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 (2024-04-23), MDU Resources Group's share price is $24.50. MDU Resources Group's Book Value per Share for the quarter that ended in Dec. 2023 was $14.26. Hence, MDU Resources Group's PB Ratio of today is 1.72.
Warning Sign:
MDU Resources Group Inc stock PB Ratio (=1.69) is close to 10-year high of 1.77
The historical rank and industry rank for MDU Resources Group's PB Ratio or its related term are showing as below:
MDU'
s PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.35 Max: 1.77
Current: 1.72
During the past 13 years, MDU Resources Group's highest PB Ratio was 1.77. The lowest was 0.86. And the median was 1.35.
MDU's PB Ratio is ranked worse than 71.54% of 513
companies
in the Conglomerates industry
Industry Median: 1.05
vs MDU: 1.72
During the past 12 months, MDU Resources Group's average Book Value Per Share Growth Rate was -19.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MDU Resources Group was 15.30% per year. The lowest was -8.20% per year. And the median was 7.30% per year.
Back to Basics: PB Ratio
MDU Resources Group PB Ratio Historical Data
The historical data trend for MDU Resources Group'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.
For the Conglomerates subindustry, MDU Resources Group'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.
MDU Resources Group PB Ratio Distribution
For the Conglomerates industry and Industrials sector, MDU Resources Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where MDU Resources Group's PB Ratio falls into.
MDU Resources Group 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.
MDU Resources Group's PB Ratio for today is calculated as follows:
* 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.
MDU Resources Group (NYSE:MDU) PB Ratio Explanation
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.
MDU Resources Group PB Ratio Related Terms
Thank you for viewing the detailed overview of MDU Resources Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
MDU Resources Group (MDU Resources Group) Business Description
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.
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