Hera SpA (CHIX:HERM) PB Ratio: 1.26 (As of Jun. 26, 2026) — 17% Below Median


CHIX:HERM Hera SpA CHIX:HERM
79 GF Score
Price €3.62
GF Value €3.28
Valuation Fairly Valued
! 5 Warning Signs
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What is Hera SpA PB Ratio?

Hera SpA CHIX:HERM 79 PB Ratio is 1.26 as of Jun. 26, 2026, which is 17% below its 10-year median of 1.52. GuruFocus rates CHIX:HERM with a GF Score™ of 79/100 and a GF Value™ of €3.28 (Fairly Valued). The stock has 5 warning signs investors should review. Among 502 Utilities - Regulated companies, Hera SpA ranks better than 54.18% 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), Hera SpA's share price is €3.623. Hera SpA's Book Value per Share for the quarter that ended in Mar. 2026 was €2.88. Hence, Hera SpA's PB Ratio of today is 1.26.

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

CHIX:HERm' s PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.52   Max: 2.32
Current: 1.26

During the past 13 years, Hera SpA's highest PB Ratio was 2.32. The lowest was 1.01. And the median was 1.52.

CHIX:HERm's PB Ratio is ranked better than
54.18% of 502 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs CHIX:HERm: 1.26

During the past 12 months, Hera SpA's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hera SpA was 21.10% per year. The lowest was -0.40% per year. And the median was 4.30% per year.

Back to Basics: PB Ratio


Hera SpA  (CHIX:HERm) 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.


Hera SpA PB Ratio Related Terms


Hera SpA PB Ratio Historical Data

* Premium members only.

The historical data trend for Hera SpA'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.

Hera SpA PB Ratio Chart

Hera SpA 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 1.67 1.09 1.26 1.32 1.46

Hera SpA 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 1.49 1.57 1.42 1.46 1.41

CHIX:HERM vs SRE: PB Ratio Comparison

For the Utilities - Diversified subindustry, Hera SpA'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.


Hera SpA PB Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where Hera SpA's PB Ratio falls into.


CHIX:HERM
79GF Score
Hera SpA CHIX:HERM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hera SpA 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.

Hera SpA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.623/2.875
=1.26

* 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 1.26 mean?
Hera SpA (CHIX:HERM) has a PB Ratio of 1.26 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 Hera SpA and its competitors. This is 17% below median its historical median of 1.52. Over the past decade, Hera SpA's PB Ratio has ranged from 1.01 to 2.32. According to the industry distribution chart, Hera SpA ranks #230 out of 502 companies in the Utilities - Regulated industry, placing it in the top 45.8%.
Is Hera SpA's PB Ratio too high?
Hera SpA's current PB Ratio of 1.26 is 17% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.32. The Utilities - Regulated industry median PB Ratio is 1.42. Hera SpA's value of 1.26 is 11.3% below this industry median. Based on the distribution chart, Hera SpA ranks #230 out of 502 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hera SpA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hera SpA's PB Ratio compare to SRE?
According to the Utilities - Regulated industry distribution chart, Hera SpA ranks #230 out of 502 companies for PB Ratio. This puts Hera SpA in the upper half of its industry. The industry median PB Ratio is 1.42. Hera SpA's value of 1.26 is 11.3% below this benchmark. Historically, Hera SpA's own PB Ratio has ranged from 1.01 to 2.32 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.42, Hera SpA 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 1.42, 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. Hera SpA's current PB Ratio of 1.26 is 11.3% 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 Hera SpA 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. Hera SpA's current PB Ratio is 1.26, which is 17% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hera SpA stock overvalued right now?
Based on GuruFocus' analysis, Hera SpA (CHIX:HERM) is currently considered Fairly Valued. The stock's GF Value™ is €3.28, compared to a current price of €3.62 — trading 10.5% above its estimated fair value. The current PB Ratio is 1.26, which is 17% below median its 10-year median of 1.52 and 11.3% below the Utilities - Regulated industry median of 1.42. Hera SpA's overall GF Score™ is 79/100 with 5 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 Hera SpA (CHIX:HERM), the current PB Ratio is 1.26 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 Hera SpA (CHIX:HERM) Overvalued in 2026?

Based on GuruFocus' analysis, Hera SpA stock appears to be overvalued. The current stock price of €3.62 is trading 10.5% above its estimated GF Value™ of €3.28. GuruFocus considers Hera SpA to be Fairly Valued.

Key valuation signals for CHIX:HERM:

  • PB Ratio: 1.26 (17% below median its 10-year median of 1.52)
  • GF Value™: €3.28 vs. price of €3.62 (10.5% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 11.3% below the Utilities - Regulated median (#230 of 502)

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


Hera SpA Business Description

Address Viale C. Berti Pichat 2/4, Bologna, ITA, 40127
Hera SpA is an Italian coalescence of municipally owned companies that manages the supply of energy, water and environmental services, as well as public lighting and telecommunications to citizens and businesses. The company operates mainly in Italy in the waste management (waste management and treatment), water (aqueduct, sewerage and purification) and energy (distribution and sale of electricity, gas and energy services) sectors; it also offers services for public lighting and telecommunications.
79GF Score

Get the complete analysis for CHIX:HERM

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

€3.62
Price
€3.28
GF Value