Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) PB Ratio : 1.03 (As of May. 14, 2024)

Kayne Anderson Energy Development Co PB Ratio Chart

Kayne Anderson Energy Development Co Annual Data
	Trend	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16	Nov17
PB Ratio		Get a 7-Day Free Trial					0.96	1.06	0.92	1.02	-

Kayne Anderson Energy Development Co Semi-Annual Data
	May08	Nov08	May09	Nov09	May10	Nov10	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18
PB Ratio	Get a 7-Day Free Trial															1.00	1.02	1.00	-	-

Competitive Comparison of Kayne Anderson Energy Development Co's PB Ratio

For the Asset Management subindustry, Kayne Anderson Energy Development 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.

Kayne Anderson Energy Development Co's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson Energy Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kayne Anderson Energy Development Co's PB Ratio falls into.

Kayne Anderson Energy Development 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.

Kayne Anderson Energy Development Co's PB Ratio for today is calculated as follows:

* 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.

Kayne Anderson Energy Development Co  (NYSE:KED) 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.

Kayne Anderson Energy Development Co PB Ratio Related Terms

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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description