Caribbean Utilities Co (Caribbean Utilities Co) Price-to-Tangible-Book : 1.66 (As of Apr. 27, 2024)

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What is Caribbean Utilities Co Price-to-Tangible-Book?

As of today (2024-04-27), Caribbean Utilities Co's share price is $13.86. Caribbean Utilities Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.36. Hence, Caribbean Utilities Co's Price to Tangible Book Ratio of today is 1.66.

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

CUPUF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3 Med: 1.87 Max: 2.36
Current: 1.65

During the past 13 years, Caribbean Utilities Co's highest Price to Tangible Book Ratio was 2.36. The lowest was 1.30. And the median was 1.87.

CUPUF's Price-to-Tangible-Book is ranked better than
54.14% of 471 companies
in the Utilities - Regulated industry
Industry Median: 1.78 vs CUPUF: 1.65

A closely related ratio is called PB Ratio. As of today, Caribbean Utilities Co's share price is $13.86. Caribbean Utilities Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.48. Hence, Caribbean Utilities Co's P/B Ratio of today is 1.63.

Caribbean Utilities Co Price-to-Tangible-Book Historical Data

The historical data trend for Caribbean Utilities Co'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.

Caribbean Utilities Co Price-to-Tangible-Book Chart

Caribbean Utilities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.36

1.92

1.91

1.68

1.28

Caribbean Utilities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.68	1.73	1.52	1.42	1.28

Competitive Comparison of Caribbean Utilities Co's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, Caribbean Utilities Co'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.

Caribbean Utilities Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Caribbean Utilities Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Caribbean Utilities Co's Price-to-Tangible-Book falls into.

Caribbean Utilities Co Price-to-Tangible-Book Calculation

Caribbean Utilities Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	13.86	/	8.363
	=	1.66

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.

Caribbean Utilities Co Price-to-Tangible-Book Related Terms

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

Caribbean Utilities Co (Caribbean Utilities Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Caribbean Utilities Co Ltd (OTCPK:CUPUF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CUP.U:Canada

Address

457 North Sound Road, P.O. Box 38, Grand Cayman, CYM, KY1-1101

Website

https://www.cuc-cayman.com

Caribbean Utilities Co Ltd is the sole supplier of electricity on Grand Cayman with a total installed generating capacity of 166 MW, nine transformer substations, approximately 552 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cable. The Company uses diesel generation to produce electricity for Grand Cayman.