Maxim Power (FRA:MP9) PB Ratio: 0.78 (As of Jun. 26, 2026) — Near Median


FRA:MP9 Maxim Power Corp FRA:MP9
45 GF Score
Price €2.58
GF Value €2.42
Valuation Fairly Valued
! 4 Warning Signs
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What is Maxim Power PB Ratio?

Maxim Power FRA:MP9 -0.77% 45 PB Ratio is 0.78 as of Jun. 26, 2026, which is 1% below its 10-year median of 0.79. GuruFocus rates FRA:MP9 with a GF Score™ of 45/100 and a GF Value™ of €2.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Maxim Power ranks better than 67.67% 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), Maxim Power's share price is €2.58. Maxim Power's Book Value per Share for the quarter that ended in Mar. 2026 was €3.30. Hence, Maxim Power's PB Ratio of today is 0.78.

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

FRA:MP9' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.79   Max: 1.28
Current: 0.82

During the past 13 years, Maxim Power's highest PB Ratio was 1.28. The lowest was 0.56. And the median was 0.79.

FRA:MP9's PB Ratio is ranked better than
67.67% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.355 vs FRA:MP9: 0.82

During the past 12 months, Maxim Power's average Book Value Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Maxim Power was 225.30% per year. The lowest was -23.20% per year. And the median was 8.25% per year.

Back to Basics: PB Ratio


Maxim Power  (FRA:MP9) 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.


Maxim Power PB Ratio Related Terms


Maxim Power PB Ratio Historical Data

* Premium members only.

The historical data trend for Maxim Power'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.

Maxim Power PB Ratio Chart

Maxim Power 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 0.00 0.00 0.74 1.17 0.83

Maxim Power 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 0.84 0.85 0.86 0.83 0.79

FRA:MP9 vs CEG, VST, NRG: PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Maxim Power'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.


Maxim Power PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Maxim Power's PB Ratio distribution charts can be found below:

* The bar in red indicates where Maxim Power's PB Ratio falls into.


FRA:MP9
45GF Score
Maxim Power Corp FRA:MP9
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maxim Power 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.

Maxim Power's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.58/3.303
=0.78

* 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 0.78 mean?
Maxim Power (FRA:MP9) has a PB Ratio of 0.78 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 Maxim Power and its competitors. This is near median its historical median of 0.79. Over the past decade, Maxim Power's PB Ratio has ranged from 0.56 to 1.28. According to the industry distribution chart, Maxim Power ranks #139 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.3%.
Is Maxim Power's PB Ratio too high?
Maxim Power's current PB Ratio of 0.78 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.28. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Maxim Power's value of 0.78 is 42.4% below this industry median. Based on the distribution chart, Maxim Power ranks #139 out of 430 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Maxim Power has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maxim Power's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Maxim Power ranks #139 out of 430 companies for PB Ratio. This puts Maxim Power in the upper half of its industry. The industry median PB Ratio is 1.36. Maxim Power's value of 0.78 is 42.4% below this benchmark. Historically, Maxim Power's own PB Ratio has ranged from 0.56 to 1.28 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.36, Maxim Power 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. Maxim Power's current PB Ratio of 0.78 is 42.4% 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 Maxim Power 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. Maxim Power's current PB Ratio is 0.78, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Power stock overvalued right now?
Based on GuruFocus' analysis, Maxim Power (FRA:MP9) is currently considered Fairly Valued. The stock's GF Value™ is €2.42, compared to a current price of €2.58 — trading 6.6% above its estimated fair value. The current PB Ratio is 0.78, which is near median its 10-year median of 0.79 and 42.4% below the Utilities - Independent Power Producers industry median of 1.36. Maxim Power's overall GF Score™ is 45/100 with 4 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 Maxim Power (FRA:MP9), the current PB Ratio is 0.78 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 Maxim Power (FRA:MP9) Overvalued in 2026?

Based on GuruFocus' analysis, Maxim Power stock appears to be overvalued. The current stock price of €2.58 is trading 6.6% above its estimated GF Value™ of €2.42. GuruFocus considers Maxim Power to be Fairly Valued.

Key valuation signals for FRA:MP9:

  • PB Ratio: 0.78 (near median its 10-year median of 0.79)
  • GF Value™: €2.42 vs. price of €2.58 (6.6% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 42.4% below the Utilities - Independent Power Producers median (#139 of 430)

No single metric tells the full story. See the FRA:MP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxim Power Business Description

Other Exchanges MXGFF:USAMXG:Canada
Address 715 - 5 Avenue SW, Suite 1800, Calgary, AB, CAN, T2P 2X6
Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.
45GF Score

Get the complete analysis for FRA:MP9

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

€2.58
Price
€2.42
GF Value