Enel SpA (MEX:ENELN) Cyclically Adjusted Book per Share: MXN73.95 (As of Mar. 2026)

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MEX:ENELN Enel SpA MEX:ENELN
56 GF Score
Price MXN202.52
GF Value MXN131.13
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Enel SpA Cyclically Adjusted Book per Share?

Enel SpA MEX:ENELN 56 Cyclically Adjusted Book per Share is MXN73.95 as of Mar. 2026. GuruFocus rates MEX:ENELN with a GF Score™ of 56/100 and a GF Value™ of MXN131.13 (Significantly Overvalued). The stock has 10 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.

Enel SpA's adjusted book value per share for the three months ended in Mar. 2026 was MXN74.350. 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 MXN73.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Enel SpA's average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.20% 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 Enel SpA was 1.20% per year. The lowest was -1.90% per year. And the median was -0.40% per year.

As of today (2026-08-08), Enel SpA's current stock price is MXN202.52. Enel SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN73.95. Enel SpA's Cyclically Adjusted PB Ratio of today is 2.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enel SpA was 2.79. The lowest was 1.09. And the median was 1.76.


Enel SpA  (MEX:ENELN) 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.

Enel SpA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=202.52/73.95
=2.74

* 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 Enel SpA was 2.79. The lowest was 1.09. And the median was 1.76.


Be Aware

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


Enel SpA Cyclically Adjusted Book per Share Related Terms


Enel SpA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Enel SpA'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.

Enel SpA Cyclically Adjusted Book per Share Chart

Enel SpA 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 82.93 79.95 66.45 75.38 70.16

Enel SpA 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 77.88 78.35 78.27 70.16 73.95

MEX:ENELN vs SRE: Cyclically Adjusted Book per Share Comparison

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where Enel SpA's Cyclically Adjusted PB Ratio falls into.


MEX:ENELN
56GF Score
Enel SpA MEX:ENELN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enel SpA 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, Enel SpA'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)
=74.35/124.5600*124.5600
=74.350

Current CPI (Mar. 2026) = 124.5600.

Enel SpA Quarterly Data

Book Value per Share CPI Adj_Book
201606 70.801 99.900 88.278
201609 81.031 100.100 100.831
201612 80.492 100.300 99.961
201703 76.949 101.000 94.899
201706 69.454 101.100 85.571
201709 75.008 101.200 92.322
201712 79.545 101.200 97.906
201803 70.188 101.800 85.880
201806 69.662 102.400 84.737
201809 68.091 102.600 82.665
201812 69.694 102.300 84.859
201903 72.467 102.800 87.806
201906 69.575 103.100 84.057
201909 66.017 102.900 79.913
201912 62.623 102.800 75.879
202003 78.645 102.900 95.199
202006 74.616 102.900 90.322
202009 75.382 102.300 91.785
202012 67.443 102.600 81.878
202103 75.079 103.700 90.182
202106 72.990 104.200 87.252
202109 72.568 104.900 86.168
202112 67.640 106.600 79.036
202203 70.452 110.400 79.488
202206 68.967 112.500 76.360
202209 59.488 114.200 64.885
202212 58.251 119.000 60.973
202303 61.151 118.800 64.116
202306 58.648 119.700 61.029
202309 62.945 120.300 65.174
202312 57.870 119.700 60.220
202403 61.363 120.200 63.589
202406 66.133 120.700 68.248
202409 75.402 121.200 77.492
202412 72.542 121.200 74.553
202503 80.831 122.500 82.190
202506 73.706 122.700 74.823
202509 75.412 123.100 76.306
202512 67.389 122.600 68.466
202603 74.350 124.560 74.350

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 MXN73.95 mean?
Enel SpA (MEX:ENELN) has a Cyclically Adjusted Book per Share of MXN73.95 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 Enel SpA and its competitors.
Is Enel SpA's Cyclically Adjusted Book per Share too high?
Enel SpA's current Cyclically Adjusted Book per Share is MXN73.95. Overall, Enel SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enel SpA's Cyclically Adjusted Book per Share compare to SRE?
Enel SpA's Cyclically Adjusted Book per Share of MXN73.95 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 Enel SpA and its competitors. Enel SpA's current Cyclically Adjusted Book per Share is MXN73.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enel SpA stock overvalued right now?
Based on GuruFocus' analysis, Enel SpA (MEX:ENELN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN131.13, compared to a current price of MXN202.52 — trading 54.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN73.95. Enel SpA's overall GF Score™ is 56/100 with 10 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 Enel SpA (MEX:ENELN), the current Cyclically Adjusted Book per Share is MXN73.95 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 Enel SpA (MEX:ENELN) Overvalued in 2026?

Based on GuruFocus' analysis, Enel SpA stock appears to be overvalued. The current stock price of MXN202.52 is trading 54.4% above its estimated GF Value™ of MXN131.13. GuruFocus considers Enel SpA to be Significantly Overvalued.

Key valuation signals for MEX:ENELN:

  • Cyclically Adjusted Book per Share: MXN73.95
  • GF Value™: MXN131.13 vs. price of MXN202.52 (54.4% above fair value)
  • GF Score™: 56/100 with 10 warning signs

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


Enel SpA Business Description

Address Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 35% of the company's EBITDA is derived from its regulated networks, the rest is from generation and supply. Enel is a giant in global power generation with 81 gigawatts of capacity, of which 56 GW is renewables, including a large share of hydro.
56GF Score

Get the complete analysis for MEX:ENELN

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

MXN202.52
Price
MXN131.13
GF Value