO'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.
PEDEVCO's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PEDEVCO's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where PEDEVCO'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.
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.
PEDEVCO Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of PEDEVCO's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
PEDEVCO Corp is an oil and gas company focused on oil and natural gas development, exploration, and production. The company focuses on legacy properties where there is a long production history, well-defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The current properties of the company are located in the San Andres formation of the Permian Basin, situated in West Texas and eastern New Mexico (the Permian Basin), and in the Denver-Julesberg Basin (D-J Basin) in Colorado and Wyoming.
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