Can you help explain why the BIPC.TO P/B ratio on your web site says the ratio is a negative value of -4.44? Do you think this ratio is very practical to assess valuation?
Keep in mind our financial data on companies comes from a third party supplier. BIPC is equivalent to BIP.UN. Most sites will use BIP.UN financial information. For various accounting reasons (non-cash stock compensation charges, non-cash mark-to-market of derivatives etc). BIP will often report negative GAAP earnings but still very substantial cash flow. For example for the 12 months to June 30 it has negative $51M in reported earnings, but more than $3B in operating cash flow. For this company looking at cash flow gives a better picture of financial health/valuation.