Light (BSP:LIGT3) Price-to-Tangible-Book : 1.83 (As of May. 12, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Light Price-to-Tangible-Book?

As of today (2024-05-12), Light's share price is R$5.13. Light's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R$2.80. Hence, Light's Price to Tangible Book Ratio of today is 1.83.

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

BSP:LIGT3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.74 Med: 2.5 Max: 11.49
Current: 1.83

During the past 13 years, Light's highest Price to Tangible Book Ratio was 11.49. The lowest was 0.74. And the median was 2.50.

BSP:LIGT3's Price-to-Tangible-Book is ranked worse than
59.29% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.48 vs BSP:LIGT3: 1.83

A closely related ratio is called PB Ratio. As of today, Light's share price is R$5.13. Light's Book Value per Sharefor the quarter that ended in Dec. 2023 was R$8.31. Hence, Light's P/B Ratio of today is 0.62.

Light Price-to-Tangible-Book Historical Data

The historical data trend for Light'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.

Light Price-to-Tangible-Book Chart

Light Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.13

1.77

0.74

4.58

2.86

Light Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															4.58	1.48	4.17	2.38	2.86

Competitive Comparison of Light's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Light'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.

Light's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Light's Price-to-Tangible-Book distribution charts can be found below:

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

Light Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	5.13	/	2.802
	=	1.83

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.

Light Price-to-Tangible-Book Related Terms

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

Light (BSP:LIGT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (BSP:LIGT3) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

LGSXY:USA

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. Headquartered in the city of Rio de Janeiro, Light primarily generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives most of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. Larger commercial customers represent the second- largest group.

Light (BSP:LIGT3) Headlines

No Headlines