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 (2024-04-26), Genie Energy's share price is $15.54. Genie Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $7.19. Hence, Genie Energy's PB Ratio of today is 2.16.
The historical rank and industry rank for Genie Energy's PB Ratio or its related term are showing as below:
GNE'
s PB Ratio Range Over the Past 10 Years
Min: 1.27 Med: 2.07 Max: 4
Current: 2.16
During the past 13 years, Genie Energy's highest PB Ratio was 4.00. The lowest was 1.27. And the median was 2.07.
GNE's PB Ratio is ranked worse than 74.8% of 512
companies
in the Utilities - Regulated industry
Industry Median: 1.4
vs GNE: 2.16
During the past 12 months, Genie Energy's average Book Value Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Genie Energy was 56.80% per year. The lowest was -15.50% per year. And the median was 6.55% per year.
Back to Basics: PB Ratio
Genie Energy PB Ratio Historical Data
The historical data trend for Genie Energy'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 Utilities - Regulated Electric subindustry, Genie Energy'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.
Genie Energy's PB Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Genie Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Genie Energy's PB Ratio falls into.
Genie Energy 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.
Genie Energy'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.
Genie Energy PB Ratio Related Terms
Thank you for viewing the detailed overview of Genie Energy's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.
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