Black Hills CorporationBKH

Where BKH's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$73.42-0.36 (-0.49%)Previous close
NYSEUtilitiesDividend King

BKH P/B: current value, 10-year range and year-by-year history

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
BKH P/B historyBKH P/B from Aug 2023 to Jun 2026: low 0.99, high 1.46, latest 1.41.0.951.091.231.361.5Aug 23Mar 24Oct 24May 25Dec 25Jun 26med 1.16

BKH P/B by year

Yearly range of BKH’s p/b from 2016 to 2026. Over the full period it ranged from 1.0 to 2.2, averaging 1.5.

BKH P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.31.41.51.4
20251.11.21.41.3
20241.01.11.31.2
20231.01.21.61.1
20221.31.61.71.5
20211.41.51.71.6
20201.21.52.11.4
20191.61.92.12.0
20181.51.71.91.6
20171.82.02.21.9
20161.81.92.01.9

Get notified when BKH P/B crosses a threshold

Free — one alert setup, notifications by push, Telegram, or Discord.

How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.
Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.