SOBO (South Bow) EV-to-EBITDA: 12.14 (As of Jul. 30, 2026) — 12% Above Median

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SOBO South Bow Corp SOBO
15 GF Score
Price $37.34
! 13 Warning Signs
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What is South Bow EV-to-EBITDA?

South Bow SOBO +0.48% 15 EV-to-EBITDA is 12.14 as of Jul. 30, 2026, which is 12% above its 10-year median of 10.85. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 13 warning signs investors should review. Among 762 Oil & Gas companies, South Bow ranks worse than 73.62% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, South Bow's enterprise value is $12,920 Mil. South Bow's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,064 Mil. Therefore, South Bow's EV-to-EBITDA for today is 12.14.

The historical rank and industry rank for South Bow's EV-to-EBITDA or its related term are showing as below:

SOBO' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.91   Med: 10.85   Max: 13.62
Current: 12.45

During the past 3 years, the highest EV-to-EBITDA of South Bow was 13.62. The lowest was 9.91. And the median was 10.85.

SOBO's EV-to-EBITDA is ranked worse than
73.62% of 762 companies
in the Oil & Gas industry
Industry Median: 7.63 vs SOBO: 12.45

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-30), South Bow's stock price is $37.34. South Bow's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.540. Therefore, South Bow's PE Ratio (TTM) for today is 24.25.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


South Bow  (NYSE:SOBO) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

South Bow's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=37.34/1.540
=24.25

South Bow's share price for today is $37.34.
South Bow's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.540.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


South Bow EV-to-EBITDA Related Terms


South Bow EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for South Bow's EV-to-EBITDA 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 EV-to-EBITDA Chart

South Bow Annual Data
Trend Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 9.79 10.18

South Bow Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 10.86 10.37 11.05 10.18 11.43

SOBO vs WMB, EPD, KMI: EV-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, South Bow's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, South Bow's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where South Bow's EV-to-EBITDA falls into.


SOBO
15GF Score
South Bow Corp SOBO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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South Bow EV-to-EBITDA Calculation

South Bow's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=12920.201/1064
=12.14

South Bow's current Enterprise Value is $12,920 Mil.
South Bow's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,064 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 12.14 mean?
South Bow (SOBO) has a EV-to-EBITDA of 12.14 as of Jul. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on South Bow. This is 12% above median its historical median of 10.85. Over the past decade, South Bow's EV-to-EBITDA has ranged from 9.91 to 13.62. According to the industry distribution chart, South Bow ranks #561 out of 762 companies in the Oil & Gas industry, placing it in the top 73.6%.
Is South Bow's EV-to-EBITDA too high?
South Bow's current EV-to-EBITDA of 12.14 is 12% above median its 10-year median of 10.85. Over the past 10 years, this metric has ranged from a low of 9.91 to a high of 13.62. The Oil & Gas industry median EV-to-EBITDA is 7.63. South Bow's value of 12.14 is 59.1% above this industry median. Based on the distribution chart, South Bow ranks #561 out of 762 companies in the Oil & Gas industry, which is below the industry midpoint. 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 EV-to-EBITDA compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #561 out of 762 companies for EV-to-EBITDA. This places South Bow in the lower half of its industry. The industry median EV-to-EBITDA is 7.63. South Bow's value of 12.14 is 59.1% above this benchmark. Historically, South Bow's own EV-to-EBITDA has ranged from 9.91 to 13.62 over the past decade. While the company's 10-year median is 10.85 vs. the industry median of 7.63, South Bow has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.63, based on 762 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Bow's current EV-to-EBITDA of 12.14 is 59.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on South Bow. For the Oil & Gas industry, the median EV-to-EBITDA is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current EV-to-EBITDA is 12.14, which is 12% above median its own 10-year median of 10.85. 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 EV-to-EBITDA of 12.14. The current EV-to-EBITDA is 12.14, which is 12% above median its 10-year median of 10.85 and 59.1% above the Oil & Gas industry median of 7.63. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For South Bow (SOBO), the current EV-to-EBITDA is 12.14 as of Jul. 30, 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

Get the complete analysis for SOBO

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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