BEP (Brookfield Renewable Partners LP) PB Ratio: 2.29 (As of Jul. 20, 2026) — 48% Above Median

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BEP Brookfield Renewable Partners LP BEP
81 GF Score
Price $31.76
GF Value $28.70
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Brookfield Renewable Partners LP PB Ratio?

Brookfield Renewable Partners LP BEP -0.13% 81 PB Ratio is 2.29 as of Jul. 20, 2026, which is 48% above its 10-year median of 1.55. GuruFocus rates BEP with a GF Score™ of 81/100 and a GF Value™ of $28.70 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Brookfield Renewable Partners LP ranks worse than 70.53% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-20), Brookfield Renewable Partners LP's share price is $31.76. Brookfield Renewable Partners LP's Book Value per Share for the quarter that ended in Mar. 2026 was $13.85. Hence, Brookfield Renewable Partners LP's PB Ratio of today is 2.29.

The historical rank and industry rank for Brookfield Renewable Partners LP's PB Ratio or its related term are showing as below:

BEP' s PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.55   Max: 2.76
Current: 2.35

During the past 13 years, Brookfield Renewable Partners LP's highest PB Ratio was 2.76. The lowest was 0.76. And the median was 1.55.

BEP's PB Ratio is ranked worse than
70.53% of 431 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.27 vs BEP: 2.35

During the past 12 months, Brookfield Renewable Partners LP's average Book Value Per Share Growth Rate was -7.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Brookfield Renewable Partners LP was 53.40% per year. The lowest was -10.20% per year. And the median was 1.10% per year.

Back to Basics: PB Ratio


Brookfield Renewable Partners LP  (NYSE:BEP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Brookfield Renewable Partners LP PB Ratio Related Terms


Brookfield Renewable Partners LP PB Ratio Historical Data

* Premium members only.

The historical data trend for Brookfield Renewable Partners LP's PB Ratio 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.

Brookfield Renewable Partners LP PB Ratio Chart

Brookfield Renewable Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.44 1.60 1.53 1.79

Brookfield Renewable Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 1.55 1.83 1.94 1.79 2.36

Brookfield Renewable Partners LP PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Brookfield Renewable Partners LP'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.


Brookfield Renewable Partners LP PB Ratio vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Brookfield Renewable Partners LP's PB Ratio falls into.


BEP
81GF Score
Brookfield Renewable Partners LP BEP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brookfield Renewable Partners LP PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Brookfield Renewable Partners LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=31.76/13.845
=2.29

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.29 mean?
Brookfield Renewable Partners LP (BEP) has a PB Ratio of 2.29 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Brookfield Renewable Partners LP and its competitors. This is 48% above median its historical median of 1.55. Over the past decade, Brookfield Renewable Partners LP's PB Ratio has ranged from 0.76 to 2.76. According to the industry distribution chart, Brookfield Renewable Partners LP ranks #304 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 70.5%.
Is Brookfield Renewable Partners LP's PB Ratio too high?
Brookfield Renewable Partners LP's current PB Ratio of 2.29 is 48% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.76. The Utilities - Independent Power Producers industry median PB Ratio is 1.27. Brookfield Renewable Partners LP's value of 2.29 is 80.3% above this industry median. Based on the distribution chart, Brookfield Renewable Partners LP ranks #304 out of 431 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Brookfield Renewable Partners LP has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Renewable Partners LP's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Brookfield Renewable Partners LP ranks #304 out of 431 companies for PB Ratio. This places Brookfield Renewable Partners LP in the lower half of its industry. The industry median PB Ratio is 1.27. Brookfield Renewable Partners LP's value of 2.29 is 80.3% above this benchmark. Historically, Brookfield Renewable Partners LP's own PB Ratio has ranged from 0.76 to 2.76 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.27, Brookfield Renewable Partners LP 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 PB Ratio for an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.27, based on 431 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brookfield Renewable Partners LP's current PB Ratio of 2.29 is 80.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Brookfield Renewable Partners LP and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Renewable Partners LP's current PB Ratio is 2.29, which is 48% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Renewable Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Renewable Partners LP (BEP) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.70, compared to a current price of $31.76 — trading 10.7% above its estimated fair value. The current PB Ratio is 2.29, which is 48% above median its 10-year median of 1.55 and 80.3% above the Utilities - Independent Power Producers industry median of 1.27. Brookfield Renewable Partners LP's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Brookfield Renewable Partners LP (BEP), the current PB Ratio is 2.29 as of Jul. 20, 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 Brookfield Renewable Partners LP (BEP) Overvalued in 2026?

Based on GuruFocus' analysis, Brookfield Renewable Partners LP stock appears to be overvalued. The current stock price of $31.76 is trading 10.7% above its estimated GF Value™ of $28.70. GuruFocus considers Brookfield Renewable Partners LP to be Modestly Overvalued.

Key valuation signals for BEP:

  • PB Ratio: 2.29 (48% above median its 10-year median of 1.55)
  • GF Value™: $28.70 vs. price of $31.76 (10.7% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 80.3% above the Utilities - Independent Power Producers median (#304 of 431)

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


Brookfield Renewable Partners LP Business Description

Address 73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia and totals over 40 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners and Brookfield Renewable Corp.
81GF Score

Get the complete analysis for BEP

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

$31.76
Price
$28.70
GF Value