BKW AG (XSWX:BKW) PB Ratio: 1.31 (As of Jun. 25, 2026) — 10% Below Median


XSWX:BKW BKW AG XSWX:BKW
75 GF Score
Price CHF136.20
GF Value CHF149.61
Valuation Fairly Valued
! 3 Warning Signs
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What is BKW AG PB Ratio?

BKW AG XSWX:BKW -1.09% 75 PB Ratio is 1.31 as of Jun. 25, 2026, which is 10% below its 10-year median of 1.45. GuruFocus rates XSWX:BKW with a GF Score™ of 75/100 and a GF Value™ of CHF149.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, BKW AG ranks better 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), BKW AG's share price is CHF136.20. BKW AG's Book Value per Share for the quarter that ended in Dec. 2025 was CHF103.60. Hence, BKW AG's PB Ratio of today is 1.31.

Good Sign:

BKW AG stock PB Ratio (=1.31) is close to 5-year low of 1.31.

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

XSWX:BKW' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.45   Max: 2.14
Current: 1.33

During the past 13 years, BKW AG's highest PB Ratio was 2.14. The lowest was 0.83. And the median was 1.45.

XSWX:BKW's PB Ratio is ranked better than
50.7% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36 vs XSWX:BKW: 1.33

During the past 12 months, BKW AG's average Book Value Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BKW AG was 10.40% per year. The lowest was -5.90% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio


BKW AG  (XSWX:BKW) 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.


BKW AG PB Ratio Related Terms


BKW AG PB Ratio Historical Data

* Premium members only.

The historical data trend for BKW AG'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.

BKW AG PB Ratio Chart

BKW AG 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 1.60 1.64 1.71 1.52 1.63

BKW AG 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 1.71 1.55 1.52 1.77 1.63

BKW AG PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, BKW AG'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.


BKW AG PB Ratio vs Utilities - Independent Power Producers Industry

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

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


XSWX:BKW
75GF Score
BKW AG XSWX:BKW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BKW AG 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.

BKW AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=136.20/103.595
=1.31

* 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 1.31 mean?
BKW AG (XSWX:BKW) has a PB Ratio of 1.31 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 BKW AG and its competitors. This is 10% below median its historical median of 1.45. Over the past decade, BKW AG's PB Ratio has ranged from 0.83 to 2.14. According to the industry distribution chart, BKW AG ranks #212 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.3%.
Is BKW AG's PB Ratio too high?
BKW AG's current PB Ratio of 1.31 is 10% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.14. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. BKW AG's value of 1.31 is 3.7% below this industry median. Based on the distribution chart, BKW AG ranks #212 out of 430 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, BKW AG has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BKW AG's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, BKW AG ranks #212 out of 430 companies for PB Ratio. This puts BKW AG in the upper half of its industry. The industry median PB Ratio is 1.36. BKW AG's value of 1.31 is 3.7% below this benchmark. Historically, BKW AG's own PB Ratio has ranged from 0.83 to 2.14 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.36, BKW AG 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 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. BKW AG's current PB Ratio of 1.31 is 3.7% 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 BKW AG 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. BKW AG's current PB Ratio is 1.31, which is 10% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BKW AG stock overvalued right now?
Based on GuruFocus' analysis, BKW AG (XSWX:BKW) is currently considered Fairly Valued. The stock's GF Value™ is CHF149.61, compared to a current price of CHF136.20 — trading 9% below its estimated fair value. The current PB Ratio is 1.31, which is 10% below median its 10-year median of 1.45 and 3.7% below the Utilities - Independent Power Producers industry median of 1.36. BKW AG's overall GF Score™ is 75/100 with 3 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 BKW AG (XSWX:BKW), the current PB Ratio is 1.31 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 BKW AG (XSWX:BKW) Overvalued in 2026?

Based on GuruFocus' analysis, BKW AG stock appears to be undervalued. The current stock price of CHF136.20 is trading 9% below its estimated GF Value™ of CHF149.61. GuruFocus considers BKW AG to be Fairly Valued.

Key valuation signals for XSWX:BKW:

  • PB Ratio: 1.31 (10% below median its 10-year median of 1.45)
  • GF Value™: CHF149.61 vs. price of CHF136.20 (9% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 3.7% below the Utilities - Independent Power Producers median (#212 of 430)

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


BKW AG Business Description

Address Viktoriaplatz 2, Bern, CHE, 3013
BKW AG is an international energy and infrastructure company, offering integrated solutions in the fields of energy, buildings, and infrastructure. It operates in three reportable business segments: Energy Solutions, Power Grid, and Infrastructure and Buildings. Maximum revenue is generated from the Energy Solutions segment, which builds, operates, and maintains BKW's portfolio of power plants in Switzerland and abroad. It also includes the sale of energy in Switzerland, trading in electricity, certificates, and raw materials, as well as wind, solar, and smart energy services. Geographically, the group generates maximum revenue from its business in Switzerland, followed by Germany, Italy, France, and other countries.
75GF Score

Get the complete analysis for XSWX:BKW

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

CHF136.20
Price
CHF149.61
GF Value