Energix-Renewable Energies (XTAE:ENRG) Price-to-Tangible-Book : 3.51 (As of May. 23, 2024)

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What is Energix-Renewable Energies Price-to-Tangible-Book?

As of today (2024-05-23), Energix-Renewable Energies's share price is ₪14.72. Energix-Renewable Energies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₪4.20. Hence, Energix-Renewable Energies's Price to Tangible Book Ratio of today is 3.51.

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

XTAE:ENRG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 2.61 Max: 5.39
Current: 3.5

During the past 13 years, Energix-Renewable Energies's highest Price to Tangible Book Ratio was 5.39. The lowest was 0.81. And the median was 2.61.

XTAE:ENRG's Price-to-Tangible-Book is ranked worse than
80.81% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.5 vs XTAE:ENRG: 3.50

A closely related ratio is called PB Ratio. As of today, Energix-Renewable Energies's share price is ₪14.72. Energix-Renewable Energies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₪4.20. Hence, Energix-Renewable Energies's P/B Ratio of today is 3.51.

Energix-Renewable Energies Price-to-Tangible-Book Historical Data

The historical data trend for Energix-Renewable Energies'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.

Energix-Renewable Energies Price-to-Tangible-Book Chart

Energix-Renewable Energies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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4.42

4.48

4.28

2.61

3.09

Energix-Renewable Energies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.29	2.73	2.54	3.09	3.22

Competitive Comparison of Energix-Renewable Energies's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Energix-Renewable Energies'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.

Energix-Renewable Energies's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

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

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

Energix-Renewable Energies Price-to-Tangible-Book Calculation

Energix-Renewable Energies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	14.72	/	4.195
	=	3.51

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.

Energix-Renewable Energies Price-to-Tangible-Book Related Terms

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Energix-Renewable Energies (XTAE:ENRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energix-Renewable Energies Ltd (XTAE:ENRG) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

ENREF:USA

Address

2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501

Website

https://www.energix-group.com

Energix-Renewable Energies Ltd is an Israel based renewable energy company engaged in the field of solar (photovoltaic) and wind energy. The group operates its activities in two reporting segments namely, the Photovoltaic segment, and the Wind segment. It develops, plans, and constructs projects for the production and sale of electricity using its photovoltaic solar systems under the Photovoltaic segment. The company also plans and constructs projects for the production and sale of electricity by using wind energy. Its Wind energy segment projects are located in Israel and Poland. The group generates the majority of its revenue from the Wind segment.