Basis: FMP quote market capitalization / matching reported stockholders equity. 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 2.01 is 82% below its estimated 2-year average of 11.44, near the low end of its estimated 2-year range (1.95–43.12).
As of 2026-09-25T19:46:17.632Z. 73.64% below its estimated 12-month average of 7.63.
Calculation as of: 2026-09-25T19:46:17.632Z.
Quote observation: 2026-09-25T19:45:20.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9510ecebcb30bca2293b318a2f07553824f861231704dabaf309cc8ff46c44d5
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 2026-09-11.
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
2.01
PB RATIO AVG TTM
7.63
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
-73.64%
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
1.96
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+2.81%
vs the sector median at left
Market Cap
$8.71B
PB Ratio
1.99
TTM Avg
1.64
3Y Avg
1.04
5Y Avg
0.98
Market Cap
$11.12B
PB Ratio
1.58
TTM Avg
1.69
3Y Avg
1.56
5Y Avg
1.49
Market Cap
$1.98B
PB Ratio
1.27
TTM Avg
1.35
3Y Avg
1.20
5Y Avg
1.32
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Oklo Inc. (OKLO) | $6.58B | 2.01 | 7.63 | N/A | N/A |
| Black Hills Corporation (BKH)vs › | $5.38B | 1.37 | 1.38 | 1.24 | 1.35 |
| UGI Corporation (UGI)vs › | $7.84B | 1.50 | 1.57 | 1.37 | 1.39 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.71B | 1.99 | 1.64 | 1.04 | 0.98 |
| Avista Corporation (AVA)vs › | $2.95B | 1.05 | 1.20 | 1.16 | 1.23 |
| The AES Corporation (AES)vs › | $10.62B | 2.15 | 2.38 | 3.18 | 4.10 |
| Pinnacle West Capital Corporation (PNW)vs › | $11.12B | 1.58 | 1.69 | 1.56 | 1.49 |
| Northwest Natural Holding Company (NWN)vs › | $1.98B | 1.27 | 1.35 | 1.20 | 1.32 |
| Fluence Energy, Inc. (FLNC)vs › | $1.45B | 3.89 | 5.95 | 5.43 | 5.12 |
| XPLR Infrastructure, LP (XIFR)vs › | $997.41M | 0.31 | 0.31 | 0.30 | 0.30 |
At 2.01, P/B is below its estimated 2-year median — higher than 0% of readings in its estimated 2-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 2-year low
1.95
median
10.58
estimated 2-year high
43.12
P/B Ratio
2.01
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-09-11 | 1.95 |
| 2026-09-10 | 2.15 |
| 2026-09-09 | 2.29 |
| 2026-09-08 | 2.33 |
| 2026-09-04 | 2.22 |
| 2026-09-03 | 2.14 |
| 2026-09-02 | 2.13 |
| 2026-09-01 | 2.07 |
| 2026-08-31 | 2.18 |
| 2026-08-28 | 2.16 |
| 2026-08-27 | 2.29 |
| 2026-08-26 | 2.24 |
| 2026-08-25 | 2.38 |
| 2026-08-24 | 2.14 |
| 2026-08-21 | 2.27 |
| 2026-08-20 | 2.24 |
| 2026-08-19 | 2.31 |
| 2026-08-18 | 2.23 |
| 2026-08-17 | 2.36 |
| 2026-08-14 | 2.39 |
| 2026-08-13 | 2.50 |
| 2026-08-12 | 2.43 |
| 2026-08-11 | 2.53 |
| 2026-08-10 | 2.40 |
