As of today (2024-04-23), Avista's share price is $35.55. Avista's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $30.91. Hence, Avista's Price to Tangible Book Ratio of today is 1.15.
The historical rank and industry rank for Avista's Price-to-Tangible-Book or its related term are showing as below:
AVA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.14 Med: 1.52 Max: 2.02
Current: 1.15
During the past 13 years, Avista's highest Price to Tangible Book Ratio was 2.02. The lowest was 1.14. And the median was 1.52.
AVA's Price-to-Tangible-Book is ranked better than 67.73% of 471
companies
in the Utilities - Regulated industry
Industry Median: 1.78
vs AVA: 1.15
A closely related ratio is called PB Ratio. As of today, Avista's share price is $35.55. Avista's Book Value per Sharefor the quarter that ended in Dec. 2023 was $31.83. Hence, Avista's P/B Ratio of today is 1.12.
Avista Price-to-Tangible-Book Historical Data
The historical data trend for Avista'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.
For the Utilities - Diversified subindustry, Avista'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.
Avista Price-to-Tangible-Book Distribution
For the Utilities - Regulated industry and Utilities sector, Avista's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Avista's Price-to-Tangible-Book falls into.
Avista Price-to-Tangible-Book Calculation
Avista's price-to-tangible-book ratio for today is calculated as:
* 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 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.
Avista Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Avista's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.
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