Hydro One (TSX:H) Price-to-Tangible-Book : 2.59 (As of Jun. 28, 2025)

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What is Hydro One Price-to-Tangible-Book?

As of today (2025-06-28), Hydro One's share price is C$48.56. Hydro One's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was C$18.72. Hence, Hydro One's Price to Tangible Book Ratio of today is 2.59.

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

TSX:H' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26 Med: 1.75 Max: 2.63
Current: 2.59

During the past 13 years, Hydro One's highest Price to Tangible Book Ratio was 2.63. The lowest was 1.26. And the median was 1.75.

TSX:H's Price-to-Tangible-Book is ranked worse than
71.27% of 449 companies
in the Utilities - Regulated industry
Industry Median: 1.77 vs TSX:H: 2.59

A closely related ratio is called PB Ratio. As of today, Hydro One's share price is C$48.56. Hydro One's Book Value per Sharefor the quarter that ended in Mar. 2025 was C$20.45. Hence, Hydro One's P/B Ratio of today is 2.37.

Hydro One Price-to-Tangible-Book Historical Data

The historical data trend for Hydro One'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.

Hydro One Price-to-Tangible-Book Chart

Hydro One Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.77

1.98

2.10

2.23

2.40

Hydro One Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.20	2.20	2.55	2.40	2.58

Competitive Comparison of Hydro One's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, Hydro One'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.

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

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

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

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Hydro One Price-to-Tangible-Book Calculation

Hydro One's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2025 )
	=	48.56	/	18.723
	=	2.59

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.

Hydro One Price-to-Tangible-Book Related Terms

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

Hydro One Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hydro One Ltd (TSX:H) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HRNNF:USA 8H1:Germany

Address

483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5

Website

https://www.hydroone.com

Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.5% common equity stake.

Executives

Stacey Mowbray	Director
Paul Hugh Harricks	Senior Officer
Jason Kells Fitzsimmons	Senior Officer
William H. Sheffield	Director
Darlene Ann Bradley	Senior Officer