PRMRF (Paramount Resources) Price-to-Tangible-Book : 0.76 (As of May. 15, 2025)

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

As of today (2025-05-15), Paramount Resources's share price is $13.38. Paramount Resources's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was $17.66. Hence, Paramount Resources's Price to Tangible Book Ratio of today is 0.76.

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

PRMRF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 1.1 Max: 1.31
Current: 0.74

During the past 13 years, Paramount Resources's highest Price to Tangible Book Ratio was 1.31. The lowest was 0.32. And the median was 1.10.

PRMRF's Price-to-Tangible-Book is ranked better than
69.27% of 898 companies
in the Oil & Gas industry
Industry Median: 1.2 vs PRMRF: 0.74

A closely related ratio is called PB Ratio. As of today, Paramount Resources's share price is $13.38. Paramount Resources's Book Value per Sharefor the quarter that ended in Dec. 2024 was $17.66. Hence, Paramount Resources's P/B Ratio of today is 0.76.

Paramount Resources Price-to-Tangible-Book Historical Data

The historical data trend for Paramount 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.

Paramount Resources Price-to-Tangible-Book Chart

Paramount Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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0.33

1.33

1.21

1.08

1.25

Paramount Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.08	1.12	1.24	1.07	1.25

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

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

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

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

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

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Paramount Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	13.38	/	17.656
	=	0.76

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.

Paramount Resources Price-to-Tangible-Book Related Terms

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

Paramount Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paramount Resources Ltd (OTCPK:PRMRF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PQ51:Germany POU:Canada

Address

888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5

Website

https://www.paramountres.com

Paramount Resources Ltd is a Canadian energy company that explores and develops both conventional and unconventional petroleum and natural gas. The company explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. Its primary focus in the Grande Prairie Region is its Karr and Wapiti Montney properties. Kaybob Region includes the Kaybob North Duvernay development and other natural gas and oil-producing properties. The Central Alberta and Other Region includes the Willesden Green Duvernay development in central Alberta and shale gas properties in the Horn River Basin and Liard Basin in northeast British Columbia.