Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Sanima Mai HydropowerXNEP:SHPC 75 PB Ratio is 3.67 as of Jul. 18, 2026, which is 33% above its 10-year median of 2.76. GuruFocus rates XNEP:SHPC with a GF Score™ of 75/100 and a GF Value™ of NPR280.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Sanima Mai Hydropower ranks worse than 81.86% on this metric.
During the past 12 months, Sanima Mai Hydropower's average Book Value Per Share Growth Rate was -23.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.90% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Sanima Mai Hydropower was 32.10% per year. The lowest was 8.50% per year. And the median was 17.95% per year.
Back to Basics: PB Ratio
Sanima Mai Hydropower (XNEP:SHPC) 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.
* 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.
Sanima Mai Hydropower PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Sanima Mai Hydropower'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.
Sanima Mai Hydropower PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sanima Mai Hydropower's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sanima Mai Hydropower'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.
Sanima Mai Hydropower (XNEP:SHPC) has a PB Ratio of 3.67 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sanima Mai Hydropower and its competitors. This is 33% above median its historical median of 2.76. Over the past decade, Sanima Mai Hydropower's PB Ratio has ranged from 1.36 to 11.05. According to the industry distribution chart, Sanima Mai Hydropower ranks #352 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.9%.
Is Sanima Mai Hydropower's PB Ratio too high?
Sanima Mai Hydropower's current PB Ratio of 3.67 is 33% above median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 11.05. The Utilities - Independent Power Producers industry median PB Ratio is 1.29. Sanima Mai Hydropower's value of 3.67 is 185.6% above this industry median. Based on the distribution chart, Sanima Mai Hydropower ranks #352 out of 430 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Sanima Mai Hydropower has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanima Mai Hydropower's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Sanima Mai Hydropower ranks #352 out of 430 companies for PB Ratio. This places Sanima Mai Hydropower in the lower half of its industry. The industry median PB Ratio is 1.29. Sanima Mai Hydropower's value of 3.67 is 185.6% above this benchmark. Historically, Sanima Mai Hydropower's own PB Ratio has ranged from 1.36 to 11.05 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 1.29, Sanima Mai Hydropower 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 1.29, based on 430 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. Sanima Mai Hydropower's current PB Ratio of 3.67 is 185.6% 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 Sanima Mai Hydropower and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanima Mai Hydropower's current PB Ratio is 3.67, which is 33% above median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanima Mai Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Sanima Mai Hydropower (XNEP:SHPC) is currently considered Significantly Overvalued. The stock's GF Value™ is NPR280.17, compared to a current price of NPR490.00 — trading 74.9% above its estimated fair value. The current PB Ratio is 3.67, which is 33% above median its 10-year median of 2.76 and 185.6% above the Utilities - Independent Power Producers industry median of 1.29. Sanima Mai Hydropower's overall GF Score™ is 75/100 with 7 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 Sanima Mai Hydropower (XNEP:SHPC), the current PB Ratio is 3.67 as of Jul. 18, 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 Sanima Mai Hydropower (XNEP:SHPC) Overvalued in 2026?
Based on GuruFocus' analysis, Sanima Mai Hydropower stock appears to be overvalued.
The current stock price of NPR490.00 is trading 74.9% above its estimated GF Value™ of NPR280.17.
GuruFocus considers Sanima Mai Hydropower to be Significantly Overvalued.
Key valuation signals for XNEP:SHPC:
PB Ratio: 3.67 (33% above median its 10-year median of 2.76)
GF Value™: NPR280.17 vs. price of NPR490.00 (74.9% above fair value)
Industry Position: 185.6% above the Utilities - Independent Power Producers median (#352 of 430)
No single metric tells the full story. See the XNEP:SHPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanima Mai Hydropower Ltd is a hydropower company. Its activity is to generate and sell hydroelectricity to the Nepal Electricity Authority. The company's operating segment include Mai Hydropower Plant and Mai Cascade Hydropower Plant. It generates maximum revenue from the Mai Hydropower Plant segment. The Mai Hydropower Project is a run-of-the-river hydropower plant with an installed capacity of 22MW.
75GF Score
Get the complete analysis for XNEP:SHPC
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XNEP:SHPC has been successfully added to your 
