ESS Tech

ESS Tech P/TBV

The Price to Tangible Book Value (P/TBV) of ESS Tech (GWH) as of Nov 5, 2026 is 87.68. In the previous year, Price to Tangible Book Value (P/TBV) was 31.19 — a change of 181.13% (higher).

P/TBV

87.68

YoY

181.13%

Last updated:

Price to Tangible Book Value (P/TBV) of ESS Tech is 2025 87.68 . Price to Tangible Book Value (P/TBV) of ESS Tech was 2024 31.19 . It decreases by 181.13% higher compared to the previous year.

The ESS Tech P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2019
48.49 USD
Jan 1, 2020
-458.51 USD
Jan 1, 2021
3.68 USD
Jan 1, 2022
5.52 USD
Jan 1, 2023
7.68 USD
Jan 1, 2024
31.19 USD
Jan 1, 2025
87.68 USD
The ESS Tech P/TBV history
YEARP/TBVYoY
87.68+181.13%
31.19+306.28%
7.68+39.15%
5.52+49.78%
3.68-100.80%
-458.51-1,045.51%
48.49—

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ESS Tech Stock analysis

What does ESS Tech do? ESS Tech, Inc. generates revenue through the sale of its iron flow battery products, specifically the Energy Warehouse and Energy Center. The Energy Warehouse provides storage from 50 kW to 90 kW with four to 12-hour durations, deployed in shipping container units for easy installation. The Energy Center offers customizable configurations tailored to customer power, energy, and duration requirements. Grid operators and commercial and industrial customers purchase these systems for grid flexibility and energy assurance, leveraging the non-flammable and non-toxic nature of the batteries. The company focuses on long-duration energy storage using earth-abundant materials, targeting applications where lithium-ion batteries are less favorable. Its products address energy delivery, duration, and cycle-life in a single platform, appealing to customers seeking reliable, sustainable energy solutions. The firm's manufacturing and R&D phase supports the development of these specialized battery systems for commercial and energy storage markets. ESS Tech, Inc. serves commercial and industrial customers and grid operators who require flexible energy storage solutions. The company's iron flow battery technology differentiates itself by offering a safe, durable alternative to lithium-ion batteries, with products designed for both standard and custom deployments. Sales are driven by the need for sustainable, long-duration storage that meets specific operational demands in energy-intensive sectors. ESS Tech is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ESS Tech stock

Price to Tangible Book Value (P/TBV) of ESS Tech is 87.68 in 2025.

Price to Tangible Book Value (P/TBV) of ESS Tech changed from 31.19 to 87.68, representing a 181.13% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) ESS Tech since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s ESS Tech with sector peers and the industry average to assess whether it is attractive.

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Valuation — ESS Tech

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