Table 8
|
Market to Book |
Market Value |
% chng |
|||||
Utility: | 1993 |
1994 |
1995 |
1993 |
1994 |
1995 |
93-95 |
Allegheny Power System Inc | 1.56 |
1.34 |
1.68 |
$3,047 |
$2,762 |
$3,591 |
17.8% |
American Electric Power Co | 1.61 |
1.42 |
1.81 |
6,671 |
5,993 |
7,808 |
17.0% |
Atlantic Energy Inc NJ | 1.47 |
1.21 |
1.12 |
1,225 |
1,024 |
920 |
-24.9% |
Baltimore Gas & Elec Co | 1.34 |
1.22 |
1.43 |
3,520 |
3,314 |
3,963 |
12.6% |
Black Hills Corp | 2.13 |
1.67 |
1.91 |
358 |
292 |
344 |
-4.0% |
Boston Edison Co | 1.52 |
1.28 |
1.26 |
1,331 |
1,170 |
1,293 |
-2.9% |
Carolina Power & Light Co | 1.88 |
1.59 |
1.97 |
4,951 |
4,106 |
5,191 |
4.8% |
Centerior Energy Corp | 1.32 |
0.85 |
0.63 |
2,353 |
1,591 |
1,221 |
-48.1% |
Central Hudson Gas & Elec Co | 2.01 |
1.59 |
1.68 |
544 |
459 |
514 |
-5.5% |
Central Louisiana Elec Inc | 1.30 |
1.05 |
1.13 |
561 |
519 |
592 |
5.7% |
Central Maine Power Co | 1.72 |
1.53 |
1.57 |
631 |
415 |
446 |
-29.3% |
Central Vermont Public Svc Corp | 1.14 |
0.85 |
0.91 |
264 |
200 |
170 |
-35.5% |
Central & South West Corp | 1.52 |
1.17 |
0.96 |
5,897 |
4,853 |
5,347 |
-9.3% |
CILCORP Inc | 1.51 |
1.25 |
1.55 |
516 |
432 |
565 |
9.4% |
Cinergy Corp | 1.55 |
1.56 |
1.84 |
2,356 |
3,756 |
4,650 |
n/a |
CIPSCO Inc | 1.70 |
1.47 |
1.99 |
1,076 |
952 |
1,294 |
20.2% |
CMS Energy Corp | 2.01 |
1.74 |
1.87 |
1,943 |
1,930 |
2,685 |
38.2% |
Commonwealth Energy System | 1.39 |
1.18 |
1.25 |
468 |
429 |
472 |
0.9% |
Consolidated Edison of NY | 1.57 |
1.22 |
1.35 |
7,980 |
6,507 |
7,435 |
-6.8% |
Delmarva Power & Light Co | 1.61 |
1.36 |
1.43 |
1,391 |
1,206 |
1,324 |
-4.8% |
Detroit Edison Co | 1.49 |
1.19 |
1.44 |
4,926 |
3,955 |
4,957 |
0.6% |
Dominion Resources Inc | 1.66 |
1.51 |
1.46 |
7,380 |
6,922 |
6,915 |
-6.3% |
DPL Inc | 2.04 |
1.90 |
2.05 |
2,091 |
2,139 |
2,389 |
14.3% |
DQE | 1.47 |
1.27 |
1.67 |
1,813 |
1,624 |
2,211 |
21.9% |
Duke Power Co | 1.90 |
1.71 |
2.10 |
8,225 |
7,774 |
10,053 |
22.2% |
Eastern Utilities Assoc | 1.53 |
1.33 |
1.16 |
509 |
488 |
430 |
-15.5% |
Edison International (SCE) | 1.72 |
1.20 |
1.20 |
10,232 |
7,389 |
7,674 |
-25.0% |
Empire District Elec Co | 1.77 |
1.42 |
1.35 |
298 |
247 |
247 |
-16.9% |
Enova Corp (San Diego G&E) | 1.96 |
1.68 |
2,977 |
2,476 |
2,593 |
-12.9% |
|
Entergy Corp | 1.28 |
1.05 |
0.97 |
8,359 |
6,674 |
6,335 |
