Zeneris ProjektyWAR:ZEN +0.34%66 PB Ratio is 1.10 as of Jul. 09, 2026, which is 41% below its 10-year median of 1.86. GuruFocus rates WAR:ZEN with a GF Score™ of 66/100 and a GF Value™ of zł4.98 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Zeneris Projekty ranks better than 57.31% 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), Zeneris Projekty's share price is zł2.98. Zeneris Projekty's Book Value per Share for the quarter that ended in Mar. 2026 was zł2.71. Hence, Zeneris Projekty's PB Ratio of today is 1.10.
Good Sign:
Zeneris Projekty SA stock PB Ratio (=1.08) is close to 5-year low of 1.04.
The historical rank and industry rank for Zeneris Projekty's PB Ratio or its related term are showing as below:
WAR:ZEN'
s PB Ratio Range Over the Past 10 Years
Min: 1.04 Med: 1.86 Max: 5.03
Current: 1.09
During the past 6 years, Zeneris Projekty's highest PB Ratio was 5.03. The lowest was 1.04. And the median was 1.86.
During the past 12 months, Zeneris Projekty's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 30.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Zeneris Projekty was 70.20% per year. The lowest was 6.50% per year. And the median was 8.30% 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.
Zeneris Projekty PB Ratio Related Terms
Zeneris Projekty PB Ratio Historical Data
* Premium members only.
The historical data trend for Zeneris Projekty'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 - Renewable subindustry, Zeneris Projekty'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.
Zeneris Projekty PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zeneris Projekty's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zeneris Projekty'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.
Zeneris Projekty (WAR:ZEN) has a PB Ratio of 1.10 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 Zeneris Projekty and its competitors. This is 41% below median its historical median of 1.86. Over the past decade, Zeneris Projekty's PB Ratio has ranged from 1.04 to 5.03. According to the industry distribution chart, Zeneris Projekty ranks #184 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 42.7%.
Is Zeneris Projekty's PB Ratio too high?
Zeneris Projekty's current PB Ratio of 1.10 is 41% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 5.03. The Utilities - Independent Power Producers industry median PB Ratio is 1.29. Zeneris Projekty's value of 1.10 is 14.7% below this industry median. Based on the distribution chart, Zeneris Projekty ranks #184 out of 431 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Zeneris Projekty has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zeneris Projekty's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zeneris Projekty ranks #184 out of 431 companies for PB Ratio. This puts Zeneris Projekty in the upper half of its industry. The industry median PB Ratio is 1.29. Zeneris Projekty's value of 1.10 is 14.7% below this benchmark. Historically, Zeneris Projekty's own PB Ratio has ranged from 1.04 to 5.03 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.29, Zeneris Projekty 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 431 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. Zeneris Projekty's current PB Ratio of 1.10 is 14.7% 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 Zeneris Projekty 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. Zeneris Projekty's current PB Ratio is 1.10, which is 41% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeneris Projekty stock overvalued right now?
Based on GuruFocus' analysis, Zeneris Projekty (WAR:ZEN) is currently considered Significantly Undervalued. The stock's GF Value™ is zł4.98, compared to a current price of zł2.98 — trading 40.2% below its estimated fair value. The current PB Ratio is 1.10, which is 41% below median its 10-year median of 1.86 and 14.7% below the Utilities - Independent Power Producers industry median of 1.29. Zeneris Projekty's overall GF Score™ is 66/100 with 7 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 Zeneris Projekty (WAR:ZEN), the current PB Ratio is 1.10 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 Zeneris Projekty (WAR:ZEN) Overvalued in 2026?
Based on GuruFocus' analysis, Zeneris Projekty stock appears to be undervalued.
The current stock price of zł2.98 is trading 40.2% below its estimated GF Value™ of zł4.98.
GuruFocus considers Zeneris Projekty to be Significantly Undervalued.
Key valuation signals for WAR:ZEN:
PB Ratio: 1.10 (41% below median its 10-year median of 1.86)
GF Value™: zł4.98 vs. price of zł2.98 (40.2% below fair value)
Industry Position: 14.7% below the Utilities - Independent Power Producers median (#184 of 431)
No single metric tells the full story. See the WAR:ZEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zeneris Projekty SA is engaged in designing and implementing renewable energy investments. The company focuses on Photovoltaics and Hydropower sectors.
66GF Score
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