SOBO (South Bow) Book Value per Share: $12.76 (As of Mar. 2026)


SOBO South Bow Corp SOBO
15 GF Score
Price $36.82
! 13 Warning Signs
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What is South Bow Book Value per Share?

South Bow SOBO +1.92% 15 Book Value per Share is $12.76 as of Mar. 2026. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 13 warning signs investors should review.

South Bow's book value per share for the quarter that ended in Mar. 2026 was $12.76.

During the past 12 months, South Bow's average Book Value Per Share Growth Rate was -2.40% 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.

South Bow's current price is $36.815. Its book value per share for the quarter that ended in Mar. 2026 was $12.76. Hence, today's PB Ratio of South Bow is 2.89.

During the past 3 years, the highest P/B Ratio of South Bow was 3.05. The lowest was 1.66. And the median was 2.11.

Warning Sign:

South Bow Corp stock PB Ratio (=2.92) is close to 2-year high of 3.05.


South Bow  (NYSE:SOBO) 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.


South Bow Book Value per Share Related Terms


South Bow Book Value per Share Historical Data

* Premium members only.

The historical data trend for South Bow'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.

South Bow Book Value per Share Chart

South Bow Annual Data
Trend Dec23 Dec24 Dec25
Book Value per Share
13.68 12.55 13.01

South Bow Quarterly Data
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 12.49 12.66 12.60 13.01 12.76

SOBO vs WMB, EPD, KMI: Book Value per Share Comparison

For the Oil & Gas Midstream subindustry, South Bow'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.


South Bow PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, South Bow's PB Ratio distribution charts can be found below:

* The bar in red indicates where South Bow's PB Ratio falls into.


SOBO
15GF Score
South Bow Corp SOBO
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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South Bow Book Value per Share Calculation

South Bow'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)
=(2,709-0)/208
=13.01

South Bow'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)
=(2,661-0)/209
=12.76

* 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 $12.76 mean?
South Bow (SOBO) has a Book Value per Share of $12.76 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on South Bow and its competitors.
Is South Bow's Book Value per Share too high?
South Bow's current Book Value per Share is $12.76. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's Book Value per Share compare to WMB and EPD?
South Bow's Book Value per Share of $12.76 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas 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 South Bow and its competitors. South Bow's current Book Value per Share is $12.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current Book Value per Share of $12.76. The current Book Value per Share is $12.76. South Bow's overall GF Score™ is 15/100 with 13 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 South Bow (SOBO), the current Book Value per Share is $12.76 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.

South Bow Business Description

Industry EnergyOil & Gas
Other Exchanges SOBO:Canada
Address 707, 5 Street SW, Suite 900, Calgary, AB, CAN, T2P 1V8
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
15GF Score

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

$36.82
Price