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 8.79 is in line with its estimated 3-year average of 8.61, around the middle of its estimated 3-year range (1.50–19.37).
As of 2026-09-12T00:16:08.163Z. 37.41% below its estimated 12-month average of 14.04.
Calculation as of: 2026-09-12T00:16:08.163Z.
Quote observation: 2026-09-11T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6dffcd8d9d4529b5f20ee21076d4d31ca09cd722c1301f8117ab2f47b4189477
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 2026-09-09.
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
8.79
PB RATIO AVG TTM
14.04
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
-37.41%
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
2.06
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+325.67%
vs the sector median at left
Market Cap
$11.65B
PB Ratio
1.66
TTM Avg
1.69
3Y Avg
1.56
5Y Avg
1.49
Market Cap
$9.30B
PB Ratio
2.12
TTM Avg
1.64
3Y Avg
1.03
5Y Avg
0.98
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Talen Energy Corporation (TLN) | $14.20B | 8.79 | 14.04 | N/A | N/A |
| Pinnacle West Capital Corporation (PNW)vs › | $11.65B | 1.66 | 1.69 | 1.56 | 1.49 |
| Alliant Energy Corporation (LNT)vs › | $17.37B | 2.31 | 2.46 | 2.22 | 2.25 |
| The AES Corporation (AES)vs › | $10.55B | 2.13 | 2.38 | 3.18 | 4.10 |
| Evergy, Inc. (EVRG)vs › | $18.81B | 1.84 | 1.84 | 1.54 | 1.55 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.30B | 2.12 | 1.64 | 1.03 | 0.98 |
| NiSource Inc (NI)vs › | $19.86B | 2.07 | 2.27 | 1.99 | 1.88 |
| UGI Corporation (UGI)vs › | $8.14B | 1.56 | 1.57 | 1.37 | 1.39 |
| CMS Energy Corporation (CMS)vs › | $21.06B | 2.15 | 2.42 | 2.43 | 2.55 |
| Edison International (EIX)vs › | $21.55B | 1.23 | 1.47 | 1.60 | 1.61 |
At 8.79, P/B is near its estimated 3-year median — higher than 52% of readings in its estimated 3-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 3-year low
1.50
median
7.63
estimated 3-year high
19.37
P/B Ratio
8.79
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 |
|---|---|
| 2026-09-09 | 9.08 |
| 2026-09-08 | 9.25 |
| 2026-09-04 | 9.00 |
| 2026-09-03 | 8.68 |
| 2026-09-02 | 8.58 |
| 2026-09-01 | 8.34 |
| 2026-08-31 | 8.40 |
| 2026-08-28 | 8.41 |
| 2026-08-27 | 8.65 |
| 2026-08-26 | 8.70 |
| 2026-08-25 | 8.74 |
| 2026-08-24 | 8.68 |
| 2026-08-21 | 8.93 |
| 2026-08-20 | 9.00 |
| 2026-08-19 | 9.16 |
| 2026-08-18 | 9.02 |
| 2026-08-17 | 10.14 |
| 2026-08-14 | 10.30 |
| 2026-08-13 | 10.18 |
| 2026-08-12 | 10.37 |
| 2026-08-11 | 10.17 |
| 2026-08-10 | 9.75 |
| 2026-08-07 | 9.88 |
| 2026-08-06 | 9.61 |
| 2026-08-05 | 14.58 |
| 2026-08-04 | 15.03 |
| 2026-08-03 | 15.23 |
| 2026-07-31 | 14.77 |
| 2026-07-30 | 14.70 |
| 2026-07-29 | 13.98 |
