Societatea Energetica Electrica (FRA:ECEA) Cyclically Adjusted Book per Share: €9.10 (As of Mar. 2026)


FRA:ECEA Societatea Energetica Electrica SA FRA:ECEA
73 GF Score
Price €13.00
GF Value €5.36
! 9 Warning Signs
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What is Societatea Energetica Electrica Cyclically Adjusted Book per Share?

Societatea Energetica Electrica FRA:ECEA 73 Cyclically Adjusted Book per Share is €9.10 as of Mar. 2026. GuruFocus rates FRA:ECEA with a GF Score™ of 73/100 and a GF Value™ of €5.36. The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Societatea Energetica Electrica's adjusted book value per share for the three months ended in Mar. 2026 was €16.162. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €9.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Societatea Energetica Electrica's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Societatea Energetica Electrica was 2.60% per year. The lowest was 2.60% per year. And the median was 2.60% per year.

As of today (2026-07-08), Societatea Energetica Electrica's current stock price is €13.00. Societatea Energetica Electrica's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.10. Societatea Energetica Electrica's Cyclically Adjusted PB Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Societatea Energetica Electrica was 2.14. The lowest was 0.43. And the median was 0.69.


Societatea Energetica Electrica  (FRA:ECEA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Societatea Energetica Electrica's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.00/9.10
=1.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Societatea Energetica Electrica was 2.14. The lowest was 0.43. And the median was 0.69.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Societatea Energetica Electrica Cyclically Adjusted Book per Share Related Terms


Societatea Energetica Electrica Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Societatea Energetica Electrica's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Societatea Energetica Electrica Cyclically Adjusted Book per Share Chart

Societatea Energetica Electrica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 13.80 14.05 16.14 11.91

Societatea Energetica Electrica Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.72 14.67 12.13 11.91 9.10

FRA:ECEA vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Societatea Energetica Electrica Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Cyclically Adjusted PB Ratio falls into.


FRA:ECEA
73GF Score
Societatea Energetica Electrica SA FRA:ECEA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Societatea Energetica Electrica Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Societatea Energetica Electrica's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16.162/330.2130*330.2130
=16.162

Current CPI (Mar. 2026) = 330.2130.

Societatea Energetica Electrica Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.238 241.018 16.767
201609 12.707 241.428 17.380
201612 12.693 241.432 17.361
201703 12.601 243.801 17.067
201706 12.117 244.955 16.334
201709 12.275 246.819 16.422
201712 12.630 246.524 16.918
201803 12.762 249.554 16.887
201806 12.550 251.989 16.446
201809 12.785 252.439 16.724
201812 12.570 251.233 16.522
201903 12.478 254.202 16.209
201906 12.260 256.143 15.805
201909 12.360 256.759 15.896
201912 12.466 256.974 16.019
202003 12.645 258.115 16.177
202006 12.338 257.797 15.804
202009 12.799 260.280 16.238
202012 12.847 260.474 16.287
202103 12.976 264.877 16.177
202106 12.454 271.696 15.136
202109 12.445 274.310 14.981
202112 11.048 278.802 13.085
202203 10.696 287.504 12.285
202206 10.334 296.311 11.516
202209 11.917 296.808 13.258
202212 10.189 296.797 11.336
202303 11.823 301.836 12.935
202306 12.108 305.109 13.104
202309 12.800 307.789 13.733
202312 13.400 306.746 14.425
202403 12.240 312.332 12.941
202406 12.098 314.175 12.716
202409 12.520 315.301 13.112
202412 14.310 315.605 14.972
202503 13.150 319.799 13.578
202506 13.516 322.561 13.837
202509 14.450 324.800 14.691
202512 16.500 324.054 16.814
202603 16.162 330.213 16.162

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €9.10 mean?
Societatea Energetica Electrica (FRA:ECEA) has a Cyclically Adjusted Book per Share of €9.10 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Societatea Energetica Electrica and its competitors.
Is Societatea Energetica Electrica's Cyclically Adjusted Book per Share too high?
Societatea Energetica Electrica's current Cyclically Adjusted Book per Share is €9.10. Overall, Societatea Energetica Electrica has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Societatea Energetica Electrica's Cyclically Adjusted Book per Share compare to NEE and SO?
Societatea Energetica Electrica's Cyclically Adjusted Book per Share of €9.10 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Societatea Energetica Electrica and its competitors. Societatea Energetica Electrica's current Cyclically Adjusted Book per Share is €9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societatea Energetica Electrica stock overvalued right now?
Societatea Energetica Electrica (FRA:ECEA) has a current Cyclically Adjusted Book per Share of €9.10. The stock's GF Value™ is €5.36, compared to a current price of €13.00 — trading 142.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €9.10. Societatea Energetica Electrica's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Societatea Energetica Electrica (FRA:ECEA), the current Cyclically Adjusted Book per Share is €9.10 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Societatea Energetica Electrica (FRA:ECEA) Overvalued in 2026?

Based on GuruFocus' analysis, Societatea Energetica Electrica stock appears to be overvalued. The current stock price of €13.00 is trading 142.5% above its estimated GF Value™ of €5.36.

Key valuation signals for FRA:ECEA:

  • Cyclically Adjusted Book per Share: €9.10
  • GF Value™: €5.36 vs. price of €13.00 (142.5% above fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the FRA:ECEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Societatea Energetica Electrica Business Description

Address No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.
73GF Score

Get the complete analysis for FRA:ECEA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.00
Price
€5.36
GF Value