MGE Energy
MGEE
$77.60
Share price
-1.42%
Change (1 day)
1.08%
Change (1 year)
MGE Energy (MGEE) - P/B ratio
P/B ratio as of April 2024 : 2.47
According to MGE Energy
's latest financial reports the company has a price-to-book ratio of 2.47.
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.
MGE Energy - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.29 | -2.55% |
| 2022-12-31 | 2.35 | -18.7% |
| 2021-12-31 | 2.89 | 11.57% |
| 2020-12-31 | 2.59 | -18.75% |
| 2019-12-31 | 3.19 | 25.46% |
| 2018-12-31 | 2.55 | -9.45% |
| 2017-12-31 | 2.81 | -10.09% |
| 2016-12-31 | 3.13 | 34.2% |
| 2015-12-31 | 2.33 | -2.84% |
| 2014-12-31 | 2.40 | 11.01% |
| 2013-12-31 | 2.16 | 6.28% |
| 2012-12-31 | 2.03 | 3.59% |
| 2011-12-31 | 1.96 | 4.24% |
| 2010-12-31 | 1.88 | 14.34% |
| 2009-12-31 | 1.65 | 6.82% |
| 2008-12-31 | 1.54 | -15.42% |
| 2007-12-31 | 1.82 | -11.88% |
| 2006-12-31 | 2.07 | 2.53% |
| 2005-12-31 | 2.02 | -7.16% |
| 2004-12-31 | 2.17 | -0.95% |
| 2003-12-31 | 2.19 | 5.98% |
| 2002-12-31 | 2.07 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 1.88 | -23.88% | 🇺🇸 USA |
 Ameren
AEE | 1.71 | -30.55% | 🇺🇸 USA |
 American Electric Power AEP | 1.78 | -27.96% | 🇺🇸 USA |
 CMS Energy
CMS | 2.18 | -11.51% | 🇺🇸 USA |
 DTE Energy
DTE | 2.05 | -16.85% | 🇺🇸 USA |
 WEC Energy Group WEC | 2.13 | -13.59% | 🇺🇸 USA |
 Xcel Energy XEL | 1.70 | -31.01% | 🇺🇸 USA |
 Otter Tail OTTR | 2.45 | -0.74% | 🇺🇸 USA |
 Allete ALE | 1.00 | -59.40% | 🇺🇸 USA |