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Canadian Utilities (TSX:CU.PR.D.PFD) PB Ratio

: (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 (2024-04-24), Canadian Utilities's share price is C$18.56. Canadian Utilities's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.00. Hence, Canadian Utilities's PB Ratio of today is .

Good Sign:

Canadian Utilities Ltd stock PB Ratio (=1.52) is close to 10-year low of 1.44

The historical rank and industry rank for Canadian Utilities's PB Ratio or its related term are showing as below:

TSX:CU.PR.D.PFD' s PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.03   Max: 2.76
Current: 1.52

During the past 13 years, Canadian Utilities's highest PB Ratio was 2.76. The lowest was 1.44. And the median was 2.03.

TSX:CU.PR.D.PFD's PB Ratio is ranked worse than
56.16% of 511 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs TSX:CU.PR.D.PFD: 1.52

During the past 12 months, Canadian Utilities's average Book Value Per Share Growth Rate was 0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Canadian Utilities was 9.30% per year. The lowest was 0.40% per year. And the median was 6.40% per year.

Back to Basics: PB Ratio


Canadian Utilities PB Ratio Historical Data

The historical data trend for Canadian Utilities'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.

Canadian Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Canadian Utilities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities PB Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's PB Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Utilities's PB Ratio falls into.



Canadian Utilities 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.

Canadian Utilities's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=18.56/
=

* 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.


Canadian Utilities  (TSX:CU.PR.D.PFD) 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.


Canadian Utilities PB Ratio Related Terms

Thank you for viewing the detailed overview of Canadian Utilities's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Utilities (TSX:CU.PR.D.PFD) Business Description

Address
5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

Canadian Utilities (TSX:CU.PR.D.PFD) Headlines

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