Pampa Energia (STU:9PAA) Cyclically Adjusted Book per Share: €11.22 (As of Mar. 2026)

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STU:9PAA Pampa Energia SA STU:9PAA
88 GF Score
Price €75.50
GF Value €118.48
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Pampa Energia Cyclically Adjusted Book per Share?

Pampa Energia STU:9PAA -1.31% 88 Cyclically Adjusted Book per Share is €11.22 as of Mar. 2026. GuruFocus rates STU:9PAA with a GF Score™ of 88/100 and a GF Value™ of €118.48 (Significantly Undervalued). The stock has 7 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.

Pampa Energia's adjusted book value per share for the three months ended in Mar. 2026 was €60.091. 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 €11.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Pampa Energia's average Cyclically Adjusted Book Growth Rate was 94.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 132.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 109.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 79.30% 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 Pampa Energia was 132.30% per year. The lowest was 28.80% per year. And the median was 79.60% per year.

As of today (2026-08-04), Pampa Energia's current stock price is €75.50. Pampa Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.22. Pampa Energia's Cyclically Adjusted PB Ratio of today is 6.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pampa Energia was 23.45. The lowest was 3.39. And the median was 8.88.


Pampa Energia  (STU:9PAA) 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.

Pampa Energia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=75.50/11.22
=6.73

* 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 Pampa Energia was 23.45. The lowest was 3.39. And the median was 8.88.


Be Aware

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


Pampa Energia Cyclically Adjusted Book per Share Related Terms


Pampa Energia Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Pampa Energia'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.

Pampa Energia Cyclically Adjusted Book per Share Chart

Pampa Energia 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 3.21 3.45 2.43 6.42 9.19

Pampa Energia 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 7.03 8.37 7.73 9.19 11.22

STU:9PAA vs MMM, HON: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Pampa Energia'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.


Pampa Energia Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Pampa Energia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:9PAA
88GF Score
Pampa Energia SA STU:9PAA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pampa Energia 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, Pampa Energia'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)
=60.091/330.2130*330.2130
=60.091

Current CPI (Mar. 2026) = 330.2130.

Pampa Energia Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.075 241.018 8.323
201609 5.142 241.428 7.033
201612 8.886 241.432 12.154
201703 10.566 243.801 14.311
201706 9.474 244.955 12.771
201709 9.233 246.819 12.353
201712 33.835 246.524 45.321
201803 10.935 249.554 14.469
201806 3.942 251.989 5.166
201809 0.208 252.439 0.272
201812 16.014 251.233 21.048
201903 17.221 254.202 22.370
201906 23.655 256.143 30.495
201909 24.802 256.759 31.897
201912 25.719 256.974 33.049
202003 26.289 258.115 33.632
202006 26.047 257.797 33.364
202009 27.051 260.280 34.319
202012 20.222 260.474 25.636
202103 21.457 264.877 26.750
202106 23.374 271.696 28.408
202109 26.363 274.310 31.736
202112 28.566 278.802 33.834
202203 31.544 287.504 36.230
202206 34.255 296.311 38.174
202209 40.144 296.808 44.662
202212 38.946 296.797 43.331
202303 41.231 301.836 45.107
202306 44.216 305.109 47.854
202309 47.517 307.789 50.979
202312 40.534 306.746 43.635
202403 48.134 312.332 50.890
202406 51.438 314.175 54.064
202409 53.059 315.301 55.568
202412 57.701 315.605 60.372
202503 59.482 319.799 61.419
202506 55.556 322.561 56.874
202509 53.781 324.800 54.677
202512 56.469 324.054 57.542
202603 60.091 330.213 60.091

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 €11.22 mean?
Pampa Energia (STU:9PAA) has a Cyclically Adjusted Book per Share of €11.22 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 Pampa Energia and its competitors.
Is Pampa Energia's Cyclically Adjusted Book per Share too high?
Pampa Energia's current Cyclically Adjusted Book per Share is €11.22. Overall, Pampa Energia has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pampa Energia's Cyclically Adjusted Book per Share compare to MMM and HON?
Pampa Energia's Cyclically Adjusted Book per Share of €11.22 can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Pampa Energia and its competitors. Pampa Energia's current Cyclically Adjusted Book per Share is €11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pampa Energia stock overvalued right now?
Based on GuruFocus' analysis, Pampa Energia (STU:9PAA) is currently considered Significantly Undervalued. The stock's GF Value™ is €118.48, compared to a current price of €75.50 — trading 36.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is €11.22. Pampa Energia's overall GF Score™ is 88/100 with 7 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 Pampa Energia (STU:9PAA), the current Cyclically Adjusted Book per Share is €11.22 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 Pampa Energia (STU:9PAA) Overvalued in 2026?

Based on GuruFocus' analysis, Pampa Energia stock appears to be undervalued. The current stock price of €75.50 is trading 36.3% below its estimated GF Value™ of €118.48. GuruFocus considers Pampa Energia to be Significantly Undervalued.

Key valuation signals for STU:9PAA:

  • Cyclically Adjusted Book per Share: €11.22
  • GF Value™: €118.48 vs. price of €75.50 (36.3% below fair value)
  • GF Score™: 88/100 with 7 warning signs

No single metric tells the full story. See the STU:9PAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pampa Energia Business Description

Other Exchanges PAM:USAPAMP:Argentina
Address Maipu 1, Buenos Aires, ARG, C1084ABA
Pampa Energia SA and its subsidiaries are engaged in the Energy business, mainly in oil and gas production and power generation. The firm's operating business segments are Oil and Gas, Generation, Petrochemicals, Holding, Transportation, and Others. The company derives the maximum revenue from the oil and gas segment.
88GF Score

Get the complete analysis for STU:9PAA

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

€75.50
Price
€118.48
GF Value