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 (2024-05-01), Petronas Gas Bhd's share price is RM18.00. Petronas Gas Bhd's Book Value per Share for the quarter that ended in Dec. 2023 was RM6.85. Hence, Petronas Gas Bhd's PB Ratio of today is 2.63.
Good Sign:
Petronas Gas Bhd stock PB Ratio (=2.63) is close to 3-year low of 2.37
The historical rank and industry rank for Petronas Gas Bhd's PB Ratio or its related term are showing as below:
XKLS:6033'
s PB Ratio Range Over the Past 10 Years
Min: 2.26 Med: 2.78 Max: 4.87
Current: 2.63
During the past 13 years, Petronas Gas Bhd's highest PB Ratio was 4.87. The lowest was 2.26. And the median was 2.78.
XKLS:6033's PB Ratio is ranked worse than 81.21% of 511
companies
in the Utilities - Regulated industry
Industry Median: 1.39
vs XKLS:6033: 2.63
During the past 12 months, Petronas Gas Bhd's average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Petronas Gas Bhd was 8.60% per year. The lowest was -0.20% per year. And the median was 3.90% per year.
Back to Basics: PB Ratio
Petronas Gas Bhd PB Ratio Historical Data
The historical data trend for Petronas Gas Bhd'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.
Competitive Comparison of Petronas Gas Bhd's PB Ratio
For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.
Petronas Gas Bhd's PB Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's PB Ratio distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd's PB Ratio falls into.
Petronas Gas Bhd 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.
* 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.
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.
Petronas Gas Bhd PB Ratio Related Terms
Thank you for viewing the detailed overview of Petronas Gas Bhd's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
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