NRG Energy, Inc. NRG

100.37 2.52 2.58% as of 25 Sep
Market cap
$20.7B
P/E
26.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

NRG Energy, Inc. (NRG) P/B ratio

As of 25 September 2026, NRG Energy, Inc. (NRG) trades at a P/B ratio of 5.0×. Over the past ten years it has ranged from 0.0× (December 2019) to 34.8× (February 2026); the current reading is higher than 68% of that period. That is above the Utilities Independent Power Producers industry median of 3.3× and above the Utilities sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 30.1× 196.23%
FY2024 10.2× 96.29%
FY2023 5.2× 163.12%
FY2022 2.0× (32.86%)
FY2021 2.9× (46.46%)
FY2020 5.5× (12.82%)
FY2019 6.3× —
FY2018 0.0× —
FY2017 4.7× 432.50%
FY2016 0.9× 22.68%

Quarterly

Period P/B ratio Change
Jun 2026 7.3× 2.34%
Mar 2026 7.2× (76.22%)
Dec 2025 30.1× 27.19%
Sep 2025 23.7× 23.23%
42 more quarters

Against its own ten years

Low 0.0× High 34.8×
Ten-year median 3.2×
Current reading's percentile 68

P/B ratio against peers

Company P/B ratio
KEN Kenon Holdings Ltd. compare 1.0×
DGXX Digi Power X Inc. compare 1.5×
OKLO Oklo Inc. compare 2.0×
CEG Constellation Energy Corporation compare 2.9×
HNRG Hallador Energy Company compare 3.6×
NRG NRG Energy, Inc. 5.0×
TLN Talen Energy Corporation compare 8.5×
VST Vistra Corp. compare 15.5×
Utilities Independent Power Producers industry median 3.3×
Utilities sector median 1.6×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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