As of today (2024-04-28), MGE Energy's share price is $77.60. MGE Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $31.53. Hence, MGE Energy's Price to Tangible Book Ratio of today is 2.46.
The historical rank and industry rank for MGE Energy's Price-to-Tangible-Book or its related term are showing as below:
MGEE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.29 Med: 2.57 Max: 3.19
Current: 2.46
During the past 13 years, MGE Energy's highest Price to Tangible Book Ratio was 3.19. The lowest was 2.29. And the median was 2.57.
MGEE's Price-to-Tangible-Book is ranked worse than 67.3% of 471
companies
in the Utilities - Regulated industry
Industry Median: 1.78
vs MGEE: 2.46
The historical data trend for MGE Energy'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.
Competitive Comparison of MGE Energy's Price-to-Tangible-Book
For the Utilities - Regulated Electric subindustry, MGE Energy'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.
MGE Energy's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MGE Energy's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where MGE Energy's Price-to-Tangible-Book falls into.
MGE Energy Price-to-Tangible-Book Calculation
MGE Energy's price-to-tangible-book ratio for today is calculated as:
* 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 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.
MGE Energy Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of MGE Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
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