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Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) PB Ratio

: 1.84 (As of Today)
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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 (2024-04-16), Brookfield Infrastructure Partners LP's share price is $24.97. Brookfield Infrastructure Partners LP's Book Value per Share for the quarter that ended in Dec. 2023 was $13.58. Hence, Brookfield Infrastructure Partners LP's PB Ratio of today is 1.84.

The historical rank and industry rank for Brookfield Infrastructure Partners LP's PB Ratio or its related term are showing as below:

BIP' s PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.9   Max: 3.16
Current: 1.89

During the past 13 years, Brookfield Infrastructure Partners LP's highest PB Ratio was 3.16. The lowest was 1.24. And the median was 1.90.

BIP's PB Ratio is ranked worse than
68.49% of 511 companies
in the Utilities - Regulated industry
Industry Median: 1.35 vs BIP: 1.89

During the past 12 months, Brookfield Infrastructure Partners LP's average Book Value Per Share Growth Rate was -2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Brookfield Infrastructure Partners LP was 13.10% per year. The lowest was -21.80% per year. And the median was 4.70% per year.

Back to Basics: PB Ratio


Brookfield Infrastructure Partners LP PB Ratio Historical Data

The historical data trend for Brookfield Infrastructure Partners LP'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.

Brookfield Infrastructure Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.20 2.71 2.70 2.25 2.32

Brookfield Infrastructure Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.25 2.56 2.71 2.14 2.32

Competitive Comparison

For the Utilities - Diversified subindustry, Brookfield Infrastructure Partners LP'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.


Brookfield Infrastructure Partners LP PB Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield Infrastructure Partners LP's PB Ratio falls into.



Brookfield Infrastructure Partners LP 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.

Brookfield Infrastructure Partners LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=24.97/13.584
=1.84

* 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.


Brookfield Infrastructure Partners LP  (NYSE:BIP) 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.


Brookfield Infrastructure Partners LP PB Ratio Related Terms

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Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM12
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Canada and also has a presence in Australia, Colombia, United Kingdom, Brazil, United States of America, Chile, Peru and other countries.