Suncor EnergySTU:SM3 +3.88%65 PB Ratio is 2.12 as of Jul. 09, 2026, which is 43% above its 10-year median of 1.48. GuruFocus rates STU:SM3 with a GF Score™ of 65/100 and a GF Value™ of €36.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 925 Oil & Gas companies, Suncor Energy ranks worse than 68.86% 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 (2026-07-09), Suncor Energy's share price is €51.59. Suncor Energy's Book Value per Share for the quarter that ended in Mar. 2026 was €24.37. Hence, Suncor Energy's PB Ratio of today is 2.12.
The historical rank and industry rank for Suncor Energy's PB Ratio or its related term are showing as below:
STU:SM3'
s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.48 Max: 2.45
Current: 2.16
During the past 13 years, Suncor Energy's highest PB Ratio was 2.45. The lowest was 0.59. And the median was 1.48.
STU:SM3's PB Ratio is ranked worse than 68.86% of 925
companies
in the Oil & Gas industry
Industry Median: 1.43
vs STU:SM3: 2.16
During the past 12 months, Suncor Energy's average Book Value Per Share Growth Rate was 6.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Suncor Energy was 50.60% per year. The lowest was -5.60% per year. And the median was 9.60% per year.
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.
Suncor Energy PB Ratio Related Terms
Suncor Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for Suncor Energy'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 Oil & Gas Integrated subindustry, Suncor Energy'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.
Suncor Energy PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Suncor Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Suncor Energy'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.
Suncor Energy's PB Ratio for today is calculated as follows:
* 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.
Suncor Energy (STU:SM3) has a PB Ratio of 2.12 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Suncor Energy and its competitors. This is 43% above median its historical median of 1.48. Over the past decade, Suncor Energy's PB Ratio has ranged from 0.59 to 2.45. According to the industry distribution chart, Suncor Energy ranks #637 out of 925 companies in the Oil & Gas industry, placing it in the top 68.9%.
Is Suncor Energy's PB Ratio too high?
Suncor Energy's current PB Ratio of 2.12 is 43% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.45. The Oil & Gas industry median PB Ratio is 1.43. Suncor Energy's value of 2.12 is 48.3% above this industry median. Based on the distribution chart, Suncor Energy ranks #637 out of 925 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Suncor Energy has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suncor Energy's PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Suncor Energy ranks #637 out of 925 companies for PB Ratio. This places Suncor Energy in the lower half of its industry. The industry median PB Ratio is 1.43. Suncor Energy's value of 2.12 is 48.3% above this benchmark. Historically, Suncor Energy's own PB Ratio has ranged from 0.59 to 2.45 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.43, Suncor Energy has consistently been above 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 1.43, based on 925 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. Suncor Energy's current PB Ratio of 2.12 is 48.3% above 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 Suncor Energy and its competitors. For the Oil & Gas 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. Suncor Energy's current PB Ratio is 2.12, which is 43% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncor Energy stock overvalued right now?
Based on GuruFocus' analysis, Suncor Energy (STU:SM3) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.61, compared to a current price of €51.59 — trading 40.9% above its estimated fair value. The current PB Ratio is 2.12, which is 43% above median its 10-year median of 1.48 and 48.3% above the Oil & Gas industry median of 1.43. Suncor Energy's overall GF Score™ is 65/100 with 2 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 Suncor Energy (STU:SM3), the current PB Ratio is 2.12 as of Jul. 09, 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 Suncor Energy (STU:SM3) Overvalued in 2026?
Based on GuruFocus' analysis, Suncor Energy stock appears to be overvalued.
The current stock price of €51.59 is trading 40.9% above its estimated GF Value™ of €36.61.
GuruFocus considers Suncor Energy to be Significantly Overvalued.
Key valuation signals for STU:SM3:
PB Ratio: 2.12 (43% above median its 10-year median of 1.48)
GF Value™: €36.61 vs. price of €51.59 (40.9% above fair value)
Industry Position: 48.3% above the Oil & Gas median (#637 of 925)
No single metric tells the full story. See the STU:SM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suncor Energy Inc is an integrated energy company. The company's operations span the full energy value chain, including oil sands mining and in situ operations, upgrading, offshore production, petroleum refining in Canada and the U.S., marketing and trading, and nationwide PetroCanada retail and wholesale networks delivering reliable energy that fuels economic growth and meets the needs of customers across Canada and globally. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products, & power. The company's operating segments include Oil Sands, Exploration & Production, Refining & Marketing (R&M), & Corporate & eliminations. Geographically, the company generates a majority of its revenue from Canada.
65GF Score
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