Enbridge Book Value Per Share from 2010 to 2024

ENB Stock  USD 35.66  0.24  0.68%   
Enbridge's Book Value Per Share is increasing over the years with slightly volatile fluctuation. Overall, Book Value Per Share is expected to go to 23.68 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Enbridge according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
22.55206372
Current Value
23.68
Quarterly Volatility
10.29017402
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enbridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enbridge main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.8 B, Interest Expense of 4 B or Total Revenue of 45.8 B, as well as many exotic indicators such as Price To Sales Ratio of 2.64, Dividend Yield of 0.0817 or PTB Ratio of 3.37. Enbridge financial statements analysis is a perfect complement when working with Enbridge Valuation or Volatility modules.
  
This module can also supplement Enbridge's financial leverage analysis and stock options assessment as well as various Enbridge Technical models . Check out the analysis of Enbridge Correlation against competitors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.

Latest Enbridge's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Enbridge over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Enbridge's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enbridge's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 25.71 X10 Years Trend
Slightly volatile
   Book Value Per Share   
       Timeline  

Enbridge Book Value Per Share Regression Statistics

Arithmetic Mean23.81
Geometric Mean19.98
Coefficient Of Variation43.22
Mean Deviation7.78
Median23.48
Standard Deviation10.29
Sample Variance105.89
Range38.73
R-Value0.65
Mean Square Error65.41
R-Squared0.43
Significance0.01
Slope1.50
Total Sum of Squares1,482

Enbridge Book Value Per Share History

2024 23.68
2023 22.55
2022 29.57
2021 30.07
2020 30.38
2019 32.74
2018 40.3

Other Fundumenentals of Enbridge

Enbridge Book Value Per Share component correlations

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Click cells to compare fundamentals

About Enbridge Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Enbridge income statement, its balance sheet, and the statement of cash flows. Enbridge investors use historical funamental indicators, such as Enbridge's Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Enbridge investors may use each financial statement separately, they are all related. The changes in Enbridge's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enbridge's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Enbridge Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enbridge. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Book Value Per Share 22.55  23.68 
Tangible Book Value Per Share 10.26  6.84 

Pair Trading with Enbridge

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enbridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enbridge will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enbridge Stock

  0.67EE Excelerate Energy Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Enbridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enbridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enbridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enbridge to buy it.
The correlation of Enbridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enbridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enbridge moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enbridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
Check out the analysis of Enbridge Correlation against competitors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Enbridge's price analysis, check to measure Enbridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enbridge is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.
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Is Enbridge's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Dividend Share
3.55
Earnings Share
2.07
Revenue Per Share
21.23
Quarterly Revenue Growth
(0.16)
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.