Crestwood Midstream Partners LP stock P/B Ratio (=0.3) is close to 5-year low of 0.3
The historical rank and industry rank for Inergy Midstream LP's PB Ratio or its related term are showing as below:
NRGM'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 2.19 Max: 3.27
Current: 0.3
During the past 6 years, Inergy Midstream LP's highest PB Ratio was 3.27. The lowest was 0.30. And the median was 2.19.
NRGM's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.24
vs NRGM: 0.30
During the past 12 months, Inergy Midstream LP's average Book Value Per Share Growth Rate was -7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 35.20% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Inergy Midstream LP was 35.20% per year. The lowest was 0.00% per year. And the median was 0.00% per year.
Back to Basics: PB Ratio
Inergy Midstream LP PB Ratio Historical Data
The historical data trend for Inergy Midstream LP'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.
Competitive Comparison of Inergy Midstream LP's PB Ratio
For the Oil & Gas Midstream subindustry, Inergy Midstream LP'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.
Inergy Midstream LP's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Inergy Midstream LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Inergy Midstream LP's PB Ratio falls into.
Inergy Midstream LP 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.
* 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.
Inergy Midstream LP (NYSE:NRGM) PB Ratio Explanation
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.
Inergy Midstream LP PB Ratio Related Terms
Thank you for viewing the detailed overview of Inergy Midstream LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Inergy Midstream LP (Inergy Midstream LP) Business Description
Crestwood Midstream Partners LP, formerly known as Inergy Midstream, L.P., is a Delaware limited partnership formed in November 2011. The Company develops, acquires, owns and operates fee-based assets and operations within the energy midstream sector. The Company owns and operates a diversified portfolio of crude oil and natural gas gathering, processing, storage and transportation assets that connect energy supply with energy demand across North America. The Company has three reporting segments: Gathering and Processing, NGL and crude services, and Storage and Transportation. The Gathering and Processing operations engage in the gathering, processing, treating, compression, transportation and sales of natural gas and the delivery of NGLs. In Gathering and Processing, the Company provides natural gas gathering, processing, treating and compression services to producers in unconventional shale plays located in West Virginia, Wyoming, Texas, Arkansas, New Mexico and Louisiana. The Company owns rich gas systems in the Marcellus, Powder River Basin, Niobrara, Barnett, Granite Wash, and Avalon/Bone Spring Shale plays, and dry gas gathering systems in the Barnett, Fayetteville and Haynesville/Bossier Shale plays. The NGL and crude services operations provide gathering, storage and transportation services to producers, refiners, marketers, and others that effectively provide flow assurances to customers, as well as the production and sale of salt products. Operations in NGL and Crude segment include crude oil rail terminals, the Arrow gathering system, an NGL storage facility, and U.S Salt, LLC. The Storage and Transportation operations provide natural gas storage and transportations services to third parties. The corporate operations include all general and administrative expenses that are not allocated to the reportable segments. The Company owns and operates four natural gas storage facilities located in New York and Pennsylvania that have an aggregate working gas storage capacity of approximately 41.0 Bcf namely Stagecoach, Thomas Corners, Steuben, and Seneca Lake. Further, the Company owns natural gas transportation facilities located in New York and Pennsylvania namely North-South Facilities, MARC I Pipeline, and East Pipeline. Sales of crude oil, NGLs and salt are recognized at the time product is shipped or delivered to the customer depending on the sales terms. The Company is expanding its gathering and compression facilities in the Marcellus Shale.
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