Friday 6 November 2026 Export SOBO’s income statement to Excel — free account

South Bow Corporation

South Bow Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, down 6.32% from fiscal 2024.

Revenue: +4.20%
EPS: +39.1%
Free cash flow: +48.8%
Total debt: −0.69%

Quarter to June 2026, against a year earlier

31.35 0.26 −0.82%

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Market cap: $6.6B
P/E: 14.4×
Fwd P/E: 19.5×
Dividend yield: 6.30%
F-score: 6/9
Altman Z: 0.89
Beneish M: −2.63
Dividend safety: n/a

Overview

South Bow Corporation (SOBO) P/B ratio

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As of 5 November 2026, South Bow Corporation (SOBO) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 1.6× (October 2024) to 3.0× (July 2026); the current reading is higher than 67% of that period. That is above the Oil & Gas Midstream industry median of 1.7× and above the Energy sector median of 1.4×.

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<iframe src="https://stockrow.com/embed/SOBO/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="South Bow Corporation P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/SOBO/metrics/pb-ratio">South Bow Corporation (SOBO) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	2.1×	12.18%
FY2024	1.9×	15.50%
FY2023	1.6×	—

Period	P/B ratio	Change
Jun 2026	2.8×	5.75%
Mar 2026	2.6×	23.55%
Dec 2025	2.1×	(5.95%)
Sep 2025	2.2×	9.73%
6 more quarters	Free account

Against its own ten years

Low 1.6× High 3.0×

Ten-year median 2.2×

Current reading's percentile 67

Company	P/B ratio
KNTK Kinetik Holdings Inc. compare	n/m
STNG Scorpio Tankers Inc. compare	1.0×
CMBT CMB.TECH nv compare	1.5×
GLNG Golar LNG Limited compare	2.0×
INSW International Seaways Inc. compare	2.0×
SOBO South Bow Corporation	2.5×
FRO Frontline PLC compare	3.2×
AM Antero Midstream Corporation compare	4.1×
HESM Hess Midstream Partners LP compare	9.6×
Oil & Gas Midstream industry median	1.7×
Energy sector median	1.4×
Market median	1.7×

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 →

South Bow Corporation (SOBO) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

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P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on SOBO

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