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Tidelands Royalty Trust B (Tidelands Royalty Trust B) Price-to-Tangible-Book : 0.59 (As of May. 05, 2024)


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What is Tidelands Royalty Trust B Price-to-Tangible-Book?

As of today (2024-05-05), Tidelands Royalty Trust B's share price is $0.195. Tidelands Royalty Trust B's Tangible Book per Share of Sep. 2018 for the quarter that ended in Sep. 2018 was $0.33. Hence, Tidelands Royalty Trust B's Price to Tangible Book Ratio of today is 0.59.

The historical rank and industry rank for Tidelands Royalty Trust B's Price-to-Tangible-Book or its related term are showing as below:

TIRTZ's Price-to-Tangible-Book is not ranked *
in the Oil & Gas industry.
Industry Median: 1.32
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tidelands Royalty Trust B's share price is $0.195. Tidelands Royalty Trust B's Book Value per Sharefor the quarter that ended in Sep. 2018 was $0.33. Hence, Tidelands Royalty Trust B's P/B Ratio of today is 0.59.


Tidelands Royalty Trust B Price-to-Tangible-Book Historical Data

The historical data trend for Tidelands Royalty Trust B'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.

Tidelands Royalty Trust B Price-to-Tangible-Book Chart

Tidelands Royalty Trust B Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.58 3.60 3.22 4.43 2.35

Tidelands Royalty Trust B Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 3.72 2.35 2.97 2.17 1.21

Competitive Comparison of Tidelands Royalty Trust B's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, Tidelands Royalty Trust B'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.


Tidelands Royalty Trust B's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tidelands Royalty Trust B's Price-to-Tangible-Book falls into.



Tidelands Royalty Trust B Price-to-Tangible-Book Calculation

Tidelands Royalty Trust B's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2018 )
=0.195/0.33
=0.59

* 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.


Tidelands Royalty Trust B Price-to-Tangible-Book Related Terms

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


Tidelands Royalty Trust B (Tidelands Royalty Trust B) Business Description

Traded in Other Exchanges
N/A
Address
c/o The Corporate Trustee Southwest Bank, 2911 Turtle Creek Boulevard, Dallas, TX, USA, 75219
Tidelands Royalty Trust B is a U.S based royalty trust. It is not permitted to engage in any business activity because it was organized for the sole purpose of providing means for the administration and liquidation of rights to interests in oil, natural gas or other mineral leases obtained by Gulf Oil Corporation in a designated area of the Gulf of Mexico. The Trust through its subsidiary holds title to interests in properties that are situated offshore of Louisiana.

Tidelands Royalty Trust B (Tidelands Royalty Trust B) Headlines