Clearway Energy (Clearway Energy) Price-to-Tangible-Book

: (As of Today)

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As of today (2024-04-19), Clearway Energy's share price is $21.21. Clearway Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-2.34. Hence, Clearway Energy's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Clearway Energy's highest Price to Tangible Book Ratio was 7.54. The lowest was 2.73. And the median was 3.22.

CWEN.A's Price-to-Tangible-Book is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 1.41
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Clearway Energy's share price is $21.21. Clearway Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was $17.95. Hence, Clearway Energy's P/B Ratio of today is 1.18.

Clearway Energy Price-to-Tangible-Book Historical Data

The historical data trend for Clearway Energy'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.

Clearway Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.15

7.54

Clearway Energy 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																-	-	-	-	-

Competitive Comparison

For the Utilities - Renewable subindustry, Clearway Energy'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.

Clearway Energy Price-to-Tangible-Book Distribution

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

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

Clearway Energy Price-to-Tangible-Book Calculation

Clearway Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	21.21	/	-2.342
	=

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.

Clearway Energy Price-to-Tangible-Book Related Terms

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

Clearway Energy (Clearway Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Clearway Energy Inc (NYSE:CWEN.A) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CWEN:USA NY4B:Germany

Address

300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540

Website

https://www.clearwayenergy.com

Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The company segments its operations into conventional power generation, renewables and thermal divisions.