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Equatorial Para Distribuidora De EnergiaBSP:EQPA3 +2.21%78 Cyclically Adjusted PB Ratio is 2.65 as of Aug. 26, 2026, which is 34% below its 10-year median of 4.04. GuruFocus rates BSP:EQPA3 with a GF Score™ of 78/100 and a GF Value™ of R$6.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 425 Utilities - Regulated companies, Equatorial Para Distribuidora De Energia ranks worse than 79.53% on this metric.
BSP:EQPA3's Cyclically Adjusted PB Ratio is ranked worse than 79.53% of 425
companies
in the Utilities - Regulated industry
Industry Median: 1.52
vs BSP:EQPA3: 2.59
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.
Equatorial Para Distribuidora De Energia's adjusted book value per share data for the three months ended in Jun. 2026 was R$2.377. 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 R$2.09 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Equatorial Para Distribuidora De Energia (BSP:EQPA3) 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.
Equatorial Para Distribuidora De Energia Cyclically Adjusted PB Ratio Related Terms
Equatorial Para Distribuidora De Energia Cyclically Adjusted PB Ratio Historical Data
* 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.
Equatorial Para Distribuidora De Energia Cyclically Adjusted PB Ratio Chart
Equatorial Para Distribuidora De Energia Annual Data
BSP:EQPA3 vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison
For the Utilities - Regulated Electric subindustry, Equatorial Para Distribuidora De 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.
Equatorial Para Distribuidora De Energia Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio falls into.
Equatorial Para Distribuidora De Energia 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.
* 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.
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 2.65 mean?
Equatorial Para Distribuidora De Energia (BSP:EQPA3) has a Cyclically Adjusted PB Ratio of 2.65 as of Aug. 26, 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 Equatorial Para Distribuidora De Energia and its competitors. This is 34% below median its historical median of 4.04. Over the past decade, Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio has ranged from 2.47 to 5.39. According to the industry distribution chart, Equatorial Para Distribuidora De Energia ranks #338 out of 425 companies in the Utilities - Regulated industry, placing it in the top 79.5%.
Is Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio too high?
Equatorial Para Distribuidora De Energia's current Cyclically Adjusted PB Ratio of 2.65 is 34% below median its 10-year median of 4.04. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 5.39. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Equatorial Para Distribuidora De Energia's value of 2.65 is 74.3% above this industry median. Based on the distribution chart, Equatorial Para Distribuidora De Energia ranks #338 out of 425 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Equatorial Para Distribuidora De Energia has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial Para Distribuidora De Energia ranks #338 out of 425 companies for Cyclically Adjusted PB Ratio. This places Equatorial Para Distribuidora De Energia in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Equatorial Para Distribuidora De Energia's value of 2.65 is 74.3% above this benchmark. Historically, Equatorial Para Distribuidora De Energia's own Cyclically Adjusted PB Ratio has ranged from 2.47 to 5.39 over the past decade. While the company's 10-year median is 4.04 vs. the industry median of 1.52, Equatorial Para Distribuidora De Energia has consistently been above 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 - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 425 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. Equatorial Para Distribuidora De Energia's current Cyclically Adjusted PB Ratio of 2.65 is 74.3% above 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 Equatorial Para Distribuidora De Energia and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equatorial Para Distribuidora De Energia's current Cyclically Adjusted PB Ratio is 2.65, which is 34% below median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial Para Distribuidora De Energia stock overvalued right now?
Based on GuruFocus' analysis, Equatorial Para Distribuidora De Energia (BSP:EQPA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$6.96, compared to a current price of R$5.54 — trading 20.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.65, which is 34% below median its 10-year median of 4.04 and 74.3% above the Utilities - Regulated industry median of 1.52. Equatorial Para Distribuidora De Energia's overall GF Score™ is 78/100 with 2 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 Equatorial Para Distribuidora De Energia (BSP:EQPA3), the current Cyclically Adjusted PB Ratio is 2.65 as of Aug. 26, 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 Equatorial Para Distribuidora De Energia (BSP:EQPA3) Overvalued in 2026?
Based on GuruFocus' analysis, Equatorial Para Distribuidora De Energia stock appears to be undervalued.
The current stock price of R$5.54 is trading 20.4% below its estimated GF Value™ of R$6.96.
GuruFocus considers Equatorial Para Distribuidora De Energia to be Modestly Undervalued.
Key valuation signals for BSP:EQPA3:
Cyclically Adjusted PB Ratio: 2.65 (34% below median its 10-year median of 4.04)
GF Value™: R$6.96 vs. price of R$5.54 (20.4% below fair value)
Industry Position: 74.3% above the Utilities - Regulated median (#338 of 425)
No single metric tells the full story. See the BSP:EQPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equatorial Para Distribuidora De Energia SA engages in the generation, transmission, and distribution of electricity in Brazil. The company supplies electricity for residential, commercial, industrial, and rural consumption. It operates through various power generation sources, including thermal, hydroelectric, nuclear, and wind plants.
78GF Score
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