| 2026-08-07 | 3.13 |
| 2026-08-06 | 2.72 |
| 2026-08-05 | 2.78 |
| 2026-08-04 | 2.80 |
| 2026-08-03 | 2.66 |
| 2026-07-31 | 2.51 |
| 2026-07-30 | 2.65 |
| 2026-07-29 | 2.38 |
| 2026-07-28 | 2.56 |
| 2026-07-27 | 2.70 |
| 2026-07-24 | 2.60 |
| 2026-07-23 | 2.84 |
| 2026-07-22 | 2.87 |
| 2026-07-21 | 2.85 |
| 2026-07-20 | 2.68 |
| 2026-07-17 | 2.65 |
| 2026-07-16 | 2.69 |
| 2026-07-15 | 2.95 |
| 2026-07-14 | 2.98 |
| 2026-07-13 | 2.96 |
| 2026-07-10 | 3.15 |
| 2026-07-09 | 3.18 |
| 2026-07-08 | 3.05 |
| 2026-07-07 | 3.09 |
| 2026-07-06 | 3.35 |
| 2026-07-02 | 3.38 |
| 2026-07-01 | 3.39 |
| 2026-06-30 | 3.38 |
| 2026-06-29 | 3.41 |
| 2026-06-26 | 3.23 |
| 2026-06-25 | 3.29 |
| 2026-06-24 | 3.49 |
| 2026-06-23 | 3.69 |
| 2026-06-22 | 3.77 |
| 2026-06-18 | 3.95 |
| 2026-06-17 | 3.80 |
| 2026-06-16 | 3.71 |
| 2026-06-15 | 3.92 |
| 2026-06-12 | 3.71 |
| 2026-06-11 | 3.74 |
| 2026-06-10 | 3.49 |
| 2026-06-09 | 3.65 |
| 2026-06-08 | 3.80 |
| 2026-06-05 | 3.75 |
| 2026-06-04 | 4.22 |
| 2026-06-03 | 4.21 |
| 2026-06-02 | 4.74 |
| 2026-06-01 | 4.32 |
| 2026-05-29 | 4.32 |
| 2026-05-28 | 4.40 |
| 2026-05-27 | 4.38 |
| 2026-05-26 | 4.43 |
| 2026-05-22 | 4.25 |
| 2026-05-21 | 4.20 |
| 2026-05-20 | 4.04 |
| 2026-05-19 | 3.61 |
| 2026-05-18 | 3.78 |
| 2026-05-15 | 4.02 |
| 2026-05-14 | 4.34 |
| 2026-05-13 | 4.50 |
| 2026-05-12 | 7.30 |
| 2026-05-11 | 7.75 |
| 2026-05-08 | 7.19 |
| 2026-05-07 | 7.12 |
| 2026-05-06 | 7.89 |
| 2026-05-05 | 6.78 |
| 2026-05-04 | 6.80 |
| 2026-05-01 | 6.98 |
| 2026-04-30 | 7.19 |
| 2026-04-29 | 6.44 |
| 2026-04-28 | 6.85 |
| 2026-04-27 | 7.53 |
| 2026-04-24 | 7.04 |
| 2026-04-23 | 7.58 |
| 2026-04-22 | 7.18 |
| 2026-04-21 | 6.21 |
| 2026-04-20 | 6.75 |
| 2026-04-17 | 6.62 |
| 2026-04-16 | 6.37 |
| 2026-04-15 | 6.28 |
| 2026-04-14 | 5.81 |
| 2026-04-13 | 5.35 |
| 2026-04-10 | 4.98 |
| 2026-04-09 | 4.73 |
| 2026-04-08 | 4.98 |
| 2026-04-07 | 4.62 |
| 2026-04-06 | 4.83 |
| 2026-04-02 | 4.77 |
| 2026-04-01 | 4.77 |
| 2026-03-31 | 4.92 |
| 2026-03-30 | 4.52 |
| 2026-03-27 | 4.98 |
| 2026-03-26 | 5.14 |
| 2026-03-25 | 5.48 |
| 2026-03-24 | 5.45 |
| 2026-03-23 | 5.58 |
| 2026-03-20 | 5.35 |
| 2026-03-19 | 5.42 |
| 2026-03-18 | 5.62 |
| 2026-03-17 | 7.55 |
| 2026-03-16 | 7.44 |
| 2026-03-13 | 7.28 |
| 2026-03-12 | 7.43 |
| 2026-03-11 | 7.83 |
| 2026-03-10 | 7.66 |
| 2026-03-09 | 7.71 |
| 2026-03-06 | 7.27 |
| 2026-03-05 | 7.74 |
| 2026-03-04 | 8.19 |
| 2026-03-03 | 7.89 |
| 2026-03-02 | 8.07 |
| 2026-02-27 | 7.85 |
| 2026-02-26 | 8.61 |
| 2026-02-25 | 8.27 |
| 2026-02-24 | 8.11 |
| 2026-02-23 | 7.87 |
| 2026-02-20 | 7.96 |
| 2026-02-19 | 8.44 |
| 2026-02-18 | 8.41 |
| 2026-02-17 | 8.44 |
| 2026-02-13 | 8.19 |
| 2026-02-12 | 7.97 |
