Atmos Energy (ATO) - P/B ratio

P/B ratio as of February 2026 : 2.09

According to Atmos Energy's latest financial reports the company has a price-to-book ratio of 5.82274.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Atmos Energy - P/B ratio (from 2001 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.92	13.17%
2024-12-31	1.69	11.01%
2023-12-31	1.53	-4.98%
2022-12-31	1.61	-4.21%
2021-12-31	1.68	0.59%
2020-12-31	1.67	-25.29%
2019-12-31	2.23	10.13%
2018-12-31	2.03	-2.96%
2017-12-31	2.09	-0.88%
2016-12-31	2.11	7.12%
2015-12-31	1.97	7.19%
2014-12-31	1.83	18.19%
2013-12-31	1.55	18.37%
2012-12-31	1.31	-1.15%
2011-12-31	1.33	6.73%
2010-12-31	1.24	2.7%
2009-12-31	1.21	16.46%
2008-12-31	1.04	-16.2%
2007-12-31	1.24	-15.66%
2006-12-31	1.47	13.86%
2005-12-31	1.29	-8.3%
2004-12-31	1.41	-1.6%
2003-12-31	1.43	-9.79%
2002-12-31	1.59

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
CenterPoint Energy CNP	2.37	13.31%	🇺🇸 USA
NiSource NI	1.86	-11.22%	🇺🇸 USA
Oneok OKE	2.33	11.24%	🇺🇸 USA
RGC Resources RGCO	1.99	-4.75%	🇺🇸 USA
Chesapeake Utilities CPK	2.02	-3.28%	🇺🇸 USA
ONE Gas OGS	1.56	-25.63%	🇺🇸 USA
National Fuel Gas NFG	2.63	25.95%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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