Axia Energia (XMAD:XAXIA) Cyclically Adjusted Book per Share: €9.70 (As of Mar. 2026)


XMAD:XAXIA Axia Energia XMAD:XAXIA
78 GF Score
Price €8.95
GF Value €6.87
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Axia Energia Cyclically Adjusted Book per Share?

Axia Energia XMAD:XAXIA 78 Cyclically Adjusted Book per Share is €9.70 as of Mar. 2026. GuruFocus rates XMAD:XAXIA with a GF Score™ of 78/100 and a GF Value™ of €6.87 (Modestly Overvalued). The stock has 4 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.

Axia Energia's adjusted book value per share for the three months ended in Mar. 2026 was €8.910. 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 €9.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Axia Energia's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.80% 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 Axia Energia was 0.50% per year. The lowest was -6.10% per year. And the median was -2.55% per year.

As of today (2026-06-24), Axia Energia's current stock price is €8.95. Axia Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.70. Axia Energia's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Axia Energia was 1.14. The lowest was 0.17. And the median was 0.64.


Axia Energia  (XMAD:XAXIA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.95/9.70
=0.92

* 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 Axia Energia was 1.14. The lowest was 0.17. And the median was 0.64.


Be Aware

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


Axia Energia Cyclically Adjusted Book per Share Related Terms


Axia Energia Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Axia 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.

Axia Energia Cyclically Adjusted Book per Share Chart

Axia 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 8.94 9.84 10.22 8.68 10.98

Axia 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 9.00 9.12 8.91 10.98 9.70

Axia Energia Cyclically Adjusted Book per Share Competitor Comparison

For the Utilities - Renewable subindustry, Axia 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.


Axia Energia Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Axia Energia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XMAD:XAXIA
78GF Score
Axia Energia XMAD:XAXIA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axia 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, Axia 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)
=8.91/175.0655*175.0655
=8.910

Current CPI (Mar. 2026) = 175.0655.

Axia Energia Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.787 108.851 15.741
201609 10.486 109.986 16.691
201612 9.234 110.802 14.590
201703 10.080 111.869 15.774
201706 9.175 112.115 14.327
201709 9.216 112.777 14.306
201712 8.025 114.068 12.316
201803 8.080 114.868 12.314
201806 7.550 117.038 11.293
201809 6.677 117.881 9.916
201812 9.230 118.340 13.654
201903 9.701 120.124 14.138
201906 10.571 120.977 15.297
201909 10.271 121.292 14.825
201912 11.461 123.436 16.255
202003 0.000 124.092 0.000
202006 8.270 123.557 11.718
202009 7.602 125.095 10.639
202012 7.483 129.012 10.154
202103 6.918 131.660 9.199
202106 7.917 133.871 10.353
202109 7.813 137.913 9.918
202112 7.593 141.992 9.362
202203 9.166 146.537 10.950
202206 9.105 149.784 10.642
202209 9.332 147.800 11.054
202212 8.642 150.207 10.072
202303 8.618 153.352 9.838
202306 9.400 154.519 10.650
202309 9.522 155.464 10.723
202312 9.360 157.148 10.427
202403 9.242 159.372 10.152
202406 8.744 161.052 9.505
202409 8.772 162.342 9.459
202412 8.476 164.740 9.007
202503 8.683 168.102 9.043
202506 8.251 169.670 8.513
202509 7.722 170.739 7.918
202512 8.245 171.765 8.403
202603 8.910 175.066 8.910

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 €9.70 mean?
Axia Energia (XMAD:XAXIA) has a Cyclically Adjusted Book per Share of €9.70 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 Axia Energia and its competitors.
Is Axia Energia's Cyclically Adjusted Book per Share too high?
Axia Energia's current Cyclically Adjusted Book per Share is €9.70. Overall, Axia Energia has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axia Energia's Cyclically Adjusted Book per Share compare to competitors?
Axia Energia's Cyclically Adjusted Book per Share of €9.70 can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 Axia Energia and its competitors. Axia Energia's current Cyclically Adjusted Book per Share is €9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axia Energia stock overvalued right now?
Based on GuruFocus' analysis, Axia Energia (XMAD:XAXIA) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.87, compared to a current price of €8.95 — trading 30.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €9.70. Axia Energia's overall GF Score™ is 78/100 with 4 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 Axia Energia (XMAD:XAXIA), the current Cyclically Adjusted Book per Share is €9.70 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 Axia Energia (XMAD:XAXIA) Overvalued in 2026?

Based on GuruFocus' analysis, Axia Energia stock appears to be overvalued. The current stock price of €8.95 is trading 30.3% above its estimated GF Value™ of €6.87. GuruFocus considers Axia Energia to be Modestly Overvalued.

Key valuation signals for XMAD:XAXIA:

  • Cyclically Adjusted Book per Share: €9.70
  • GF Value™: €6.87 vs. price of €8.95 (30.3% above fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Axia Energia Business Description

Address Avenida Graca Aranha, 26 19th floor, Centro, Rio de Janeiro, RJ, BRA, 20030-900
Axia Energia is engaged in the generation, transmission, and commercialization of electricity in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country.
78GF Score

Get the complete analysis for XMAD:XAXIA

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

€8.95
Price
€6.87
GF Value