Orsted ASWBO:ORST -1.00%53 PB Ratio is 1.38 as of Jun. 25, 2026, which is 45% below its 10-year median of 2.50. GuruFocus rates WBO:ORST with a GF Score™ of 53/100 and a GF Value™ of €19.72 (Fairly Valued). The stock has 6 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Orsted AS ranks worse than 50.7% 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), Orsted AS's share price is €19.82. Orsted AS's Book Value per Share for the quarter that ended in Mar. 2026 was €14.41. Hence, Orsted AS's PB Ratio of today is 1.38.
The historical rank and industry rank for Orsted AS's PB Ratio or its related term are showing as below:
WBO:ORST'
s PB Ratio Range Over the Past 10 Years
Min: 0.91 Med: 2.5 Max: 6.12
Current: 1.4
During the past 13 years, Orsted AS's highest PB Ratio was 6.12. The lowest was 0.91. And the median was 2.50.
During the past 12 months, Orsted AS's average Book Value Per Share Growth Rate was -6.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Orsted AS was 21.70% per year. The lowest was -7.10% per year. And the median was 3.65% 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.
Orsted AS PB Ratio Related Terms
Orsted AS PB Ratio Historical Data
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The historical data trend for Orsted AS'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, Orsted AS'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.
Orsted AS PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Orsted AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Orsted AS'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.
Orsted AS'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.
Orsted AS (WBO:ORST) has a PB Ratio of 1.38 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 Orsted AS and its competitors. This is 45% below median its historical median of 2.50. Over the past decade, Orsted AS's PB Ratio has ranged from 0.91 to 6.12. According to the industry distribution chart, Orsted AS ranks #218 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 50.7%.
Is Orsted AS's PB Ratio too high?
Orsted AS's current PB Ratio of 1.38 is 45% below median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 6.12. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Orsted AS's value of 1.38 is 1.5% above this industry median. Based on the distribution chart, Orsted AS ranks #218 out of 430 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Orsted AS has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orsted AS's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Orsted AS ranks #218 out of 430 companies for PB Ratio. This places Orsted AS in the lower half of its industry. The industry median PB Ratio is 1.36. Orsted AS's value of 1.38 is 1.5% above this benchmark. Historically, Orsted AS's own PB Ratio has ranged from 0.91 to 6.12 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.36, Orsted AS 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 Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, 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. Orsted AS's current PB Ratio of 1.38 is 1.5% 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 Orsted AS and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orsted AS's current PB Ratio is 1.38, which is 45% below median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orsted AS stock overvalued right now?
Based on GuruFocus' analysis, Orsted AS (WBO:ORST) is currently considered Fairly Valued. The stock's GF Value™ is €19.72, compared to a current price of €19.82 — trading 0.5% above its estimated fair value. The current PB Ratio is 1.38, which is 45% below median its 10-year median of 2.50 and 1.5% above the Utilities - Independent Power Producers industry median of 1.36. Orsted AS's overall GF Score™ is 53/100 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 Orsted AS (WBO:ORST), the current PB Ratio is 1.38 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 Orsted AS (WBO:ORST) Overvalued in 2026?
Based on GuruFocus' analysis, Orsted AS stock appears to be overvalued.
The current stock price of €19.82 is trading 0.5% above its estimated GF Value™ of €19.72.
GuruFocus considers Orsted AS to be Fairly Valued.
Key valuation signals for WBO:ORST:
PB Ratio: 1.38 (45% below median its 10-year median of 2.50)
GF Value™: €19.72 vs. price of €19.82 (0.5% above fair value)
Industry Position: 1.5% above the Utilities - Independent Power Producers median (#218 of 430)
No single metric tells the full story. See the WBO:ORST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 9.9 gigawatts of offshore wind farms at the end of 2024. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US. Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.
53GF Score
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