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Innergex Renewable Energy (TSX:INE.PR.A.PFD) Price-to-Tangible-Book : (As of Apr. 27, 2024)


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What is Innergex Renewable Energy Price-to-Tangible-Book?

As of today (2024-04-27), Innergex Renewable Energy's share price is C$12.67. Innergex Renewable Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.00. Hence, Innergex Renewable Energy's Price to Tangible Book Ratio of today is .

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

TSX:INE.PR.A.PFD's Price-to-Tangible-Book is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.405
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Innergex Renewable Energy's share price is C$12.67. Innergex Renewable Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.00. Hence, Innergex Renewable Energy's P/B Ratio of today is .


Innergex Renewable Energy Price-to-Tangible-Book Historical Data

The historical data trend for Innergex Renewable Energy'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.

Innergex Renewable Energy Price-to-Tangible-Book Chart

Innergex Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Innergex Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Innergex Renewable Energy's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Innergex Renewable Energy'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.


Innergex Renewable Energy's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Innergex Renewable Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Innergex Renewable Energy's Price-to-Tangible-Book falls into.



Innergex Renewable Energy Price-to-Tangible-Book Calculation

Innergex Renewable Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=12.67/
=

* 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.


Innergex Renewable Energy Price-to-Tangible-Book Related Terms

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


Innergex Renewable Energy (TSX:INE.PR.A.PFD) Business Description

Address
1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9
Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.

Innergex Renewable Energy (TSX:INE.PR.A.PFD) Headlines

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