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Middlesex Water Co (Middlesex Water Co) Price-to-Tangible-Book

: 1.96 (As of Today)
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As of today (2024-04-19), Middlesex Water Co's share price is $46.64. Middlesex Water Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $23.74. Hence, Middlesex Water Co's Price to Tangible Book Ratio of today is 1.96.

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

MSEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.88   Med: 3.31   Max: 5.73
Current: 1.96

During the past 13 years, Middlesex Water Co's highest Price to Tangible Book Ratio was 5.73. The lowest was 1.88. And the median was 3.31.

MSEX's Price-to-Tangible-Book is ranked worse than
54.87% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.75 vs MSEX: 1.96

A closely related ratio is called PB Ratio. As of today, Middlesex Water Co's share price is $46.64. Middlesex Water Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.74. Hence, Middlesex Water Co's P/B Ratio of today is 1.96.


Middlesex Water Co Price-to-Tangible-Book Historical Data

The historical data trend for Middlesex Water Co'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.

Middlesex Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 3.66 5.73 3.47 2.76

Middlesex Water Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.47 3.42 3.48 2.81 2.76

Competitive Comparison

For the Utilities - Regulated Water subindustry, Middlesex Water Co'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.


Middlesex Water Co Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Middlesex Water Co's Price-to-Tangible-Book falls into.



Middlesex Water Co Price-to-Tangible-Book Calculation

Middlesex Water Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=46.64/23.736
=1.96

* 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.

It can also be calculated from the numbers for the whole company:

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.


Middlesex Water Co Price-to-Tangible-Book Related Terms

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


Middlesex Water Co (Middlesex Water Co) Business Description

Traded in Other Exchanges
N/A
Address
485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
Executives
Lorrie Beth Ginegaw officer: VP-Corporate Affairs 1500 RONSON ROAD, ISELIN NJ 08830
Cosgrove James F. Jr. director 492 CHRISTOPHER DRIVE, PRINCETON NJ 08540
Robert John Capko officer: PAO/Controller 100 POSSUM WAY, NEW PROVIDENCE NJ 07974
Bernadette M Sohler officer: VP - Corporate Affairs 1500 RONSON ROAD, ISELIN NJ 08830
Walter G Reinhard director PO BOX 1500, ISELIN NJ 08830
Dennis W Doll officer: Executive Vice President 1500 RONSON ROAD, ISELIN NJ 08830
Andreasen Christian G. Jr. officer: VP - Enterprise Engineering 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Kim C Hanemann director 1500 RONSON ROAD, ISELIN NJ 08830
A Bruce Oconnor officer: Vice President &, other: Controller PO BOX 1500, ISELIN NJ 08830
Vaughn L Mckoy director 485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Georgia M Simpson officer: VP-Information Technology 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Joshua Bershad director 485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Robert K Fullagar officer: Vice President - Operations 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Ann L. Noble director 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Jay L Kooper officer: VP, Gen. Counsel & Secretary 1500 RONSON ROAD, ISELIN NJ 08830

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