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Centuri Holdings (Centuri Holdings) PB Ratio : 12.03 (As of May. 31, 2024)


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What is Centuri Holdings 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 (2024-05-31), Centuri Holdings's share price is $27.45. Centuri Holdings's Book Value per Share for the quarter that ended in Mar. 2024 was $2.28. Hence, Centuri Holdings's PB Ratio of today is 12.03.

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

CTRI' s PB Ratio Range Over the Past 10 Years
Min: 10.5   Med: 11.13   Max: 11.84
Current: 11.84

During the past 4 years, Centuri Holdings's highest PB Ratio was 11.84. The lowest was 10.50. And the median was 11.13.

CTRI's PB Ratio is ranked worse than
98.62% of 509 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs CTRI: 11.84

During the past 12 months, Centuri Holdings's average Book Value Per Share Growth Rate was 33.50% per year.

Back to Basics: PB Ratio


Centuri Holdings PB Ratio Historical Data

The historical data trend for Centuri Holdings'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.

Centuri Holdings PB Ratio Chart

Centuri Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - -

Centuri Holdings Quarterly Data
Dec20 Dec21 Dec22 Mar23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of Centuri Holdings's PB Ratio

For the Utilities - Regulated Gas subindustry, Centuri Holdings'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.


Centuri Holdings's PB Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Centuri Holdings's PB Ratio falls into.



Centuri Holdings 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.

Centuri Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=27.45/2.282
=12.03

* 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.


Centuri Holdings  (NYSE:CTRI) 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.


Centuri Holdings PB Ratio Related Terms

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Centuri Holdings (Centuri Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027
Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

Centuri Holdings (Centuri Holdings) Headlines