CadizCDZI +1.92%62 PB Ratio is 20.00 as of Jun. 28, 2026, which is 269% above its 10-year median of 5.42. GuruFocus rates CDZI with a GF Score™ of 62/100 and a GF Value™ of $11.99 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 504 Utilities - Regulated companies, Cadiz ranks worse than 99.6% 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 (2026-06-28), Cadiz's share price is $3.72. Cadiz's Book Value per Share for the quarter that ended in Mar. 2026 was $0.19. Hence, Cadiz's PB Ratio of today is 20.00.
The historical rank and industry rank for Cadiz's PB Ratio or its related term are showing as below:
CDZI'
s PB Ratio Range Over the Past 10 Years
Min: 1.88 Med: 5.42 Max: 26.67
Current: 20
During the past 13 years, Cadiz's highest PB Ratio was 26.67. The lowest was 1.88. And the median was 5.42.
CDZI's PB Ratio is ranked worse than 99.6% of 504
companies
in the Utilities - Regulated industry
Industry Median: 1.415
vs CDZI: 20.00
During the past 12 months, Cadiz's average Book Value Per Share Growth Rate was -65.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -23.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cadiz was 41.50% per year. The lowest was -64.80% per year. And the median was -14.95% 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.
Cadiz PB Ratio Related Terms
Cadiz PB Ratio Historical Data
* Premium members only.
The historical data trend for Cadiz'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 - Regulated Water subindustry, Cadiz'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.
Cadiz PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cadiz's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cadiz'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.
Cadiz'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.
Cadiz (CDZI) has a PB Ratio of 20.00 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cadiz and its competitors. This is 269% above median its historical median of 5.42. Over the past decade, Cadiz's PB Ratio has ranged from 1.88 to 26.67. According to the industry distribution chart, Cadiz ranks #502 out of 504 companies in the Utilities - Regulated industry, placing it in the top 99.6%.
Is Cadiz's PB Ratio too high?
Cadiz's current PB Ratio of 20.00 is 269% above median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 26.67. The Utilities - Regulated industry median PB Ratio is 1.42. Cadiz's value of 20.00 is 1313.4% above this industry median. Based on the distribution chart, Cadiz ranks #502 out of 504 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Cadiz has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cadiz's PB Ratio compare to ARTNA and PCYO?
According to the Utilities - Regulated industry distribution chart, Cadiz ranks #502 out of 504 companies for PB Ratio. This places Cadiz in the lower half of its industry. The industry median PB Ratio is 1.42. Cadiz's value of 20.00 is 1313.4% above this benchmark. Historically, Cadiz's own PB Ratio has ranged from 1.88 to 26.67 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 1.42, Cadiz 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. Cadiz's current PB Ratio of 20.00 is 1313.4% 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 Cadiz 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. Cadiz's current PB Ratio is 20.00, which is 269% above median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadiz stock overvalued right now?
Based on GuruFocus' analysis, Cadiz (CDZI) is currently considered Possible Value Trap. The stock's GF Value™ is $11.99, compared to a current price of $3.72 — trading 69% below its estimated fair value. The current PB Ratio is 20.00, which is 269% above median its 10-year median of 5.42 and 1313.4% above the Utilities - Regulated industry median of 1.42. Cadiz's overall GF Score™ is 62/100 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 Cadiz (CDZI), the current PB Ratio is 20.00 as of Jun. 28, 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 Cadiz (CDZI) Overvalued in 2026?
Based on GuruFocus' analysis, Cadiz stock appears to be undervalued.
The current stock price of $3.72 is trading 69% below its estimated GF Value™ of $11.99.
GuruFocus considers Cadiz to be Possible Value Trap.
Key valuation signals for CDZI:
PB Ratio: 20.00 (269% above median its 10-year median of 5.42)
GF Value™: $11.99 vs. price of $3.72 (69% below fair value)
Industry Position: 1313.4% above the Utilities - Regulated median (#502 of 504)
No single metric tells the full story. See the CDZI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cadiz Inc is a water solutions provider, dedicated to delivering clean, reliable, and affordable water for people. It provides water solutions with a combination of land, water, pipeline, and water filtration assets located in Southern California between key water systems serving population centers in the Southwestern United States. The company operates in two reportable segments; Land and Water Resources segment, comprises all activities regarding its properties in the eastern Mojave Desert, pre-revenue development of the Mojave Groundwater Bank (supply, storage, and conveyance), and agricultural operations; and the Water Filtration Technology segment, generating maximum revenue engaged in providing water filtration solutions for impaired or contaminated groundwater sources.
62GF Score
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