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Delta Natural Gas Co (Delta Natural Gas Co) PB Ratio : 2.86 (As of Apr. 26, 2024)


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What is Delta Natural Gas Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), Delta Natural Gas Co's share price is $30.69. Delta Natural Gas Co's Book Value per Share for the quarter that ended in Jun. 2017 was $10.72. Hence, Delta Natural Gas Co's PB Ratio of today is 2.86.

The historical rank and industry rank for Delta Natural Gas Co's PB Ratio or its related term are showing as below:

DGAS's PB Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.4
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Delta Natural Gas Co PB Ratio Historical Data

The historical data trend for Delta Natural Gas Co's PB Ratio 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.

Delta Natural Gas Co PB Ratio Chart

Delta Natural Gas Co Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.04 1.83 2.46 2.84

Delta Natural Gas Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
PB Ratio 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 2.46 2.24 2.71 2.71 2.84

Competitive Comparison of Delta Natural Gas Co's PB Ratio

For the Utilities - Regulated Gas subindustry, Delta Natural Gas Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Delta Natural Gas Co's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Delta Natural Gas Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Delta Natural Gas Co's PB Ratio falls into.



Delta Natural Gas Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Delta Natural Gas Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2017)
=30.69/10.724
=2.86

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Delta Natural Gas Co  (NAS:DGAS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB 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 PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Delta Natural Gas Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Delta Natural Gas Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Delta Natural Gas Co (Delta Natural Gas Co) Business Description

Traded in Other Exchanges
N/A
Address
Delta Natural Gas Co Inc was incorporated under the laws of the Commonwealth of Kentucky on October 7, 1949. The Company distributes or transports natural gas. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transport natural gas to industrial customers who purchase their natural gas in the open market. It also transports natural gas on behalf of local producers and customers not on its distribution system and extract liquids from natural gas in its storage field and on its pipeline systems that are sold at market prices. The Company operates through two segments, a regulated segment and a non-regulated segment. Through regulated segment, the company distributes natural gas to their retail customers in 23 predominantly rural counties. In addition, the regulated segment transports natural gas to large-volume customers on its system who purchase their natural gas in the open market. The regulated segment also transports natural gas on behalf of local producers and other customers not on its distribution system. The non-regulated segment includes three wholly-owned subsidiaries. Two of these subsidiaries, Delta Resources and Delgasco, purchase natural gas in the open market, including natural gas from Kentucky producers. The Company resells this natural gas to industrial customers on its distribution system and to others not on its system. The competes with alternate sources of energy for its regulated distribution customers. These alternate sources include electricity, geo-thermal, coal, oil, propane, wood and solar.

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