RANKINGS
Lowest P/B — Utilities
Price-to-Book ratio compares market value to book value. Lower may signal value.
124 companies with P/B Ratio data.
Ranked by P/B Ratio(124)
| # | Ticker | Name | Market Cap | P/B Ratio |
|---|---|---|---|---|
| 1 | EDN | $1.1B | 0.0 | |
| 2 | ENIC | $6.1B | 0.0 | |
| 3 | CEPU | $2.2B | 0.0 | |
| 4 | TGS | $4.6B | 0.0 | |
| 5 | XIFR | $1.1B | 0.1 | |
| 6 | BEP | $9.7B | 0.3 | |
| 7 | AWX | $10M | 0.3 | |
| 8 | SPRU | $43M | 0.4 | |
| 9 | SMC | $417M | 0.5 | |
| 10 | KEP | $15.0B | 0.5 | |
| 11 | EE | $1.2B | 0.6 | |
| 12 | DXST | $5M | 0.7 | |
| 13 | BEPC | $6.2B | 0.7 | |
| 14 | QRHC | $27M | 0.7 | |
| 15 | AES | $10.5B | 0.9 | |
| 16 | MNTK | $235M | 0.9 | |
| 17 | CLNE | $511M | 0.9 | |
| 18 | NEXT | $2.2B | 0.9 | |
| 19 | CWEN | $5.2B | 0.9 | |
| 20 | KEN | $3.4B | 1.1 | |
| 21 | PCG | $38.3B | 1.1 | |
| 22 | SLNG | $73M | 1.2 | |
| 23 | AXIA | $23.2B | 1.2 | |
| 24 | AVA | $3.5B | 1.3 | |
| 25 | NWN | $2.2B | 1.4 | |
| 26 | CIG | $6.1B | 1.4 | |
| 27 | ET | $69.4B | 1.4 | |
| 28 | ARTNA | $356M | 1.4 | |
| 29 | SR | $4.9B | 1.4 | |
| 30 | HE | $2.3B | 1.4 | |
| 31 | HTO | $2.6B | 1.4 | |
| 32 | OGS | $5.0B | 1.4 | |
| 33 | BKH | $5.8B | 1.4 | |
| 34 | UGI | $7.8B | 1.4 | |
| 35 | SRE | $61.7B | 1.4 | |
| 36 | HVII | $272M | 1.4 | |
| 37 | RNW | $2.2B | 1.5 | |
| 38 | POR | $6.1B | 1.5 | |
| 39 | UTL | $971M | 1.5 | |
| 40 | NWE | $4.5B | 1.5 | |
| 41 | FTS | $29.3B | 1.5 | |
| 42 | EIX | $29.5B | 1.6 | |
| 43 | NNE | $939M | 1.6 | |
| 44 | WTRG | $10.9B | 1.6 | |
| 45 | ED | $41.2B | 1.6 | |
| 46 | SWX | $6.6B | 1.6 | |
| 47 | EXC | $48.2B | 1.6 | |
| 48 | EMA | $16.4B | 1.7 | |
| 49 | ES | $28.1B | 1.7 | |
| 50 | DUK | $98.9B | 1.8 | |
| 51 | CWT | $3.0B | 1.8 | |
| 52 | TXNM | $6.3B | 1.8 | |
| 53 | PPL | $27.2B | 1.8 | |
| 54 | PNW | $13.2B | 1.9 | |
| 55 | D | $62.7B | 1.9 | |
| 56 | NI | $22.6B | 1.9 | |
| 57 | ELLO | $259M | 1.9 | |
| 58 | CPK | $3.2B | 1.9 | |
| 59 | EVRG | $19.9B | 2.0 | |
| 60 | OTTR | $3.7B | 2.0 | |
| 61 | ATO | $30.0B | 2.0 | |
| 62 | NFG | $7.7B | 2.0 | |
| 63 | FE | $28.5B | 2.0 | |
| 64 | CWCO | $462M | 2.0 | |
| 65 | OGE | $10.1B | 2.0 | |
| 66 | RGCO | $255M | 2.1 | |
| 67 | MSEX | $1.0B | 2.1 | |
| 68 | YORW | $502M | 2.1 | |
| 69 | XEL | $50.2B | 2.1 | |
| 70 | ELPC | $8.8B | 2.1 | |
| 71 | KMI | $71.7B | 2.2 | |
| 72 | AEP | $73.4B | 2.2 | |
| 73 | NJR | $6.0B | 2.3 | |
| 74 | AEE | $31.4B | 2.3 | |
| 75 | MGEE | $3.1B | 2.3 | |
| 76 | AWK | $25.7B | 2.3 | |
| 77 | CMS | $23.4B | 2.3 | |
| 78 | PEG | $40.3B | 2.3 | |
| 79 | IDA | $8.4B | 2.3 | |
| 80 | ORA | $6.6B | 2.4 | |
| 81 | BIPC | $4.8B | 2.4 | |
| 82 | GWRS | $205M | 2.4 | |
| 83 | CNP | $28.6B | 2.5 | |
| 84 | DTE | $31.0B | 2.5 | |
| 85 | OKE | $58.1B | 2.6 | |
| 86 | GFL | $14.1B | 2.6 | |
| 87 | WEC | $37.7B | 2.6 | |
| 88 | TRP | $70.8B | 2.6 | |
| 89 | LNT | $19.8B | 2.7 | |
| 90 | VG | $33.2B | 2.7 | |
| 91 | CEG | $91.6B | 2.7 | |
| 92 | SO | $108.2B | 2.7 | |
| 93 | EPD | $82.9B | 2.7 | |
| 94 | OPTT | $55M | 2.8 | |
| 95 | NEE | $186.7B | 2.8 | |
| 96 | CTRI | $2.6B | 3.0 | |
| 97 | DTM | $14.9B | 3.0 | |
| 98 | ETR | $53.8B | 3.0 | |
| 99 | AWR | $3.3B | 3.1 | |
| 100 | OPAL | $62M | 3.4 |
How to turn this ranking into valuation work
Start with the company page
Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.
Then validate WACC
A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.
Finish with DCF
Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.
P/B Ratio Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io