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SOLV EnergyMWH -2.23%16 PB Ratio is 13.03 as of Aug. 15, 2026, which is 6% below its 10-year median of 13.91. GuruFocus rates MWH with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 437 Utilities - Independent Power Producers companies, SOLV Energy ranks worse than 98.17% 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 (2026-08-15), SOLV Energy's share price is $32.00. SOLV Energy's Book Value per Share for the quarter that ended in Jun. 2026 was $2.46. Hence, SOLV Energy's PB Ratio of today is 13.03.
The historical rank and industry rank for SOLV Energy's PB Ratio or its related term are showing as below:
MWH'
s PB Ratio Range Over the Past 10 Years
Min: 11.11 Med: 13.91 Max: 20.34
Current: 13.03
During the past 4 years, SOLV Energy's highest PB Ratio was 20.34. The lowest was 11.11. And the median was 13.91.
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.
SOLV Energy PB Ratio Related Terms
SOLV Energy PB Ratio Historical Data
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The historical data trend for SOLV 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 - Renewable subindustry, SOLV 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.
SOLV Energy PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SOLV Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where SOLV 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.
SOLV Energy'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.
SOLV Energy (MWH) has a PB Ratio of 13.03 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SOLV Energy and its competitors. This is near median its historical median of 13.91. Over the past decade, SOLV Energy's PB Ratio has ranged from 11.11 to 20.34. According to the industry distribution chart, SOLV Energy ranks #429 out of 437 companies in the Utilities - Independent Power Producers industry, placing it in the top 98.2%.
Is SOLV Energy's PB Ratio too high?
SOLV Energy's current PB Ratio of 13.03 is near median its 10-year median of 13.91. Over the past 10 years, this metric has ranged from a low of 11.11 to a high of 20.34. The Utilities - Independent Power Producers industry median PB Ratio is 1.30. SOLV Energy's value of 13.03 is 902.3% above this industry median. Based on the distribution chart, SOLV Energy ranks #429 out of 437 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, SOLV Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does SOLV Energy's PB Ratio compare to ORA and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, SOLV Energy ranks #429 out of 437 companies for PB Ratio. This places SOLV Energy in the lower half of its industry. The industry median PB Ratio is 1.30. SOLV Energy's value of 13.03 is 902.3% above this benchmark. Historically, SOLV Energy's own PB Ratio has ranged from 11.11 to 20.34 over the past decade. While the company's 10-year median is 13.91 vs. the industry median of 1.30, SOLV 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 - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.30, based on 437 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. SOLV Energy's current PB Ratio of 13.03 is 902.3% 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 SOLV Energy 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. SOLV Energy's current PB Ratio is 13.03, which is near median its own 10-year median of 13.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOLV Energy stock overvalued right now?
SOLV Energy (MWH) has a current PB Ratio of 13.03. The current PB Ratio is 13.03, which is near median its 10-year median of 13.91 and 902.3% above the Utilities - Independent Power Producers industry median of 1.30. SOLV Energy's overall GF Score™ is 16/100 with 2 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 SOLV Energy (MWH), the current PB Ratio is 13.03 as of Aug. 15, 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.
SOLV Energy Inc is a provider of infrastructure services to the power industry, including engineering, procurement, construction, testing, commissioning, operations, maintenance and repowering. It specializes in designing, building and maintaining utility-scale solar and battery storage projects and related T&D infrastructure. The company's projects include: The Eldorado Solar Project, Gravel Pit Solar Project, and Vikings Solar-plus-Storage Project. It operates in one reportable segment which derives revenue through providing EPC, O&M and Development services throughout the Unites Sates. The company derives maximum of revenue from its EPC contracts.
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