Celsia Esp (BOG:CELSIA) Cyclically Adjusted PB Ratio: 1.11 (As of Jul. 20, 2026) — 16% Above Median

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BOG:CELSIA Celsia SA Esp BOG:CELSIA
61 GF Score
Price COP5,270.00
GF Value COP3,204.27
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Celsia Esp Cyclically Adjusted PB Ratio?

Celsia Esp BOG:CELSIA -0.19% 61 Cyclically Adjusted PB Ratio is 1.11 as of Jul. 20, 2026, which is 16% above its 10-year median of 0.96. GuruFocus rates BOG:CELSIA with a GF Score™ of 61/100 and a GF Value™ of COP3,204.27 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 284 Utilities - Independent Power Producers companies, Celsia Esp ranks better than 50.35% on this metric.

As of today (2026-07-20), Celsia Esp's current share price is COP5270.00. Celsia Esp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was COP4,748.52. Celsia Esp's Cyclically Adjusted PB Ratio for today is 1.11.

The historical rank and industry rank for Celsia Esp's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOG:CELSIA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.96   Max: 1.38
Current: 1.11

During the past years, Celsia Esp's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.48. And the median was 0.96.

BOG:CELSIA's Cyclically Adjusted PB Ratio is ranked better than
50.35% of 284 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.115 vs BOG:CELSIA: 1.11

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.

Celsia Esp's adjusted book value per share data for the three months ended in Mar. 2026 was COP3,085.327. 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 COP4,748.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celsia Esp  (BOG:CELSIA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Celsia Esp Cyclically Adjusted PB Ratio Related Terms


Celsia Esp Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Celsia Esp's Cyclically Adjusted PB Ratio 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.

Celsia Esp Cyclically Adjusted PB Ratio Chart

Celsia Esp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.65 0.64 0.79 1.05

Celsia Esp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.84 0.96 1.02 1.05 1.12

Celsia Esp Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Celsia Esp'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.


Celsia Esp Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


BOG:CELSIA
61GF Score
Celsia SA Esp BOG:CELSIA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celsia Esp Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Celsia Esp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5270.00/4748.52
=1.11

* 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.

Celsia Esp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Celsia Esp'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)
=3085.327/330.2130*330.2130
=3,085.327

Current CPI (Mar. 2026) = 330.2130.

Celsia Esp Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,932.868 241.018 4,018.252
201609 2,875.034 241.428 3,932.326
201612 2,917.556 241.432 3,990.419
201703 2,813.160 243.801 3,810.247
201706 2,881.661 244.955 3,884.640
201709 2,922.440 246.819 3,909.860
201712 2,964.917 246.524 3,971.435
201803 3,762.952 249.554 4,979.186
201806 3,864.527 251.989 5,064.178
201809 3,928.801 252.439 5,139.226
201812 4,110.386 251.233 5,402.566
201903 3,869.787 254.202 5,026.923
201906 3,901.693 256.143 5,029.963
201909 4,288.276 256.759 5,515.072
201912 4,250.439 256.974 5,461.837
202003 4,336.217 258.115 5,547.431
202006 4,281.475 257.797 5,484.155
202009 4,376.730 260.280 5,552.686
202012 4,250.879 260.474 5,389.004
202103 4,192.666 264.877 5,226.852
202106 4,290.656 271.696 5,214.764
202109 4,351.029 274.310 5,237.747
202112 4,529.426 278.802 5,364.651
202203 4,154.046 287.504 4,771.134
202206 4,429.698 296.311 4,936.516
202209 4,667.802 296.808 5,193.151
202212 7,602.004 296.797 8,457.904
202303 7,114.427 301.836 7,783.287
202306 6,906.613 305.109 7,474.881
202309 4,309.238 307.789 4,623.188
202312 3,566.283 306.746 3,839.114
202403 3,260.406 312.332 3,447.064
202406 3,347.460 314.175 3,518.341
202409 3,446.547 315.301 3,609.550
202412 3,480.661 315.605 3,641.766
202503 3,214.960 319.799 3,319.653
202506 3,276.425 322.561 3,354.150
202509 3,302.198 324.800 3,357.231
202512 3,312.246 324.054 3,375.199
202603 3,085.327 330.213 3,085.327

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 1.11 mean?
Celsia Esp (BOG:CELSIA) has a Cyclically Adjusted PB Ratio of 1.11 as of Jul. 20, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Celsia Esp and its competitors. This is 16% above median its historical median of 0.96. Over the past decade, Celsia Esp's Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.38. According to the industry distribution chart, Celsia Esp ranks #141 out of 284 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.6%.
Is Celsia Esp's Cyclically Adjusted PB Ratio too high?
Celsia Esp's current Cyclically Adjusted PB Ratio of 1.11 is 16% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.38. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.12. Celsia Esp's value of 1.11 is 0.4% below this industry median. Based on the distribution chart, Celsia Esp ranks #141 out of 284 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Celsia Esp has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celsia Esp's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Celsia Esp ranks #141 out of 284 companies for Cyclically Adjusted PB Ratio. This puts Celsia Esp in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.12. Celsia Esp's value of 1.11 is 0.4% below this benchmark. Historically, Celsia Esp's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.38 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.12, Celsia Esp has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.12, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Celsia Esp's current Cyclically Adjusted PB Ratio of 1.11 is 0.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Celsia Esp and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celsia Esp's current Cyclically Adjusted PB Ratio is 1.11, which is 16% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celsia Esp stock overvalued right now?
Based on GuruFocus' analysis, Celsia Esp (BOG:CELSIA) is currently considered Significantly Overvalued. The stock's GF Value™ is COP3,204.27, compared to a current price of COP5,270.00 — trading 64.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is 16% above median its 10-year median of 0.96 and 0.4% below the Utilities - Independent Power Producers industry median of 1.12. Celsia Esp's overall GF Score™ is 61/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Celsia Esp (BOG:CELSIA), the current Cyclically Adjusted PB Ratio is 1.11 as of Jul. 20, 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 Celsia Esp (BOG:CELSIA) Overvalued in 2026?

Based on GuruFocus' analysis, Celsia Esp stock appears to be overvalued. The current stock price of COP5,270.00 is trading 64.5% above its estimated GF Value™ of COP3,204.27. GuruFocus considers Celsia Esp to be Significantly Overvalued.

Key valuation signals for BOG:CELSIA:

  • Cyclically Adjusted PB Ratio: 1.11 (16% above median its 10-year median of 0.96)
  • GF Value™: COP3,204.27 vs. price of COP5,270.00 (64.5% above fair value)
  • GF Score™: 61/100 with 10 warning signs
  • Industry Position: 0.4% below the Utilities - Independent Power Producers median (#141 of 284)

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


Celsia Esp Business Description

Address Carrera 43A No. 1A Sur - 143, Floor 5, Medellin, COL
Celsia SA Esp is a Latin American public utility company. Celsia is involved in the generation and sale of electrical energy and natural gas in Colombia, Panama, and Costa Rica. Through its principal subsidiary, Celsia Colombia S.A. E.S.P, the company owns and operates a portfolio of thermal, hydroelectric, and wind power plants. The company has two geographical operating segments namely Colombia and Central America. It generates maximum revenue from the Colombia segment. The company projects include Porvenir II and ReverdeC.
61GF Score

Get the complete analysis for BOG:CELSIA

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

COP5,270.00
Price
COP3,204.27
GF Value