| 2026-07-28 | 14.41 |
| 2026-07-27 | 15.34 |
| 2026-07-24 | 15.91 |
| 2026-07-23 | 16.77 |
| 2026-07-22 | 16.68 |
| 2026-07-21 | 16.18 |
| 2026-07-20 | 15.93 |
| 2026-07-17 | 16.46 |
| 2026-07-16 | 16.28 |
| 2026-07-15 | 17.69 |
| 2026-07-14 | 17.55 |
| 2026-07-13 | 17.52 |
| 2026-07-10 | 17.05 |
| 2026-07-09 | 16.99 |
| 2026-07-08 | 16.26 |
| 2026-07-07 | 16.21 |
| 2026-07-06 | 16.70 |
| 2026-07-02 | 16.12 |
| 2026-07-01 | 15.95 |
| 2026-06-30 | 16.99 |
| 2026-06-29 | 17.65 |
| 2026-06-26 | 17.86 |
| 2026-06-25 | 18.42 |
| 2026-06-24 | 17.94 |
| 2026-06-23 | 18.21 |
| 2026-06-22 | 19.37 |
| 2026-06-18 | 19.29 |
| 2026-06-17 | 18.12 |
| 2026-06-16 | 17.97 |
| 2026-06-15 | 17.07 |
| 2026-06-12 | 15.94 |
| 2026-06-11 | 15.24 |
| 2026-06-10 | 14.88 |
| 2026-06-09 | 15.86 |
| 2026-06-08 | 16.12 |
| 2026-06-05 | 16.12 |
| 2026-06-04 | 16.71 |
| 2026-06-03 | 16.78 |
| 2026-06-02 | 17.04 |
| 2026-06-01 | 16.67 |
| 2026-05-29 | 17.10 |
| 2026-05-28 | 16.86 |
| 2026-05-27 | 16.79 |
| 2026-05-26 | 17.20 |
| 2026-05-22 | 16.46 |
| 2026-05-21 | 15.93 |
| 2026-05-20 | 15.23 |
| 2026-05-19 | 13.91 |
| 2026-05-18 | 14.33 |
| 2026-05-15 | 14.77 |
| 2026-05-14 | 15.60 |
| 2026-05-13 | 15.52 |
| 2026-05-12 | 16.56 |
| 2026-05-11 | 16.95 |
| 2026-05-08 | 17.08 |
| 2026-05-07 | 17.26 |
| 2026-05-06 | 18.12 |
| 2026-05-05 | 16.60 |
| 2026-05-04 | 16.59 |
| 2026-05-01 | 16.05 |
| 2026-04-30 | 16.06 |
| 2026-04-29 | 15.18 |
| 2026-04-28 | 15.58 |
| 2026-04-27 | 15.94 |
| 2026-04-24 | 15.71 |
| 2026-04-23 | 14.89 |
| 2026-04-22 | 14.63 |
| 2026-04-21 | 14.22 |
| 2026-04-20 | 14.93 |
| 2026-04-17 | 15.76 |
| 2026-04-16 | 15.63 |
| 2026-04-15 | 15.24 |
| 2026-04-14 | 14.91 |
| 2026-04-13 | 14.06 |
| 2026-04-10 | 13.86 |
| 2026-04-09 | 13.49 |
| 2026-04-08 | 14.17 |
| 2026-04-07 | 14.23 |
| 2026-04-06 | 13.98 |
| 2026-04-02 | 14.13 |
| 2026-04-01 | 14.15 |
| 2026-03-31 | 13.77 |
| 2026-03-30 | 13.50 |
| 2026-03-27 | 14.00 |
| 2026-03-26 | 13.94 |
| 2026-03-25 | 14.16 |
| 2026-03-24 | 13.62 |
| 2026-03-23 | 13.41 |
| 2026-03-20 | 13.07 |
| 2026-03-19 | 14.67 |
| 2026-03-18 | 14.60 |
| 2026-03-17 | 14.11 |
| 2026-03-16 | 13.70 |
| 2026-03-13 | 13.63 |
| 2026-03-12 | 13.43 |
| 2026-03-11 | 13.64 |
| 2026-03-10 | 14.30 |
| 2026-03-09 | 14.45 |
| 2026-03-06 | 13.82 |
| 2026-03-05 | 14.44 |
| 2026-03-04 | 14.52 |
| 2026-03-03 | 14.72 |
| 2026-03-02 | 15.23 |
| 2026-02-27 | 16.00 |
| 2026-02-26 | 12.90 |
| 2026-02-25 | 12.95 |
| 2026-02-24 | 12.41 |
| 2026-02-23 | 12.17 |
| 2026-02-20 | 12.64 |
| 2026-02-19 | 12.57 |
| 2026-02-18 | 12.58 |
| 2026-02-17 | 12.84 |
| 2026-02-13 | 12.46 |
| 2026-02-12 | 12.16 |
| 2026-02-11 | 11.73 |
| 2026-02-10 | 11.84 |
| 2026-02-09 | 11.70 |
