Paz Retail And Energy (XTAE:PAZ) Cyclically Adjusted Book per Share: ₪413.50 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:PAZ Paz Retail And Energy Ltd XTAE:PAZ
65 GF Score
Price ₪865.50
GF Value ₪370.65
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Paz Retail And Energy Cyclically Adjusted Book per Share?

Paz Retail And Energy XTAE:PAZ +2.68% 65 Cyclically Adjusted Book per Share is ₪413.50 as of Mar. 2026. GuruFocus rates XTAE:PAZ with a GF Score™ of 65/100 and a GF Value™ of ₪370.65 (Significantly Overvalued). 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.

Paz Retail And Energy's adjusted book value per share for the three months ended in Mar. 2026 was ₪313.691. 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 ₪413.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Paz Retail And Energy's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 Paz Retail And Energy was 4.10% per year. The lowest was 0.20% per year. And the median was 3.10% per year.

As of today (2026-07-30), Paz Retail And Energy's current stock price is ₪865.50. Paz Retail And Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪413.50. Paz Retail And Energy's Cyclically Adjusted PB Ratio of today is 2.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paz Retail And Energy was 2.10. The lowest was 0.48. And the median was 0.80.


Paz Retail And Energy  (XTAE:PAZ) 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.

Paz Retail And Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=865.50/413.50
=2.09

* 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 Paz Retail And Energy was 2.10. The lowest was 0.48. And the median was 0.80.


Be Aware

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


Paz Retail And Energy Cyclically Adjusted Book per Share Related Terms


Paz Retail And Energy Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Paz Retail And Energy'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.

Paz Retail And Energy Cyclically Adjusted Book per Share Chart

Paz Retail And Energy 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 384.83 406.81 412.27 411.13 409.56

Paz Retail And Energy 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 414.06 414.35 414.09 409.56 413.50

XTAE:PAZ vs MPC, VLO, PSX: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Paz Retail And Energy'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.


Paz Retail And Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Paz Retail And Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Paz Retail And Energy's Cyclically Adjusted PB Ratio falls into.


XTAE:PAZ
65GF Score
Paz Retail And Energy Ltd XTAE:PAZ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paz Retail And Energy 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, Paz Retail And Energy'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)
=313.691/330.2130*330.2130
=313.691

Current CPI (Mar. 2026) = 330.2130.

Paz Retail And Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 349.364 241.432 477.834
201703 0.000 243.801 0.000
201706 380.408 244.955 512.811
201709 389.009 246.819 520.445
201712 405.653 246.524 543.362
201803 373.167 249.554 493.779
201806 0.000 251.989 0.000
201809 395.397 252.439 517.215
201812 405.148 251.233 532.514
201903 386.089 254.202 501.537
201906 390.019 256.143 502.803
201909 402.495 256.759 517.641
201912 362.877 256.974 466.299
202003 341.849 258.115 437.336
202006 336.068 257.797 430.471
202009 318.080 260.280 403.543
202012 321.560 260.474 407.654
202103 324.809 264.877 404.928
202106 321.664 271.696 390.943
202109 328.338 274.310 395.252
202112 310.854 278.802 368.175
202203 352.615 287.504 404.996
202206 365.312 296.311 407.109
202209 389.300 296.808 433.115
202212 382.675 296.797 425.760
202303 389.485 301.836 426.102
202306 397.856 305.109 430.591
202309 301.147 307.789 323.087
202312 297.886 306.746 320.675
202403 309.805 312.332 327.541
202406 315.124 314.175 331.210
202409 301.957 315.301 316.238
202412 304.531 315.605 318.626
202503 312.348 319.799 322.519
202506 312.197 322.561 319.603
202509 314.224 324.800 319.461
202512 315.300 324.054 321.293
202603 313.691 330.213 313.691

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 ₪413.50 mean?
Paz Retail And Energy (XTAE:PAZ) has a Cyclically Adjusted Book per Share of ₪413.50 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 Paz Retail And Energy and its competitors.
Is Paz Retail And Energy's Cyclically Adjusted Book per Share too high?
Paz Retail And Energy's current Cyclically Adjusted Book per Share is ₪413.50. Overall, Paz Retail And Energy has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paz Retail And Energy's Cyclically Adjusted Book per Share compare to MPC and VLO?
Paz Retail And Energy's Cyclically Adjusted Book per Share of ₪413.50 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Paz Retail And Energy and its competitors. Paz Retail And Energy's current Cyclically Adjusted Book per Share is ₪413.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paz Retail And Energy stock overvalued right now?
Based on GuruFocus' analysis, Paz Retail And Energy (XTAE:PAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪370.65, compared to a current price of ₪865.50 — trading 133.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪413.50. Paz Retail And Energy's overall GF Score™ is 65/100 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 Paz Retail And Energy (XTAE:PAZ), the current Cyclically Adjusted Book per Share is ₪413.50 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 Paz Retail And Energy (XTAE:PAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Paz Retail And Energy stock appears to be overvalued. The current stock price of ₪865.50 is trading 133.5% above its estimated GF Value™ of ₪370.65. GuruFocus considers Paz Retail And Energy to be Significantly Overvalued.

Key valuation signals for XTAE:PAZ:

  • Cyclically Adjusted Book per Share: ₪413.50
  • GF Value™: ₪370.65 vs. price of ₪865.50 (133.5% above fair value)
  • GF Score™: 65/100 with 9 warning signs

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


Paz Retail And Energy Business Description

Industry EnergyOil & Gas
Address Euro Park, Holland Building, Kibbutz Yakum, Tel Aviv, ISR, 60972
Paz Retail And Energy Ltd formerly Paz Oil Co Ltd is a energy company that engages in the refining, production, storage, importing and marketing of fuel products. Alongside these operations, Paz has fuel product storage, distribution terminals, and a network of filling stations and convenience stores. The majority of revenue can be traced back to the company's retail and wholesale and refining divisions. The R&W division participates in the marketing, distributing, and transporting of oil at filling stations. This division also is involved in the management, leasing, logistics, and maintenance of many of the filling stations and convenience stores. Operations under the refining division include the import of crude oil and related products, production of oil distillates.
65GF Score

Get the complete analysis for XTAE:PAZ

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

₪865.50
Price
₪370.65
GF Value