As of today (2024-05-06), Dorian LPG's share price is $42.00. Dorian LPG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $24.23. Hence, Dorian LPG's Price to Tangible Book Ratio of today is 1.73.
The historical rank and industry rank for Dorian LPG's Price-to-Tangible-Book or its related term are showing as below:
LPG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34 Med: 0.59 Max: 1.81
Current: 1.73
During the past 10 years, Dorian LPG's highest Price to Tangible Book Ratio was 1.81. The lowest was 0.34. And the median was 0.59.
LPG's Price-to-Tangible-Book is ranked worse than 62.58% of 930
companies
in the Oil & Gas industry
Industry Median: 1.33
vs LPG: 1.73
The historical data trend for Dorian LPG'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 Dorian LPG's Price-to-Tangible-Book
For the Oil & Gas Midstream subindustry, Dorian LPG'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.
Dorian LPG's Price-to-Tangible-Book Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorian LPG's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Dorian LPG's Price-to-Tangible-Book falls into.
Dorian LPG Price-to-Tangible-Book Calculation
Dorian LPG'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.
Dorian LPG Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Dorian LPG's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
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