NXT Energy SolutionsTSX:SFD +1.37%25 PB Ratio is 3.39 as of Jun. 26, 2026, which is 88% above its 10-year median of 1.80. GuruFocus rates TSX:SFD with a GF Score™ of 25/100. The stock has 6 warning signs investors should review. Among 923 Oil & Gas companies, NXT Energy Solutions ranks worse than 82.56% on this metric.
The historical rank and industry rank for NXT Energy Solutions's PB Ratio or its related term are showing as below:
TSX:SFD'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.8 Max: 7.74
Current: 3.39
During the past 13 years, NXT Energy Solutions's highest PB Ratio was 7.74. The lowest was 0.53. And the median was 1.80.
TSX:SFD's PB Ratio is ranked worse than 82.56% of 923
companies
in the Oil & Gas industry
Industry Median: 1.39
vs TSX:SFD: 3.39
During the past 12 months, NXT Energy Solutions's average Book Value Per Share Growth Rate was 13.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NXT Energy Solutions was 149.00% per year. The lowest was -51.30% per year. And the median was -7.95% per year.
Back to Basics: PB Ratio
NXT Energy Solutions (TSX:SFD) 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.
NXT Energy Solutions PB Ratio Related Terms
NXT Energy Solutions PB Ratio Historical Data
* Premium members only.
The historical data trend for NXT Energy Solutions'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 Equipment & Services subindustry, NXT Energy Solutions'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.
NXT Energy Solutions PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NXT Energy Solutions's PB Ratio distribution charts can be found below:
* The bar in red indicates where NXT Energy Solutions'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.
NXT Energy Solutions (TSX:SFD) has a PB Ratio of 3.39 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 NXT Energy Solutions and its competitors. This is 88% above median its historical median of 1.80. Over the past decade, NXT Energy Solutions' PB Ratio has ranged from 0.53 to 7.74. According to the industry distribution chart, NXT Energy Solutions ranks #762 out of 923 companies in the Oil & Gas industry, placing it in the top 82.6%.
Is NXT Energy Solutions' PB Ratio too high?
NXT Energy Solutions' current PB Ratio of 3.39 is 88% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 7.74. The Oil & Gas industry median PB Ratio is 1.39. NXT Energy Solutions' value of 3.39 is 143.9% above this industry median. Based on the distribution chart, NXT Energy Solutions ranks #762 out of 923 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NXT Energy Solutions has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does NXT Energy Solutions' PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NXT Energy Solutions ranks #762 out of 923 companies for PB Ratio. This places NXT Energy Solutions in the lower half of its industry. The industry median PB Ratio is 1.39. NXT Energy Solutions' value of 3.39 is 143.9% above this benchmark. Historically, NXT Energy Solutions' own PB Ratio has ranged from 0.53 to 7.74 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.39, NXT Energy Solutions 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 1.39, 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. NXT Energy Solutions's current PB Ratio of 3.39 is 143.9% 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 NXT Energy Solutions 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. NXT Energy Solutions's current PB Ratio is 3.39, which is 88% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXT Energy Solutions stock overvalued right now?
NXT Energy Solutions (TSX:SFD) has a current PB Ratio of 3.39. The current PB Ratio is 3.39, which is 88% above median its 10-year median of 1.80 and 143.9% above the Oil & Gas industry median of 1.39. NXT Energy Solutions' overall GF Score™ is 25/100 with 6 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 NXT Energy Solutions (TSX:SFD), the current PB Ratio is 3.39 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.
NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The SFD system is used to accelerate onshore and offshore exploration over any terrain with the objective of reducing the total time, cost and risk of the exploration cycle, with no environmental footprint or community impact.
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