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Otter Tail (FRA:OT4) Price-to-Tangible-Book : 2.61 (As of May. 17, 2024)


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What is Otter Tail Price-to-Tangible-Book?

As of today (2024-05-17), Otter Tail's share price is €83.50. Otter Tail's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €32.00. Hence, Otter Tail's Price to Tangible Book Ratio of today is 2.61.

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

FRA:OT4' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.81   Med: 2.43   Max: 3.14
Current: 2.65

During the past 13 years, Otter Tail's highest Price to Tangible Book Ratio was 3.14. The lowest was 1.81. And the median was 2.43.

FRA:OT4's Price-to-Tangible-Book is ranked worse than
69.07% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.795 vs FRA:OT4: 2.65

A closely related ratio is called PB Ratio. As of today, Otter Tail's share price is €83.50. Otter Tail's Book Value per Sharefor the quarter that ended in Mar. 2024 was €32.97. Hence, Otter Tail's P/B Ratio of today is 2.53.


Otter Tail Price-to-Tangible-Book Historical Data

The historical data trend for Otter Tail'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.

Otter Tail Price-to-Tangible-Book Chart

Otter Tail Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 2.08 3.06 2.09 2.50

Otter Tail 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.40 2.54 2.39 2.50 2.48

Competitive Comparison of Otter Tail's Price-to-Tangible-Book

For the Utilities - Diversified subindustry, Otter Tail'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.


Otter Tail's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

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

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



Otter Tail Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=83.50/32
=2.61

* 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.


Otter Tail Price-to-Tangible-Book Related Terms

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


Otter Tail (FRA:OT4) Business Description

Traded in Other Exchanges
Address
215 South Cascade Street, P.O. Box 496, Fergus Falls, MN, USA, 56538-0496
Otter Tail Corp is a U.S. energy company that primarily operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.

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