| 2026-02-06 | 11.41 |
| 2026-02-05 | 10.74 |
| 2026-02-04 | 10.49 |
| 2026-02-03 | 11.29 |
| 2026-02-02 | 11.27 |
| 2026-01-30 | 11.52 |
| 2026-01-29 | 11.98 |
| 2026-01-28 | 12.08 |
| 2026-01-27 | 11.89 |
| 2026-01-26 | 11.59 |
| 2026-01-23 | 12.12 |
| 2026-01-22 | 12.56 |
| 2026-01-21 | 12.38 |
| 2026-01-20 | 11.80 |
| 2026-01-16 | 12.29 |
| 2026-01-15 | 13.86 |
| 2026-01-14 | 12.40 |
| 2026-01-13 | 12.46 |
| 2026-01-12 | 12.20 |
| 2026-01-09 | 12.26 |
| 2026-01-08 | 11.77 |
| 2026-01-07 | 12.39 |
| 2026-01-06 | 13.00 |
| 2026-01-05 | 13.07 |
| 2026-01-02 | 13.12 |
| 2025-12-31 | 12.40 |
| 2025-12-30 | 12.53 |
| 2025-12-29 | 12.58 |
| 2025-12-26 | 12.72 |
| 2025-12-24 | 12.69 |
| 2025-12-23 | 12.59 |
| 2025-12-22 | 12.53 |
| 2025-12-19 | 12.31 |
| 2025-12-18 | 12.29 |
| 2025-12-17 | 11.64 |
| 2025-12-16 | 12.46 |
| 2025-12-15 | 11.84 |
| 2025-12-12 | 11.79 |
| 2025-12-11 | 12.20 |
| 2025-12-10 | 11.86 |
| 2025-12-09 | 11.52 |
| 2025-12-08 | 11.69 |
| 2025-12-05 | 11.72 |
| 2025-12-04 | 12.17 |
| 2025-12-03 | 12.09 |
| 2025-12-02 | 12.17 |
| 2025-12-01 | 12.57 |
| 2025-11-28 | 13.04 |
| 2025-11-26 | 12.98 |
| 2025-11-25 | 12.53 |
| 2025-11-24 | 12.58 |
| 2025-11-21 | 12.10 |
| 2025-11-20 | 12.21 |
| 2025-11-19 | 12.91 |
| 2025-11-18 | 12.40 |
| 2025-11-17 | 12.19 |
| 2025-11-14 | 11.94 |
| 2025-11-13 | 11.74 |
| 2025-11-12 | 12.16 |
| 2025-11-11 | 12.39 |
| 2025-11-10 | 13.02 |
| 2025-11-07 | 12.78 |
| 2025-11-06 | 12.76 |
| 2025-11-05 | 15.51 |
| 2025-11-04 | 15.20 |
| 2025-11-03 | 15.90 |
| 2025-10-31 | 15.37 |
| 2025-10-30 | 15.06 |
| 2025-10-29 | 15.32 |
| 2025-10-28 | 15.15 |
| 2025-10-27 | 15.65 |
| 2025-10-24 | 15.68 |
| 2025-10-23 | 14.76 |
| 2025-10-22 | 14.64 |
| 2025-10-21 | 14.69 |
| 2025-10-20 | 15.64 |
| 2025-10-17 | 15.63 |
| 2025-10-16 | 16.07 |
| 2025-10-15 | 15.99 |
| 2025-10-14 | 16.06 |
| 2025-10-13 | 16.76 |
| 2025-10-10 | 15.87 |
| 2025-10-09 | 17.09 |
| 2025-10-08 | 17.14 |
| 2025-10-07 | 16.57 |
| 2025-10-06 | 16.55 |
| 2025-10-03 | 16.86 |
| 2025-10-02 | 16.69 |
| 2025-10-01 | 16.42 |
| 2025-09-30 | 16.35 |
| 2025-09-29 | 16.17 |
| 2025-09-26 | 15.81 |
| 2025-09-25 | 15.79 |
| 2025-09-24 | 16.03 |
| 2025-09-23 | 16.27 |
| 2025-09-22 | 16.52 |
| 2025-09-19 | 16.28 |
| 2025-09-18 | 15.97 |
| 2025-09-17 | 15.69 |
| 2025-09-16 | 15.75 |
| 2025-09-15 | 15.59 |
| 2025-09-12 | 15.48 |
| 2025-09-11 | 15.41 |
| 2025-09-10 | 15.48 |
| 2025-09-09 | 14.97 |
| 2025-09-08 | 14.74 |
| 2025-09-05 | 14.96 |
| 2025-09-04 | 14.63 |
| 2025-09-03 | 14.52 |
| 2025-09-02 | 14.42 |
| 2025-08-29 | 14.57 |
| 2025-08-28 | 14.93 |
| 2025-08-27 | 14.67 |
Showing the most recent 260 of 674 data points. The chart above shows the full history.