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nVent ElectricNVT +3.71%90 PB Ratio is 6.84 as of Jul. 21, 2026, which is 199% above its 10-year median of 2.29. GuruFocus rates NVT with a GF Score™ of 90/100 and a GF Value™ of $116.89 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,979 Industrial Products companies, nVent Electric ranks worse than 87.71% 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 (2026-07-21), nVent Electric's share price is $160.52. nVent Electric's Book Value per Share for the quarter that ended in Mar. 2026 was $23.48. Hence, nVent Electric's PB Ratio of today is 6.84.
The historical rank and industry rank for nVent Electric's PB Ratio or its related term are showing as below:
NVT'
s PB Ratio Range Over the Past 10 Years
Min: 0.93 Med: 2.29 Max: 7.54
Current: 6.84
During the past 11 years, nVent Electric's highest PB Ratio was 7.54. The lowest was 0.93. And the median was 2.29.
NVT's PB Ratio is ranked worse than 87.71% of 2979
companies
in the Industrial Products industry
Industry Median: 2.1
vs NVT: 6.84
During the past 12 months, nVent Electric's average Book Value Per Share Growth Rate was 6.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of nVent Electric was 11.80% per year. The lowest was -12.30% per year. And the median was 2.60% 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.
nVent Electric PB Ratio Related Terms
nVent Electric PB Ratio Historical Data
* Premium members only.
The historical data trend for nVent Electric'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 Electrical Equipment & Parts subindustry, nVent Electric'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.
nVent Electric PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, nVent Electric's PB Ratio distribution charts can be found below:
* The bar in red indicates where nVent Electric'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.
nVent Electric'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.
nVent Electric (NVT) has a PB Ratio of 6.84 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on nVent Electric and its competitors. This is 199% above median its historical median of 2.29. Over the past decade, nVent Electric's PB Ratio has ranged from 0.93 to 7.54. According to the industry distribution chart, nVent Electric ranks #2613 out of 2979 companies in the Industrial Products industry, placing it in the top 87.7%.
Is nVent Electric's PB Ratio too high?
nVent Electric's current PB Ratio of 6.84 is 199% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 7.54. The Industrial Products industry median PB Ratio is 2.10. nVent Electric's value of 6.84 is 225.7% above this industry median. Based on the distribution chart, nVent Electric ranks #2613 out of 2979 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, nVent Electric has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does nVent Electric's PB Ratio compare to HUBB and FPS?
According to the Industrial Products industry distribution chart, nVent Electric ranks #2613 out of 2979 companies for PB Ratio. This places nVent Electric in the lower half of its industry. The industry median PB Ratio is 2.10. nVent Electric's value of 6.84 is 225.7% above this benchmark. Historically, nVent Electric's own PB Ratio has ranged from 0.93 to 7.54 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 2.10, nVent Electric 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,979 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. nVent Electric's current PB Ratio of 6.84 is 225.7% 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 nVent Electric and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. nVent Electric's current PB Ratio is 6.84, which is 199% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is nVent Electric stock overvalued right now?
Based on GuruFocus' analysis, nVent Electric (NVT) is currently considered Significantly Overvalued. The stock's GF Value™ is $116.89, compared to a current price of $160.52 — trading 37.3% above its estimated fair value. The current PB Ratio is 6.84, which is 199% above median its 10-year median of 2.29 and 225.7% above the Industrial Products industry median of 2.10. nVent Electric's overall GF Score™ is 90/100 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 nVent Electric (NVT), the current PB Ratio is 6.84 as of Jul. 21, 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 nVent Electric (NVT) Overvalued in 2026?
Based on GuruFocus' analysis, nVent Electric stock appears to be overvalued.
The current stock price of $160.52 is trading 37.3% above its estimated GF Value™ of $116.89.
GuruFocus considers nVent Electric to be Significantly Overvalued.
Key valuation signals for NVT:
PB Ratio: 6.84 (199% above median its 10-year median of 2.29)
GF Value™: $116.89 vs. price of $160.52 (37.3% above fair value)
Industry Position: 225.7% above the Industrial Products median (#2613 of 2979)
No single metric tells the full story. See the NVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NVent is a leading global provider of electrical connection and protection solutions that touch a broad range of end markets, including infrastructure, industrial, commercial, and residential. NVent designs, manufactures, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. North America accounts for the majority of sales.
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