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SantosSTOSF 64 Price-to-Tangible-Book is 1.36 as of Aug. 23, 2026, which is 13% above its 10-year median of 1.20. GuruFocus rates STOSF with a GF Score™ of 64/100 and a GF Value™ of $4.23 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 890 Oil & Gas companies, Santos ranks better than 59.1% on this metric.
As of today (2026-08-23), Santos's share price is $6.02. Santos's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $4.42. Hence, Santos's Price to Tangible Book Ratio of today is 1.36.
The historical rank and industry rank for Santos's Price-to-Tangible-Book or its related term are showing as below:
STOSF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 1.2 Max: 1.63
Current: 1.33
During the past 13 years, Santos's highest Price to Tangible Book Ratio was 1.63. The lowest was 0.69. And the median was 1.20.
STOSF's Price-to-Tangible-Book is ranked better than 59.1% of 890
companies
in the Oil & Gas industry
Industry Median: 1.61
vs STOSF: 1.33
A closely related ratio is called PB Ratio. As of today, Santos's share price is $6.02. Santos's Book Value per Sharefor the quarter that ended in Jun. 2026 was $4.84. Hence, Santos's P/B Ratio of today is 1.25.
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.
Santos Price-to-Tangible-Book Related Terms
Santos Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Santos'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.
STOSF vs COP, EOG, FANG: Price-to-Tangible-Book Comparison
For the Oil & Gas E&P subindustry, Santos'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.
Santos Price-to-Tangible-Book vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Santos's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Santos'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.
Santos (STOSF) has a Price-to-Tangible-Book of 1.36 as of Aug. 23, 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 Santos and its competitors. This is 13% above median its historical median of 1.20. Over the past decade, Santos' Price-to-Tangible-Book has ranged from 0.69 to 1.63. According to the industry distribution chart, Santos ranks #364 out of 890 companies in the Oil & Gas industry, placing it in the top 40.9%.
Is Santos' Price-to-Tangible-Book too high?
Santos' current Price-to-Tangible-Book of 1.36 is 13% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.63. The Oil & Gas industry median Price-to-Tangible-Book is 1.61. Santos' value of 1.36 is 15.5% below this industry median. Based on the distribution chart, Santos ranks #364 out of 890 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Santos has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Santos' Price-to-Tangible-Book compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Santos ranks #364 out of 890 companies for Price-to-Tangible-Book. This puts Santos in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.61. Santos' value of 1.36 is 15.5% below this benchmark. Historically, Santos' own Price-to-Tangible-Book has ranged from 0.69 to 1.63 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.61, Santos has consistently been below the industry average. 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 1.61, based on 890 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. Santos's current Price-to-Tangible-Book of 1.36 is 15.5% below 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 Santos and its competitors. For the Oil & Gas industry, the median Price-to-Tangible-Book is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santos's current Price-to-Tangible-Book is 1.36, which is 13% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santos stock overvalued right now?
Based on GuruFocus' analysis, Santos (STOSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.23, compared to a current price of $6.02 — trading 42.3% above its estimated fair value. The current Price-to-Tangible-Book is 1.36, which is 13% above median its 10-year median of 1.20 and 15.5% below the Oil & Gas industry median of 1.61. Santos' overall GF Score™ is 64/100 with 10 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 Santos (STOSF), the current Price-to-Tangible-Book is 1.36 as of Aug. 23, 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.
Is Santos (STOSF) Overvalued in 2026?
Based on GuruFocus' analysis, Santos stock appears to be overvalued.
The current stock price of $6.02 is trading 42.3% above its estimated GF Value™ of $4.23.
GuruFocus considers Santos to be Significantly Overvalued.
Key valuation signals for STOSF:
Price-to-Tangible-Book: 1.36 (13% above median its 10-year median of 1.20)
GF Value™: $4.23 vs. price of $6.02 (42.3% above fair value)
Industry Position: 15.5% below the Oil & Gas median (#364 of 890)
No single metric tells the full story. See the STOSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Santos was founded in 1954. The company's name is an acronym for South Australia Northern Territory Oil Search. The first Cooper Basin gas discovery came in 1963, with initial supplies in 1969. Santos became a major enterprise, though over-reliance on the Cooper Basin, along with the Moomba field's inexorable decline, saw it struggle to maintain relevance in the first decade of the 21st century. However, the stage was set for a renaissance via conversion of coal seam gas into LNG in Queensland and conventional gas to LNG in PNG.
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