Navios Maritime Partners LP (Navios Maritime Partners LP) Price-to-Tangible-Book : 0.49 (As of May. 06, 2024)

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What is Navios Maritime Partners LP Price-to-Tangible-Book?

As of today (2024-05-06), Navios Maritime Partners LP's share price is $44.42. Navios Maritime Partners LP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $89.78. Hence, Navios Maritime Partners LP's Price to Tangible Book Ratio of today is 0.49.

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

NMM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.18 Med: 0.33 Max: 1.17
Current: 0.49

During the past 13 years, Navios Maritime Partners LP's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.18. And the median was 0.33.

NMM's Price-to-Tangible-Book is ranked better than
89.73% of 876 companies
in the Transportation industry
Industry Median: 1.425 vs NMM: 0.49

A closely related ratio is called PB Ratio. As of today, Navios Maritime Partners LP's share price is $44.42. Navios Maritime Partners LP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $91.78. Hence, Navios Maritime Partners LP's P/B Ratio of today is 0.48.

Navios Maritime Partners LP Price-to-Tangible-Book Historical Data

The historical data trend for Navios Maritime 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.

Navios Maritime Partners LP Price-to-Tangible-Book Chart

Navios Maritime 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

0.28

0.19

0.45

0.35

0.31

Navios Maritime Partners LP 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															0.35	0.31	0.27	0.27	0.31

Competitive Comparison of Navios Maritime Partners LP's Price-to-Tangible-Book

For the Marine Shipping subindustry, Navios Maritime 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.

Navios Maritime Partners LP's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Price-to-Tangible-Book distribution charts can be found below:

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

Navios Maritime Partners LP Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	44.42	/	89.782
	=	0.49

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.

Navios Maritime Partners LP Price-to-Tangible-Book Related Terms

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

Navios Maritime Partners LP (Navios Maritime Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Partners LP (NYSE:NMM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Avenue de Grande Bretagne, Office 11B2, Monte Carlo, MCO, MC 98000

Website

https://www.navios-mlp.com

Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.