P/B Ratio for Algonquin Power & Utilities (AQN)

Algonquin Power & Utilities (AQN) P/B ratio is 1.0× as of June 5, 2026. The 5-year average is 1.1×. The sector median currently stands at 2.1×. The current ratio is at the 54th percentile of its own 10-year history.

Algonquin Power & Utilities (AQN) historical P/B ratio has ranged from a low of 0.3× (2003) to a high of 2.0× (2016) in the available daily series.

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.