Northland Power (TSX:NPI) Price-to-Tangible-Book : 1.78 (As of Apr. 30, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Northland Power Price-to-Tangible-Book?

As of today (2024-04-30), Northland Power's share price is C$20.57. Northland Power's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$11.59. Hence, Northland Power's Price to Tangible Book Ratio of today is 1.78.

The historical rank and industry rank for Northland Power's Price-to-Tangible-Book or its related term are showing as below:

TSX:NPI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.77 Med: 17.27 Max: 1092.14
Current: 1.77

During the past 13 years, Northland Power's highest Price to Tangible Book Ratio was 1092.14. The lowest was 1.77. And the median was 17.27.

TSX:NPI's Price-to-Tangible-Book is ranked worse than
58.06% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.42 vs TSX:NPI: 1.77

A closely related ratio is called PB Ratio. As of today, Northland Power's share price is C$20.57. Northland Power's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$15.85. Hence, Northland Power's P/B Ratio of today is 1.30.

Northland Power Price-to-Tangible-Book Historical Data

The historical data trend for Northland Power's Price-to-Tangible-Book 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.

Northland Power Price-to-Tangible-Book Chart

Northland Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

64.00

31.83

6.92

3.08

2.08

Northland Power Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.08	2.75	2.30	1.83	2.08

Competitive Comparison of Northland Power's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Northland Power's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Northland Power's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Northland Power's Price-to-Tangible-Book falls into.

Northland Power Price-to-Tangible-Book Calculation

Northland Power's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	20.57	/	11.587
	=	1.78

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Northland Power Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Northland Power's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Northland Power (TSX:NPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Northland Power Inc (TSX:NPI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NPIFF:USA 1NR:Germany NPI.PR.B.PFD:Canada NPI.PR.A.PFD:Canada

Address

30 St. Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1

Website

https://www.northlandpower.com

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.