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Union Gas (TSX:UNG.PR.D.PFD) Price-to-Tangible-Book : (As of Jun. 09, 2024)


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What is Union Gas Price-to-Tangible-Book?

As of today (2024-06-09), Union Gas's share price is C$55.00. Union Gas's Tangible Book per Share of . 20 for the quarter that ended in . 20 was C$0.00. Hence, Union Gas's Price to Tangible Book Ratio of today is .

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

TSX:UNG.PR.D.PFD's Price-to-Tangible-Book is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.76
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Union Gas's share price is C$55.00. Union Gas's Book Value per Sharefor the quarter that ended in . 20 was C$0.00. Hence, Union Gas's P/B Ratio of today is .

Union Gas Price-to-Tangible-Book Historical Data

The historical data trend for Union Gas'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.

Union Gas Price-to-Tangible-Book Chart

Union Gas Annual Data
Trend
Price-to-Tangible-Book

Union Gas Quarterly Data
Price-to-Tangible-Book

Competitive Comparison of Union Gas's Price-to-Tangible-Book

For the Utilities - Regulated Gas subindustry, Union Gas'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.

Union Gas's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Union Gas's Price-to-Tangible-Book distribution charts can be found below:

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


Union Gas Price-to-Tangible-Book Calculation

Union Gas's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: . 20 )
=55.00/
=

* 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:

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.

Union Gas Price-to-Tangible-Book Related Terms

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

Union Gas (TSX:UNG.PR.D.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Gas Ltd (TSX:UNG.PR.D.PFD) » Definitions » Price-to-Tangible-Book
Comparable Companies
TSXV:CFY TSX:VNR
Traded in Other Exchanges
N/A
Address
50 Keil Drive North, Chatham, ON, CAN, N7M 5M1
Website
http://www.uniongas.com
Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

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