Dorchester Minerals Lp Stock Price To Book

DMLP Stock

USD 32.78 0.24 0.74%

Dorchester Minerals LP fundamentals help investors to digest information that contributes to Dorchester Minerals' financial success or failures. It also enables traders to predict the movement of Dorchester Stock. The fundamental analysis module provides a way to measure Dorchester Minerals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dorchester Minerals stock.

Cash Accounts Payable

As of 12/11/2024, Price To Book Ratio is likely to grow to 7.76.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Dorchester Minerals LP Company Price To Book Analysis

Dorchester Minerals' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Dorchester Minerals Price To Book

3.97 X

Most of Dorchester Minerals' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dorchester Minerals LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dorchester Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Dorchester Minerals is extremely important. It helps to project a fair market value of Dorchester Stock properly, considering its historical fundamentals such as Price To Book. Since Dorchester Minerals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dorchester Minerals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dorchester Minerals' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Accounts Payable	Total Liab	Property Plant Equipment	Net Debt	Net Receivables	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Deferred Long Term Liab	Accumulated Depreciation	Net Invested Capital	Net Working Capital
Total Assets		0.34	0.5	0.23	0.15	-0.67	0.95	0.73	0.5	0.32	0.15	0.64	0.49	0.28	0.76	0.74
Total Stockholder Equity	0.34		0.54	0.43	-0.28	-0.37	0.27	0.4	0.41	0.13	0.3	0.34	0.19	0.39	0.49	0.36
Accounts Payable	0.5	0.54		0.91	-0.36	-0.89	0.49	0.89	0.7	0.51	0.74	0.69	0.66	0.37	0.84	0.77
Total Liab	0.23	0.43	0.91		-0.33	-0.7	0.27	0.68	0.62	0.53	0.73	0.61	0.67	0.49	0.67	0.58
Property Plant Equipment	0.15	-0.28	-0.36	-0.33		0.32	0.13	-0.24	-0.48	0.04	-0.5	0.04	-0.25	0.25	-0.23	-0.24
Net Debt	-0.67	-0.37	-0.89	-0.7	0.32		-0.69	-0.99	-0.68	-0.48	-0.73	-0.76	-0.62	-0.08	-0.9	-0.91
Net Receivables	0.95	0.27	0.49	0.27	0.13	-0.69		0.73	0.57	0.25	0.22	0.71	0.53	0.24	0.8	0.81
Total Current Assets	0.73	0.4	0.89	0.68	-0.24	-0.99	0.73		0.66	0.47	0.65	0.74	0.66	0.15	0.89	0.89
Common Stock	0.5	0.41	0.7	0.62	-0.48	-0.68	0.57	0.66		0.07	0.43	0.41	0.75	0.25	0.81	0.77
Current Deferred Revenue	0.32	0.13	0.51	0.53	0.04	-0.48	0.25	0.47	0.07		0.51	0.68	0.21	0.17	0.41	0.37
Short Term Debt	0.15	0.3	0.74	0.73	-0.5	-0.73	0.22	0.65	0.43	0.51		0.7	0.28	0.06	0.64	0.66
Net Tangible Assets	0.64	0.34	0.69	0.61	0.04	-0.76	0.71	0.74	0.41	0.68	0.7		0.33	0.31	0.79	0.79
Deferred Long Term Liab	0.49	0.19	0.66	0.67	-0.25	-0.62	0.53	0.66	0.75	0.21	0.28	0.33		0.27	0.62	0.56
Accumulated Depreciation	0.28	0.39	0.37	0.49	0.25	-0.08	0.24	0.15	0.25	0.17	0.06	0.31	0.27		0.3	0.1
Net Invested Capital	0.76	0.49	0.84	0.67	-0.23	-0.9	0.8	0.89	0.81	0.41	0.64	0.79	0.62	0.3		0.97
Net Working Capital	0.74	0.36	0.77	0.58	-0.24	-0.91	0.81	0.89	0.77	0.37	0.66	0.79	0.56	0.1	0.97

Click cells to compare fundamentals

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

Predict Dorchester Minerals

Price Book Value Ratio Over Time

Dorchester Book Value Per Share

Book Value Per Share

4.52

At this time, Dorchester Minerals' Book Value Per Share is relatively stable compared to the past year.

Based on the latest financial disclosure, Dorchester Minerals LP has a Price To Book of 3.9666 times. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 4.03) sector and 62.93% lower than that of the Energy industry. The price to book for all United States stocks is 58.29% higher than that of the company.

Dorchester Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dorchester Minerals' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dorchester Minerals could also be used in its relative valuation, which is a method of valuing Dorchester Minerals by comparing valuation metrics of similar companies.

Dorchester Minerals is currently under evaluation in price to book category among its peers.

Dorchester Minerals ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dorchester Minerals' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dorchester Minerals' managers, analysts, and investors.

Environmental

Governance

Social

Dorchester Fundamentals

	Return On Equity	0.4
	Return On Asset	0.24
	Profit Margin	0.67 %
	Operating Margin	0.68 %
	Current Valuation	1.52 B
	Shares Outstanding	47.34 M
	Shares Owned By Insiders	12.79 %
	Shares Owned By Institutions	26.09 %
	Number Of Shares Shorted	472.63 K
	Price To Earning	48.15 X
	Price To Book	3.97 X
	Price To Sales	9.51 X
	Revenue	163.8 M
	Gross Profit	157.91 M
	EBITDA	140.62 M
	Net Income	110.39 M
	Cash And Equivalents	42.98 M
	Cash Per Share	1.14 X
	Total Debt	1.31 M
	Debt To Equity	0.01 %
	Current Ratio	16.62 X
	Book Value Per Share	8.39 X
	Cash Flow From Operations	139.84 M
	Short Ratio	7.70 X
	Earnings Per Share	2.80 X
	Number Of Employees	27
	Beta	1.07
	Market Capitalization	1.58 B
	Total Asset	191.06 M
	Retained Earnings	130.61 M
	Working Capital	65.24 M
	Current Asset	12.78 M
	Current Liabilities	535 K
	Annual Yield	0.10 %
	Five Year Return	10.09 %
	Net Asset	191.06 M
	Last Dividend Paid	3.49

About Dorchester Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dorchester Minerals LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dorchester Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dorchester Minerals LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Dorchester Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorchester Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorchester Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dorchester Stock

0.7	AR	Antero Resources Corp	Pair Corr
0.75	EP	Empire Petroleum Corp	Pair Corr
0.96	LB	LandBridge Company	Pair Corr
0.82	PR	Permian Resources	Pair Corr

Moving against Dorchester Stock

0.88	BRN	Barnwell Industries Earnings Call This Week	Pair Corr
0.76	BRY	Berry Petroleum Corp	Pair Corr
0.6	APA	APA Corporation	Pair Corr
0.53	EGY	Vaalco Energy	Pair Corr
0.52	DVN	Devon Energy	Pair Corr

The ability to find closely correlated positions to Dorchester Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorchester Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorchester Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorchester Minerals LP to buy it.

The correlation of Dorchester Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorchester Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorchester Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Dorchester Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Dorchester Stock Analysis

When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC