Renova EnergiaBSP:RNEW3 -3.19%51 PB Ratio is 0.29 as of Jun. 26, 2026, which is 33% below its 10-year median of 0.43. GuruFocus rates BSP:RNEW3 with a GF Score™ of 51/100 and a GF Value™ of R$1.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Renova Energia ranks better than 93.02% 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 (2026-06-26), Renova Energia's share price is R$0.91. Renova Energia's Book Value per Share for the quarter that ended in Mar. 2026 was R$3.09. Hence, Renova Energia's PB Ratio of today is 0.29.
The historical rank and industry rank for Renova Energia's PB Ratio or its related term are showing as below:
BSP:RNEW3'
s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.43 Max: 3.95
Current: 0.3
During the past 13 years, Renova Energia's highest PB Ratio was 3.95. The lowest was 0.15. And the median was 0.43.
During the past 12 months, Renova Energia's average Book Value Per Share Growth Rate was -49.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -24.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Renova Energia was 322.70% per year. The lowest was -38.10% per year. And the median was 23.85% 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.
Renova Energia PB Ratio Related Terms
Renova Energia PB Ratio Historical Data
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The historical data trend for Renova Energia'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 Utilities - Renewable subindustry, Renova 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.
Renova Energia PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's PB Ratio distribution charts can be found below:
* The bar in red indicates where Renova Energia'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.
Renova Energia'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.
Renova Energia (BSP:RNEW3) has a PB Ratio of 0.29 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Renova Energia and its competitors. This is 33% below median its historical median of 0.43. Over the past decade, Renova Energia's PB Ratio has ranged from 0.15 to 3.95. According to the industry distribution chart, Renova Energia ranks #30 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 7%.
Is Renova Energia's PB Ratio too high?
Renova Energia's current PB Ratio of 0.29 is 33% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 3.95. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Renova Energia's value of 0.29 is 78.6% below this industry median. Based on the distribution chart, Renova Energia ranks #30 out of 430 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Renova Energia has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Renova Energia ranks #30 out of 430 companies for PB Ratio. This places Renova Energia in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. Renova Energia's value of 0.29 is 78.6% below this benchmark. Historically, Renova Energia's own PB Ratio has ranged from 0.15 to 3.95 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.36, Renova Energia has consistently been below 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 1.36, 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. Renova Energia's current PB Ratio of 0.29 is 78.6% below 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 Renova Energia and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renova Energia's current PB Ratio is 0.29, which is 33% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renova Energia stock overvalued right now?
Based on GuruFocus' analysis, Renova Energia (BSP:RNEW3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$1.28, compared to a current price of R$0.91 — trading 28.9% below its estimated fair value. The current PB Ratio is 0.29, which is 33% below median its 10-year median of 0.43 and 78.6% below the Utilities - Independent Power Producers industry median of 1.36. Renova Energia's overall GF Score™ is 51/100 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 Renova Energia (BSP:RNEW3), the current PB Ratio is 0.29 as of Jun. 26, 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 Renova Energia (BSP:RNEW3) Overvalued in 2026?
Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued.
The current stock price of R$0.91 is trading 28.9% below its estimated GF Value™ of R$1.28.
GuruFocus considers Renova Energia to be Modestly Undervalued.
Key valuation signals for BSP:RNEW3:
PB Ratio: 0.29 (33% below median its 10-year median of 0.43)
GF Value™: R$1.28 vs. price of R$0.91 (28.9% below fair value)
Industry Position: 78.6% below the Utilities - Independent Power Producers median (#30 of 430)
No single metric tells the full story. See the BSP:RNEW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renova Energia SA is a Brazilian energy company engaged in the development, implementation, and operation of power generation projects from renewable sources - wind and solar, and trading of energy and related activities. The company is generating and trading electric power in all its forms, producing fuel from natural and renewable sources, providing logistics services to environmental advisory firms, and providing advisory services for energy solutions related to the generation, trading, transmission, and other businesses. The company has operating segments, namely: Wind, Solar, Trading, and Administrative. It derives maximum revenue from the Trading segment, which is engaged in energy trading in all its forms and management of the Company's energy purchase and sale contracts.
51GF Score
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