RANKINGS

Lowest P/B — Utilities

Price-to-Book ratio compares market value to book value. Lower may signal value.

136 companies with P/B Ratio data.

Ranked by P/B Ratio(136)

#	Ticker	Name	Industry	Market Cap	P/B Ratio
1	VIVK	VIVAKOR, INC. TTM · 2026-06-30 Analysis WACC DCF	Other	$1M	0.0
2	XIFR	XPLR INFRASTRUCTURE, LP FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$972M	0.1
3	CDTG	CDT Environmental Technology Investment Holdings Limited FY · 2025-12-31 Analysis WACC DCF	Multi-Utilities	$3M	0.1
4	SPRU	Spruce Power Holding Corporation TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$29M	0.2
5	BEP	BROOKFIELD RENEWABLE PARTNERS L.P. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$8.7B	0.2
6	AWX	AVALON HOLDINGS CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Other	$10M	0.3
7	SMC	Summit Midstream Corporation TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$443M	0.5
8	KEP	KOREA ELECTRIC POWER CORPORATION FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$13.6B	0.5
9	EE	Excelerate Energy, Inc TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$1.1B	0.5
10	BESS	BIMERGEN ENERGY CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$16M	0.5
11	DXST	Decent Holding Inc. FY · 2025-10-31 Analysis WACC DCF	Multi-Utilities	$4M	0.5
12	CLNE	CLEAN ENERGY FUELS CORP. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$311M	0.6
13	BEPC	BROOKFIELD RENEWABLE CORPORATION FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$5.4B	0.6
14	EDN	EDENOR FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$896M	0.6
15	HVII	HENNESSY CAPITAL INVESTMENT CORP. VII TTM · 2026-12-31 Analysis WACC DCF	Electric Utilities	$116M	0.6
16	NEXT	NEXTDECADE CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$1.8B	0.6
17	CWEN	Clearway Energy, Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$3.7B	0.7
18	OPTT	OCEAN POWER TECHNOLOGIES, INC. FY · 2026-04-30 Analysis WACC DCF	Electric Utilities	$6M	0.7
19	RENX	RENX ENTERPRISES CORP. FY · 2025-12-31 Analysis WACC DCF	Other	$6M	0.8
20	AES	THE AES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Multi-Utilities	$10.7B	0.8
21	HE	HAWAIIAN ELECTRIC INDUSTRIES, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$1.5B	0.8
22	KEN	KENON HOLDINGS LTD. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$3.2B	1.0
23	CEPU	Central Puerto S.A. FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$1.9B	1.1
24	AVA	AVISTA CORP TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$3.0B	1.1
25	QRHC	Quest Resource Holding Corporation TTM · 2026-06-30 Analysis WACC DCF	Other	$29M	1.1
26	EIX	EDISON INTERNATIONAL TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$21.4B	1.1
27	ENIC	ENEL CHILE S.A. FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$6.2B	1.1
28	PCG	PG&E CORP TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$39.5B	1.2
29	NNE	NANO NUCLEAR ENERGY INC. FY · 2025-09-30 Analysis WACC DCF	Electric Utilities	$767M	1.2
30	SRE	SEMPRA TTM · 2026-03-31 Analysis WACC DCF	Gas Utilities	$53.5B	1.3
31	POR	PORTLAND GENERAL ELECTRIC COMPANY TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.3B	1.3
32	MNTK	MONTAUK RENEWABLES, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$342M	1.3
33	OGS	ONE Gas, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$4.6B	1.3
34	NWN	NORTHWEST NATURAL HOLDING COMPANY TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$2.0B	1.3
35	OPAL	OPAL FUELS INC. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$50M	1.3
36	HTO	H2O AMERICA TTM · 2026-03-31 Analysis WACC DCF	Water Utilities	$2.5B	1.3
37	ARTNA	ARTESIAN RESOURCES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$349M	1.4
38	SR	Spire Inc. FY · 2025-09-30 Analysis WACC DCF	Gas Utilities	$4.7B	1.4
39	EMA	EMERA INCORPORATED FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$14.1B	1.4
40	BKH	Black Hills Corporation TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.8B	1.4
41	FTS	FORTIS INC. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$27.5B	1.5
42	EXC	EXELON CORPORATION TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$43.4B	1.5
43	SWX	Southwest Gas Holdings, Inc. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$6.2B	1.5
44	UTL	UNITIL CORPORATION FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$967M	1.5
45	ES	EVERSOURCE ENERGY TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$24.9B	1.5
46	UGI	UGI CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$8.1B	1.5
47	ED	CONSOLIDATED EDISON INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$39.6B	1.5
48	CIG	ENERGY CO OF MINAS GERAIS FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$6.9B	1.6
49	CWT	CALIFORNIA WATER SERVICE GROUP TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$2.8B	1.6
