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Sola Renewable EnergiesXTAE:SOLA 4 PB Ratio is 13.06 as of Sep. 12, 2026, which is 2% below its 10-year median of 13.35. GuruFocus rates XTAE:SOLA with a GF Score™ of 4/100. The stock has 3 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Sola Renewable Energies ranks worse than 97.67% 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.
Sola Renewable Energies PB Ratio Chart
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XTAE:SOLA vs CEG, VST, NRG: PB Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Sola Renewable Energies'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.
Sola Renewable Energies PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sola Renewable Energies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sola Renewable Energies'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.
Sola Renewable Energies (XTAE:SOLA) has a PB Ratio of 13.06 as of Sep. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sola Renewable Energies and its competitors. This is near median its historical median of 13.35. Over the past decade, Sola Renewable Energies' PB Ratio has ranged from 12.66 to 13.76. According to the industry distribution chart, Sola Renewable Energies ranks #420 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 97.7%.
Is Sola Renewable Energies' PB Ratio too high?
Sola Renewable Energies' current PB Ratio of 13.06 is near median its 10-year median of 13.35. Over the past 10 years, this metric has ranged from a low of 12.66 to a high of 13.76. The Utilities - Independent Power Producers industry median PB Ratio is 1.26. Sola Renewable Energies' value of 13.06 is 940.6% above this industry median. Based on the distribution chart, Sola Renewable Energies ranks #420 out of 430 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Sola Renewable Energies has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sola Renewable Energies' PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Sola Renewable Energies ranks #420 out of 430 companies for PB Ratio. This places Sola Renewable Energies in the lower half of its industry. The industry median PB Ratio is 1.26. Sola Renewable Energies' value of 13.06 is 940.6% above this benchmark. Historically, Sola Renewable Energies' own PB Ratio has ranged from 12.66 to 13.76 over the past decade. While the company's 10-year median is 13.35 vs. the industry median of 1.26, Sola Renewable Energies 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 1.26, 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. Sola Renewable Energies's current PB Ratio of 13.06 is 940.6% 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 Sola Renewable Energies and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sola Renewable Energies's current PB Ratio is 13.06, which is near median its own 10-year median of 13.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sola Renewable Energies stock overvalued right now?
Sola Renewable Energies (XTAE:SOLA) has a current PB Ratio of 13.06. The current PB Ratio is 13.06, which is near median its 10-year median of 13.35 and 940.6% above the Utilities - Independent Power Producers industry median of 1.26. Sola Renewable Energies' overall GF Score™ is 4/100 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 Sola Renewable Energies (XTAE:SOLA), the current PB Ratio is 13.06 as of Sep. 12, 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.
Sola Renewable Energies Ltd is an independent developer in renewable energy, operating in Israel and Europe. The company specializes in the origination, development, construction, financing and operation of solar PV and energy storage projects, operating across the full value chain of a renewable energy project.
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