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DFM:DEWA's PB Ratio is ranked worse than 57.68% of 501
companies
in the Utilities - Regulated industry
Industry Median: 1.44
vs DFM:DEWA: 1.60
During the past 12 months, Dubai Electricity & Water Authority PJSC's average Book Value Per Share Growth Rate was -2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dubai Electricity & Water Authority PJSC was 10.80% per year. The lowest was -1.30% per year. And the median was 8.05% 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.
Dubai Electricity & Water Authority PJSC PB Ratio Related Terms
Dubai Electricity & Water Authority PJSC PB Ratio Historical Data
* 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.
Dubai Electricity & Water Authority PJSC PB Ratio Chart
Dubai Electricity & Water Authority PJSC Annual Data
For the Utilities - Diversified subindustry, Dubai Electricity & Water Authority PJSC'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.
Dubai Electricity & Water Authority PJSC PB Ratio vs Utilities - Regulated Industry
Dubai Electricity & Water Authority PJSC 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.
* 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.
Dubai Electricity & Water Authority PJSC (DFM:DEWA) has a PB Ratio of 1.49 as of Sep. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dubai Electricity & Water Authority PJSC and its competitors. This is near median its historical median of 1.45. Over the past decade, Dubai Electricity & Water Authority PJSC's PB Ratio has ranged from 1.26 to 1.71. According to the industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #289 out of 501 companies in the Utilities - Regulated industry, placing it in the top 57.7%.
Is Dubai Electricity & Water Authority PJSC's PB Ratio too high?
Dubai Electricity & Water Authority PJSC's current PB Ratio of 1.49 is near median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 1.71. The Utilities - Regulated industry median PB Ratio is 1.44. Dubai Electricity & Water Authority PJSC's value of 1.49 is 3.5% above this industry median. Based on the distribution chart, Dubai Electricity & Water Authority PJSC ranks #289 out of 501 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Dubai Electricity & Water Authority PJSC has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dubai Electricity & Water Authority PJSC's PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #289 out of 501 companies for PB Ratio. This places Dubai Electricity & Water Authority PJSC in the lower half of its industry. The industry median PB Ratio is 1.44. Dubai Electricity & Water Authority PJSC's value of 1.49 is 3.5% above this benchmark. Historically, Dubai Electricity & Water Authority PJSC's own PB Ratio has ranged from 1.26 to 1.71 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.44, Dubai Electricity & Water Authority PJSC 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 - 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. Dubai Electricity & Water Authority PJSC's current PB Ratio of 1.49 is 3.5% 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 Dubai Electricity & Water Authority PJSC 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. Dubai Electricity & Water Authority PJSC's current PB Ratio is 1.49, which is near median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Electricity & Water Authority PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Electricity & Water Authority PJSC (DFM:DEWA) is currently considered Fairly Valued. The stock's GF Value™ is د.إ2.82, compared to a current price of د.إ2.76 — trading 2.1% below its estimated fair value. The current PB Ratio is 1.49, which is near median its 10-year median of 1.45 and 3.5% above the Utilities - Regulated industry median of 1.44. Dubai Electricity & Water Authority PJSC's overall GF Score™ is 85/100 with 7 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 Dubai Electricity & Water Authority PJSC (DFM:DEWA), the current PB Ratio is 1.49 as of Sep. 18, 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 Dubai Electricity & Water Authority PJSC (DFM:DEWA) Overvalued in 2026?
Based on GuruFocus' analysis, Dubai Electricity & Water Authority PJSC stock appears to be undervalued.
The current stock price of د.إ2.76 is trading 2.1% below its estimated GF Value™ of د.إ2.82.
GuruFocus considers Dubai Electricity & Water Authority PJSC to be Fairly Valued.
Key valuation signals for DFM:DEWA:
PB Ratio: 1.49 (near median its 10-year median of 1.45)
GF Value™: د.إ2.82 vs. price of د.إ2.76 (2.1% below fair value)
Industry Position: 3.5% above the Utilities - Regulated median (#289 of 501)
No single metric tells the full story. See the DFM:DEWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dubai Electricity & Water Authority PJSC is engaged in water desalination and distribution and its generation, transmission, and distribution of electricity, throughout the Emirate of Dubai. The company operates into four segments; DEWA is engaged in the generation, transmission, and distribution of electricity and water desalination, transmission and distribution to residential, commercial, industrial, and government; EMPOWER is engaged in the provision of district cooling, maintenance of central cooling plants and manufacturing and sale of insulated pipes; IWPP is engaged in the development, operation and maintenance of power and water plants; and Others operations include purification and sale of potable water, and other. It generates maximum revenue from the DEWA segment.
85GF Score
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