As of today (2024-04-19), Southwest Gas Holdings's share price is $73.48. Southwest Gas Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $35.22. Hence, Southwest Gas Holdings's Price to Tangible Book Ratio of today is 2.09.
The historical rank and industry rank for Southwest Gas Holdings's Price-to-Tangible-Book or its related term are showing as below:
SWX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.49 Med: 2.04 Max: 3.61
Current: 2.09
During the past 13 years, Southwest Gas Holdings's highest Price to Tangible Book Ratio was 3.61. The lowest was 1.49. And the median was 2.04.
SWX's Price-to-Tangible-Book is ranked worse than 59.96% of 472
companies
in the Utilities - Regulated industry
Industry Median: 1.77
vs SWX: 2.09
A closely related ratio is called PB Ratio. As of today, Southwest Gas Holdings's share price is $73.48. Southwest Gas Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $46.25. Hence, Southwest Gas Holdings's P/B Ratio of today is 1.59.
Southwest Gas Holdings Price-to-Tangible-Book Historical Data
The historical data trend for Southwest Gas Holdings'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.
Southwest Gas Holdings Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.93
1.49
3.61
1.83
1.80
Southwest Gas Holdings 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
1.83
1.78
1.84
1.76
1.80
Competitive Comparison
For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings'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.
Southwest Gas Holdings Price-to-Tangible-Book Distribution
For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Southwest Gas Holdings's Price-to-Tangible-Book falls into.
Southwest Gas Holdings Price-to-Tangible-Book Calculation
Southwest Gas Holdings'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.
Southwest Gas Holdings Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Southwest Gas Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Southwest Gas Holdings (Southwest Gas Holdings) Business Description
Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.
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