As of today (2024-04-27), Vital Energy's share price is $55.18. Vital Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $78.65. Hence, Vital Energy's Price to Tangible Book Ratio of today is 0.70.
The historical rank and industry rank for Vital Energy's Price-to-Tangible-Book or its related term are showing as below:
VTLE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.95 Max: 18.94
Current: 0.7
During the past 13 years, Vital Energy's highest Price to Tangible Book Ratio was 18.94. The lowest was 0.58. And the median was 0.95.
VTLE's Price-to-Tangible-Book is ranked better than 77.86% of 926
companies
in the Oil & Gas industry
Industry Median: 1.32
vs VTLE: 0.70
Vital Energy Price-to-Tangible-Book Historical Data
The historical data trend for Vital 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.
Competitive Comparison of Vital Energy's Price-to-Tangible-Book
For the Oil & Gas E&P subindustry, Vital 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.
Vital Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Vital Energy's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Vital Energy's Price-to-Tangible-Book falls into.
Vital Energy Price-to-Tangible-Book Calculation
Vital Energy's price-to-tangible-book ratio for today 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.
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.
Vital Energy Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Vital Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.
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