IDACORP Inc

NYSE IDA

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IDACORP Inc Price to Book Ratio (P/B) on June 03, 2024: 1.65

IDACORP Inc Price to Book Ratio (P/B) is 1.65 on June 03, 2024, a -12.01% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • IDACORP Inc 52-week high Price to Book Ratio (P/B) is 1.90 on June 07, 2023, which is 15.66% above the current Price to Book Ratio (P/B).
  • IDACORP Inc 52-week low Price to Book Ratio (P/B) is 1.51 on March 01, 2024, which is -8.28% below the current Price to Book Ratio (P/B).
  • IDACORP Inc average Price to Book Ratio (P/B) for the last 52 weeks is 1.69.
NYSE: IDA

IDACORP Inc

CEO Ms. Lisa A. Grow
IPO Date Oct. 17, 1986
Location United States
Headquarters 1221 West Idaho Street, Boise, ID, United States, 83702-5627
Employees 2,100
Sector Utilities
Industry Utilities - regulated electric
Description

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2023, it had approximately 4,762 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 186 energized distribution substations; and 29,714 pole-miles of distribution lines, and 131 MW of battery storage, as well as provides electric utility services to approximately 633,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

StockViz Staff

September 20, 2024

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