As of today (2024-04-24), ONE Gas's share price is $64.93. ONE Gas's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $40.93. Hence, ONE Gas's Price to Tangible Book Ratio of today is 1.59.
The historical rank and industry rank for ONE Gas's Price-to-Tangible-Book or its related term are showing as below:
OGS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31 Med: 1.95 Max: 2.5
Current: 1.59
During the past 13 years, ONE Gas's highest Price to Tangible Book Ratio was 2.50. The lowest was 1.31. And the median was 1.95.
OGS's Price-to-Tangible-Book is ranked better than 56.48% of 471
companies
in the Utilities - Regulated industry
Industry Median: 1.78
vs OGS: 1.59
A closely related ratio is called PB Ratio. As of today, ONE Gas's share price is $64.93. ONE Gas's Book Value per Sharefor the quarter that ended in Dec. 2023 was $48.91. Hence, ONE Gas's P/B Ratio of today is 1.33.
ONE Gas Price-to-Tangible-Book Historical Data
The historical data trend for ONE Gas'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.
Competitive Comparison of ONE Gas's Price-to-Tangible-Book
For the Utilities - Regulated Gas subindustry, ONE Gas'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.
ONE Gas's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ONE Gas's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ONE Gas's Price-to-Tangible-Book falls into.
ONE Gas Price-to-Tangible-Book Calculation
ONE Gas'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.
ONE Gas Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ONE Gas's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. The company controls considerable market shares in Oklahoma and Kansas and is one of the largest natural gas utilities in the U.S.
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