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), Energy Transfer LP's share price is $15.87. Energy Transfer LP's Book Value per Share for the quarter that ended in Dec. 2023 was $10.89. Hence, Energy Transfer LP's PB Ratio of today is 1.46.
The historical rank and industry rank for Energy Transfer LP's PB Ratio or its related term are showing as below:
ET'
s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.33 Max: 69.87
Current: 1.46
During the past 13 years, Energy Transfer LP's highest PB Ratio was 69.87. The lowest was 0.59. And the median was 1.33.
ET's PB Ratio is ranked worse than 58.18% of 990
companies
in the Oil & Gas industry
Industry Median: 1.23
vs ET: 1.46
During the past 12 months, Energy Transfer LP's average Book Value Per Share Growth Rate was 2.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Energy Transfer LP was 118.60% per year. The lowest was 9.00% per year. And the median was 16.70% per year.
Back to Basics: PB Ratio
Energy Transfer LP PB Ratio Historical Data
The historical data trend for Energy Transfer 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 Energy Transfer LP's PB Ratio
For the Oil & Gas Midstream subindustry, Energy Transfer 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.
Energy Transfer LP's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy Transfer LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's PB Ratio falls into.
Energy Transfer 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.
Energy Transfer 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.
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.
Energy Transfer LP PB Ratio Related Terms
Thank you for viewing the detailed overview of Energy Transfer LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Energy Transfer LP (Energy Transfer LP) Business Description
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
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