Contact Energy (ASX:CEN) PB Ratio : 2.41 (As of Apr. 25, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Contact Energy 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 (2024-04-25), Contact Energy's share price is A$7.88. Contact Energy's Book Value per Share for the quarter that ended in Jun. 2023 was A$3.27. Hence, Contact Energy's PB Ratio of today is 2.41.

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

ASX:CEN' s PB Ratio Range Over the Past 10 Years
Min: 1 Med: 1.53 Max: 2.95
Current: 2.43

During the past 13 years, Contact Energy's highest PB Ratio was 2.95. The lowest was 1.00. And the median was 1.53.

ASX:CEN's PB Ratio is ranked worse than
75.37% of 410 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.23 vs ASX:CEN: 2.43

During the past 12 months, Contact Energy's average Book Value Per Share Growth Rate was -1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Contact Energy was 25.20% per year. The lowest was -7.40% per year. And the median was 0.45% per year.

Back to Basics: PB Ratio

Contact Energy PB Ratio Historical Data

The historical data trend for Contact Energy'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.

Contact Energy PB Ratio Chart

Contact Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

2.07

2.28

Contact Energy Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial															-	2.14	-	2.27	2.28

Competitive Comparison of Contact Energy's PB Ratio

For the Utilities - Renewable subindustry, Contact Energy'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.

Contact Energy's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Contact Energy's PB Ratio distribution charts can be found below:

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

Contact Energy 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.

Contact Energy's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	7.88	/	3.265
	=	2.41

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Contact Energy (ASX:CEN) 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.

Contact Energy PB Ratio Related Terms

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

Contact Energy (ASX:CEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Contact Energy Ltd (ASX:CEN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CEN:New Zealand BZB:Germany

Address

29 Brandon Street, Harbour City Tower, Wellington, NTL, NZL, 6011

Website

https://www.contact.co.nz

Contact Energy is a diversified and integrated energy company. It owns a fleet of hydro, geothermal, and gas-fired generation assets, which produce close to 25% of New Zealand's electricity. It also retails electricity and gas to nearly half a million customers.