Market Cap : 9.76 B | Enterprise Value : 15.67 B | PE Ratio : 10.81 | PB Ratio : 5.42 |
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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 (2022-07-05), Magellan Midstream Partners LP's share price is $46.08. Magellan Midstream Partners LP's Book Value per Share for the quarter that ended in Mar. 2022 was $8.52. Hence, Magellan Midstream Partners LP's PB Ratio of today is 5.41.
The historical rank and industry rank for Magellan Midstream Partners LP's PB Ratio or its related term are showing as below:
During the past 13 years, Magellan Midstream Partners LP's highest PB Ratio was 10.95. The lowest was 2.63. And the median was 6.93.
MMP's PB Ratio is ranked worse thanDuring the past 12 months, Magellan Midstream Partners LP's average Book Value Per Share Growth Rate was -17.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Magellan Midstream Partners LP was 134.10% per year. The lowest was -56.40% per year. And the median was 5.20% per year.
The historical data trend for Magellan Midstream Partners 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.
For the Oil & Gas Midstream subindustry, Magellan Midstream Partners 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.
For the Oil & Gas industry and Energy sector, Magellan Midstream Partners LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Magellan Midstream Partners LP's PB Ratio falls into.
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.
Magellan Midstream Partners LP's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Mar. 2022) |
= | 46.08 | / | 8.519 | |
= | 5.41 |
* 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:
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.
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.
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.
Thank you for viewing the detailed overview of Magellan Midstream Partners LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Joung Chansoo | director | C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 |
Guay Edward J | director | ONE WILLIAMS CENTER, SUITE 2800 TULSA OK 74172 |
Gobillot Lori | director | 5103 CITY WEST BLVD. 4TH FLOOR HOUSTON TX 77042 |
Arnheim Walter R | director | ONE WILLIAMS CENTER, MD 28-1 TULSA OK 74172 |
Croyle Robert G | director | ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172 |
Pearl Barry R | director | P.O. BOX 2521 HOUSTON TX 77252-2521 |
Montague James R | director | FIVE RADNOR CORPORATE CENTER SUITE 500 RADNOR PA 19087 |
May Douglas J | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 4100 TULSA OK 74172 |
Selvidge Jeff R | officer: Senior Vice President | ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172 |
Little Melanie A | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 2800 TULSA OK 74172 |
Pearson Michael C | officer: Senior Vice President | ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172 |
Holman Jeffrey L | officer: Senior Vice President & CFO | ONE WILLIAMS CENTER TULSA OK 74172 |
Milford Aaron L | officer: Chief Operating Officer | ONE WILLIAMS CENTER TULSA OK 74172 |
Barnes Robert L | officer: Senior Vice President | ONE WILLIAMS CENTER SUITE 2800 TULSA OK 74172 |
Aaronson Michael | officer: Senior Vice President | 16666 NORTHCHASE DRIVE HOUSTON TX 77060 |
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