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BQE WaterBTQNF -12.02%78 PB Ratio is 3.09 as of Aug. 03, 2026, which is 14% above its 10-year median of 2.71. GuruFocus rates BTQNF with a GF Score™ of 78/100 and a GF Value™ of $56.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 225 Waste Management companies, BQE Water ranks worse than 84.44% 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 (2026-08-03), BQE Water's share price is $48.09. BQE Water's Book Value per Share for the quarter that ended in Mar. 2026 was $15.56. Hence, BQE Water's PB Ratio of today is 3.09.
The historical rank and industry rank for BQE Water's PB Ratio or its related term are showing as below:
BTQNF'
s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 2.71 Max: 5.64
Current: 3.51
During the past 13 years, BQE Water's highest PB Ratio was 5.64. The lowest was 0.72. And the median was 2.71.
BTQNF's PB Ratio is ranked worse than 84.44% of 225
companies
in the Waste Management industry
Industry Median: 1.54
vs BTQNF: 3.51
During the past 12 months, BQE Water's average Book Value Per Share Growth Rate was 23.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 30.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BQE Water was 53.20% per year. The lowest was -30.50% per year. And the median was 1.50% per year.
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.
BQE Water PB Ratio Related Terms
BQE Water PB Ratio Historical Data
* Premium members only.
The historical data trend for BQE Water'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.
For the Waste Management subindustry, BQE Water'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.
BQE Water PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, BQE Water's PB Ratio distribution charts can be found below:
* The bar in red indicates where BQE Water's PB Ratio falls into.
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.
BQE Water's PB Ratio for today is calculated as follows:
* 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.
BQE Water (BTQNF) has a PB Ratio of 3.09 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BQE Water and its competitors. This is 14% above median its historical median of 2.71. Over the past decade, BQE Water's PB Ratio has ranged from 0.72 to 5.64. According to the industry distribution chart, BQE Water ranks #190 out of 225 companies in the Waste Management industry, placing it in the top 84.4%.
Is BQE Water's PB Ratio too high?
BQE Water's current PB Ratio of 3.09 is 14% above median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 5.64. The Waste Management industry median PB Ratio is 1.54. BQE Water's value of 3.09 is 100.6% above this industry median. Based on the distribution chart, BQE Water ranks #190 out of 225 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, BQE Water has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BQE Water's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, BQE Water ranks #190 out of 225 companies for PB Ratio. This places BQE Water in the lower half of its industry. The industry median PB Ratio is 1.54. BQE Water's value of 3.09 is 100.6% above this benchmark. Historically, BQE Water's own PB Ratio has ranged from 0.72 to 5.64 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 1.54, BQE Water 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 a Waste Management company?
The median PB Ratio among Waste Management companies is 1.54, based on 225 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. BQE Water's current PB Ratio of 3.09 is 100.6% 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 BQE Water and its competitors. For the Waste Management industry, the median PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BQE Water's current PB Ratio is 3.09, which is 14% above median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BQE Water stock overvalued right now?
Based on GuruFocus' analysis, BQE Water (BTQNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $56.41, compared to a current price of $48.09 — trading 14.7% below its estimated fair value. The current PB Ratio is 3.09, which is 14% above median its 10-year median of 2.71 and 100.6% above the Waste Management industry median of 1.54. BQE Water's overall GF Score™ is 78/100 with 3 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 BQE Water (BTQNF), the current PB Ratio is 3.09 as of Aug. 03, 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 BQE Water (BTQNF) Overvalued in 2026?
Based on GuruFocus' analysis, BQE Water stock appears to be undervalued.
The current stock price of $48.09 is trading 14.7% below its estimated GF Value™ of $56.41.
GuruFocus considers BQE Water to be Modestly Undervalued.
Key valuation signals for BTQNF:
PB Ratio: 3.09 (14% above median its 10-year median of 2.71)
GF Value™: $56.41 vs. price of $48.09 (14.7% below fair value)
Industry Position: 100.6% above the Waste Management median (#190 of 225)
No single metric tells the full story. See the BTQNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise that enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA.
78GF Score
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