Blue Shark Power System (XPAR:MLBSP) PB Ratio: 22.67 (As of Jun. 28, 2026)


What is Blue Shark Power System PB Ratio?

Blue Shark Power System XPAR:MLBSP PB Ratio is 22.67 as of Jun. 28, 2026.

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 (2026-06-28), Blue Shark Power System's share price is €3.40. Blue Shark Power System's Book Value per Share for the quarter that ended in Dec. 2017 was €0.15. Hence, Blue Shark Power System's PB Ratio of today is 22.67.

The historical rank and industry rank for Blue Shark Power System's PB Ratio or its related term are showing as below:

XPAR:MLBSP's PB Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.33
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Blue Shark Power System  (XPAR:MLBSP) 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.

Blue Shark Power System PB Ratio Related Terms

Blue Shark Power System PB Ratio Historical Data

* Premium members only.

The historical data trend for Blue Shark Power System'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.

Blue Shark Power System PB Ratio Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
PB Ratio
0.00 0.00 0.00

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
PB Ratio 0.00 0.00 0.00

XPAR:MLBSP vs : PB Ratio Comparison

For the Utilities - Renewable subindustry, Blue Shark Power System'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.

Blue Shark Power System PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Shark Power System's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blue Shark Power System's PB Ratio falls into.


Blue Shark Power System 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.

Blue Shark Power System's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2017)
=3.40/0.15
=22.67

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 22.67 mean?
Blue Shark Power System (XPAR:MLBSP) has a PB Ratio of 22.67 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blue Shark Power System and its competitors.
Is Blue Shark Power System's PB Ratio too high?
Blue Shark Power System's current PB Ratio is 22.67. The Utilities - Independent Power Producers industry median PB Ratio is 1.33. Blue Shark Power System's value of 22.67 is 1604.5% above this industry median.
How does Blue Shark Power System's PB Ratio compare to ?
Blue Shark Power System's PB Ratio of 22.67 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median PB Ratio is 1.33. Blue Shark Power System's value of 22.67 is 1604.5% above this benchmark. 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 1.33, 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. Blue Shark Power System's current PB Ratio of 22.67 is 1604.5% 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 Blue Shark Power System and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Shark Power System's current PB Ratio is 22.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current PB Ratio of 22.67. The current PB Ratio is 22.67 and 1604.5% above the Utilities - Independent Power Producers industry median of 1.33. 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 Blue Shark Power System (XPAR:MLBSP), the current PB Ratio is 22.67 as of Jun. 28, 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.

Blue Shark Power System Business Description

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Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.