50	NWE	NORTHWESTERN ENERGY GROUP, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$4.6B	1.6
51	WTRG	Essential Utilities, Inc. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$11.1B	1.6
52	NGG	NATIONAL GRID PLC FY · 2025-03-31 Analysis WACC DCF	Gas Utilities	$77.5B	1.6
53	SLNG	Stabilis Solutions, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$93M	1.6
54	DUK	DUKE ENERGY CORPORATION TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$91.8B	1.6
55	D	DOMINION ENERGY, INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$54.9B	1.6
56	RNW	RENEW ENERGY GLOBAL PLC FY · 2025-03-31 Analysis WACC DCF	Electric Utilities	$2.5B	1.6
57	NI	NiSource Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$19.8B	1.7
58	PNW	PINNACLE WEST CAPITAL CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$12.1B	1.7
59	PPL	PPL Corp TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$25.8B	1.7
60	YORW	YORK WATER COMPANY TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$509M	1.7
61	GNE	Genie Energy Ltd. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$444M	1.7
62	SKYQ	SKY QUARRY INC. TTM · 2026-06-30 Analysis WACC DCF	Other	$21M	1.7
63	PCYO	PURE CYCLE CORPORATION TTM · 2026-05-31 Analysis WACC DCF	Water Utilities	$271M	1.8
64	ATO	Atmos Energy Corp TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$27.4B	1.8
65	TGS	GAS TRANSPORTER OF THE SOUTH INC. FY · 2024-12-31 Analysis WACC DCF	Gas Utilities	$3.9B	1.8
66	OKLO	Oklo Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$6.0B	1.8
67	TXNM	TXNM Energy, Inc. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$6.4B	1.8
68	EVRG	EVERGY, INC. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$18.8B	1.8
69	FE	FIRSTENERGY CORP TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.2B	1.9
70	RGCO	RGC Resources, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$236M	1.9
71	XEL	Xcel Energy Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$46.3B	1.9
72	NFG	NATIONAL FUEL GAS COMPANY TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$7.6B	1.9
73	MSEX	MIDDLESEX WATER COMPANY TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$1.0B	1.9
74	CPK	CHESAPEAKE UTILITIES CORP TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$3.3B	1.9
75	OGE	OGE ENERGY CORP. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$9.7B	2.0
76	CETY	CLEAN ENERGY TECHNOLOGIES, INC. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$12M	2.0
77	OTTR	OTTER TAIL CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$3.7B	2.0
78	MGEE	MGE Energy, Inc. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$2.7B	2.0
79	CMS	CMS ENERGY CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$20.7B	2.0
80	NJR	NEW JERSEY RESOURCES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$5.3B	2.0
81	PEG	Public Service Enterprise Group Incorporated TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$35.3B	2.0
82	AEP	American Electric Power Company, Inc. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$67.6B	2.1
83	ORA	ORMAT TECHNOLOGIES, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.6B	2.1
84	AEE	Ameren Corporation TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$28.6B	2.1
85	CWCO	CONSOLIDATED WATER CO. LTD. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$492M	2.1
86	DTE	DTE ENERGY CO TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.6B	2.2
87	IDA	IDACORP INC FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$7.9B	2.2
88	AWK	AMERICAN WATER WORKS COMPANY, INC. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$25.7B	2.2
89	GRDX	GRIDAI TECHNOLOGIES CORP FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$33M	2.2
90	KMI	KINDER MORGAN, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$73.7B	2.2
91	CNP	CENTERPOINT ENERGY INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$25.7B	2.2
92	BIPC	BROOKFIELD INFRASTRUCTURE CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$4.5B	2.3
93	LNT	ALLIANT ENERGY CORP TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$17.2B	2.3
94	TRP	TC ENERGY CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$63.1B	2.3
95	WEC	WEC ENERGY GROUP, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$34.2B	2.3
96	CTRI	Centuri Holdings, Inc. TTM · 2026-06-28 Analysis WACC DCF	Gas Utilities	$2.1B	2.4
97	KGS	Kodiak Gas Services, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$5.3B	2.5
98	NEE	NEXTERA ENERGY INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$163.8B	2.5
99	EPD	ENTERPRISE PRODUCTS PARTNERS L.P. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$77.5B	2.5
100	FISN	Deep Fission, Inc. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$246M	2.5