-24.2% |
Florida Progress Corp | 1.66 |
1.40 |
1.57 |
3,021 |
2,779 |
3,278 |
8.5% |
FPL Group Inc | 1.77 |
1.48 |
1.85 |
7,270 |
6,203 |
8,163 |
12.3% |
General Public Utilities | 1.33 |
1.24 |
1.26 |
3,484 |
3,191 |
3,735 |
7.2% |
Green Mountain Power Corp | 1.57 |
1.26 |
1.25 |
153 |
128 |
132 |
-13.9% |
Hawaiian Electric Industries | 1.50 |
1.39 |
1.45 |
967 |
952 |
1,046 |
8.1% |
Houston Industries Inc | 1.84 |
1.42 |
1.35 |
6,036 |
4,793 |
5,646 |
-6.5% |
Idaho Power Co | 1.69 |
1.46 |
1.62 |
1,118 |
985 |
1,066 |
-4.6% |
IES Indusries Inc | 1.55 |
1.26 |
1.36 |
887 |
745 |
827 |
-6.8% |
Illinova Corp | 1.32 |
1.06 |
1.39 |
1,740 |
1,539 |
2,135 |
22.7% |
Interstate Power Corp | 1.56 |
1.27 |
1.48 |
296 |
245 |
293 |
-1.0% |
IPALCO | 1.92 |
1.50 |
1.76 |
1,508 |
1,203 |
1,452 |
-3.7% |
Kansas City Power & Light Co | 1.72 |
1.50 |
1.75 |
1,489 |
1,316 |
1,569 |
5.4% |
KU Energy | 1.61 |
1.65 |
1.73 |
972 |
1,017 |
1,087 |
11.8% |
LG & E Energy Corp | 1.74 |
1.61 |
1.77 |
1,272 |
1,232 |
1,411 |
10.9% |
Long Island Lighting Co | 1.33 |
0.97 |
0.86 |
2,971 |
2,333 |
2,111 |
-29.0% |
MDU Resources Inc | 1.76 |
1.67 |
1.86 |
560 |
545 |
627 |
12.1% |
MidAmerican Energy | 1.42 |
1.23 |
1.46 |
967 |
864 |
1,782 |
n/a |
Minnesota Power & Light Co | 1.84 |
1.61 |
1.32 |
1,038 |
903 |
788 |
-24.0% |
Montana Power Co | 1.52 |
1.34 |
1.22 |
1,386 |
1,278 |
1,187 |
-14.4% |
Nevada Power Co | 1.58 |
1.31 |
1.32 |
1,023 |
958 |
1,023 |
-0.1% |
New England Electric System | 1.70 |
1.40 |
1.49 |
2,609 |
2,206 |
2,413 |
-7.5% |
New York State Elec & Gas Corp | 1.43 |
1.04 |
0.94 |
2,305 |
1,727 |
1,638 |
-28.9% |
Niagara Mohawk Power Corp | 1.29 |
0.96 |
0.39 |
3,162 |
2,352 |
983 |
-68.9% |
NIPSCO Industries Inc | 1.83 |
1.70 |
2.05 |
2,008 |
1,889 |
2,279 |
13.5% |
Northeast Utilities | 1.43 |
1.25 |
1.04 |
3,170 |
2,887 |
2,504 |
-21.0% |
Northern States Power Co MN | 1.61 |
1.51 |
1.65 |
2,943 |
2,871 |
3,314 |
12.6% |
Northwestern Public Service Co | 2.09 |
1.81 |
1.75 |
230 |
208 |
266 |
15.9% |
Ohio Edison Co | 1.60 |
1.29 |
1.37 |
3,578 |
2,998 |
3,273 |
-8.5% |
Oklahoma Gas & Electric Co | 1.59 |
1.46 |
1.67 |
1,440 |
1,346 |
1,600 |
11.1% |
Orange & Rockland Utilities Inc | 1.55 |
1.25 |
1.42 |
582 |
474 |
538 |
-7.6% |
Otter Tail Power Co | 2.36 |
2.03 |
2.31 |
402 |
359 |
426 |
5.9% |
