GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (NYSE:PPL) » Definitions » PB Ratio

PPL (PPL) PB Ratio : 1.69 (As of Dec. 14, 2024)


View and export this data going back to 1948. Start your Free Trial

What is PPL PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), PPL's share price is $32.29. PPL's Book Value per Share for the quarter that ended in Sep. 2024 was $19.10. Hence, PPL's PB Ratio of today is 1.69.

The historical rank and industry rank for PPL's PB Ratio or its related term are showing as below:

PPL' s PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.71   Max: 2.72
Current: 1.69

During the past 13 years, PPL's highest PB Ratio was 2.72. The lowest was 1.16. And the median was 1.71.

PPL's PB Ratio is ranked worse than
59.8% of 505 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs PPL: 1.69

During the past 12 months, PPL's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PPL was 20.90% per year. The lowest was -13.70% per year. And the median was 4.20% per year.

Back to Basics: PB Ratio


PPL PB Ratio Historical Data

The historical data trend for PPL's PB Ratio 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.

PPL PB Ratio Chart

PPL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 1.62 1.61 1.55 1.43

PPL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio 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 1.24 1.43 1.44 1.45 1.73

Competitive Comparison of PPL's PB Ratio

For the Utilities - Regulated Electric subindustry, PPL's PB Ratio, along with its competitors' market caps and PB Ratio 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.


PPL's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PPL's PB Ratio distribution charts can be found below:

* The bar in red indicates where PPL's PB Ratio falls into.



PPL PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

PPL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=32.29/19.101
=1.69

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


PPL  (NYSE:PPL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


PPL PB Ratio Related Terms

Thank you for viewing the detailed overview of PPL's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PPL Business Description

Traded in Other Exchanges
Address
Two North Ninth Street, Allentown, PA, USA, 18101-1179
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Rhode Island Energy operates electric and gas utilities in Rhode Island.
Executives
Crockett John R Iii officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Tadd J Henninger officer: Vice President and Treasurer TWO NORTH NINTH STREET, ALLENTOWN PA 18101
David J Bonenberger officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Linda G Sullivan director P.O.BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Francis X Sullivan officer: EVP and COO TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Bergstein Joseph P Jr officer: VP-IR and Treasurer TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Vincent Sorgi officer: Vice President and Controller TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Stephanie R Raymond officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Gregory N Dudkin officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Angela K Gosman officer: SVP and CHRO TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Heather B Redman director TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Wendy E Stark officer: SVP, GC and Corp Sec TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Joanne H Raphael officer: SVP, GC & Corp Sec TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Art P Beattie director 600 NORTH 18TH STREET, BIRMINGHAM AL 35291
William H Spence officer: Executive VP and COO UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066