| 2026-02-11 | 8.26 |
| 2026-02-10 | 8.66 |
| 2026-02-09 | 9.36 |
| 2026-02-06 | 8.87 |
| 2026-02-05 | 7.75 |
| 2026-02-04 | 8.51 |
| 2026-02-03 | 9.73 |
| 2026-02-02 | 9.18 |
| 2026-01-30 | 9.93 |
| 2026-01-29 | 10.73 |
| 2026-01-28 | 11.77 |
| 2026-01-27 | 10.64 |
| 2026-01-26 | 10.27 |
| 2026-01-23 | 10.93 |
| 2026-01-22 | 11.34 |
| 2026-01-21 | 11.32 |
| 2026-01-20 | 11.22 |
| 2026-01-16 | 11.84 |
| 2026-01-15 | 11.41 |
| 2026-01-14 | 11.97 |
| 2026-01-13 | 12.11 |
| 2026-01-12 | 12.78 |
| 2026-01-09 | 13.13 |
| 2026-01-08 | 12.17 |
| 2026-01-07 | 12.17 |
| 2026-01-06 | 11.92 |
| 2026-01-05 | 11.14 |
| 2026-01-02 | 9.70 |
| 2025-12-31 | 8.95 |
| 2025-12-30 | 8.94 |
| 2025-12-29 | 9.24 |
| 2025-12-26 | 9.59 |
| 2025-12-24 | 10.14 |
| 2025-12-23 | 10.21 |
| 2025-12-22 | 10.41 |
| 2025-12-19 | 10.38 |
| 2025-12-18 | 9.69 |
| 2025-12-17 | 9.47 |
| 2025-12-16 | 10.42 |
| 2025-12-15 | 10.27 |
| 2025-12-12 | 10.90 |
| 2025-12-11 | 12.85 |
| 2025-12-10 | 12.55 |
| 2025-12-09 | 12.96 |
| 2025-12-08 | 13.05 |
| 2025-12-05 | 13.05 |
| 2025-12-04 | 13.93 |
| 2025-12-03 | 12.05 |
| 2025-12-02 | 11.45 |
| 2025-12-01 | 10.90 |
| 2025-11-28 | 11.40 |
| 2025-11-26 | 11.07 |
| 2025-11-25 | 10.70 |
| 2025-11-24 | 11.17 |
| 2025-11-21 | 11.00 |
| 2025-11-20 | 10.98 |
| 2025-11-19 | 12.83 |
| 2025-11-18 | 12.05 |
| 2025-11-17 | 11.89 |
| 2025-11-14 | 12.17 |
| 2025-11-13 | 12.68 |
| 2025-11-12 | 22.36 |
| 2025-11-11 | 20.96 |
| 2025-11-10 | 22.43 |
| 2025-11-07 | 22.66 |
| 2025-11-06 | 21.47 |
| 2025-11-05 | 24.39 |
| 2025-11-04 | 22.58 |
| 2025-11-03 | 25.48 |
| 2025-10-31 | 26.71 |
| 2025-10-30 | 27.64 |
| 2025-10-29 | 28.85 |
| 2025-10-28 | 26.61 |
| 2025-10-27 | 27.64 |
| 2025-10-24 | 27.37 |
| 2025-10-23 | 25.08 |
| 2025-10-22 | 24.16 |
| 2025-10-21 | 28.05 |
| 2025-10-20 | 31.99 |
| 2025-10-17 | 32.87 |
| 2025-10-16 | 32.62 |
| 2025-10-15 | 34.51 |
| 2025-10-14 | 35.03 |
| 2025-10-13 | 34.40 |
| 2025-10-10 | 29.60 |
| 2025-10-09 | 27.79 |
| 2025-10-08 | 27.11 |
| 2025-10-07 | 26.98 |
| 2025-10-06 | 27.87 |
| 2025-10-03 | 25.62 |
| 2025-10-02 | 25.91 |
| 2025-10-01 | 23.32 |
| 2025-09-30 | 22.45 |
| 2025-09-29 | 23.44 |
| 2025-09-26 | 22.23 |
| 2025-09-25 | 23.96 |
| 2025-09-24 | 26.39 |
| 2025-09-23 | 28.69 |
| 2025-09-22 | 28.22 |
| 2025-09-19 | 27.20 |
| 2025-09-18 | 21.12 |
| 2025-09-17 | 19.17 |
| 2025-09-16 | 19.28 |
| 2025-09-15 | 19.25 |
| 2025-09-12 | 16.64 |
| 2025-09-11 | 16.09 |
| 2025-09-10 | 14.84 |
| 2025-09-09 | 14.88 |
| 2025-09-08 | 14.23 |
| 2025-09-05 | 14.04 |
| 2025-09-04 | 14.00 |
| 2025-09-03 | 14.53 |
| 2025-09-02 | 14.80 |
| 2025-08-29 | 14.81 |
Showing the most recent 260 of 521 data points. The chart above shows the full history.