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Emera (EMRAF) Price-to-Tangible-Book : 2.69 (As of Apr. 26, 2024)


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What is Emera Price-to-Tangible-Book?

As of today (2024-04-26), Emera's share price is $33.76. Emera's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $12.54. Hence, Emera's Price to Tangible Book Ratio of today is 2.69.

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

EMRAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.97   Med: 5.48   Max: 17.97
Current: 2.76

During the past 13 years, Emera's highest Price to Tangible Book Ratio was 17.97. The lowest was 1.97. And the median was 5.48.

EMRAF's Price-to-Tangible-Book is ranked worse than
71.76% of 471 companies
in the Utilities - Regulated industry
Industry Median: 1.79 vs EMRAF: 2.76

A closely related ratio is called PB Ratio. As of today, Emera's share price is $33.76. Emera's Book Value per Sharefor the quarter that ended in Dec. 2023 was $27.95. Hence, Emera's P/B Ratio of today is 1.21.


Emera Price-to-Tangible-Book Historical Data

The historical data trend for Emera'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.

Emera Price-to-Tangible-Book Chart

Emera Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.95 5.52 5.57 3.54 3.01

Emera 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 Get a 7-Day Free Trial 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 3.54 3.43 3.49 2.98 3.01

Competitive Comparison of Emera's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, Emera'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.


Emera's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

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

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



Emera Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=33.76/12.543
=2.69

* 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.


Emera Price-to-Tangible-Book Related Terms

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


Emera (EMRAF) Business Description

Address
5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.