Black Hills (MEX:BKH) Book Value per Share: MXN934.65 (As of Mar. 2026)

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MEX:BKH Black Hills Corp MEX:BKH
74 GF Score
Price MXN1,089.00
GF Value MXN856.71
! 10 Warning Signs
View Full Analysis

What is Black Hills Book Value per Share?

Black Hills MEX:BKH 74 Book Value per Share is MXN934.65 as of Mar. 2026. GuruFocus rates MEX:BKH with a GF Score™ of 74/100 and a GF Value™ of MXN856.71. The stock has 10 warning signs investors should review.

Black Hills's book value per share for the quarter that ended in Mar. 2026 was MXN934.65.

During the past 12 months, Black Hills's average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% 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 Black Hills was 26.20% per year. The lowest was 0.10% per year. And the median was 4.60% per year.

Black Hills's current price is MXN1089.00. Its book value per share for the quarter that ended in Mar. 2026 was MXN934.65. Hence, today's PB Ratio of Black Hills is 1.17.

During the past 13 years, the highest P/B Ratio of Black Hills was 2.30. The lowest was 1.04. And the median was 1.58.

Warning Sign:

Black Hills Corp stock PB Ratio (=1.45) is close to 3-year high of 1.48.


Black Hills  (MEX:BKH) 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.


Black Hills Book Value per Share Related Terms


Black Hills Book Value per Share Historical Data

* Premium members only.

The historical data trend for Black Hills'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.

Black Hills Book Value per Share Chart

Black Hills 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 883.15 883.28 800.29 1,019.64 912.15

Black Hills 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 1,025.62 939.74 915.83 912.15 934.65

MEX:BKH vs NJR, OGS, SR: Book Value per Share Comparison

For the Utilities - Regulated Gas subindustry, Black Hills'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.


Black Hills PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Black Hills's PB Ratio distribution charts can be found below:

* The bar in red indicates where Black Hills's PB Ratio falls into.


MEX:BKH
74GF Score
Black Hills Corp MEX:BKH
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Hills Book Value per Share Calculation

Black Hills'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)
=(68,847-0)/75
=912.15

Black Hills'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)
=(71,143-0)/76
=934.65

* 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 MXN934.65 mean?
Black Hills (MEX:BKH) has a Book Value per Share of MXN934.65 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Black Hills and its competitors.
Is Black Hills' Book Value per Share too high?
Black Hills' current Book Value per Share is MXN934.65. Overall, Black Hills has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Black Hills' Book Value per Share compare to NJR and OGS?
Black Hills' Book Value per Share of MXN934.65 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Book Value per Share depends on the Utilities - Regulated 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 Black Hills and its competitors. Black Hills's current Book Value per Share is MXN934.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Hills stock overvalued right now?
Black Hills (MEX:BKH) has a current Book Value per Share of MXN934.65. The stock's GF Value™ is MXN856.71, compared to a current price of MXN1,089.00 — trading 27.1% above its estimated fair value. The current Book Value per Share is MXN934.65. Black Hills' overall GF Score™ is 74/100 with 10 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 Black Hills (MEX:BKH), the current Book Value per Share is MXN934.65 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 Black Hills (MEX:BKH) Overvalued in 2026?

Based on GuruFocus' analysis, Black Hills stock appears to be overvalued. The current stock price of MXN1,089.00 is trading 27.1% above its estimated GF Value™ of MXN856.71.

Key valuation signals for MEX:BKH:

  • Book Value per Share: MXN934.65
  • GF Value™: MXN856.71 vs. price of MXN1,089.00 (27.1% above fair value)
  • GF Score™: 74/100 with 10 warning signs

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


Black Hills Business Description

Other Exchanges BKH:USABHI:Germany
Address 7001 Mount Rushmore Road, Rapid City, SD, USA, 57702
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities and Gas Utilities segment. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from gas utilities.
74GF Score

Get the complete analysis for MEX:BKH

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

MXN1,089.00
Price
MXN856.71
GF Value