Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
P/B ratio for Southwest Gas Holdings, Inc. (SWX)
P/B ratio as of 2023: 1.35
According to Southwest Gas Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.35. At the end of 2022 the company had a P/B ratio of 1.33.
P/B ratio history for Southwest Gas Holdings, Inc. from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.35 |
| 2022 | 1.33 |
| 2021 | 1.40 |
| 2020 | 1.27 |
| 2019 | 1.64 |
| 2018 | 1.68 |
| 2017 | 2.13 |
| 2016 | 2.19 |
| 2015 | 1.63 |
| 2014 | 1.93 |
| 2013 | 1.83 |
| 2012 | 1.49 |
| 2011 | 1.59 |
| 2010 | 1.43 |
| 2009 | 1.16 |
| 2008 | 1.06 |
| 2007 | 1.28 |
| 2006 | 1.73 |
| 2005 | 1.34 |
| 2004 | 1.27 |
| 2003 | 1.20 |
| 2002 | 1.30 |
| 2001 | 1.28 |
| 2000 | 1.30 |
| 1999 | 1.40 |
| 1998 | 1.60 |
| 1997 | 1.31 |
| 1996 | 1.31 |
| 1995 | 1.15 |
| 1994 | 0.87 |
| 1993 | 0.00 |
| 1992 | 0.00 |
| 1991 | 0.00 |
| 1990 | 0.00 |
| 1989 | 0.00 |
| 1988 | 0.00 |
| 1987 | 0.00 |
| 1986 | 0.00 |
| 1985 | 0.00 |