Sabine Royalty Trust (Sabine Royalty Trust) Price-to-Tangible-Book : 106.73 (As of Apr. 28, 2024)

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What is Sabine Royalty Trust Price-to-Tangible-Book?

As of today (2024-04-28), Sabine Royalty Trust's share price is $62.65. Sabine Royalty Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.59. Hence, Sabine Royalty Trust's Price to Tangible Book Ratio of today is 106.73.

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

SBR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 40.78 Med: 106.63 Max: 141.59
Current: 106.73

During the past 13 years, Sabine Royalty Trust's highest Price to Tangible Book Ratio was 141.59. The lowest was 40.78. And the median was 106.63.

SBR's Price-to-Tangible-Book is ranked worse than
99.46% of 926 companies
in the Oil & Gas industry
Industry Median: 1.32 vs SBR: 106.73

A closely related ratio is called PB Ratio. As of today, Sabine Royalty Trust's share price is $62.65. Sabine Royalty Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.59. Hence, Sabine Royalty Trust's P/B Ratio of today is 106.73.

Sabine Royalty Trust Price-to-Tangible-Book Historical Data

The historical data trend for Sabine Royalty Trust'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.

Sabine Royalty Trust Price-to-Tangible-Book Chart

Sabine Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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104.13

102.99

40.78

109.13

115.60

Sabine Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															109.13	84.48	140.00	153.61	115.60

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

For the Oil & Gas E&P subindustry, Sabine Royalty Trust'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.

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

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

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

Sabine Royalty Trust Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	62.65	/	0.587
	=	106.73

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.

Sabine Royalty Trust Price-to-Tangible-Book Related Terms

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

Sabine Royalty Trust (Sabine Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sabine Royalty Trust (NYSE:SBR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Boulevard, Simmons Bank, Suite 850, Dallas, TX, USA, 75219

Website

https://www.sbr-sabine.com

Sabine Royalty Trust is an express trust which is formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interest, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.