| How Does Piedmont Natural Gas Compare to Its Peers? | |
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Piedmont Natural Gas’s Stock Falls on Fiscal 4Q15 Earnings Report (Continued from Prior Part) Piedmont Natural Gas and its peers
We’ve looked at Piedmont Natural Gas (PNY) fiscal 4Q15 results. Now let’s compare Piedmont with its peers as of December 23, 2015:
First, let’s compare PE (price-to-earnings) ratios:
- Piedmont Natural Gas (PNY)— 31.6x
- Duke Energy (DUK) — 20.8x
- Dominion Resources (D) — 22.5x
- SCANA (SCG) — 11.6x
- NiSource (NI) — 22.7x
Now, let’s look at PBV (price-to-book value) ratios:
- Piedmont Natural Gas — 3.2x
- Duke Energy — 1.2x
- Dominion Resources — 3.2x
- SCANA — 1.6x
- NiSource — 1.6x
As we can see, Piedmont Natural Gas (PNY) has outperformed its peers based on PE and PBV.
ETFs that invest in Piedmont Natural Gas
The PowerShares High Yield Equity Dividend Achievers Portfolio ETF (PEY) invests 2.4% of its holdings in Piedmont.
The iShares Morningstar Small Value ETF (JKL) invests 1.0% of its holdings in Piedmont. The ETF tracks a market-cap-weighted index of US small-cap value stocks. The index stocks from the 90 th to the 97 th percentile of the market-cap spectrum, using fundamental factors.
The SPDR S&P Dividend ETF (SDY) invests 1.0% of its holdings in Piedmont. The ETF tracks a yield-weighted index of 50 dividend-paying companies from the S&P 1500 Composite Index that have increased dividends for at least 20 consecutive years.
Compared Piedmont Natural Gas and its ETFs
Now let’s compare Piedmont Natural Gas with the ETFs that invest in it:
- The year-to-date price movements of Piedmont Natural Gas, PEY, JKL, and SDY are 49.2%, 1.7%, -8.9%, and -1.3%, respectively.
- The PE ratios of Piedmont Natural Gas, PEY, JKL, and SDY are 31.6x, 24.0x, 23.0x, and 22.3x, respectively.
- The PBV ratios of Piedmont Natural Gas, PEY, JKL, and SDY are 3.2x, 2.3x, 1.4x, and 2.7x, respectively.
As we can see, Piedmont Natural Gas (PNY) has outperformed its ETFs based on price movement, PE, and PBV.
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Duke Energy
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CODE : DUK |
ISIN : US26441C2044 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Duke Energy is a and oil producing company based in United states of america. Duke Energy is listed in United States of America. Its market capitalisation is US$ 69.3 billions as of today (€ 64.7 billions). Its stock quote reached its lowest recent point on May 02, 2003 at US$ 10.00, and its highest recent level on February 17, 2023 at US$ 99.99. Duke Energy has 700 299 523 shares outstanding. |