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Kayne Anderson Energy Development Company (NYSE:KED)
P/B Ratio
0.00 (As of Today)

As of today, Kayne Anderson Energy Development Company's share price is $37.78. Kayne Anderson Energy Development Company's Book Value per Share for the quarter that ended in 201202 was $24.54. Hence, Kayne Anderson Energy Development Company's P/B Ratio of today is 0.00.

KED' s 10-Year P/B Ratio Range
Min: 0   Max: 0
Current: 0

KED's P/B Ratiois ranked lower than
74% of the 1487 Companies
in the Global Asset Management industry.

( Industry Median: 1.08 vs. KED: 0.00 )


Definition

Kayne Anderson Energy Development Company's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (Q: 201202)
=37.78/24.54
=1.54

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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

A closely related ratio is called Price-to-Tangible-Book Ratio. The difference between Price-to-Tangible-Book Ratio and Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


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.


Related Terms

Book Value per Share, Market Cap, Total Equity, Preferred Stock, P/E ratio, P/S ratio, Price-to-Free-Cash-Flow ratio, Price-to-Tangible-Book Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Kayne Anderson Energy Development Company Annual Data

Nov07Nov08Nov09Nov10Nov11
pb 0.000.000.000.000.000.000.000.000.000.88

Kayne Anderson Energy Development Company Quarterly Data

Nov09Feb10May10Aug10Nov10Feb11May11Aug11Nov11Feb12
pb 0.000.000.000.760.000.000.850.930.880.96
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