The historical rank and industry rank for Highwater Ethanol LLC's PB Ratio or its related term are showing as below:
HEOL'
s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.7 Max: 1.37
Current: 0.88
During the past 13 years, Highwater Ethanol LLC's highest PB Ratio was 1.37. The lowest was 0.49. And the median was 0.70.
HEOL's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.39
vs HEOL: 0.88
During the past 12 months, Highwater Ethanol LLC's average Book Value Per Share Growth Rate was 39.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Highwater Ethanol LLC was 17.20% per year. The lowest was -11.80% per year. And the median was 3.30% per year.
Back to Basics: PB Ratio
Highwater Ethanol LLC (OTCPK:HEOL) PB Ratio Explanation
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.
* 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 Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.
Highwater Ethanol LLC PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Highwater Ethanol LLC'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.
* 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.
Highwater Ethanol LLC (HEOL) has a PB Ratio of 0.88 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 Highwater Ethanol LLC and its competitors. This is 26% above median its historical median of 0.70. Over the past decade, Highwater Ethanol LLC's PB Ratio has ranged from 0.49 to 1.37.
Is Highwater Ethanol LLC's PB Ratio too high?
Highwater Ethanol LLC's current PB Ratio of 0.88 is 26% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.37. The Oil & Gas industry median PB Ratio is 1.39. Highwater Ethanol LLC's value of 0.88 is 36.7% below this industry median. Overall, Highwater Ethanol LLC has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Highwater Ethanol LLC's PB Ratio compare to BDCO and DLXY?
Highwater Ethanol LLC's PB Ratio of 0.88 can be compared against companies in the Oil & Gas industry. The industry median PB Ratio is 1.39. Highwater Ethanol LLC's value of 0.88 is 36.7% below this benchmark. Historically, Highwater Ethanol LLC's own PB Ratio has ranged from 0.49 to 1.37 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.39, Highwater Ethanol LLC 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.39, based on 923 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. Highwater Ethanol LLC's current PB Ratio of 0.88 is 36.7% 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 Highwater Ethanol LLC and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwater Ethanol LLC's current PB Ratio is 0.88, which is 26% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwater Ethanol LLC stock overvalued right now?
Highwater Ethanol LLC (HEOL) has a current PB Ratio of 0.88. The stock's GF Value™ is $11,817.74, compared to a current price of $14,901.00 — trading 26.1% above its estimated fair value. The current PB Ratio is 0.88, which is 26% above median its 10-year median of 0.70 and 36.7% below the Oil & Gas industry median of 1.39. Highwater Ethanol LLC's overall GF Score™ is 32/100 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 Highwater Ethanol LLC (HEOL), the current PB Ratio is 0.88 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 Highwater Ethanol LLC (HEOL) Overvalued in 2026?
Based on GuruFocus' analysis, Highwater Ethanol LLC stock appears to be overvalued.
The current stock price of $14,901.00 is trading 26.1% above its estimated GF Value™ of $11,817.74.
Key valuation signals for HEOL:
PB Ratio: 0.88 (26% above median its 10-year median of 0.70)
GF Value™: $11,817.74 vs. price of $14,901.00 (26.1% above fair value)
Industry Position: 36.7% below the Oil & Gas median
No single metric tells the full story. See the HEOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
32GF Score
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