BTQNF (BQE Water) Book Value per Share: $15.56 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BTQNF BQE Water Inc BTQNF
78 GF Score
Price $48.09
GF Value $56.41
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is BQE Water Book Value per Share?

BQE Water BTQNF -12.02% 78 Book Value per Share is $15.56 as of Mar. 2026. GuruFocus rates BTQNF with a GF Score™ of 78/100 and a GF Value™ of $56.41 (Modestly Undervalued). The stock has 3 warning signs investors should review.

BQE Water's book value per share for the quarter that ended in Mar. 2026 was $15.56.

During the past 12 months, BQE Water's average Book Value Per Share Growth Rate was 23.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BQE Water was 53.20% per year. The lowest was -30.50% per year. And the median was 1.50% per year.

BQE Water's current price is $48.09. Its book value per share for the quarter that ended in Mar. 2026 was $15.56. Hence, today's PB Ratio of BQE Water is 3.09.

During the past 13 years, the highest P/B Ratio of BQE Water was 5.64. The lowest was 0.72. And the median was 2.71.


BQE Water  (OTCPK:BTQNF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


BQE Water Book Value per Share Related Terms


BQE Water Book Value per Share Historical Data

* Premium members only.

The historical data trend for BQE Water's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BQE Water Book Value per Share Chart

BQE Water Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.10 7.40 8.83 11.20 16.08

BQE Water Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.08 13.63 15.13 16.08 15.56

BTQNF vs WM, RSG, WCN: Book Value per Share Comparison

For the Waste Management subindustry, BQE Water's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BQE Water PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, BQE Water's PB Ratio distribution charts can be found below:

* The bar in red indicates where BQE Water's PB Ratio falls into.


BTQNF
78GF Score
BQE Water Inc BTQNF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BQE Water Book Value per Share Calculation

BQE Water's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20.87-0.00)/1.30
=16.08

BQE Water's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20.24-0.00)/1.30
=15.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $15.56 mean?
BQE Water (BTQNF) has a Book Value per Share of $15.56 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on BQE Water and its competitors.
Is BQE Water's Book Value per Share too high?
BQE Water's current Book Value per Share is $15.56. Overall, BQE Water has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BQE Water's Book Value per Share compare to WM and RSG?
BQE Water's Book Value per Share of $15.56 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Waste Management company?
A good Book Value per Share depends on the Waste Management industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on BQE Water and its competitors. BQE Water's current Book Value per Share is $15.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BQE Water stock overvalued right now?
Based on GuruFocus' analysis, BQE Water (BTQNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $56.41, compared to a current price of $48.09 — trading 14.7% below its estimated fair value. The current Book Value per Share is $15.56. BQE Water's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For BQE Water (BTQNF), the current Book Value per Share is $15.56 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BQE Water (BTQNF) Overvalued in 2026?

Based on GuruFocus' analysis, BQE Water stock appears to be undervalued. The current stock price of $48.09 is trading 14.7% below its estimated GF Value™ of $56.41. GuruFocus considers BQE Water to be Modestly Undervalued.

Key valuation signals for BTQNF:

  • Book Value per Share: $15.56
  • GF Value™: $56.41 vs. price of $48.09 (14.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the BTQNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BQE Water Business Description

Other Exchanges UL5A:GermanyBQE:Canada
Address 30 East 6th Avenue, Suite 200, Vancouver, BC, CAN, V5T 1J4
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise that enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA.
78GF Score

Get the complete analysis for BTQNF

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$48.09
Price
$56.41
GF Value