Pacific Gas & Electric Co | 1.73 |
1.41 |
1.20 |
14,611 |
12,133 |
10,430 |
-28.6% |
Pacificorp | 1.62 |
1.45 |
1.64 |
5,297 |
5,031 |
5,921 |
11.8% |
PECO Energy Co | 1.53 |
1.38 |
1.32 |
6,535 |
5,939 |
6,000 |
-8.2% |
Pinnacle West Capital Corp | 1.19 |
0.95 |
1.29 |
1,963 |
1,696 |
2,453 |
25.0% |
Portland General Corp | 1.23 |
1.09 |
1.49 |
931 |
932 |
1,299 |
39.5% |
Potomac Electric Power Corp | 1.59 |
1.36 |
1.61 |
3,110 |
2,655 |
3,004 |
-3.4% |
PPL Resources Inc | 1.79 |
1.45 |
1.48 |
4,343 |
3,568 |
3,819 |
-12.1% |
Public Service Co of CO | 1.55 |
1.37 |
1.65 |
1,841 |
1,737 |
2,215 |
20.3% |
Public Service Co of NM | 0.89 |
0.81 |
1.09 |
495 |
514 |
762 |
53.9% |
Public Service Enterprise Group | 1.57 |
1.29 |
1.20 |
8,054 |
6,852 |
6,475 |
-19.6% |
Puget Sound Power & Light Co | 1.43 |
1.12 |
1.37 |
1,696 |
1,317 |
1,588 |
-6.4% |
Rochester Gas & Electric Co | 1.37 |
1.17 |
1.11 |
995 |
872 |
838 |
-15.7% |
SCANA Corp | 1.62 |
1.55 |
2.12 |
2,154 |
2,190 |
2,714 |
26.0% |
Sierra Pacific Resources | 1.24 |
1.09 |
1.39 |
606 |
554 |
735 |
21.3% |
SIG Corp | 1.88 |
1.54 |
1.65 |
529 |
456 |
523 |
-1.3% |
Southern Co | 1.76 |
1.58 |
1.81 |
13,528 |
12,943 |
15,723 |
16.2% |
Southwestern Public Service Co | 1.88 |
1.60 |
1.85 |
1,295 |
1,117 |
1,334 |
3.0% |
St Joseph Light & Power Co | 1.75 |
1.39 |
1.56 |
134 |
108 |
126 |
-5.8% |
TECO Energy Inc | 2.57 |
2.20 |
2.48 |
2,665 |
2,379 |
2,854 |
7.1% |
Texas Utilities Co | 1.56 |
1.26 |
1.59 |
10,253 |
8,209 |
9,034 |
-11.9% |
TNP Enterprises Inc | 0.85 |
0.94 |
1.09 |
182 |
173 |
246 |
35.0% |
Tucson Electric Power Co | 8.33 |
13.46 |
39.13 |
522 |
563 |
503 |
-3.8% |
Unicom Corp | 1.08 |
0.98 |
1.10 |
5,835 |
5,316 |
6,404 |
9.7% |
Union Electric Corp | 1.86 |
1.58 |
1.74 |
4,105 |
3,590 |
4,089 |
-0.4% |
Unites Illuminating Co | 1.46 |
1.13 |
1.17 |
620 |
485 |
518 |
-16.3% |
Utilicorp United Inc | 1.51 |
1.40 |
1.43 |
1,284 |
1,271 |
1,083 |
-15.6% |
Washington Water Power Co | 1.60 |
1.31 |
1.46 |
1,013 |
884 |
1,049 |
3.6% |
Western Resources Inc | 1.47 |
1.27 |
1.22 |
2,086 |
1,879 |
1,876 |
-10.1% |
Wisconsin Energy Corp | 1.73 |
1.58 |
1.69 |
2,854 |
2,756 |
3,109 |
8.9% |
WPL Holdings Inc | 1.78 |
1.53 |
1.56 |
652 |
576 |
766 |
17.5% |
WPS Resources Corp | 1.84 |
1.60 |
1.66 |
798 |
716 |
771 |
-3.5% |
Notes: Market value in $ millions.