NuScale PowerSMR -3.84%64 PB Ratio is 2.71 as of Jul. 04, 2026, which is 39% below its 10-year median of 4.47. GuruFocus rates SMR with a GF Score™ of 64/100 and a GF Value™ of $5.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,981 Industrial Products companies, NuScale Power ranks worse than 56.96% 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 (2026-07-04), NuScale Power's share price is $9.76. NuScale Power's Book Value per Share for the quarter that ended in Mar. 2026 was $3.60. Hence, NuScale Power's PB Ratio of today is 2.71.
Good Sign:
NuScale Power Corp stock PB Ratio (=2.71) is close to 1-year low of 2.56.
The historical rank and industry rank for NuScale Power's PB Ratio or its related term are showing as below:
SMR'
s PB Ratio Range Over the Past 10 Years
Min: 1.51 Med: 4.47 Max: 18.48
Current: 2.71
During the past 7 years, NuScale Power's highest PB Ratio was 18.48. The lowest was 1.51. And the median was 4.47.
SMR's PB Ratio is ranked worse than 56.96% of 2981
companies
in the Industrial Products industry
Industry Median: 2.33
vs SMR: 2.71
During the past 12 months, NuScale Power's average Book Value Per Share Growth Rate was -31.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of NuScale Power was 68.80% per year. The lowest was -5.00% per year. And the median was 47.60% 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.
NuScale Power PB Ratio Related Terms
NuScale Power PB Ratio Historical Data
* Premium members only.
The historical data trend for NuScale Power'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 Specialty Industrial Machinery subindustry, NuScale Power'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.
NuScale Power PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NuScale Power's PB Ratio distribution charts can be found below:
* The bar in red indicates where NuScale Power'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.
NuScale Power'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.
NuScale Power (SMR) has a PB Ratio of 2.71 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NuScale Power and its competitors. This is 39% below median its historical median of 4.47. Over the past decade, NuScale Power's PB Ratio has ranged from 1.51 to 18.48. According to the industry distribution chart, NuScale Power ranks #1698 out of 2981 companies in the Industrial Products industry, placing it in the top 57%.
Is NuScale Power's PB Ratio too high?
NuScale Power's current PB Ratio of 2.71 is 39% below median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 18.48. The Industrial Products industry median PB Ratio is 2.33. NuScale Power's value of 2.71 is 16.3% above this industry median. Based on the distribution chart, NuScale Power ranks #1698 out of 2981 companies in the Industrial Products industry, which is below the industry midpoint. Overall, NuScale Power has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NuScale Power's PB Ratio compare to KAI and HLIO?
According to the Industrial Products industry distribution chart, NuScale Power ranks #1698 out of 2981 companies for PB Ratio. This places NuScale Power in the lower half of its industry. The industry median PB Ratio is 2.33. NuScale Power's value of 2.71 is 16.3% above this benchmark. Historically, NuScale Power's own PB Ratio has ranged from 1.51 to 18.48 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 2.33, NuScale Power 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 2.33, based on 2,981 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. NuScale Power's current PB Ratio of 2.71 is 16.3% 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 NuScale Power and its competitors. For the Industrial Products industry, the median PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuScale Power's current PB Ratio is 2.71, which is 39% below median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuScale Power stock overvalued right now?
Based on GuruFocus' analysis, NuScale Power (SMR) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.14, compared to a current price of $9.76 — trading 89.9% above its estimated fair value. The current PB Ratio is 2.71, which is 39% below median its 10-year median of 4.47 and 16.3% above the Industrial Products industry median of 2.33. NuScale Power's overall GF Score™ is 64/100 with 4 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 NuScale Power (SMR), the current PB Ratio is 2.71 as of Jul. 04, 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 NuScale Power (SMR) Overvalued in 2026?
Based on GuruFocus' analysis, NuScale Power stock appears to be overvalued.
The current stock price of $9.76 is trading 89.9% above its estimated GF Value™ of $5.14.
GuruFocus considers NuScale Power to be Significantly Overvalued.
Key valuation signals for SMR:
PB Ratio: 2.71 (39% below median its 10-year median of 4.47)
GF Value™: $5.14 vs. price of $9.76 (89.9% above fair value)
Industry Position: 16.3% above the Industrial Products median (#1698 of 2981)
No single metric tells the full story. See the SMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NuScale Power Corp is redefining nuclear power through the development of proprietary and inventive SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company's core technology, the Light Water Nuclear Reactor NuScale Power Module (NPM), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features. Its products are VOYGR Plants and E2 Centers.
64GF Score
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