PPL Corporation PPL

32.03 0.06 0.19% as of 25 Sep
Market cap
$24.1B
P/E
18.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

PPL Corporation (PPL) P/B ratio

As of 25 September 2026, PPL Corporation (PPL) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 1.0× (March 2020) to 2.7× (June 2016); the current reading is higher than 35% of that period. That is in line with the Utilities Regulated Electric industry median of 1.6× and in line with the Utilities sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.7× 2.29%
FY2024 1.7× 16.90%
FY2023 1.5× (5.76%)
FY2022 1.5× (7.59%)
FY2021 1.7× 3.11%
FY2020 1.6× (19.45%)
FY2019 2.0× 17.53%
FY2018 1.7× (12.14%)
FY2017 1.9× (16.35%)
FY2016 2.3× 1.07%

Quarterly

Period P/B ratio Change
Jun 2026 1.8× (4.93%)
Mar 2026 1.9× 9.88%
Dec 2025 1.7× (8.74%)
Sep 2025 1.9× 8.72%
42 more quarters

Against its own ten years

Low 1.0× High 2.7×
Ten-year median 1.8×
Current reading's percentile 35

P/B ratio against peers

Company P/B ratio
PCG Pacific Gas & Electric Co. compare 0.8×
FTS Fortis compare 1.5×
ES Eversource Energy compare 1.5×
PPL PPL Corporation 1.6×
FE FirstEnergy Corporation compare 1.7×
CMS CMS Energy Corporation compare 1.9×
AEE Ameren Corporation compare 2.0×
CNP CenterPoint Energy, Inc. compare 2.1×
DTE DTE Energy Company compare 2.1×
Utilities Regulated Electric industry median 1.6×
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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