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Pembina Pipeline (TSX:PPL.PR.K.PFD) PB Ratio : (As of Apr. 24, 2024)


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What is Pembina Pipeline PB Ratio?

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), Pembina Pipeline's share price is C$24.97. Pembina Pipeline's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.00. Hence, Pembina Pipeline's PB Ratio of today is .

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

TSX:PPL.PR.K.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.02   Max: 3.33
Current: 1.96

During the past 13 years, Pembina Pipeline's highest PB Ratio was 3.33. The lowest was 0.91. And the median was 2.02.

TSX:PPL.PR.K.PFD's PB Ratio is ranked worse than
70.61% of 990 companies
in the Oil & Gas industry
Industry Median: 1.23 vs TSX:PPL.PR.K.PFD: 1.96

During the past 12 months, Pembina Pipeline's average Book Value Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pembina Pipeline was 41.30% per year. The lowest was -10.20% per year. And the median was 1.80% per year.

Back to Basics: PB Ratio


Pembina Pipeline PB Ratio Historical Data

The historical data trend for Pembina Pipeline'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.

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Pembina Pipeline PB Ratio Chart

Pembina Pipeline Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Pembina Pipeline 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 of Pembina Pipeline's PB Ratio

For the Oil & Gas Midstream subindustry, Pembina Pipeline'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.


Pembina Pipeline's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pembina Pipeline's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pembina Pipeline's PB Ratio falls into.



Pembina Pipeline 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.

Pembina Pipeline's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=24.97/
=

* 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.


Pembina Pipeline  (TSX:PPL.PR.K.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.


Pembina Pipeline PB Ratio Related Terms

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


Pembina Pipeline (TSX:PPL.PR.K.PFD) Business Description

Address
585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.

Pembina Pipeline (TSX:PPL.PR.K.PFD) Headlines

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