EDP-Energias De Portugal (FRA:EDPA) Cyclically Adjusted Book per Share: €27.99 (As of Mar. 2026)


FRA:EDPA EDP-Energias De Portugal SA FRA:EDPA
75 GF Score
Price €46.40
GF Value €36.36
Valuation Modestly Overvalued
! 11 Warning Signs
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What is EDP-Energias De Portugal Cyclically Adjusted Book per Share?

EDP-Energias De Portugal FRA:EDPA +2.65% 75 Cyclically Adjusted Book per Share is €27.99 as of Mar. 2026. GuruFocus rates FRA:EDPA with a GF Score™ of 75/100 and a GF Value™ of €36.36 (Modestly Overvalued). The stock has 11 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.

EDP-Energias De Portugal's adjusted book value per share for the three months ended in Mar. 2026 was €28.417. 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 €27.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, EDP-Energias De Portugal's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 EDP-Energias De Portugal was 5.40% per year. The lowest was -11.50% per year. And the median was 2.90% per year.

As of today (2026-07-07), EDP-Energias De Portugal's current stock price is €46.40. EDP-Energias De Portugal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €27.99. EDP-Energias De Portugal's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EDP-Energias De Portugal was 2.36. The lowest was 1.05. And the median was 1.45.


EDP-Energias De Portugal  (FRA:EDPA) 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.

EDP-Energias De Portugal's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.40/27.99
=1.66

* 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 EDP-Energias De Portugal was 2.36. The lowest was 1.05. And the median was 1.45.


Be Aware

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


EDP-Energias De Portugal Cyclically Adjusted Book per Share Related Terms


EDP-Energias De Portugal Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for EDP-Energias De Portugal'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.

EDP-Energias De Portugal Cyclically Adjusted Book per Share Chart

EDP-Energias De Portugal 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 24.23 26.07 26.10 27.32 27.56

EDP-Energias De Portugal 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 27.69 28.08 27.56 27.56 27.99

FRA:EDPA vs SRE, AES: Cyclically Adjusted Book per Share Comparison

For the Utilities - Diversified subindustry, EDP-Energias De Portugal'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.


EDP-Energias De Portugal Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EDP-Energias De Portugal's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EDP-Energias De Portugal's Cyclically Adjusted PB Ratio falls into.


FRA:EDPA
75GF Score
EDP-Energias De Portugal SA FRA:EDPA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EDP-Energias De Portugal 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, EDP-Energias De Portugal'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)
=28.417/125.9400*125.9400
=28.417

Current CPI (Mar. 2026) = 125.9400.

EDP-Energias De Portugal Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.425 101.319 29.117
201609 24.110 101.122 30.027
201612 25.294 100.998 31.541
201703 25.879 101.924 31.977
201706 24.557 102.240 30.250
201709 26.345 102.527 32.361
201712 25.669 102.479 31.546
201803 25.797 102.626 31.657
201806 24.076 103.790 29.214
201809 23.291 103.960 28.215
201812 24.114 103.159 29.439
201903 24.698 103.495 30.054
201906 23.680 104.192 28.623
201909 23.916 103.844 29.005
201912 23.816 103.592 28.954
202003 21.451 103.544 26.091
202006 20.036 104.323 24.188
202009 22.984 103.699 27.914
202012 24.284 103.354 29.591
202103 24.792 104.014 30.018
202106 24.861 104.852 29.861
202109 23.169 105.232 27.728
202112 23.623 106.191 28.016
202203 23.109 109.559 26.564
202206 19.503 114.003 21.545
202209 17.399 114.999 19.054
202212 22.506 116.377 24.355
202303 26.548 117.701 28.406
202306 25.677 117.872 27.434
202309 27.498 119.111 29.074
202312 27.760 118.032 29.620
202403 28.448 120.396 29.758
202406 27.229 121.165 28.302
202409 27.683 121.574 28.677
202412 27.734 121.585 28.727
202503 28.431 122.624 29.200
202506 25.841 124.042 26.236
202509 26.754 124.490 27.066
202512 27.436 124.240 27.811
202603 28.417 125.940 28.417

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 €27.99 mean?
EDP-Energias De Portugal (FRA:EDPA) has a Cyclically Adjusted Book per Share of €27.99 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 EDP-Energias De Portugal and its competitors.
Is EDP-Energias De Portugal's Cyclically Adjusted Book per Share too high?
EDP-Energias De Portugal's current Cyclically Adjusted Book per Share is €27.99. Overall, EDP-Energias De Portugal has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EDP-Energias De Portugal's Cyclically Adjusted Book per Share compare to SRE and AES?
EDP-Energias De Portugal's Cyclically Adjusted Book per Share of €27.99 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 EDP-Energias De Portugal and its competitors. EDP-Energias De Portugal's current Cyclically Adjusted Book per Share is €27.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EDP-Energias De Portugal stock overvalued right now?
Based on GuruFocus' analysis, EDP-Energias De Portugal (FRA:EDPA) is currently considered Modestly Overvalued. The stock's GF Value™ is €36.36, compared to a current price of €46.40 — trading 27.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is €27.99. EDP-Energias De Portugal's overall GF Score™ is 75/100 with 11 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 EDP-Energias De Portugal (FRA:EDPA), the current Cyclically Adjusted Book per Share is €27.99 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 EDP-Energias De Portugal (FRA:EDPA) Overvalued in 2026?

Based on GuruFocus' analysis, EDP-Energias De Portugal stock appears to be overvalued. The current stock price of €46.40 is trading 27.6% above its estimated GF Value™ of €36.36. GuruFocus considers EDP-Energias De Portugal to be Modestly Overvalued.

Key valuation signals for FRA:EDPA:

  • Cyclically Adjusted Book per Share: €27.99
  • GF Value™: €36.36 vs. price of €46.40 (27.6% above fair value)
  • GF Score™: 75/100 with 11 warning signs

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


EDP-Energias De Portugal Business Description

Address Avenida 24 de Julho, No. 12, 4th Floor, Lisbon, PRT, 1249-300
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the US. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP delisted Energias do Brasil in August 2023 after buying out the 46% minorities.
75GF Score

Get the complete analysis for FRA:EDPA

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

€46.40
Price
€36.36
GF Value