Greencoat Renewables (LSE:GRP) Price-to-Tangible-Book : 0.78 (As of May. 11, 2024)

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What is Greencoat Renewables Price-to-Tangible-Book?

As of today (2024-05-11), Greencoat Renewables's share price is €0.88. Greencoat Renewables's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was €1.12. Hence, Greencoat Renewables's Price to Tangible Book Ratio of today is 0.78.

The historical rank and industry rank for Greencoat Renewables's Price-to-Tangible-Book or its related term are showing as below:

LSE:GRP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 1.06 Max: 1.16
Current: 0.79

During the past 7 years, Greencoat Renewables's highest Price to Tangible Book Ratio was 1.16. The lowest was 0.79. And the median was 1.06.

LSE:GRP's Price-to-Tangible-Book is ranked better than
76.34% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.48 vs LSE:GRP: 0.79

A closely related ratio is called PB Ratio. As of today, Greencoat Renewables's share price is €0.88. Greencoat Renewables's Book Value per Sharefor the quarter that ended in Dec. 2022 was €1.12. Hence, Greencoat Renewables's P/B Ratio of today is 0.78.

Greencoat Renewables Price-to-Tangible-Book Historical Data

The historical data trend for Greencoat Renewables's Price-to-Tangible-Book 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.

Greencoat Renewables Price-to-Tangible-Book Chart

Greencoat Renewables Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.16

1.06

1.01

0.89

Greencoat Renewables Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.16	1.06	1.08	1.01	0.89

Competitive Comparison of Greencoat Renewables's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Greencoat Renewables's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Greencoat Renewables's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Greencoat Renewables's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Greencoat Renewables's Price-to-Tangible-Book falls into.

Greencoat Renewables Price-to-Tangible-Book Calculation

Greencoat Renewables's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	0.88	/	1.124
	=	0.78

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

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.

Greencoat Renewables Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Greencoat Renewables's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Greencoat Renewables (LSE:GRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Greencoat Renewables PLC (LSE:GRP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GRP:Ireland

Address

Riverside One, Sir John Rogerson's Quay, Dublin, IRL, 2

Website

https://www.greencoat-renewables.com

Greencoat Renewables PLC is a sector-focused listed renewable infrastructure company, investing in renewable electricity generation assets, with an initial focus on wind assets in Ireland. The company's focus is on the large secondary markets of continental Europe where it sees a significant opportunity to aggregate operating renewable energy generation assets. The company aims to provide investors with an annual dividend that increases progressively whilst growing the capital value of its investment portfolio in the long term through reinvestment of excess cash flow and the prudent use of portfolio leverage.

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