Ghana Oil Co (XGHA:GOIL) Price-to-Tangible-Book : 0.75 (As of May. 23, 2024)

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What is Ghana Oil Co Price-to-Tangible-Book?

As of today (2024-05-23), Ghana Oil Co's share price is GHS1.50. Ghana Oil Co's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was GHS2.01. Hence, Ghana Oil Co's Price to Tangible Book Ratio of today is 0.75.

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

XGHA:GOIL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 2.05 Max: 3.93
Current: 0.75

During the past 13 years, Ghana Oil Co's highest Price to Tangible Book Ratio was 3.93. The lowest was 0.75. And the median was 2.05.

XGHA:GOIL's Price-to-Tangible-Book is ranked better than
75.78% of 925 companies
in the Oil & Gas industry
Industry Median: 1.33 vs XGHA:GOIL: 0.75

A closely related ratio is called PB Ratio. As of today, Ghana Oil Co's share price is GHS1.50. Ghana Oil Co's Book Value per Sharefor the quarter that ended in Dec. 2022 was GHS2.01. Hence, Ghana Oil Co's P/B Ratio of today is 0.75.

Ghana Oil Co Price-to-Tangible-Book Historical Data

The historical data trend for Ghana Oil 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.

Ghana Oil Co Price-to-Tangible-Book Chart

Ghana Oil Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.69

1.26

0.98

1.04

0.85

Ghana Oil Co Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Price-to-Tangible-Book	Get a 7-Day Free Trial									2.69	1.26	0.98	1.04	0.85

Competitive Comparison of Ghana Oil Co's Price-to-Tangible-Book

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil 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.

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

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

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

Ghana Oil Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	1.50	/	2.011
	=	0.75

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Ghana Oil Co Price-to-Tangible-Book Related Terms

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

Ghana Oil Co (XGHA:GOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ghana Oil Co Ltd (XGHA:GOIL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Junction of Kojo Thompson and Adjaben Roads, Building No. D 659/4, P.O. Box GP 3183, Adabraka, Accra, GHA

Website

https://www.goil.com.gh

Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum products and related products particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly and socially responsible manner.

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