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Providence & Worcester Railroad Co (Providence & Worcester Railroad Co) PB Ratio : 1.53 (As of May. 06, 2024)


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What is Providence & Worcester Railroad 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 (2024-05-06), Providence & Worcester Railroad Co's share price is $25.03. Providence & Worcester Railroad Co's Book Value per Share for the quarter that ended in Jun. 2016 was $16.34. Hence, Providence & Worcester Railroad Co's PB Ratio of today is 1.53.

The historical rank and industry rank for Providence & Worcester Railroad Co's PB Ratio or its related term are showing as below:

PWX's PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.32
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Providence & Worcester Railroad Co PB Ratio Historical Data

The historical data trend for Providence & Worcester Railroad 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.

Providence & Worcester Railroad Co PB Ratio Chart

Providence & Worcester Railroad Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.89 1.24 1.11 0.84

Providence & Worcester Railroad Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1.07 0.95 0.84 0.88 1.00

Competitive Comparison of Providence & Worcester Railroad Co's PB Ratio

For the Railroads subindustry, Providence & Worcester Railroad 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.


Providence & Worcester Railroad Co's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Providence & Worcester Railroad Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Providence & Worcester Railroad Co's PB Ratio falls into.



Providence & Worcester Railroad 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.

Providence & Worcester Railroad Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2016)
=25.03/16.336
=1.53

* 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.


Providence & Worcester Railroad Co  (NAS:PWX) 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.


Providence & Worcester Railroad Co PB Ratio Related Terms

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


Providence & Worcester Railroad Co (Providence & Worcester Railroad Co) Business Description

Traded in Other Exchanges
N/A
Address
Providence & Worcester Railroad Co commenced its operations in 1973. The Company is a short-line freight railroad as defined by the American Association of Railroads operating in Massachusetts, Rhode Island, Connecticut and New York. The Company is the only interstate freight carrier serving the State of Rhode Island. The Company services the international double-stack intermodal terminal facility in New England in Worcester, Massachusetts, a strategic location for regional transportation and distribution enterprises. The Company transports commodities for its customers, including automobiles, construction aggregates, iron and steel products, chemicals and plastics, lumber, scrap metals, plastic resins, cement, coal, construction and demolition debris, and processed foods and edible foodstuffs, such as corn syrup and vegetable oils. Its customers include Exxon Mobil Corporation, Ford Motor Company, Frito-Lay, Inc., Global LLP, GDF SUEZ Energy North America, International Paper Company, Lehigh Cement, Cargill, Inc., Northeast Utilities, Nucor Steel, Rawson Materials, Renewable Products Marketing Group, Subaru of New England, Tilcon Connecticut, Inc. and Toray Plastics, Inc. The Company competes with other carriers in the siting of new rail-oriented businesses in the region. The Company also competes with other modes of transportation, particularly long-haul trucking companies, for the transportation of commodities, and ocean-going vessels for the transportation of containers. The Company is subject to governmental regulation by the STB, the FRA, the Transportation Security Administration and other federal, state and local regulatory authorities with respect to certain rates and railroad operations, as well as a variety of health, safety, labor, environmental and other matters.
Executives
Daniel T Noreck officer: Treasurer and CFO 75 HAMMOND STREET, WORCESTER MA 01610
P Scott Conti director, officer: President and COO 75 HAMMOND STREET, WORCESTER MA 01610
Robert H Eder director, 10 percent owner, officer: Chief Executive Officer 5 STEEPLE STREET, #303, PROVIDENCE RI 02903
Linda Eder 10 percent owner 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Craig M Scott director 75 HAMMOND STREET, WORCESTER MA 01610
Stephen J Carlotti 10 percent owner 1500 FLEET CENTER, PROVIDENCE RI 02903
Merrill W Sherman director 131 CLARENDON STREET, BOSTON MA 02116

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