BSP:EMAE3's PB Ratio is ranked worse than 74.85% of 501
companies
in the Utilities - Regulated industry
Industry Median: 1.43
vs BSP:EMAE3: 2.29
During the past 12 months, Empresa Metropolitana de Aguas & Energia's average Book Value Per Share Growth Rate was -49.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -19.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.70% 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 Empresa Metropolitana de Aguas & Energia was 11.10% per year. The lowest was -19.10% per year. And the median was -1.20% per year.
Back to Basics: PB Ratio
Empresa Metropolitana de Aguas & Energia (BSP:EMAE3) 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.
Empresa Metropolitana de Aguas & Energia PB Ratio Related Terms
Empresa Metropolitana de Aguas & Energia PB Ratio Historical Data
* 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.
Empresa Metropolitana de Aguas & Energia PB Ratio Chart
Empresa Metropolitana de Aguas & Energia Annual Data
For the Utilities - Diversified subindustry, Empresa Metropolitana de Aguas & Energia'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.
Empresa Metropolitana de Aguas & Energia PB Ratio vs Utilities - Regulated Industry
Empresa Metropolitana de Aguas & Energia 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.
* 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.
Empresa Metropolitana de Aguas & Energia (BSP:EMAE3) has a PB Ratio of 8.93 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 Empresa Metropolitana de Aguas & Energia and its competitors. This is 592% above median its historical median of 1.29. Over the past decade, Empresa Metropolitana de Aguas & Energia's PB Ratio has ranged from 0.24 to 4.70. According to the industry distribution chart, Empresa Metropolitana de Aguas & Energia ranks #375 out of 501 companies in the Utilities - Regulated industry, placing it in the top 74.9%.
Is Empresa Metropolitana de Aguas & Energia's PB Ratio too high?
Empresa Metropolitana de Aguas & Energia's current PB Ratio of 8.93 is 592% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 4.70. The Utilities - Regulated industry median PB Ratio is 1.43. Empresa Metropolitana de Aguas & Energia's value of 8.93 is 524.5% above this industry median. Based on the distribution chart, Empresa Metropolitana de Aguas & Energia ranks #375 out of 501 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Empresa Metropolitana de Aguas & Energia has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Empresa Metropolitana de Aguas & Energia's PB Ratio compare to SRE?
According to the Utilities - Regulated industry distribution chart, Empresa Metropolitana de Aguas & Energia ranks #375 out of 501 companies for PB Ratio. This places Empresa Metropolitana de Aguas & Energia in the lower half of its industry. The industry median PB Ratio is 1.43. Empresa Metropolitana de Aguas & Energia's value of 8.93 is 524.5% above this benchmark. Historically, Empresa Metropolitana de Aguas & Energia's own PB Ratio has ranged from 0.24 to 4.70 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.43, Empresa Metropolitana de Aguas & Energia 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 501 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. Empresa Metropolitana de Aguas & Energia's current PB Ratio of 8.93 is 524.5% 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 Empresa Metropolitana de Aguas & Energia 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. Empresa Metropolitana de Aguas & Energia's current PB Ratio is 8.93, which is 592% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Metropolitana de Aguas & Energia stock overvalued right now?
Empresa Metropolitana de Aguas & Energia (BSP:EMAE3) has a current PB Ratio of 8.93. The stock's GF Value™ is R$145.01, compared to a current price of R$150.00 — trading 3.4% above its estimated fair value. The current PB Ratio is 8.93, which is 592% above median its 10-year median of 1.29 and 524.5% above the Utilities - Regulated industry median of 1.43. Empresa Metropolitana de Aguas & Energia's overall GF Score™ is 63/100 with 3 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 Empresa Metropolitana de Aguas & Energia (BSP:EMAE3), the current PB Ratio is 8.93 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 Empresa Metropolitana de Aguas & Energia (BSP:EMAE3) Overvalued in 2026?
Based on GuruFocus' analysis, Empresa Metropolitana de Aguas & Energia stock appears to be overvalued.
The current stock price of R$150.00 is trading 3.4% above its estimated GF Value™ of R$145.01.
Key valuation signals for BSP:EMAE3:
PB Ratio: 8.93 (592% above median its 10-year median of 1.29)
GF Value™: R$145.01 vs. price of R$150.00 (3.4% above fair value)
Industry Position: 524.5% above the Utilities - Regulated median (#375 of 501)
No single metric tells the full story. See the BSP:EMAE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empresa Metropolitana de Aguas & Energia Business Description
Empresa Metropolitana de Aguas & Energia SA is engaged in electricity generation. The company manages a complex hydraulic system that includes dykes, dams, and reservoirs, with notable ones being Billings and Guarapiranga, located in the southern zone of Sao Paulo city, as well as the Sao Paulo and Pedreira pumping stations and the Pinheiros River canal. The company's activities include electricity supply, the construction of energy generation assets, and the provision of operation and maintenance services for power plants and related structures, serving both private companies and public sector entities.
63GF Score
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