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 (2024-04-24), Boardwalk Pipeline Partners LP's share price is $12.05. Boardwalk Pipeline Partners LP's Book Value per Share for the quarter that ended in Dec. 2023 was $23.14. Hence, Boardwalk Pipeline Partners LP's PB Ratio of today is 0.52.
Good Sign:
Boardwalk Pipeline Partners LP stock PB Ratio (=0.52) is close to 10-year low of 0.5
The historical rank and industry rank for Boardwalk Pipeline Partners LP's PB Ratio or its related term are showing as below:
BWP'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 0.95 Max: 1.89
Current: 0.52
During the past 13 years, Boardwalk Pipeline Partners LP's highest PB Ratio was 1.89. The lowest was 0.50. And the median was 0.95.
BWP's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.23
vs BWP: 0.52
During the past 12 months, Boardwalk Pipeline Partners LP's average Book Value Per Share Growth Rate was 1.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Boardwalk Pipeline Partners LP was 24.10% per year. The lowest was -1.30% per year. And the median was 3.70% per year.
Back to Basics: PB Ratio
Boardwalk Pipeline Partners LP PB Ratio Historical Data
The historical data trend for Boardwalk Pipeline 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.
Competitive Comparison of Boardwalk Pipeline Partners LP's PB Ratio
For the Oil & Gas Midstream subindustry, Boardwalk Pipeline 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.
Boardwalk Pipeline Partners LP's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Boardwalk Pipeline Partners LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Boardwalk Pipeline Partners LP's PB Ratio falls into.
Boardwalk Pipeline 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.
Boardwalk Pipeline Partners LP's PB Ratio for today is calculated as follows:
* 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.
Boardwalk Pipeline Partners LP (NYSE:BWP) PB Ratio Explanation
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.
Boardwalk Pipeline Partners LP PB Ratio Related Terms
Thank you for viewing the detailed overview of Boardwalk Pipeline Partners LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Business Description
Boardwalk Pipeline Partners LP was formed to acquire and develop natural gas pipelines and storage facilities. The Company operates in only one reportable segment which is the operation of interstate natural gas and NGLs pipeline systems and integrated storage facilities. It serves producers of natural gas, local distribution companies (LDCs), marketers, electric power generators, industrial users and interstate, and intrastate pipelines.
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