Energoprojekt Holding a.d (XBEL:ENHL) PB Ratio: 0.26 (As of Aug. 19, 2026) — Near Median

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XBEL:ENHL Energoprojekt Holding a.d XBEL:ENHL
63 GF Score
Price RSD456.00
GF Value RSD300.36
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Energoprojekt Holding a.d PB Ratio?

Energoprojekt Holding a.d XBEL:ENHL 63 PB Ratio is 0.26 as of Aug. 19, 2026, which is at its 10-year median of 0.26. GuruFocus rates XBEL:ENHL with a GF Score™ of 63/100 and a GF Value™ of RSD300.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,725 Construction companies, Energoprojekt Holding a.d ranks better than 95.71% 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 (2026-08-19), Energoprojekt Holding a.d's share price is RSD456.00. Energoprojekt Holding a.d's Book Value per Share for the quarter that ended in Dec. 2025 was RSD1,735.24. Hence, Energoprojekt Holding a.d's PB Ratio of today is 0.26.

Good Sign:

Energoprojekt Holding a.d stock PB Ratio (=0.26) is close to 1-year low of 0.25.

The historical rank and industry rank for Energoprojekt Holding a.d's PB Ratio or its related term are showing as below:

XBEL:ENHL' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.26   Max: 0.82
Current: 0.26

During the past 13 years, Energoprojekt Holding a.d's highest PB Ratio was 0.82. The lowest was 0.15. And the median was 0.26.

XBEL:ENHL's PB Ratio is ranked better than
95.71% of 1725 companies
in the Construction industry
Industry Median: 1.32 vs XBEL:ENHL: 0.26

During the past 12 months, Energoprojekt Holding a.d's average Book Value Per Share Growth Rate was -5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Energoprojekt Holding a.d was 16.00% per year. The lowest was -4.60% per year. And the median was 2.90% per year.

Back to Basics: PB Ratio


Energoprojekt Holding a.d  (XBEL:ENHL) 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.


Energoprojekt Holding a.d PB Ratio Related Terms


Energoprojekt Holding a.d PB Ratio Historical Data

* Premium members only.

The historical data trend for Energoprojekt Holding a.d'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.

Energoprojekt Holding a.d PB Ratio Chart

Energoprojekt Holding a.d 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 0.18 0.18 0.19 0.20 0.29

Energoprojekt Holding a.d Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.19 0.20 0.20 0.26 0.29

XBEL:ENHL vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Energoprojekt Holding a.d'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.


Energoprojekt Holding a.d PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Energoprojekt Holding a.d's PB Ratio distribution charts can be found below:

* The bar in red indicates where Energoprojekt Holding a.d's PB Ratio falls into.


XBEL:ENHL
63GF Score
Energoprojekt Holding a.d XBEL:ENHL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energoprojekt Holding a.d 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.

Energoprojekt Holding a.d's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=456.00/1735.235
=0.26

* 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 0.26 mean?
Energoprojekt Holding a.d (XBEL:ENHL) has a PB Ratio of 0.26 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Energoprojekt Holding a.d and its competitors. This is near median its historical median of 0.26. Over the past decade, Energoprojekt Holding a.d's PB Ratio has ranged from 0.15 to 0.82. According to the industry distribution chart, Energoprojekt Holding a.d ranks #74 out of 1725 companies in the Construction industry, placing it in the top 4.3%.
Is Energoprojekt Holding a.d's PB Ratio too high?
Energoprojekt Holding a.d's current PB Ratio of 0.26 is near median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.82. The Construction industry median PB Ratio is 1.32. Energoprojekt Holding a.d's value of 0.26 is 80.3% below this industry median. Based on the distribution chart, Energoprojekt Holding a.d ranks #74 out of 1725 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Energoprojekt Holding a.d has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energoprojekt Holding a.d's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Energoprojekt Holding a.d ranks #74 out of 1725 companies for PB Ratio. This places Energoprojekt Holding a.d in the top 4% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. Energoprojekt Holding a.d's value of 0.26 is 80.3% below this benchmark. Historically, Energoprojekt Holding a.d's own PB Ratio has ranged from 0.15 to 0.82 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.32, Energoprojekt Holding a.d 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 a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,725 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. Energoprojekt Holding a.d's current PB Ratio of 0.26 is 80.3% 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 Energoprojekt Holding a.d and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energoprojekt Holding a.d's current PB Ratio is 0.26, which is near median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energoprojekt Holding a.d stock overvalued right now?
Based on GuruFocus' analysis, Energoprojekt Holding a.d (XBEL:ENHL) is currently considered Significantly Overvalued. The stock's GF Value™ is RSD300.36, compared to a current price of RSD456.00 — trading 51.8% above its estimated fair value. The current PB Ratio is 0.26, which is near median its 10-year median of 0.26 and 80.3% below the Construction industry median of 1.32. Energoprojekt Holding a.d's overall GF Score™ is 63/100 with 4 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 Energoprojekt Holding a.d (XBEL:ENHL), the current PB Ratio is 0.26 as of Aug. 19, 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 Energoprojekt Holding a.d (XBEL:ENHL) Overvalued in 2026?

Based on GuruFocus' analysis, Energoprojekt Holding a.d stock appears to be overvalued. The current stock price of RSD456.00 is trading 51.8% above its estimated GF Value™ of RSD300.36. GuruFocus considers Energoprojekt Holding a.d to be Significantly Overvalued.

Key valuation signals for XBEL:ENHL:

  • PB Ratio: 0.26 (near median its 10-year median of 0.26)
  • GF Value™: RSD300.36 vs. price of RSD456.00 (51.8% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 80.3% below the Construction median (#74 of 1725)

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


Energoprojekt Holding a.d Business Description

Address 12 Bulevar Mihajla Pupina Street, Belgrade, SRB, 11070
Energoprojekt Holding a.d is engaged in the design, engineering, and construction; activities. The company is involved in the segments such as Planning and Research; Construction and Fitting and Others. The firm generates the majority of its revenue from the Construction and Fitting segment. The company's geographical segments are Serbia, CIS, Europe, America, Asia, and Africa. The company derives the majority of its revenue from Serbia itself.
63GF Score

Get the complete analysis for XBEL:ENHL

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

RSD456.00
Price
RSD300.36
GF Value