Question 1

What is GE Vernova's P/B ratio?

Accepted Answer

GE Vernova (GEV) P/B ratio is 18.2× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

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.

Question 4

What is a good P/B ratio for GE Vernova?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For GE Vernova specifically, the relevant sector benchmark is the current sector median of 2.1×.

Question 5

Is GE Vernova's P/B ratio high or low?

Accepted Answer

GE Vernova's P/B ratio of 18.2× is above its own 5-year average of 10.9× and above the sector median of 2.1×. That places the current reading at the 62th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is GE Vernova's historical P/B ratio range?

Accepted Answer

In the available daily series, GE Vernova (GEV) P/B ratio has ranged from a low of 4.3× in 2024 to a high of 24.8× in 2026. The 5-year average is 10.9× and the 5-year median is 9.6×.

Question 7

What was GE Vernova's P/B ratio in 2025?

Accepted Answer

GE Vernova (GEV) P/B ratio at the end of 2025 was 15.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does GE Vernova's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$177.77B	$11.18B	15.9×	+6.4×	Dec 31, 2025
2024	$90.46B	$9.55B	9.5×	+4.7×	Dec 31, 2024
2023	$35.71B	$7.42B	4.8×	—	Dec 31, 2023


MGE Energy (MGEE)	2.1×
New Jersey Resources (NJR)	2.1×
Xcel Energy (XEL)	2.1×
Atmos Energy (ATO)	2.1×
Sempra (SRE)	2.0×
PPL (PPL)	1.9×
Middlesex Water (MSEX)	1.9×
Duke Energy (DUK)	1.9×
Dominion Energy (D)	1.9×
Evergy (EVRG)	1.9×
Pinnacle West Capital (PNW)	1.7×
Exelon (EXC)	1.7×
Essential Utilities (WTRG)	1.7×
Edison International (EIX)	1.6×
Consolidated Edison (ED)	1.6×
Eversource Energy (ES)	1.6×
California Water Service Group (CWT)	1.5×
UGI (UGI)	1.4×
Northwest Natural Holding (NWN)	1.4×
Black Hills (BKH)	1.3×
Artesian Resources (ARTNA)	1.3×
H2O America (HTO)	1.2×
Avista (AVA)	1.2×
PG&E (PCG)	1.2×
Algonquin Power & Utilities (AQN)	1.0×

P/B Ratio for GE Vernova (GEV)

P/B Ratio daily chart for GE Vernova (GEV)

Historical P/B Ratio for GE Vernova (GEV) from 2023 to 2025

About P/B Ratio at GE Vernova (GEV)

GE Vernova P/B Ratio by Year

GE Vernova P/B Ratio 2025: 15.9×

GE Vernova P/B Ratio 2024: 9.5×

GE Vernova P/B Ratio 2023: 4.8×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

GE Vernova (GEV) Key Financials

P/B Ratio daily chart for GE Vernova (GEV)

Historical P/B Ratio for GE Vernova (GEV) from 2023 to 2025

About P/B Ratio at GE Vernova (GEV)

GE Vernova P/B Ratio by Year

GE Vernova P/B Ratio 2025: 15.9×

GE Vernova P/B Ratio 2024: 9.5×

GE Vernova P/B Ratio 2023: 4.8×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is GE Vernova's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for GE Vernova?

+Is GE Vernova's P/B ratio high or low?

+What is GE Vernova's historical P/B ratio range?

+What was GE Vernova's P/B ratio in 2025?

+Why does GE Vernova's P/B ratio change over time?

GE Vernova (GEV) Key Financials