Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas through local pipeline networks from the delivery points at the reduction and measurement stations interconnected with the transport networks to the points of final delivery to households, enterprises, etc. The company operated a distribution network of 74,397 kilometers. It also engages in metering activities; and distributes and sells water. The company was founded in 1837 and is based in Milan, Italy.
P/B ratio for Italgas S.p.A. (IG.MI)
P/B ratio as of 2023: 1.84
According to Italgas S.p.A.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.84. At the end of 2022 the company had a P/B ratio of 1.99.
P/B ratio history for Italgas S.p.A. from 2013 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.84 |
| 2022 | 1.99 |
| 2021 | 2.59 |
| 2020 | 2.42 |
| 2019 | 2.82 |
| 2018 | 3.06 |
| 2017 | 3.41 |
| 2016 | 2.82 |
| 2015 | 1.18 |
| 2014 | 0.39 |
| 2013 | 0.43 |