CEZZY (CEZ AS) PB Ratio: 1.09 (As of Jul. 03, 2026) — 27% Below Median


CEZZY CEZ AS CEZZY
95 GF Score
Price $23.90
GF Value $21.65
! 7 Warning Signs
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What is CEZ AS PB Ratio?

CEZ AS CEZZY 95 PB Ratio is 1.09 as of Jul. 03, 2026, which is 27% below its 10-year median of 1.50. GuruFocus rates CEZZY with a GF Score™ of 95/100 and a GF Value™ of $21.65. The stock has 7 warning signs investors should review. Among 501 Utilities - Regulated companies, CEZ AS ranks worse than 82.24% 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 (2026-07-03), CEZ AS's share price is $23.8998. CEZ AS's Book Value per Share for the quarter that ended in Mar. 2026 was $21.98. Hence, CEZ AS's PB Ratio of today is 1.09.

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

CEZZY' s PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.5   Max: 5.65
Current: 2.65

During the past 13 years, CEZ AS's highest PB Ratio was 5.65. The lowest was 0.80. And the median was 1.50.

CEZZY's PB Ratio is ranked worse than
82.24% of 501 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs CEZZY: 2.65

During the past 12 months, CEZ AS's average Book Value Per Share Growth Rate was -2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.30% 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 -1.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CEZ AS was 14.00% per year. The lowest was -11.90% per year. And the median was 1.80% per year.

Back to Basics: PB Ratio


CEZ AS  (OTCPK:CEZZY) 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.


CEZ AS PB Ratio Related Terms


CEZ AS PB Ratio Historical Data

* Premium members only.

The historical data trend for CEZ AS'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.

CEZ AS PB Ratio Chart

CEZ AS 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 1.14 1.18 1.29 1.10

CEZ AS 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 1.16 1.19 1.13 1.10 1.09

CEZZY vs NEE, SO, DUK: PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, CEZ AS'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.


CEZ AS PB Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where CEZ AS's PB Ratio falls into.


CEZZY
95GF Score
CEZ AS CEZZY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CEZ AS 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.

CEZ AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=23.8998/21.976
=1.09

* 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 1.09 mean?
CEZ AS (CEZZY) has a PB Ratio of 1.09 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CEZ AS and its competitors. This is 27% below median its historical median of 1.50. Over the past decade, CEZ AS's PB Ratio has ranged from 0.80 to 5.65. According to the industry distribution chart, CEZ AS ranks #412 out of 501 companies in the Utilities - Regulated industry, placing it in the top 82.2%.
Is CEZ AS's PB Ratio too high?
CEZ AS's current PB Ratio of 1.09 is 27% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 5.65. The Utilities - Regulated industry median PB Ratio is 1.43. CEZ AS's value of 1.09 is 23.8% below this industry median. Based on the distribution chart, CEZ AS ranks #412 out of 501 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, CEZ AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #412 out of 501 companies for PB Ratio. This places CEZ AS in the lower half of its industry. The industry median PB Ratio is 1.43. CEZ AS's value of 1.09 is 23.8% below this benchmark. Historically, CEZ AS's own PB Ratio has ranged from 0.80 to 5.65 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.43, CEZ AS 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 - 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. CEZ AS's current PB Ratio of 1.09 is 23.8% 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 CEZ AS 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. CEZ AS's current PB Ratio is 1.09, which is 27% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
CEZ AS (CEZZY) has a current PB Ratio of 1.09. The stock's GF Value™ is $21.65, compared to a current price of $23.90 — trading 10.4% above its estimated fair value. The current PB Ratio is 1.09, which is 27% below median its 10-year median of 1.50 and 23.8% below the Utilities - Regulated industry median of 1.43. CEZ AS's overall GF Score™ is 95/100 with 7 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 CEZ AS (CEZZY), the current PB Ratio is 1.09 as of Jul. 03, 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 CEZ AS (CEZZY) Overvalued in 2026?

Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued. The current stock price of $23.90 is trading 10.4% above its estimated GF Value™ of $21.65.

Key valuation signals for CEZZY:

  • PB Ratio: 1.09 (27% below median its 10-year median of 1.50)
  • GF Value™: $21.65 vs. price of $23.90 (10.4% above fair value)
  • GF Score™: 95/100 with 7 warning signs
  • Industry Position: 23.8% below the Utilities - Regulated median (#412 of 501)

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


CEZ AS Business Description

Address Duhova 2/1444, Praha 4, Prague, CZE, 140 53
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
95GF Score

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

$23.90
Price
$21.65
GF Value