What is PrimeEnergy Resources Book Value per Share?
PrimeEnergy Resources's book value per share for the quarter that ended in Mar. 2024 was $94.64.
During the past 12 months, PrimeEnergy Resources's average Book Value Per Share Growth Rate was 27.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PrimeEnergy Resources was 119.30% per year. The lowest was -53.20% per year. And the median was 13.80% per year.
During the past 13 years, the highest P/B Ratio of PrimeEnergy Resources was 3.60. The lowest was 0.73. And the median was 1.57.
Good Sign:
PrimeEnergy Resources Corp stock PB Ratio (=1.17) is close to 2-year low of 1.06
PrimeEnergy Resources Book Value per Share Historical Data
The historical data trend for PrimeEnergy Resources's Book Value per Share 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.
Competitive Comparison of PrimeEnergy Resources's Book Value per Share
For the Oil & Gas E&P subindustry, PrimeEnergy Resources's PB Ratio, along with its competitors' market caps and PB Ratio 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.
PrimeEnergy Resources's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PrimeEnergy Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where PrimeEnergy Resources's PB Ratio falls into.
PrimeEnergy Resources Book Value per Share Calculation
PrimeEnergy Resources's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
PrimeEnergy Resources (NAS:PNRG) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
PrimeEnergy Resources Book Value per Share Related Terms
Thank you for viewing the detailed overview of PrimeEnergy Resources's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
PrimeEnergy Resources (PrimeEnergy Resources) Business Description
PrimeEnergy Resources Corp is an independent oil and natural gas company that is engaged in acquiring, developing, and producing oil and natural gas. It owns producing and non-producing properties located in Texas and Oklahoma. The company's business activities include development and exploratory drilling and provide well servicing support operations for many of the onshore oil and gas wells through its subsidiaries. It is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners.
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