Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 6.55 is 55% below its estimated 1-year average of 14.42, near the low end of its estimated 1-year range (6.55–21.89).
As of 2026-10-06T20:32:18.653Z.
Calculation as of: 2026-10-06T20:32:18.653Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: de7eecbb47541dfecef4e4449289cfda36cc781f9fd6840a3a73c370e367fe1c
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
6.55
PB RATIO AVG TTM
N/A
PB RATIO AVG 3Y
N/A
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
1.87
median of 66 covered companies
CURRENT VS SECTOR MEDIAN
+250.27%
vs the sector median at left
SOLV Energy, Inc. Class A Common Stock
Market Cap
$3.25B
PB Ratio
6.55
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.00B
PB Ratio
1.28
TTM Avg
1.35
3Y Avg
1.20
5Y Avg
1.32
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SOLV Energy, Inc. Class A Common Stock (MWH) | $3.25B | 6.55 | N/A | N/A | N/A |
| Avista Corporation (AVA)vs › | $2.95B | 1.04 | 1.20 | 1.16 | 1.23 |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 1.85 | 2.19 | 2.43 | 2.49 |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 1.80 | 1.67 | 13.31 | 34.76 |
| H2O America (HTO)vs › | $2.44B | 1.32 | 1.26 | 1.35 | 1.60 |
| Fervo Energy Company (FRVO)vs › | $4.11B | 1.47 | N/A | N/A | N/A |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.32B | N/A | N/A | N/A | N/A |
| Northwestern Energy Group Inc (NWE)vs › | $4.24B | 1.46 | 1.45 | 1.25 | 1.26 |
| Northwest Natural Holding Company (NWN)vs › | $2.00B | 1.28 | 1.35 | 1.20 | 1.32 |
| Fluence Energy, Inc. (FLNC)vs › | $1.48B | 3.97 | 6.93 | 5.71 | 5.34 |
At 6.55, P/B is below its estimated 1-year median — higher than 0% of readings in its estimated 1-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 1-year low
9.70
median
14.01
estimated 1-year high
21.89
P/B Ratio
6.55
Market Price / Book Value per Share
PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)
The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-10-05 | 10.22 |
| 2026-10-02 | 10.29 |
| 2026-10-01 | 10.03 |
| 2026-09-30 | 9.79 |
| 2026-09-29 | 9.87 |
| 2026-09-28 | 9.70 |
| 2026-09-25 | 10.27 |
| 2026-09-24 | 10.21 |
| 2026-09-23 | 10.37 |
| 2026-09-22 | 10.78 |
| 2026-09-21 | 10.96 |
| 2026-09-18 | 10.78 |
| 2026-09-17 | 10.48 |
| 2026-09-16 | 10.59 |
| 2026-09-15 | 10.47 |
| 2026-09-14 | 10.28 |
| 2026-09-11 | 10.59 |
| 2026-09-10 | 9.98 |
| 2026-09-09 | 10.22 |
| 2026-09-08 | 10.45 |
| 2026-09-04 | 10.30 |
| 2026-09-03 | 10.05 |
| 2026-09-02 | 9.87 |
| 2026-09-01 | 10.10 |
| 2026-08-31 | 10.40 |
| 2026-08-28 | 10.71 |
| 2026-08-27 | 11.46 |
| 2026-08-26 | 11.55 |
| 2026-08-25 | 11.48 |
| 2026-08-24 | 11.42 |
| 2026-08-21 | 11.55 |
| 2026-08-20 | 11.78 |
| 2026-08-19 | 12.21 |
| 2026-08-18 | 12.33 |
| 2026-08-17 | 12.85 |
| 2026-08-14 | 14.98 |
| 2026-08-13 | 15.32 |
| 2026-08-12 | 14.09 |
| 2026-08-11 | 14.18 |
| 2026-08-10 | 13.43 |
| 2026-08-07 | 13.59 |
| 2026-08-06 | 12.95 |
| 2026-08-05 | 13.04 |
| 2026-08-04 | 13.48 |
| 2026-08-03 | 13.63 |
| 2026-07-31 | 13.31 |
| 2026-07-30 | 13.08 |
| 2026-07-29 | 11.17 |
| 2026-07-28 | 11.92 |
| 2026-07-27 | 13.14 |
| 2026-07-24 | 12.77 |
| 2026-07-23 | 14.01 |
| 2026-07-22 | 13.56 |
| 2026-07-21 | 13.36 |
| 2026-07-20 | 13.10 |
| 2026-07-17 | 13.30 |
| 2026-07-16 | 13.45 |
| 2026-07-15 | 13.93 |
| 2026-07-14 | 13.49 |
| 2026-07-13 | 12.79 |
| 2026-07-10 | 13.54 |
| 2026-07-09 | 13.31 |
| 2026-07-08 | 13.56 |
| 2026-07-07 | 13.59 |
| 2026-07-06 | 14.67 |
| 2026-07-02 | 14.25 |
| 2026-07-01 | 14.76 |
| 2026-06-30 | 15.94 |
| 2026-06-29 | 16.55 |
| 2026-06-26 | 16.78 |
| 2026-06-25 | 17.25 |
| 2026-06-24 | 16.13 |
| 2026-06-23 | 15.28 |
| 2026-06-22 | 16.13 |
| 2026-06-18 | 16.01 |
| 2026-06-17 | 16.24 |
| 2026-06-16 | 16.14 |
| 2026-06-15 | 15.06 |
| 2026-06-12 | 14.86 |
| 2026-06-11 | 14.93 |
| 2026-06-10 | 14.04 |
| 2026-06-09 | 15.35 |
| 2026-06-08 | 15.53 |
| 2026-06-05 | 15.36 |
| 2026-06-04 | 16.68 |
| 2026-06-03 | 16.32 |
| 2026-06-02 | 17.07 |
| 2026-06-01 | 16.21 |
| 2026-05-29 | 16.63 |
| 2026-05-28 | 17.19 |
| 2026-05-27 | 17.84 |
| 2026-05-26 | 18.48 |
| 2026-05-22 | 18.00 |
| 2026-05-21 | 17.85 |
| 2026-05-20 | 18.13 |
| 2026-05-19 | 17.58 |
| 2026-05-18 | 18.92 |
| 2026-05-15 | 20.34 |
| 2026-05-14 | 20.98 |
| 2026-05-13 | 21.89 |
| 2026-05-12 | 21.46 |
| 2026-05-11 | 20.99 |
| 2026-05-08 | 20.17 |
| 2026-05-07 | 19.69 |
| 2026-05-06 | 19.79 |
| 2026-05-05 | 21.15 |
| 2026-05-04 | 19.90 |
| 2026-05-01 | 19.03 |
| 2026-04-30 | 18.65 |
| 2026-04-29 | 17.57 |
| 2026-04-28 | 17.43 |
| 2026-04-27 | 17.78 |
| 2026-04-24 | 18.17 |
| 2026-04-23 | 17.62 |
| 2026-04-22 | 17.17 |
| 2026-04-21 | 15.95 |
| 2026-04-20 | 16.31 |
| 2026-04-17 | 16.14 |
| 2026-04-16 | 15.87 |
| 2026-04-15 | 15.68 |
| 2026-04-14 | 15.90 |
| 2026-04-13 | 15.29 |
| 2026-04-10 | 14.82 |
| 2026-04-09 | 14.11 |
| 2026-04-08 | 13.55 |
| 2026-04-07 | 13.26 |
| 2026-04-06 | 13.53 |
| 2026-04-02 | 13.91 |
| 2026-04-01 | 13.88 |