Stem (STEM) Book Value per Share: $-31.08 (As of Mar. 2026)


STEM Stem Inc STEM
62 GF Score
Price $7.48
GF Value $11.63
Valuation Possible Value Trap
! 5 Warning Signs
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What is Stem Book Value per Share?

Stem STEM +1.63% 62 Book Value per Share is $-31.08 as of Mar. 2026. GuruFocus rates STEM with a GF Score™ of 62/100 and a GF Value™ of $11.63 (Possible Value Trap). The stock has 5 warning signs investors should review.

Stem's book value per share for the quarter that ended in Mar. 2026 was $-31.08.

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.

Stem's current price is $7.48. Its book value per share for the quarter that ended in Mar. 2026 was $-31.08. Hence, today's PB Ratio of Stem is .

During the past 7 years, the highest P/B Ratio of Stem was 48.28. The lowest was 0.48. And the median was 2.14.


Stem  (NYSE:STEM) 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.


Stem Book Value per Share Related Terms


Stem Book Value per Share Historical Data

* Premium members only.

The historical data trend for Stem'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.

Stem Book Value per Share Chart

Stem Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial 92.32 71.39 54.66 -48.94 -29.38

Stem 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 -50.19 -25.61 -28.09 -29.38 -31.08

STEM vs NXXT, AGIG, VGAS: Book Value per Share Comparison

For the Utilities - Renewable subindustry, Stem'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.


Stem PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Stem's PB Ratio distribution charts can be found below:

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


STEM
62GF Score
Stem Inc STEM
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Stem Book Value per Share Calculation

Stem'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)
=(-249.4-0.0)/8.5
=-29.38

Stem'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)
=(-266.3-0.0)/8.6
=-31.08

* 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 $-31.08 mean?
Stem (STEM) has a Book Value per Share of $-31.08 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Stem and its competitors.
Is Stem's Book Value per Share too high?
Stem's current Book Value per Share is $-31.08. Overall, Stem has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Stem's Book Value per Share compare to NXXT and AGIG?
Stem's Book Value per Share of $-31.08 can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Book Value per Share depends on the Utilities - Independent Power Producers 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 Stem and its competitors. Stem's current Book Value per Share is $-31.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stem stock overvalued right now?
Based on GuruFocus' analysis, Stem (STEM) is currently considered Possible Value Trap. The stock's GF Value™ is $11.63, compared to a current price of $7.48 — trading 35.7% below its estimated fair value. The current Book Value per Share is $-31.08. Stem's overall GF Score™ is 62/100 with 5 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 Stem (STEM), the current Book Value per Share is $-31.08 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 Stem (STEM) Overvalued in 2026?

Based on GuruFocus' analysis, Stem stock appears to be undervalued. The current stock price of $7.48 is trading 35.7% below its estimated GF Value™ of $11.63. GuruFocus considers Stem to be Possible Value Trap.

Key valuation signals for STEM:

  • Book Value per Share: $-31.08
  • GF Value™: $11.63 vs. price of $7.48 (35.7% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


Stem Business Description

Other Exchanges 5QQ:Germany
Address 1400 Post Oak Boulevard, Suite 560, Houston, TX, USA, 77056
Stem Inc is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. The Company operates as one operating segment that is focused exclusively on technology services that transform the way energy is distributed and consumed.
62GF Score

Get the complete analysis for STEM

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

$7.48
Price
$11.63
GF Value