Brookfield Renewable Partners LP (Brookfield Renewable Partners LP) PB Ratio

: 1.26 (As of Today)

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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 (2024-04-19), Brookfield Renewable Partners LP's share price is $20.67. Brookfield Renewable Partners LP's Book Value per Share for the quarter that ended in Dec. 2023 was $16.45. Hence, Brookfield Renewable Partners LP's PB Ratio of today is 1.26.

Good Sign:

Brookfield Renewable Partners LP stock PB Ratio (=1.28) is close to 3-year low of 1.24

The historical rank and industry rank for Brookfield Renewable Partners LP's PB Ratio or its related term are showing as below:

BEP' s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.2 Max: 2.76
Current: 1.29

During the past 13 years, Brookfield Renewable Partners LP's highest PB Ratio was 2.76. The lowest was 0.76. And the median was 1.20.

BEP's PB Ratio is ranked worse than
50.73% of 410 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs BEP: 1.29

During the past 12 months, Brookfield Renewable Partners LP's average Book Value Per Share Growth Rate was -7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Brookfield Renewable Partners LP was 92.50% per year. The lowest was -19.10% per year. And the median was 0.45% per year.

Back to Basics: PB Ratio

Brookfield Renewable Partners LP PB Ratio Historical Data

The historical data trend for Brookfield Renewable 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.

* Premium members only.

Brookfield Renewable Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.23

2.43

1.98

1.44

1.60

Brookfield Renewable Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																1.44	1.81	1.68	1.27	1.60

Competitive Comparison

For the Utilities - Renewable subindustry, Brookfield Renewable 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.

Brookfield Renewable Partners LP PB Ratio Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Partners LP's PB Ratio falls into.

Brookfield Renewable Partners 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.

Brookfield Renewable Partners LP's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	20.67	/	16.447
	=	1.26

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.

Brookfield Renewable Partners LP (NYSE:BEP) 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.

Brookfield Renewable Partners LP PB Ratio Related Terms

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Brookfield Renewable Partners LP (Brookfield Renewable Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Brookfield Renewable Partners LP (NYSE:BEP) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

BEPpA.PFD:USA BEP.PR.O.PFD:Canada BEP.PR.M.PFD:Canada BEP.UN:Canada BEP.PR.G.PFD:Canada

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM 12

Website

https://www.bep.brookfield.com

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.