Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) PB Ratio: 1.05 (As of Jul. 28, 2026) — 41% Below Median

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BSP:EQMA3B Equatorial MaranhaoDistribuidora de Energia SA BSP:EQMA3B
79 GF Score
Price R$29.99
GF Value R$34.20
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Equatorial MaranhaoDistribuidora de Energia PB Ratio?

Equatorial MaranhaoDistribuidora de Energia BSP:EQMA3B +0.81% 79 PB Ratio is 1.05 as of Jul. 28, 2026, which is 41% below its 10-year median of 1.78. GuruFocus rates BSP:EQMA3B with a GF Score™ of 79/100 and a GF Value™ of R$34.20 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 501 Utilities - Regulated companies, Equatorial MaranhaoDistribuidora de Energia ranks better than 66.87% 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 (2026-07-28), Equatorial MaranhaoDistribuidora de Energia's share price is R$29.99. Equatorial MaranhaoDistribuidora de Energia's Book Value per Share for the quarter that ended in Mar. 2026 was R$28.55. Hence, Equatorial MaranhaoDistribuidora de Energia's PB Ratio of today is 1.05.

The historical rank and industry rank for Equatorial MaranhaoDistribuidora de Energia's PB Ratio or its related term are showing as below:

BSP:EQMA3B' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.78   Max: 2.97
Current: 1.05

During the past 13 years, Equatorial MaranhaoDistribuidora de Energia's highest PB Ratio was 2.97. The lowest was 0.91. And the median was 1.78.

BSP:EQMA3B's PB Ratio is ranked better than
66.87% of 501 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs BSP:EQMA3B: 1.05

During the past 12 months, Equatorial MaranhaoDistribuidora de Energia's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Equatorial MaranhaoDistribuidora de Energia was 20.00% per year. The lowest was 3.30% per year. And the median was 13.60% per year.

Back to Basics: PB Ratio


Equatorial MaranhaoDistribuidora de Energia  (BSP:EQMA3B) 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.


Equatorial MaranhaoDistribuidora de Energia PB Ratio Related Terms


Equatorial MaranhaoDistribuidora de Energia PB Ratio Historical Data

* Premium members only.

The historical data trend for Equatorial MaranhaoDistribuidora de Energia'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.

Equatorial MaranhaoDistribuidora de Energia PB Ratio Chart

Equatorial MaranhaoDistribuidora de Energia 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 1.83 1.19 1.30 0.95 1.18

Equatorial MaranhaoDistribuidora de Energia 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 1.01 1.08 1.17 1.18 1.09

BSP:EQMA3B vs NEE, SO, DUK: PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de Energia'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.


Equatorial MaranhaoDistribuidora de Energia PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Equatorial MaranhaoDistribuidora de Energia's PB Ratio distribution charts can be found below:

* The bar in red indicates where Equatorial MaranhaoDistribuidora de Energia's PB Ratio falls into.


BSP:EQMA3B
79GF Score
Equatorial MaranhaoDistribuidora de Energia SA BSP:EQMA3B
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equatorial MaranhaoDistribuidora de Energia 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.

Equatorial MaranhaoDistribuidora de Energia's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=29.99/28.546
=1.05

* 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 1.05 mean?
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) has a PB Ratio of 1.05 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Equatorial MaranhaoDistribuidora de Energia and its competitors. This is 41% below median its historical median of 1.78. Over the past decade, Equatorial MaranhaoDistribuidora de Energia's PB Ratio has ranged from 0.91 to 2.97. According to the industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #166 out of 501 companies in the Utilities - Regulated industry, placing it in the top 33.1%.
Is Equatorial MaranhaoDistribuidora de Energia's PB Ratio too high?
Equatorial MaranhaoDistribuidora de Energia's current PB Ratio of 1.05 is 41% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 2.97. The Utilities - Regulated industry median PB Ratio is 1.44. Equatorial MaranhaoDistribuidora de Energia's value of 1.05 is 27.1% below this industry median. Based on the distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #166 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Equatorial MaranhaoDistribuidora de Energia has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equatorial MaranhaoDistribuidora de Energia's PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #166 out of 501 companies for PB Ratio. This puts Equatorial MaranhaoDistribuidora de Energia in the upper half of its industry. The industry median PB Ratio is 1.44. Equatorial MaranhaoDistribuidora de Energia's value of 1.05 is 27.1% below this benchmark. Historically, Equatorial MaranhaoDistribuidora de Energia's own PB Ratio has ranged from 0.91 to 2.97 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.44, Equatorial MaranhaoDistribuidora de Energia has consistently been below 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 - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.44, based on 501 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. Equatorial MaranhaoDistribuidora de Energia's current PB Ratio of 1.05 is 27.1% below 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equatorial MaranhaoDistribuidora de Energia's current PB Ratio is 1.05, which is 41% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial MaranhaoDistribuidora de Energia stock overvalued right now?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.20, compared to a current price of R$29.99 — trading 12.3% below its estimated fair value. The current PB Ratio is 1.05, which is 41% below median its 10-year median of 1.78 and 27.1% below the Utilities - Regulated industry median of 1.44. Equatorial MaranhaoDistribuidora de Energia's overall GF Score™ is 79/100 with 6 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B), the current PB Ratio is 1.05 as of Jul. 28, 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Overvalued in 2026?

Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia stock appears to be undervalued. The current stock price of R$29.99 is trading 12.3% below its estimated GF Value™ of R$34.20. GuruFocus considers Equatorial MaranhaoDistribuidora de Energia to be Modestly Undervalued.

Key valuation signals for BSP:EQMA3B:

  • PB Ratio: 1.05 (41% below median its 10-year median of 1.78)
  • GF Value™: R$34.20 vs. price of R$29.99 (12.3% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 27.1% below the Utilities - Regulated median (#166 of 501)

No single metric tells the full story. See the BSP:EQMA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equatorial MaranhaoDistribuidora de Energia Business Description

Address Alameda A, Qd SQS, No. 100, Quiteandinha Altos do Calhau, Sao Luis, MA, BRA, 65070-900
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.
79GF Score

Get the complete analysis for BSP:EQMA3B

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

R$29.99
Price
R$34.20
GF Value