Enel SpA (XSWX:ENEL) PB Ratio: 2.78 (As of Jun. 29, 2026) — 43% Above Median


XSWX:ENEL Enel SpA XSWX:ENEL
56 GF Score
Price CHF9.03
GF Value CHF5.90
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Enel SpA PB Ratio?

Enel SpA XSWX:ENEL 56 PB Ratio is 2.78 as of Jun. 29, 2026, which is 43% above its 10-year median of 1.95. GuruFocus rates XSWX:ENEL with a GF Score™ of 56/100 and a GF Value™ of CHF5.90 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 504 Utilities - Regulated companies, Enel SpA ranks worse than 84.72% 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 (2026-06-29), Enel SpA's share price is CHF9.034. Enel SpA's Book Value per Share for the quarter that ended in Mar. 2026 was CHF3.25. Hence, Enel SpA's PB Ratio of today is 2.78.

The historical rank and industry rank for Enel SpA's PB Ratio or its related term are showing as below:

XSWX:ENEL' s PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.95   Max: 3.21
Current: 2.83

During the past 13 years, Enel SpA's highest PB Ratio was 3.21. The lowest was 0.97. And the median was 1.95.

XSWX:ENEL's PB Ratio is ranked worse than
84.72% of 504 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs XSWX:ENEL: 2.83

During the past 12 months, Enel SpA's average Book Value Per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Enel SpA was 14.00% per year. The lowest was -6.90% per year. And the median was 0.70% per year.

Back to Basics: PB Ratio


Enel SpA  (XSWX:ENEL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Enel SpA PB Ratio Related Terms


Enel SpA PB Ratio Historical Data

* Premium members only.

The historical data trend for Enel SpA'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.

Enel SpA PB Ratio Chart

Enel SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 2.24 2.11 2.01 2.09

Enel SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.78 1.96 1.90 2.09 1.92

XSWX:ENEL vs SRE: PB Ratio Comparison

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enel SpA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Enel SpA's PB Ratio falls into.


XSWX:ENEL
56GF Score
Enel SpA XSWX:ENEL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enel SpA PB Ratio Calculation

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.

Enel SpA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.034/3.246
=2.78

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.78 mean?
Enel SpA (XSWX:ENEL) has a PB Ratio of 2.78 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Enel SpA and its competitors. This is 43% above median its historical median of 1.95. Over the past decade, Enel SpA's PB Ratio has ranged from 0.97 to 3.21. According to the industry distribution chart, Enel SpA ranks #427 out of 504 companies in the Utilities - Regulated industry, placing it in the top 84.7%.
Is Enel SpA's PB Ratio too high?
Enel SpA's current PB Ratio of 2.78 is 43% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 3.21. The Utilities - Regulated industry median PB Ratio is 1.42. Enel SpA's value of 2.78 is 95.8% above this industry median. Based on the distribution chart, Enel SpA ranks #427 out of 504 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Enel SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enel SpA's PB Ratio compare to SRE?
According to the Utilities - Regulated industry distribution chart, Enel SpA ranks #427 out of 504 companies for PB Ratio. This places Enel SpA in the lower half of its industry. The industry median PB Ratio is 1.42. Enel SpA's value of 2.78 is 95.8% above this benchmark. Historically, Enel SpA's own PB Ratio has ranged from 0.97 to 3.21 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 1.42, Enel SpA 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 - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.42, based on 504 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. Enel SpA's current PB Ratio of 2.78 is 95.8% 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 Enel SpA and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enel SpA's current PB Ratio is 2.78, which is 43% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enel SpA stock overvalued right now?
Based on GuruFocus' analysis, Enel SpA (XSWX:ENEL) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF5.90, compared to a current price of CHF9.03 — trading 53.1% above its estimated fair value. The current PB Ratio is 2.78, which is 43% above median its 10-year median of 1.95 and 95.8% above the Utilities - Regulated industry median of 1.42. Enel SpA's overall GF Score™ is 56/100 with 10 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 Enel SpA (XSWX:ENEL), the current PB Ratio is 2.78 as of Jun. 29, 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 Enel SpA (XSWX:ENEL) Overvalued in 2026?

Based on GuruFocus' analysis, Enel SpA stock appears to be overvalued. The current stock price of CHF9.03 is trading 53.1% above its estimated GF Value™ of CHF5.90. GuruFocus considers Enel SpA to be Significantly Overvalued.

Key valuation signals for XSWX:ENEL:

  • PB Ratio: 2.78 (43% above median its 10-year median of 1.95)
  • GF Value™: CHF5.90 vs. price of CHF9.03 (53.1% above fair value)
  • GF Score™: 56/100 with 10 warning signs
  • Industry Position: 95.8% above the Utilities - Regulated median (#427 of 504)

No single metric tells the full story. See the XSWX:ENEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enel SpA Business Description

Address Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 35% of the company's EBITDA is derived from its regulated networks, the rest is from generation and supply. Enel is a giant in global power generation with 81 gigawatts of capacity, of which 56 GW is renewables, including a large share of hydro.
56GF Score

Get the complete analysis for XSWX:ENEL

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF9.03
Price
CHF5.90
GF Value