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Spindletop Oil & Gas Co (Spindletop Oil & Gas Co) Price-to-Tangible-Book : 1.14 (As of May. 05, 2024)


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What is Spindletop Oil & Gas Co Price-to-Tangible-Book?

As of today (2024-05-05), Spindletop Oil & Gas Co's share price is $2.90. Spindletop Oil & Gas Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.55. Hence, Spindletop Oil & Gas Co's Price to Tangible Book Ratio of today is 1.14.

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

SPND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75   Med: 1.31   Max: 1.51
Current: 1.14

During the past 13 years, Spindletop Oil & Gas Co's highest Price to Tangible Book Ratio was 1.51. The lowest was 0.75. And the median was 1.31.

SPND's Price-to-Tangible-Book is ranked better than
58.71% of 930 companies
in the Oil & Gas industry
Industry Median: 1.32 vs SPND: 1.14

A closely related ratio is called PB Ratio. As of today, Spindletop Oil & Gas Co's share price is $2.90. Spindletop Oil & Gas Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.55. Hence, Spindletop Oil & Gas Co's P/B Ratio of today is 1.14.


Spindletop Oil & Gas Co Price-to-Tangible-Book Historical Data

The historical data trend for Spindletop Oil & Gas Co'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.

Spindletop Oil & Gas Co Price-to-Tangible-Book Chart

Spindletop Oil & Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.06 1.43 1.51 1.18

Spindletop Oil & Gas Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.51 1.04 1.17 1.11 1.18

Competitive Comparison of Spindletop Oil & Gas Co's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Spindletop Oil & Gas Co'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.


Spindletop Oil & Gas Co's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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



Spindletop Oil & Gas Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.90/2.55
=1.14

* 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.


Spindletop Oil & Gas Co Price-to-Tangible-Book Related Terms

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


Spindletop Oil & Gas Co (Spindletop Oil & Gas Co) Business Description

Traded in Other Exchanges
N/A
Address
12850 Spurling Road, Suite 200, One Spindletop Centre, Dallas, TX, USA, 75230-1279
Spindletop Oil & Gas Co is an independent oil and gas company. The firm has three business segments: oil and gas exploration, acquisition, production, and operations; transportation and compression of natural gas and commercial real estate investment. It generates maximum revenue from the oil and gas exploration, acquisition, production, and operations segment.
Executives
Paul E. Cash other: Former Director 347 TRIPP RD., SUNNYVALE TX 75182

Spindletop Oil & Gas Co (Spindletop Oil & Gas Co) Headlines

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