Price to Book ratio Analysis of Kimbell Royalty Partners LP - Deep Dive
Latest FY PB
Period Ending - Dec-23
Very Good PB
1.16
Period Ending - Dec-22
Good PB
1.30
Growth
-11.28 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Poor PB
350.64
Most recent Quarter PB
Period Ending - Mar-24
Indecisive PB
1.89
PB Analysis of Kimbell Royalty Partners LP
P/B Ratio of Kimbell Royalty Partners LP with value of 350.64 shows that company is trading much above Book value and may be risky. |
PB Ratio of KRP has fallen by -11.28 % Compared to previous Financial Year. |
PB Ratio with value of 1.59 was highest in Year Dec-21 in last Five Years. |
PB Ratio with value of 0.951 was lowest in Year Dec-19 in last Five Years. |
Latest PB Ratio with value of 1.16 is lower than Average PB of 1.29 in last five years. |
Other PB Related Info of KRP that may interest you.
Kimbell Royalty Partners LP Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
KRP | 16.09 | 16.01 | 0.500 % | Oil & Gas E&P |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..![Price to Book Formula Price to Book Formula](https://my.stockaio.com/help/template/FinDef/ValuationRatios/PriceToBook.jpg)
PB Related Ratios
PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
Very Low Value Stock |
FY - Historical Price to Book of Kimbell Royalty Partners LP
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PB | 1.16 | 1.30 | 1.59 | 1.47 | 0.951 | 0.814 | 1.01 |
Change | -11.28 % | -18.23 % | 8.44 % | 54.51 % | 16.73 % | -19.64 % | -96.67 % |
FY Chart of Price to Book of Kimbell Royalty Partners LP
Note : All Data Generated at the End of Trading Hours (EOD Data)