Vistra (VST) - P/B ratio

P/B ratio as of January 2026 : 9.77

According to Vistra's latest financial reports the company has a price-to-book ratio of 2.96825.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Vistra - P/B ratio (from 2017 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	10.5	23.21%
2024-12-31	8.51	228.91%
2023-12-31	2.59	37.85%
2022-12-31	1.88	41.65%
2021-12-31	1.33	15.23%
2020-12-31	1.15	-18.35%
2019-12-31	1.41	-1.85%
2018-12-31	1.44	16.02%
2017-12-31	1.24	-539.42%
2016-12-31	-0.2815
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
NRG Energy NRG	14.1	44.25%	🇺🇸 USA
MGE Energy MGEE	2.20	-77.50%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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