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Innovative Energy GroupXJAM:ENERGY 31 PB Ratio is 1.35 as of Jul. 21, 2026, which is 4% above its 10-year median of 1.30. GuruFocus rates XJAM:ENERGY with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 2,979 Industrial Products companies, Innovative Energy Group ranks better than 68.51% on this metric.
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.
* 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 Specialty Industrial Machinery subindustry, Innovative Energy Group'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.
Innovative Energy Group PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Innovative Energy Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Innovative Energy Group'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.
Innovative Energy Group (XJAM:ENERGY) has a PB Ratio of 1.35 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Innovative Energy Group and its competitors. This is near median its historical median of 1.30. Over the past decade, Innovative Energy Group's PB Ratio has ranged from 1.10 to 1.66. According to the industry distribution chart, Innovative Energy Group ranks #938 out of 2979 companies in the Industrial Products industry, placing it in the top 31.5%.
Is Innovative Energy Group's PB Ratio too high?
Innovative Energy Group's current PB Ratio of 1.35 is near median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 1.66. The Industrial Products industry median PB Ratio is 2.10. Innovative Energy Group's value of 1.35 is 35.7% below this industry median. Based on the distribution chart, Innovative Energy Group ranks #938 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Innovative Energy Group has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Energy Group's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Innovative Energy Group ranks #938 out of 2979 companies for PB Ratio. This puts Innovative Energy Group in the upper half of its industry. The industry median PB Ratio is 2.10. Innovative Energy Group's value of 1.35 is 35.7% below this benchmark. Historically, Innovative Energy Group's own PB Ratio has ranged from 1.10 to 1.66 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 2.10, Innovative Energy Group 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,979 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. Innovative Energy Group's current PB Ratio of 1.35 is 35.7% 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 Innovative Energy Group and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Energy Group's current PB Ratio is 1.35, which is near median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Energy Group stock overvalued right now?
Innovative Energy Group (XJAM:ENERGY) has a current PB Ratio of 1.35. The current PB Ratio is 1.35, which is near median its 10-year median of 1.30 and 35.7% below the Industrial Products industry median of 2.10. Innovative Energy Group's overall GF Score™ is 31/100 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 Innovative Energy Group (XJAM:ENERGY), the current PB Ratio is 1.35 as of Jul. 21, 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.
Innovative Energy Group Ltd is a Jamaican based vertically integrated energy company. It provides clean energy solutions through the development of hybrid renewable or stand-alone cogeneration and trigeneration microturbine projects. IEC provides energy audits, project development, construction, operations and asset management services.
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