Musandam Power CoOGMUS:MSPW -2.58%49 PB Ratio is 2.19 as of Jul. 12, 2026, which is 24% above its 10-year median of 1.76. GuruFocus rates MUS:MSPW with a GF Score™ of 49/100 and a GF Value™ of ر.ع0.31 (Fairly Valued). The stock has 11 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Musandam Power CoOG ranks worse than 68.68% on this metric.
During the past 12 months, Musandam Power CoOG's average Book Value Per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Musandam Power CoOG was 6.90% per year. The lowest was -0.40% per year. And the median was 2.90% per year.
Back to Basics: PB Ratio
Musandam Power CoOG (MUS:MSPW) PB Ratio Explanation
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.
Musandam Power CoOG PB Ratio Related Terms
Musandam Power CoOG PB Ratio Historical Data
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The historical data trend for Musandam Power CoOG'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 - Independent Power Producers subindustry, Musandam Power CoOG'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.
Musandam Power CoOG PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Musandam Power CoOG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Musandam Power CoOG'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.
Musandam Power CoOG (MUS:MSPW) has a PB Ratio of 2.19 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Musandam Power CoOG and its competitors. This is 24% above median its historical median of 1.76. Over the past decade, Musandam Power CoOG's PB Ratio has ranged from 1.42 to 2.48. According to the industry distribution chart, Musandam Power CoOG ranks #296 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 68.7%.
Is Musandam Power CoOG's PB Ratio too high?
Musandam Power CoOG's current PB Ratio of 2.19 is 24% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.48. The Utilities - Independent Power Producers industry median PB Ratio is 1.30. Musandam Power CoOG's value of 2.19 is 68.5% above this industry median. Based on the distribution chart, Musandam Power CoOG ranks #296 out of 431 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Musandam Power CoOG has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Musandam Power CoOG's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Musandam Power CoOG ranks #296 out of 431 companies for PB Ratio. This places Musandam Power CoOG in the lower half of its industry. The industry median PB Ratio is 1.30. Musandam Power CoOG's value of 2.19 is 68.5% above this benchmark. Historically, Musandam Power CoOG's own PB Ratio has ranged from 1.42 to 2.48 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.30, Musandam Power CoOG 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 1.30, 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. Musandam Power CoOG's current PB Ratio of 2.19 is 68.5% 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 Musandam Power CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musandam Power CoOG's current PB Ratio is 2.19, which is 24% above 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 Musandam Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Musandam Power CoOG (MUS:MSPW) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.34 — trading 9.7% above its estimated fair value. The current PB Ratio is 2.19, which is 24% above median its 10-year median of 1.76 and 68.5% above the Utilities - Independent Power Producers industry median of 1.30. Musandam Power CoOG's overall GF Score™ is 49/100 with 11 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 Musandam Power CoOG (MUS:MSPW), the current PB Ratio is 2.19 as of Jul. 12, 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 Musandam Power CoOG (MUS:MSPW) Overvalued in 2026?
Based on GuruFocus' analysis, Musandam Power CoOG stock appears to be overvalued.
The current stock price of ر.ع0.34 is trading 9.7% above its estimated GF Value™ of ر.ع0.31.
GuruFocus considers Musandam Power CoOG to be Fairly Valued.
Key valuation signals for MUS:MSPW:
PB Ratio: 2.19 (24% above median its 10-year median of 1.76)
GF Value™: ر.ع0.31 vs. price of ر.ع0.34 (9.7% above fair value)
Industry Position: 68.5% above the Utilities - Independent Power Producers median (#296 of 431)
No single metric tells the full story. See the MUS:MSPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Musandam Power Co SAOG is the owner of an independent power plant in the Musandam region of the Sultanate of Oman. It is the owner of the first independent power plant in the Musandam region. With a contracted power capacity of 120.7 MW, the company caters to the current and near-term demand of the region and is a proud contributor to its development aspirations. The Company is selling the electrical energy generated to Oman Power and Water Procurement Company SAOC.
49GF Score
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