374Water price to book ratio SCWO

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026: 14.0×
9-year median: 14.5×
Against its 9-year history: 49th; percentile: 0 is its lowest day, 100 its highest
9-year range: 2.2× to 74.0×
Peer median: 2.3×

374Water's price to book ratio is 14.0× as of Oct 23, 2026.

That is below its 9-year median of 14.5×, close to the middle of its last 9 years.

Over that time it ranged from 2.2× in Aug 2025 to 74.0× in Jan 2022.

The median for 10 industrial stocks of a similar size is 2.3×.

Price to book ratio over time

median 14.5×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.0×	6.1×	19.7×
2025	6.1×	2.2×	11.1×
2024	10.7×	8.1×	21.5×
2023	10.8×	7.8×	73.4×
2022	37.2×	20.5×	74.0×
2021	44.4×	25.8×	44.4×
2020	n/m a value too high to mean anything
2019	53.7×	11.3×	72.5×
2018	11.3×	4.5×	22.7×
2017	n/m a value too high to mean anything
2016	n/m a value too high to mean anything
2015	n/m a value too high to mean anything
2014	121×	64.7×	121×
2013	137×	2.1×	194×
2012	4.0×	3.9×	10.0×
2011	128×	116×	145×

Against its peers

Companies in Industrials nearest 374Water's size, closest first, today.

Company	Price to book ratio
SCWO374Water	14.0×
ACFNAcorn Energy	4.9×
MAMOMassimo	1.6×
AERTAeries Technology	n/m
CVUCPI Aerostructures	2.3×
MHHMastech Digital	0.8×
SIFSifco Industries	3.0×
LCUTLifetime Brands	0.9×
CMTCore Molding Technologies	1.3×
FCFranklin Covey	4.9×
HQIHireQuest	3.3×
Peer median	2.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on 374Water

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.