As of today (2024-04-19), MDU Resources Group's share price is $23.60. MDU Resources Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.85. Hence, MDU Resources Group's Price to Tangible Book Ratio of today is 1.99.
The historical rank and industry rank for MDU Resources Group's Price-to-Tangible-Book or its related term are showing as below:
MDU'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 1.67 Max: 2.32
Current: 1.99
During the past 13 years, MDU Resources Group's highest Price to Tangible Book Ratio was 2.32. The lowest was 1.27. And the median was 1.67.
MDU's Price-to-Tangible-Book is ranked worse than 70.08% of 478
companies
in the Conglomerates industry
Industry Median: 1.155
vs MDU: 1.99
A closely related ratio is called PB Ratio. As of today, MDU Resources Group's share price is $23.60. MDU Resources Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.26. Hence, MDU Resources Group's P/B Ratio of today is 1.65.
MDU Resources Group Price-to-Tangible-Book Historical Data
The historical data trend for MDU Resources Group'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.
MDU Resources Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.90
1.55
1.66
1.37
1.67
MDU Resources Group 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
1.37
1.52
1.93
1.76
1.67
Competitive Comparison
For the Conglomerates subindustry, MDU Resources Group'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.
MDU Resources Group Price-to-Tangible-Book Distribution
For the Conglomerates industry and Industrials sector, MDU Resources Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where MDU Resources Group's Price-to-Tangible-Book falls into.
MDU Resources Group Price-to-Tangible-Book Calculation
MDU Resources Group's price-to-tangible-book ratio for today is calculated as:
* 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.
MDU Resources Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of MDU Resources Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
MDU Resources Group (MDU Resources Group) Business Description
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.
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