Fortis
FTS
$39.06
Share price
-0.66%
Change (1 day)
-11.05%
Change (1 year)
Categories
Fortis (FTS) - P/B ratio
P/B ratio as of April 2024 : 1.09
According to Fortis's latest financial reports the company has a price-to-book ratio of 1.09.
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.
Fortis - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.14 | 0.3% |
| 2022-12-31 | 1.14 | -17.42% |
| 2021-12-31 | 1.38 | 15.27% |
| 2020-12-31 | 1.20 | -3.57% |
| 2019-12-31 | 1.24 | 17.43% |
| 2018-12-31 | 1.06 | -8.6% |
| 2017-12-31 | 1.16 | 15.14% |
| 2016-12-31 | 1.00 | -1.29% |
| 2015-12-31 | 1.02 | -13.78% |
| 2014-12-31 | 1.18 | 15.89% |
| 2013-12-31 | 1.02 | -15.97% |
| 2012-12-31 | 1.21 | -4.01% |
| 2011-12-31 | 1.26 | -13.51% |
| 2010-12-31 | 1.46 | 8.29% |
| 2009-12-31 | 1.35 | 18.54% |
| 2008-12-31 | 1.14 | -27.58% |
| 2007-12-31 | 1.57 | -23.09% |
| 2006-12-31 | 2.04 | 27.14% |
| 2005-12-31 | 1.60 | 37.43% |
| 2004-12-31 | 1.17 | -12.76% |
| 2003-12-31 | 1.34 | 5.77% |
| 2002-12-31 | 1.27 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Fortis FTS | 1.09 | 0.00% | 🇨🇦 Canada |
 Hawaiian Electric Industries HE | 0.4648 | -57.47% | 🇺🇸 USA |
 Huaneng Power 600011.SS | 0.7110 | -34.93% | 🇨🇳 China |