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Price / Book for Matador Resources Company

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MTDR: Matador Resources Company

Matador Resources Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas resources in the United States. It operates throug...

48.62 USD
Price
USD
Fair Value
Upside
43.89 - 71.08
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Matador Resources Company's Price / Book:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20241.0x3.0x5.0x7.0x

Performance Summary
  • Matador Resources's latest twelve months price / book is 1.2x
  • Matador Resources's price / book for fiscal years ending December 2020 to 2024 averaged 1.8x.
  • Matador Resources's operated at median price / book of 1.8x from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Matador Resources's price / book peaked in December 2021 at 2.6x.
  • Matador Resources's price / book hit its 5-year low in December 2020 of 1.0x.
  • Matador Resources's price / book decreased in 2020 (1.0x, -12.0%), 2022 (2.4x, -7.8%), 2023 (1.8x, -21.8%), and 2024 (1.2x, -35.3%) and increased in 2021 (2.6x, +149.9%).

How does Matador's Price / Book benchmark against competitors?

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We've identified the following companies as similar to Matador Resources Company because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Price / Book

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price_to_book
Slug
number
Datatype
text
Format
current
Default Period
FY, LTM
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Price / Book in the valuation category include:

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Price / Book

Compares a firm's market value of equity to the amount of common equity listed on the balance sheet.

Definition of Price / Book

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Price to Book is defined as:

Price / Book = Market Cap / Common Equity

Applying this formula, Matador Resources’s Price / Book is calculated below:

Market Capitalization [ $6.088 B ]
(/) Common Equity [ $5.089 B ]
(=) Price / Book [ 1.2x ]

Price / Book (P/B) also known as the price-to-book ratio, or P/B ratio, is a financial ratio that compares a company’s current market cap to its book value. It is the inverse of Book to Market and the same as Market Cap / Book Value.

The tables below summarizes the trend in Matador Resources’s price / book over the last five years:

Date Market Cap Book Value Price / Book
2020-12-31 1.321 B 1.287 B 1.0
2021-12-31 4.895 B 1.907 B 2.6
2022-12-31 7.36 B 3.111 B 2.4
2023-12-31 7.233 B 3.911 B 1.8
2024-12-31 6.088 B 5.089 B 1.2

Click the link below to download a spreadsheet with an example Price / Book calculation for Matador Resources Company below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-3.6x-0.6x2.4x7.3x04080120

The chart above depicts the distribution of price / book for companies operating in the Energy sector in the Developed economic region. Over 1,340 companies were considered in this analysis, and 815 had meaningful values. The average price / book of companies in the sector is 1.5x with a standard deviation of 1.7x.

Matador Resources Company's Price / Book of 1.2x ranks in the 52.0% percentile for the sector. The following table provides additional summary stats:

Price / Book In The Energy Sector
Economic Risk RegionDeveloped
Total Constituents1,343
Included Constituents815
Min-3.4x
Max7.0x
Median1.1x
Mean1.5x
Standard Deviation1.7x

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