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Essential Utilities (Essential Utilities) Price-to-Tangible-Book : 2.87 (As of May. 13, 2024)


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What is Essential Utilities Price-to-Tangible-Book?

As of today (2024-05-13), Essential Utilities's share price is $39.24. Essential Utilities's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $13.66. Hence, Essential Utilities's Price to Tangible Book Ratio of today is 2.87.

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

WTRG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.37   Med: 3.19   Max: 4.93
Current: 2.87

During the past 13 years, Essential Utilities's highest Price to Tangible Book Ratio was 4.93. The lowest was 2.37. And the median was 3.19.

WTRG's Price-to-Tangible-Book is ranked worse than
71.61% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.81 vs WTRG: 2.87

A closely related ratio is called PB Ratio. As of today, Essential Utilities's share price is $39.24. Essential Utilities's Book Value per Sharefor the quarter that ended in Mar. 2024 was $22.23. Hence, Essential Utilities's P/B Ratio of today is 1.76.


Essential Utilities Price-to-Tangible-Book Historical Data

The historical data trend for Essential Utilities'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.

Essential Utilities Price-to-Tangible-Book Chart

Essential Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 4.93 4.78 4.15 2.87

Essential Utilities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.64 3.23 2.62 2.87 2.71

Competitive Comparison of Essential Utilities's Price-to-Tangible-Book

For the Utilities - Regulated Water subindustry, Essential Utilities'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.


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

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

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



Essential Utilities Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=39.24/13.662
=2.87

* 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.


Essential Utilities Price-to-Tangible-Book Related Terms

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


Essential Utilities (Essential Utilities) Business Description

Traded in Other Exchanges
Address
762 West Lancaster Avenue, Bryn Mawr, PA, USA, 19010-3489
Essential Utilities is a Pennsylvania-based holding company for U.S. water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 700,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.
Executives
Roderick K West director 1600 PERDIDO STREET, BLDG 505, NEW ORLEANS LA 70112
Arnold Colleen officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Chris Franklin officer: Aqua America Southern Oper 762 W.LANCASTER AVE, BRYN MAWR PA 19010
Michael Huwar officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Ellen T Ruff director 762, W LANCASTER AVE, BRYN MAWR PA 19010
Wilbert Bryan Lewis director 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Robert A Rubin officer: Chief Accounting Officer 762 W LANCASTER AVE, BRYN MAWR PA 19010
Daniel Schuller officer: Executive Vice President 40 SACHEM ROAD, GREENWICH CT 06830
David Alan Ciesinski director H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
Edwina Kelly director 510 MADISON AVENUE, 15FL, NEW YORK NY 10022
Richard Scott Fox officer: Chief Operating Officer 14812 BALLANTYNE COUNTRY CLUB DRIVE, CHARLOTTE NC 28277
Matthew Rhodes officer: EVP, Strategy & Corp Dev 762 LANCASTER AVE, BRYN MAWR PA 19010
Wendy Franks director ONE QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5
Hilferty Daniel J Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Christopher Paul Luning officer: Sr. VP, General Counsel & Sec 762 W. LANCASTER AVE, BRYN MAWR PA 19010