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), DCP Midstream LP's share price is $41.69. DCP Midstream LP's Book Value per Share for the quarter that ended in Mar. 2023 was $29.37. Hence, DCP Midstream LP's PB Ratio of today is 1.42.
The historical rank and industry rank for DCP Midstream LP's PB Ratio or its related term are showing as below:
DCP'
s PB Ratio Range Over the Past 10 Years
Min: 0.11 Med: 1.1 Max: 2.89
Current: 1.42
During the past 13 years, DCP Midstream LP's highest PB Ratio was 2.89. The lowest was 0.11. And the median was 1.10.
DCP's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.24
vs DCP: 1.42
During the past 12 months, DCP Midstream LP's average Book Value Per Share Growth Rate was 4.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -12.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of DCP Midstream LP was 38.70% per year. The lowest was -32.60% per year. And the median was 10.00% per year.
Back to Basics: PB Ratio
DCP Midstream LP PB Ratio Historical Data
The historical data trend for DCP Midstream LP'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 DCP Midstream LP's PB Ratio
For the Oil & Gas Midstream subindustry, DCP Midstream LP'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.
DCP Midstream LP's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DCP Midstream LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where DCP Midstream LP's PB Ratio falls into.
DCP Midstream LP 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.
DCP Midstream LP PB Ratio Related Terms
Thank you for viewing the detailed overview of DCP Midstream LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
DCP Midstream LP (DCP Midstream LP) Business Description
DCP Midstream LP is primarily a gathering and processor partnership with major asset bases in the Permian, Scoop/Stack, Eagle Ford, and DJ Basin. It also has investments in the Sand Hills natural gas liquids pipeline as well as the Gulf Coast Express gas pipeline, which both serve the growing Permian basin. The company's segment includes Logistics and Marketing and Gathering and Processing. It generates maximum revenue from the Logistics and Marketing segment.
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