Connecticut Water Service (Connecticut Water Service) Price-to-Tangible-Book : (As of Jun. 06, 2024)

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What is Connecticut Water Service Price-to-Tangible-Book?

As of today (2024-06-06), Connecticut Water Service's share price is $17.00. Connecticut Water Service's Tangible Book per Share of Jun. 2019 for the quarter that ended in Jun. 2019 was $0.00. Hence, Connecticut Water Service's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Connecticut Water Service's highest Price to Tangible Book Ratio was 3.67. The lowest was 0.00. And the median was 2.18.

CTWSP.PFD's Price-to-Tangible-Book is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 1.735
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Connecticut Water Service's share price is $17.00. Connecticut Water Service's Book Value per Sharefor the quarter that ended in Jun. 2019 was $0.00. Hence, Connecticut Water Service's P/B Ratio of today is .

Connecticut Water Service Price-to-Tangible-Book Historical Data

The historical data trend for Connecticut Water Service'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.

Connecticut Water Service Price-to-Tangible-Book Chart

Connecticut Water Service Annual Data

Trend

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Price-to-Tangible-Book

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Connecticut Water Service Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Connecticut Water Service's Price-to-Tangible-Book

For the Utilities - Regulated Water subindustry, Connecticut Water Service'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.

Connecticut Water Service's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Connecticut Water Service's Price-to-Tangible-Book distribution charts can be found below:

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

Connecticut Water Service Price-to-Tangible-Book Calculation

Connecticut Water Service's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2019 )
	=	17.00	/
	=

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.

Connecticut Water Service Price-to-Tangible-Book Related Terms

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Connecticut Water Service (Connecticut Water Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Connecticut Water Service Inc (OTCPK:CTWSP.PFD) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

93 West Main Street, Clinton, CT, USA, 06413

Website

http://www.ctwater.com

Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.