As of today (2024-04-19), Pinnacle West Capital's share price is $72.97. Pinnacle West Capital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $52.11. Hence, Pinnacle West Capital's Price to Tangible Book Ratio of today is 1.40.
The historical rank and industry rank for Pinnacle West Capital's Price-to-Tangible-Book or its related term are showing as below:
PNW'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38 Med: 1.73 Max: 2
Current: 1.4
During the past 13 years, Pinnacle West Capital's highest Price to Tangible Book Ratio was 2.00. The lowest was 1.38. And the median was 1.73.
PNW's Price-to-Tangible-Book is ranked better than 60.81% of 472
companies
in the Utilities - Regulated industry
Industry Median: 1.75
vs PNW: 1.40
A closely related ratio is called PB Ratio. As of today, Pinnacle West Capital's share price is $72.97. Pinnacle West Capital's Book Value per Sharefor the quarter that ended in Dec. 2023 was $54.47. Hence, Pinnacle West Capital's P/B Ratio of today is 1.34.
Pinnacle West Capital Price-to-Tangible-Book Historical Data
The historical data trend for Pinnacle West Capital'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.
Pinnacle West Capital Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.97
1.68
1.42
1.49
1.38
Pinnacle West Capital 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
1.49
1.55
1.62
1.36
1.38
Competitive Comparison
For the Utilities - Regulated Electric subindustry, Pinnacle West Capital'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.
Pinnacle West Capital Price-to-Tangible-Book Distribution
For the Utilities - Regulated industry and Utilities sector, Pinnacle West Capital's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Pinnacle West Capital's Price-to-Tangible-Book falls into.
Pinnacle West Capital Price-to-Tangible-Book Calculation
Pinnacle West Capital's price-to-tangible-book ratio for today is calculated as:
* 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 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.
Pinnacle West Capital Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Pinnacle West Capital's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Pinnacle West Capital (Pinnacle West Capital) Business Description
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the U.S., Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
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