Tortoise Pipeline & Energy Fund (TTP) has a P/B ratio of 1.22, below the sector sector average of 4.76.
Get informed when a big investor buys or sells
+ Follow1.22
The Price-to-Book ratio compares a company's market value to its book value. A lower P/B ratio may suggest that the stock is undervalued relative to its assets.
As of the most recent data, TTP shows a P/B ratio of 1.22. That is below the sector sector average of 4.76. Scroll down for historical charts and peer comparison views.
The its sector sector average P/B ratio is about 4.76. Tortoise Pipeline & Energy Fund is at 1.22, which is lower that average. That is roughly 74.3% below the sector mean. Use the comparison chart on this page to see how TTP stacks up against individual peers as well.
Investors watch TTP's P/B ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Tortoise Pipeline & Energy Fund's latest reading is 1.22. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this price-to-book ratio page, Stockcircle has Tortoise Pipeline & Energy Fund's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/B ratio (currently 1.22) with ownership activity and broader fundamentals.