Eversource EnergyES +1.94%74 PB Ratio is 1.67 as of Jun. 28, 2026, which is 5% below its 10-year median of 1.76. GuruFocus rates ES with a GF Score™ of 74/100 and a GF Value™ of $68.08 (Fairly Valued). The stock has 10 warning signs investors should review. Among 504 Utilities - Regulated companies, Eversource Energy ranks worse than 60.52% on this metric.
Eversource Energy stock PB Ratio (=1.67) is close to 3-year high of 1.77.
The historical rank and industry rank for Eversource Energy's PB Ratio or its related term are showing as below:
ES'
s PB Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.76 Max: 2.52
Current: 1.67
During the past 13 years, Eversource Energy's highest PB Ratio was 2.52. The lowest was 1.18. And the median was 1.76.
ES's PB Ratio is ranked worse than 60.52% of 504
companies
in the Utilities - Regulated industry
Industry Median: 1.415
vs ES: 1.67
During the past 12 months, Eversource Energy's average Book Value Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eversource Energy was 13.00% per year. The lowest was -7.80% per year. And the median was 3.60% 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.
Eversource Energy PB Ratio Related Terms
Eversource Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for Eversource Energy'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 Utilities - Regulated Electric subindustry, Eversource Energy'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.
Eversource Energy PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Eversource Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Eversource Energy'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.
* 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.
Eversource Energy (ES) has a PB Ratio of 1.67 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eversource Energy and its competitors. This is near median its historical median of 1.76. Over the past decade, Eversource Energy's PB Ratio has ranged from 1.18 to 2.52. According to the industry distribution chart, Eversource Energy ranks #305 out of 504 companies in the Utilities - Regulated industry, placing it in the top 60.5%.
Is Eversource Energy's PB Ratio too high?
Eversource Energy's current PB Ratio of 1.67 is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.52. The Utilities - Regulated industry median PB Ratio is 1.42. Eversource Energy's value of 1.67 is 18% above this industry median. Based on the distribution chart, Eversource Energy ranks #305 out of 504 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Eversource Energy has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eversource Energy's PB Ratio compare to PPL and FE?
According to the Utilities - Regulated industry distribution chart, Eversource Energy ranks #305 out of 504 companies for PB Ratio. This places Eversource Energy in the lower half of its industry. The industry median PB Ratio is 1.42. Eversource Energy's value of 1.67 is 18% above this benchmark. Historically, Eversource Energy's own PB Ratio has ranged from 1.18 to 2.52 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.42, Eversource Energy 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 1.42, based on 504 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. Eversource Energy's current PB Ratio of 1.67 is 18% 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 Eversource Energy and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eversource Energy's current PB Ratio is 1.67, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eversource Energy stock overvalued right now?
Based on GuruFocus' analysis, Eversource Energy (ES) is currently considered Fairly Valued. The stock's GF Value™ is $68.08, compared to a current price of $73.48 — trading 7.9% above its estimated fair value. The current PB Ratio is 1.67, which is near median its 10-year median of 1.76 and 18% above the Utilities - Regulated industry median of 1.42. Eversource Energy's overall GF Score™ is 74/100 with 10 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 Eversource Energy (ES), the current PB Ratio is 1.67 as of Jun. 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 Eversource Energy (ES) Overvalued in 2026?
Based on GuruFocus' analysis, Eversource Energy stock appears to be overvalued.
The current stock price of $73.48 is trading 7.9% above its estimated GF Value™ of $68.08.
GuruFocus considers Eversource Energy to be Fairly Valued.
Key valuation signals for ES:
PB Ratio: 1.67 (near median its 10-year median of 1.76)
GF Value™: $68.08 vs. price of $73.48 (7.9% above fair value)
Industry Position: 18% above the Utilities - Regulated median (#305 of 504)
No single metric tells the full story. See the ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast US. Eversource expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). In 2024 Eversource exited its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast US. It plans to sell Aquarion in 2026. The company exited most of its unregulated businesses in 2006.
74GF Score
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