As of today (2024-04-23), RGC Resources's share price is $19.40. RGC Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.29. Hence, RGC Resources's Price to Tangible Book Ratio of today is 1.88.
The historical rank and industry rank for RGC Resources's Price-to-Tangible-Book or its related term are showing as below:
RGCO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.7 Med: 2.1 Max: 3.54
Current: 1.89
During the past 13 years, RGC Resources's highest Price to Tangible Book Ratio was 3.54. The lowest was 1.70. And the median was 2.10.
RGCO's Price-to-Tangible-Book is ranked worse than 52.87% of 471
companies
in the Utilities - Regulated industry
Industry Median: 1.78
vs RGCO: 1.89
A closely related ratio is called PB Ratio. As of today, RGC Resources's share price is $19.40. RGC Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.29. Hence, RGC Resources's P/B Ratio of today is 1.88.
RGC Resources Price-to-Tangible-Book Historical Data
The historical data trend for RGC Resources'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 - Regulated Gas subindustry, RGC Resources'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.
RGC Resources Price-to-Tangible-Book Distribution
For the Utilities - Regulated industry and Utilities sector, RGC Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where RGC Resources's Price-to-Tangible-Book falls into.
RGC Resources Price-to-Tangible-Book Calculation
RGC Resources'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.
RGC Resources Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of RGC Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
RGC Resources (RGC Resources) Business Description
RGC Resources Inc is involved in the business of distribution and sale of natural gas to residential, commercial, and industrial customers within its service territory in Roanoke, Virginia and its surrounding localities as well as it also provides certain non-regulated services. The company relies on multiple interstate pipelines to transport natural gas. The company operates in three segments: Gas Utility, which is the key revenue generator; Investment in Affiliates this segment reflects the income generated through the activities of the Company's investment in MVP and Southgate projects and Parent & Other include the unregulated activities of the Company as well as certain corporate eliminations.
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