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State GasSTGSF 33 Price-to-Tangible-Book is 2.85 as of Sep. 04, 2026. GuruFocus rates STGSF with a GF Score™ of 33/100. The stock has 5 warning signs investors should review. Among 887 Oil & Gas companies, State Gas ranks better than 99.55% on this metric.
As of today (2026-09-04), State Gas's share price is $0.1995. State Gas's Tangible Book per Share of Dec. 2025 for the quarter that ended in Dec. 2025 was $0.07. Hence, State Gas's Price to Tangible Book Ratio of today is 2.85.
The historical rank and industry rank for State Gas's Price-to-Tangible-Book or its related term are showing as below:
STGSF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.1 Med: 1.85 Max: 17.6
Current: 0.1
During the past 8 years, State Gas's highest Price to Tangible Book Ratio was 17.60. The lowest was 0.10. And the median was 1.85.
STGSF's Price-to-Tangible-Book is ranked better than 99.55% of 887
companies
in the Oil & Gas industry
Industry Median: 1.65
vs STGSF: 0.10
A closely related ratio is called PB Ratio. As of today, State Gas's share price is $0.1995. State Gas's Book Value per Sharefor the quarter that ended in Dec. 2025 was $0.07. Hence, State Gas's P/B Ratio of today is 2.85.
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.
State Gas Price-to-Tangible-Book Related Terms
State Gas Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for State 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.
STGSF vs COP, EOG, OXY: Price-to-Tangible-Book Comparison
For the Oil & Gas E&P subindustry, State 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.
State Gas Price-to-Tangible-Book vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, State Gas's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where State Gas'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.
State Gas (STGSF) has a Price-to-Tangible-Book of 2.85 as of Sep. 04, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on State Gas and its competitors. According to the industry distribution chart, State Gas ranks #4 out of 887 companies in the Oil & Gas industry, placing it in the top 0.5%.
Is State Gas' Price-to-Tangible-Book too high?
State Gas' current Price-to-Tangible-Book is 2.85. The Oil & Gas industry median Price-to-Tangible-Book is 1.65. State Gas' value of 2.85 is 72.7% above this industry median. Based on the distribution chart, State Gas ranks #4 out of 887 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, State Gas has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does State Gas' Price-to-Tangible-Book compare to COP and EOG?
According to the Oil & Gas industry distribution chart, State Gas ranks #4 out of 887 companies for Price-to-Tangible-Book. This places State Gas in the top 1% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.65. State Gas' value of 2.85 is 72.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Oil & Gas company?
The median Price-to-Tangible-Book among Oil & Gas companies is 1.65, based on 887 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. State Gas's current Price-to-Tangible-Book of 2.85 is 72.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on State Gas and its competitors. For the Oil & Gas industry, the median Price-to-Tangible-Book is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Gas's current Price-to-Tangible-Book is 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Gas stock overvalued right now?
State Gas (STGSF) has a current Price-to-Tangible-Book of 2.85. The current Price-to-Tangible-Book is 2.85 and 72.7% above the Oil & Gas industry median of 1.65. State Gas' overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For State Gas (STGSF), the current Price-to-Tangible-Book is 2.85 as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
State Gas Ltd is a natural gas exploration and development company with operations in the southern Bowen Basin in Central Queensland. The company's existing 100% owned exploration projects, when considered in conjunction with joint venture interests over adjoining areas, means State Gas has a prospective and substantial portfolio of natural gas resources. It operates in one segment, being the exploration and development of gas fields in Australia.
33GF Score
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