The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-24), Sitio Royalties's share price is $23.93. Sitio Royalties's Book Value per Share for the quarter that ended in Dec. 2023 was $19.50. Hence, Sitio Royalties's PB Ratio of today is 1.23.
The historical rank and industry rank for Sitio Royalties's PB Ratio or its related term are showing as below:
STR'
s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 1.14 Max: 1.32
Current: 1.23
During the past 4 years, Sitio Royalties's highest PB Ratio was 1.32. The lowest was 0.16. And the median was 1.14.
STR's PB Ratio is ranked worse than 50.4% of 990
companies
in the Oil & Gas industry
Industry Median: 1.23
vs STR: 1.23
During the past 12 months, Sitio Royalties's average Book Value Per Share Growth Rate was -9.20% per year.
Back to Basics: PB Ratio
Sitio Royalties PB Ratio Historical Data
The historical data trend for Sitio Royalties's PB Ratio 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 Sitio Royalties's PB Ratio
For the Oil & Gas E&P subindustry, Sitio Royalties'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.
Sitio Royalties's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sitio Royalties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sitio Royalties's PB Ratio falls into.
Sitio Royalties PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Sitio Royalties's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Sitio Royalties PB Ratio Related Terms
Thank you for viewing the detailed overview of Sitio Royalties's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sitio Royalties (Sitio Royalties) Business Description
Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.
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