WATT (Energous) PB Ratio: 2.97 (As of Jun. 25, 2026) — 25% Below Median


WATT Energous Corp WATT
53 GF Score
Price $23.09
GF Value $29.95
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Energous PB Ratio?

Energous WATT -5.65% 53 PB Ratio is 2.97 as of Jun. 25, 2026, which is 25% below its 10-year median of 3.94. GuruFocus rates WATT with a GF Score™ of 53/100 and a GF Value™ of $29.95 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,413 Hardware companies, Energous ranks worse than 59.43% 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 (2026-06-25), Energous's share price is $23.085. Energous's Book Value per Share for the quarter that ended in Mar. 2026 was $7.77. Hence, Energous's PB Ratio of today is 2.97.

The historical rank and industry rank for Energous's PB Ratio or its related term are showing as below:

WATT' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 3.94   Max: 43.51
Current: 2.97

During the past 13 years, Energous's highest PB Ratio was 43.51. The lowest was 0.41. And the median was 3.94.

WATT's PB Ratio is ranked worse than
59.43% of 2413 companies
in the Hardware industry
Industry Median: 2.42 vs WATT: 2.97

During the past 12 months, Energous's average Book Value Per Share Growth Rate was -11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -68.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Energous was 15.80% per year. The lowest was -68.80% per year. And the median was -26.40% per year.

Back to Basics: PB Ratio


Energous  (NAS:WATT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Energous PB Ratio Related Terms


Energous PB Ratio Historical Data

* Premium members only.

The historical data trend for Energous'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.

Energous PB Ratio Chart

Energous Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.69 0.87 0.00 0.70

Energous Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 1.22 1.03 0.70 2.02

WATT vs CMTL, OCC, AMPG: PB Ratio Comparison

For the Communication Equipment subindustry, Energous'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.


Energous PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Energous's PB Ratio distribution charts can be found below:

* The bar in red indicates where Energous's PB Ratio falls into.


WATT
53GF Score
Energous Corp WATT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Energous PB Ratio Calculation

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.

Energous's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=23.085/7.773
=2.97

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.97 mean?
Energous (WATT) has a PB Ratio of 2.97 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Energous and its competitors. This is 25% below median its historical median of 3.94. Over the past decade, Energous' PB Ratio has ranged from 0.41 to 43.51. According to the industry distribution chart, Energous ranks #1434 out of 2413 companies in the Hardware industry, placing it in the top 59.4%.
Is Energous' PB Ratio too high?
Energous' current PB Ratio of 2.97 is 25% below median its 10-year median of 3.94. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 43.51. The Hardware industry median PB Ratio is 2.42. Energous' value of 2.97 is 22.7% above this industry median. Based on the distribution chart, Energous ranks #1434 out of 2413 companies in the Hardware industry, which is below the industry midpoint. Overall, Energous has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energous' PB Ratio compare to CMTL and OCC?
According to the Hardware industry distribution chart, Energous ranks #1434 out of 2413 companies for PB Ratio. This places Energous in the lower half of its industry. The industry median PB Ratio is 2.42. Energous' value of 2.97 is 22.7% above this benchmark. Historically, Energous' own PB Ratio has ranged from 0.41 to 43.51 over the past decade. While the company's 10-year median is 3.94 vs. the industry median of 2.42, Energous 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.42, based on 2,413 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. Energous's current PB Ratio of 2.97 is 22.7% 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 Energous and its competitors. For the Hardware industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energous's current PB Ratio is 2.97, which is 25% below median its own 10-year median of 3.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energous stock overvalued right now?
Based on GuruFocus' analysis, Energous (WATT) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.95, compared to a current price of $23.09 — trading 22.9% below its estimated fair value. The current PB Ratio is 2.97, which is 25% below median its 10-year median of 3.94 and 22.7% above the Hardware industry median of 2.42. Energous' overall GF Score™ is 53/100 with 1 warning sign 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 Energous (WATT), the current PB Ratio is 2.97 as of Jun. 25, 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 Energous (WATT) Overvalued in 2026?

Based on GuruFocus' analysis, Energous stock appears to be undervalued. The current stock price of $23.09 is trading 22.9% below its estimated GF Value™ of $29.95. GuruFocus considers Energous to be Modestly Undervalued.

Key valuation signals for WATT:

  • PB Ratio: 2.97 (25% below median its 10-year median of 3.94)
  • GF Value™: $29.95 vs. price of $23.09 (22.9% below fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 22.7% above the Hardware median (#1434 of 2413)

No single metric tells the full story. See the WATT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energous Business Description

Other Exchanges 0IH3:UK
Address 3590 North First Street, Suite 330, San Jose, CA, USA, 95134
Energous Corp has developed scalable, over-the-air Wireless Power Network (WPN) technology that integrates semiconductor chipsets, software controls, hardware designs, and antenna systems to enable radio frequency (RF)-based charging for ambient Internet of Things (ambient IoT) devices, transforming supply chain capabilities from limited tracking to overall business intelligence. The WPN technology consists of transmitter systems, receiver integrated circuits, and supporting software designed to deliver power and data to battery-free IoT devices across a range of operating distances and power levels. Its applications include retail sensors, electronic shelf labels (ESLs), asset trackers, air quality monitors, motion detectors, and other monitoring solutions.
53GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.09
Price
$29.95
GF Value