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Utility Split Trust (TSX:UST.PR.B.PFD) PB Ratio : (As of May. 14, 2024)


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What is Utility Split Trust 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 (2024-05-14), Utility Split Trust's share price is C$10.02. Utility Split Trust's Book Value per Share for the fiscal year that ended in Dec. 2015 was C$0.00. Hence, Utility Split Trust's PB Ratio of today is .

The historical rank and industry rank for Utility Split Trust's PB Ratio or its related term are showing as below:

TSX:UST.PR.B.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.92   Max: 1.1
Current: 0.93

During the past 8 years, Utility Split Trust's highest PB Ratio was 1.10. The lowest was 0.71. And the median was 0.92.

TSX:UST.PR.B.PFD's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95 vs TSX:UST.PR.B.PFD: 0.93

During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Utility Split Trust was 27.20% per year. The lowest was 2.80% per year. And the median was 11.50% per year.

Back to Basics: PB Ratio


Utility Split Trust PB Ratio Historical Data

The historical data trend for Utility Split Trust'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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Utility Split Trust PB Ratio Chart

Utility Split Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
PB Ratio
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Utility Split Trust Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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Competitive Comparison of Utility Split Trust's PB Ratio

For the Asset Management subindustry, Utility Split Trust'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.


Utility Split Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Utility Split Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Utility Split Trust's PB Ratio falls into.



Utility Split Trust 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.

Utility Split Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Dec. 2015)
=10.02/
=

* 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.


Utility Split Trust  (TSX:UST.PR.B.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.


Utility Split Trust PB Ratio Related Terms

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Utility Split Trust (TSX:UST.PR.B.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Utility Split Trust was formed on October 24, 2006 and is domiciled in Canada. It is a close ended equity mutual fund of fund launched by First Asset Fund Inc. The fund is managed by First Asset Investment Management Inc. It invests in funds investing in the public equity markets. The fund also makes direct investments in the public equity markets. It seeks to invest in stocks of companies engaged in the utilities sector.

Utility Split Trust (TSX:UST.PR.B.PFD) Headlines

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