Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) PB Ratio: 1.75 (As of Jun. 25, 2026) — Near Median


BSP:CEEB3 Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
76 GF Score
Price R$45.71
GF Value R$46.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Companhia de Eletricidade do Estado da Bahia – Coelba PB Ratio?

Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3 +1.33% 76 PB Ratio is 1.75 as of Jun. 25, 2026, which is 7% below its 10-year median of 1.88. GuruFocus rates BSP:CEEB3 with a GF Score™ of 76/100 and a GF Value™ of R$46.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 502 Utilities - Regulated companies, Companhia de Eletricidade do Estado da Bahia – Coelba ranks worse than 62.15% 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 (2026-06-25), Companhia de Eletricidade do Estado da Bahia – Coelba's share price is R$45.71. Companhia de Eletricidade do Estado da Bahia – Coelba's Book Value per Share for the quarter that ended in Mar. 2026 was R$26.16. Hence, Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio of today is 1.75.

Warning Sign:

Companhia de Eletricidade do Estado da Bahia – Coelba stock PB Ratio (=1.75) is close to 1-year high of 1.91.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio or its related term are showing as below:

BSP:CEEB3' s PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.88   Max: 2.91
Current: 1.74

During the past 13 years, Companhia de Eletricidade do Estado da Bahia – Coelba's highest PB Ratio was 2.91. The lowest was 1.26. And the median was 1.88.

BSP:CEEB3's PB Ratio is ranked worse than
62.15% of 502 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs BSP:CEEB3: 1.74

During the past 12 months, Companhia de Eletricidade do Estado da Bahia – Coelba's average Book Value Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Companhia de Eletricidade do Estado da Bahia – Coelba was 16.60% per year. The lowest was -4.20% per year. And the median was 5.50% per year.

Back to Basics: PB Ratio


Companhia de Eletricidade do Estado da Bahia – Coelba  (BSP:CEEB3) 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.


Companhia de Eletricidade do Estado da Bahia – Coelba PB Ratio Related Terms


Companhia de Eletricidade do Estado da Bahia – Coelba PB Ratio Historical Data

* Premium members only.

The historical data trend for Companhia de Eletricidade do Estado da Bahia – Coelba'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.

Companhia de Eletricidade do Estado da Bahia – Coelba PB Ratio Chart

Companhia de Eletricidade do Estado da Bahia – Coelba 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 1.78 2.23 2.06 1.64 1.81

Companhia de Eletricidade do Estado da Bahia – Coelba 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 1.53 1.33 1.34 1.81 1.84

BSP:CEEB3 vs NEE, SO, DUK: PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba'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.


Companhia de Eletricidade do Estado da Bahia – Coelba PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio falls into.


BSP:CEEB3
76GF Score
Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia de Eletricidade do Estado da Bahia – Coelba 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.

Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=45.71/26.155
=1.75

* 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 1.75 mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a PB Ratio of 1.75 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. This is near median its historical median of 1.88. Over the past decade, Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio has ranged from 1.26 to 2.91. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #312 out of 502 companies in the Utilities - Regulated industry, placing it in the top 62.2%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current PB Ratio of 1.75 is near median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 2.91. The Utilities - Regulated industry median PB Ratio is 1.43. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 1.75 is 22.4% above this industry median. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #312 out of 502 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #312 out of 502 companies for PB Ratio. This places Companhia de Eletricidade do Estado da Bahia – Coelba in the lower half of its industry. The industry median PB Ratio is 1.43. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 1.75 is 22.4% above this benchmark. Historically, Companhia de Eletricidade do Estado da Bahia – Coelba's own PB Ratio has ranged from 1.26 to 2.91 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.43, Companhia de Eletricidade do Estado da Bahia – Coelba 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 1.43, based on 502 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. Companhia de Eletricidade do Estado da Bahia – Coelba's current PB Ratio of 1.75 is 22.4% 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 Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia de Eletricidade do Estado da Bahia – Coelba's current PB Ratio is 1.75, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.33, compared to a current price of R$45.71 — trading 1.3% below its estimated fair value. The current PB Ratio is 1.75, which is near median its 10-year median of 1.88 and 22.4% above the Utilities - Regulated industry median of 1.43. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 76/100 with 6 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current PB Ratio is 1.75 as of Jun. 25, 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be undervalued. The current stock price of R$45.71 is trading 1.3% below its estimated GF Value™ of R$46.33. GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.

Key valuation signals for BSP:CEEB3:

  • PB Ratio: 1.75 (near median its 10-year median of 1.88)
  • GF Value™: R$46.33 vs. price of R$45.71 (1.3% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 22.4% above the Utilities - Regulated median (#312 of 502)

No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia de Eletricidade do Estado da Bahia – Coelba Business Description

Other Exchanges CEEB5:Brazil
Address Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.
76GF Score

Get the complete analysis for BSP:CEEB3

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

R$45.71
Price
R$46.33
GF Value