GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bloom Energy Corp (NYSE:BE) » Definitions » PB Ratio

Bloom Energy (Bloom Energy) PB Ratio : 4.97 (As of Apr. 30, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Bloom Energy PB Ratio?

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 (2024-04-30), Bloom Energy's share price is $11.11. Bloom Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $2.23. Hence, Bloom Energy's PB Ratio of today is 4.97.

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

BE' s PB Ratio Range Over the Past 10 Years
Min: 3.84   Med: 11.11   Max: 782.29
Current: 4.98

During the past 8 years, Bloom Energy's highest PB Ratio was 782.29. The lowest was 3.84. And the median was 11.11.

BE's PB Ratio is ranked worse than
85.23% of 2925 companies
in the Industrial Products industry
Industry Median: 1.93 vs BE: 4.98

During the past 12 months, Bloom Energy's average Book Value Per Share Growth Rate was 34.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 68.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Bloom Energy was 68.30% per year. The lowest was 42.20% per year. And the median was 60.10% per year.

Back to Basics: PB Ratio


Bloom Energy PB Ratio Historical Data

The historical data trend for Bloom Energy'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.

* Premium members only.

Bloom Energy PB Ratio Chart

Bloom Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 61.11 - 11.54 6.62

Bloom Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.54 10.40 11.11 6.53 6.62

Competitive Comparison of Bloom Energy's PB Ratio

For the Electrical Equipment & Parts subindustry, Bloom Energy'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.


Bloom Energy's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bloom Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bloom Energy's PB Ratio falls into.



Bloom Energy 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.

Bloom Energy's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.11/2.234
=4.97

* 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.


Bloom Energy  (NYSE:BE) 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.


Bloom Energy PB Ratio Related Terms

Thank you for viewing the detailed overview of Bloom Energy's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bloom Energy (Bloom Energy) Business Description

Address
4353 North First Street, San Jose, CA, USA, 95134
Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and South Korea.
Executives
Guillermo Brooks officer: EVP, Sales - Americas 4353 NORTH FIRST STREET, SAN JOSE CA 95134
Shawn Marie Soderberg officer: EVP, GC & Secretary 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Sharelynn Faye Moore officer: EVP, Chief Marketing Officer 424 W. HIGH DRIVE, SPOKANE WA 99203
Cynthia J Warner director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Kr Sridhar director, officer: Chairman & CEO 1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Glen Griffiths officer: EVP, Services 4353 NORTH FIRST STREET, SAN JOSE CA 95134
Gregory D Cameron officer: See Remarks 4353 NORTH FIRST STREET, SAN JOSE CA 95134
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Jeffrey R Immelt director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John T Chambers director 170 W. TASMAN DR., SAN JOSE CA 95134-1706
Michael J Boskin director C/O RIPPLEWOOD HOLDINGS LLC, ONE ROCKERFELLER PLAZA, NEW YORK NY 10020
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
Swaminathan Venkataraman officer: EVP of Engineering and CTO 1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Sk Ecoplant Co., Ltd. 10 percent owner 19 YULGOK-RO 2-GIL, JONGNO-GU, SEOUL M5 03149
Susan Seilheimer Brennan officer: EVP and COO 1299 ORLEANS DRIVE, SUNNYVALE CA 94089