Black Hills (Black Hills) Price-to-Tangible-Book

: 1.88 (As of Today)

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As of today (2024-04-18), Black Hills's share price is $52.46. Black Hills's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $27.97. Hence, Black Hills's Price to Tangible Book Ratio of today is 1.88.

The historical rank and industry rank for Black Hills's Price-to-Tangible-Book or its related term are showing as below:

BKH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.85 Med: 3.09 Max: 10.67
Current: 1.88

During the past 13 years, Black Hills's highest Price to Tangible Book Ratio was 10.67. The lowest was 1.85. And the median was 3.09.

BKH's Price-to-Tangible-Book is ranked worse than
51.91% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.75 vs BKH: 1.88

A closely related ratio is called PB Ratio. As of today, Black Hills's share price is $52.46. Black Hills's Book Value per Sharefor the quarter that ended in Dec. 2023 was $47.15. Hence, Black Hills's P/B Ratio of today is 1.11.

Black Hills Price-to-Tangible-Book Historical Data

The historical data trend for Black Hills'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.

Black Hills Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.60

3.09

2.76

1.93

Black Hills 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																2.76	2.35	2.24	1.85	1.93

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Black Hills'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.

Black Hills Price-to-Tangible-Book Distribution

For the Utilities - Regulated industry and Utilities sector, Black Hills's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Black Hills's Price-to-Tangible-Book falls into.

Black Hills Price-to-Tangible-Book Calculation

Black Hills's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	52.46	/	27.969
	=	1.88

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.

Black Hills Price-to-Tangible-Book Related Terms

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

Black Hills (Black Hills) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Black Hills Corp (NYSE:BKH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BHI:Germany BHI:Germany

Address

7001 Mount Rushmore Road, Rapid City, SD, USA, 57702

Website

https://www.blackhillscorp.com

Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.

Executives

Richard Kinzley	officer: Sr VP & CFO	PO BOX 1400, RAPID CITY SD 57709
Rebecca B Roberts	director	1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Stuart A Wevik	officer: Sr VP - Utility Operations	PO BOX 1400, RAPID CITY SD 57709
Kathleen S Mcallister	director	DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Barry M Granger	director	PO BOX 1400, RAPID CITY SD 57709
Robert P Otto	director	PO BOX 1400, RAPID CITY SD 57709
Mark A Schober	director
Tony A Jensen	director	620 E HEARTSTRONG STREET, SUPERIOR CO 80027
Scott M Prochazka	director	1111 LOUISIANA, HOUSTON TX 77002
Teresa Taylor	director	FIRST INTERSTATE BANCSYSTEM, INC, PO BOX 30918, BILLINGS MT 59116-0918
Michael Madison	director	PO BOX 5000, PINEVILLE LA 71361-5000
John B Vering	director	PO BOX 1400, RAPID CITY SD 57709
Steven Richard Mills	director	C/O ARCHER DANIELS MIDLAND CO, 4666 FARIES PARKWAY, DECATUR IL 62526
Linden R Evans	officer: President and CEO	PO BOX 1400, RAPID CITY SD 57709
David R Emery	director, officer: Executive Chairman	P O BOX 1400, RAPID CITY SD 57709-1400