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Vertex Energy (STU:5VE) Price-to-Tangible-Book : 0.65 (As of May. 14, 2024)


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What is Vertex Energy Price-to-Tangible-Book?

As of today (2024-05-14), Vertex Energy's share price is €1.084. Vertex Energy's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.66. Hence, Vertex Energy's Price to Tangible Book Ratio of today is 0.65.

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

STU:5VE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61   Med: 2.93   Max: 13.4
Current: 0.63

During the past 13 years, Vertex Energy's highest Price to Tangible Book Ratio was 13.40. The lowest was 0.61. And the median was 2.93.

STU:5VE's Price-to-Tangible-Book is ranked better than
81.68% of 928 companies
in the Oil & Gas industry
Industry Median: 1.36 vs STU:5VE: 0.63

A closely related ratio is called PB Ratio. As of today, Vertex Energy's share price is €1.084. Vertex Energy's Book Value per Sharefor the quarter that ended in Mar. 2024 was €1.76. Hence, Vertex Energy's P/B Ratio of today is 0.62.


Vertex Energy Price-to-Tangible-Book Historical Data

The historical data trend for Vertex Energy'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.

Vertex Energy Price-to-Tangible-Book Chart

Vertex Energy 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 - - 13.11 3.07 1.77

Vertex Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.55 2.48 1.76 1.77 0.78

Competitive Comparison of Vertex Energy's Price-to-Tangible-Book

For the Oil & Gas Refining & Marketing subindustry, Vertex Energy'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.


Vertex Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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



Vertex Energy Price-to-Tangible-Book Calculation

Vertex Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1.084/1.655
=0.65

* 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.


Vertex Energy Price-to-Tangible-Book Related Terms

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


Vertex Energy (STU:5VE) Business Description

Traded in Other Exchanges
Address
1331 Gemini Street, Suite 250, Houston, TX, USA, 77058
Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.

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