Kimbell Royalty Partners LP (FRA:0R3) Price-to-Tangible-Book : 1.27 (As of May. 20, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Kimbell Royalty Partners LP Price-to-Tangible-Book?

As of today (2024-05-20), Kimbell Royalty Partners LP's share price is €15.018. Kimbell Royalty Partners LP's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €11.79. Hence, Kimbell Royalty Partners LP's Price to Tangible Book Ratio of today is 1.27.

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

FRA:0R3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49 Med: 1.16 Max: 2.08
Current: 1.3

During the past 10 years, Kimbell Royalty Partners LP's highest Price to Tangible Book Ratio was 2.08. The lowest was 0.49. And the median was 1.16.

FRA:0R3's Price-to-Tangible-Book is ranked better than
51.68% of 923 companies
in the Oil & Gas industry
Industry Median: 1.35 vs FRA:0R3: 1.30

A closely related ratio is called PB Ratio. As of today, Kimbell Royalty Partners LP's share price is €15.018. Kimbell Royalty Partners LP's Book Value per Sharefor the quarter that ended in Mar. 2024 was €11.79. Hence, Kimbell Royalty Partners LP's P/B Ratio of today is 1.27.

Kimbell Royalty Partners LP Price-to-Tangible-Book Historical Data

The historical data trend for Kimbell Royalty Partners LP'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.

Kimbell Royalty Partners LP Price-to-Tangible-Book Chart

Kimbell Royalty Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.09

0.98

1.92

1.73

1.12

Kimbell Royalty Partners LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.57	1.58	1.17	1.12	1.22

Competitive Comparison of Kimbell Royalty Partners LP's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Kimbell Royalty Partners LP'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.

Kimbell Royalty Partners LP's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Kimbell Royalty Partners LP's Price-to-Tangible-Book falls into.

Kimbell Royalty Partners LP Price-to-Tangible-Book Calculation

Kimbell Royalty Partners LP's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	15.018	/	11.785
	=	1.27

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.

Kimbell Royalty Partners LP Price-to-Tangible-Book Related Terms

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

Kimbell Royalty Partners LP (FRA:0R3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kimbell Royalty Partners LP (FRA:0R3) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

KRP:USA 0R3:Germany

Address

777 Taylor Street, Suite 810, Fort Worth, TX, USA, 76102

Website

https://www.kimbellrp.com

Kimbell Royalty Partners LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company's basins and producing regions include areas of interest in the Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Appalachian Basin, Eagle Ford, Bakken/Williston Basin, and DJ Basin/Rockies/Niobrara. Its revenues are derived from royalty payments received from operators based on the sale of oil, natural gas, and NGL production, as well as the sale of NGLs that are extracted from natural gas during processing.

Kimbell Royalty Partners LP (FRA:0R3) Headlines

No Headlines