Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SMN Power HoldingOGMUS:SMNP 46 PB Ratio is 0.71 as of Jul. 14, 2026, which is 1% below its 10-year median of 0.72. GuruFocus rates MUS:SMNP with a GF Score™ of 46/100 and a GF Value™ of ر.ع0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, SMN Power HoldingOG ranks better than 73.72% on this metric.
During the past 12 months, SMN Power HoldingOG's average Book Value Per Share Growth Rate was 9.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 19.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SMN Power HoldingOG was 61.80% per year. The lowest was -5.70% per year. And the median was 28.20% per year.
Back to Basics: PB Ratio
SMN Power HoldingOG (MUS:SMNP) 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.
SMN Power HoldingOG PB Ratio Related Terms
SMN Power HoldingOG PB Ratio Historical Data
* Premium members only.
The historical data trend for SMN Power HoldingOG'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 - Independent Power Producers subindustry, SMN Power HoldingOG'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.
SMN Power HoldingOG PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SMN Power HoldingOG's PB Ratio distribution charts can be found below:
* The bar in red indicates where SMN Power HoldingOG'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.
SMN Power HoldingOG (MUS:SMNP) has a PB Ratio of 0.71 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SMN Power HoldingOG and its competitors. This is near median its historical median of 0.72. Over the past decade, SMN Power HoldingOG's PB Ratio has ranged from 0.08 to 8.33. According to the industry distribution chart, SMN Power HoldingOG ranks #113 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.3%.
Is SMN Power HoldingOG's PB Ratio too high?
SMN Power HoldingOG's current PB Ratio of 0.71 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 8.33. The Utilities - Independent Power Producers industry median PB Ratio is 1.29. SMN Power HoldingOG's value of 0.71 is 44.7% below this industry median. Based on the distribution chart, SMN Power HoldingOG ranks #113 out of 430 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, SMN Power HoldingOG has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMN Power HoldingOG's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, SMN Power HoldingOG ranks #113 out of 430 companies for PB Ratio. This puts SMN Power HoldingOG in the upper half of its industry. The industry median PB Ratio is 1.29. SMN Power HoldingOG's value of 0.71 is 44.7% below this benchmark. Historically, SMN Power HoldingOG's own PB Ratio has ranged from 0.08 to 8.33 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.29, SMN Power HoldingOG 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 1.29, 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. SMN Power HoldingOG's current PB Ratio of 0.71 is 44.7% 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 SMN Power HoldingOG and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMN Power HoldingOG's current PB Ratio is 0.71, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMN Power HoldingOG stock overvalued right now?
Based on GuruFocus' analysis, SMN Power HoldingOG (MUS:SMNP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.10, compared to a current price of ر.ع0.20 — trading 97% above its estimated fair value. The current PB Ratio is 0.71, which is near median its 10-year median of 0.72 and 44.7% below the Utilities - Independent Power Producers industry median of 1.29. SMN Power HoldingOG's overall GF Score™ is 46/100 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 SMN Power HoldingOG (MUS:SMNP), the current PB Ratio is 0.71 as of Jul. 14, 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 SMN Power HoldingOG (MUS:SMNP) Overvalued in 2026?
Based on GuruFocus' analysis, SMN Power HoldingOG stock appears to be overvalued.
The current stock price of ر.ع0.20 is trading 97% above its estimated GF Value™ of ر.ع0.10.
GuruFocus considers SMN Power HoldingOG to be Significantly Overvalued.
Key valuation signals for MUS:SMNP:
PB Ratio: 0.71 (near median its 10-year median of 0.72)
GF Value™: ر.ع0.10 vs. price of ر.ع0.20 (97% above fair value)
Industry Position: 44.7% below the Utilities - Independent Power Producers median (#113 of 430)
No single metric tells the full story. See the MUS:SMNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMN Power Holding SAOG is a company based in the Sultanate of Oman. Along with its subsidiaries, the company is engaged in the power generation and water desalination business. The company also invests its funds in shares, bonds, and securities, and owns and leases patents, trademarks, concessions, and other incorporeal rights to its subsidiaries and other companies.
46GF Score
Get the complete analysis for MUS:SMNP
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:SMNP has been successfully added to your 
