WEC Energy Group (BSP:W1EC34) Cyclically Adjusted PB Ratio: 2.77 (As of Aug. 21, 2026) — Near Median

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BSP:W1EC34 WEC Energy Group Inc BSP:W1EC34
74 GF Score
Price R$296.96
GF Value R$304.38
Valuation Fairly Valued
! 7 Warning Signs
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What is WEC Energy Group Cyclically Adjusted PB Ratio?

WEC Energy Group BSP:W1EC34 74 Cyclically Adjusted PB Ratio is 2.77 as of Aug. 21, 2026, which is 7% below its 10-year median of 2.99. GuruFocus rates BSP:W1EC34 with a GF Score™ of 74/100 and a GF Value™ of R$304.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 427 Utilities - Regulated companies, WEC Energy Group ranks worse than 81.26% on this metric.

As of today (2026-08-21), WEC Energy Group's current share price is R$296.96. WEC Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$107.09. WEC Energy Group's Cyclically Adjusted PB Ratio for today is 2.77.

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

BSP:W1EC34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 2.99   Max: 4.16
Current: 2.63

During the past years, WEC Energy Group's highest Cyclically Adjusted PB Ratio was 4.16. The lowest was 2.08. And the median was 2.99.

BSP:W1EC34's Cyclically Adjusted PB Ratio is ranked worse than
81.26% of 427 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs BSP:W1EC34: 2.63

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.

WEC Energy Group's adjusted book value per share data for the three months ended in Jun. 2026 was R$111.138. 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$107.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WEC Energy Group  (BSP:W1EC34) 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.


WEC Energy Group Cyclically Adjusted PB Ratio Related Terms


WEC Energy Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WEC Energy Group'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.

WEC Energy Group Cyclically Adjusted PB Ratio Chart

WEC Energy Group 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 3.21 2.80 2.34 2.46 2.64

WEC Energy Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.64 2.87 2.64 2.84 2.83

BSP:W1EC34 vs PEG, ED, AEE: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, WEC Energy Group'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.


WEC Energy Group Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WEC Energy Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where WEC Energy Group's Cyclically Adjusted PB Ratio falls into.


BSP:W1EC34
74GF Score
WEC Energy Group Inc BSP:W1EC34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WEC Energy Group 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.

WEC Energy Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=296.96/107.09
=2.77

* 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.

WEC Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, WEC Energy Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=111.138/333.9520*333.9520
=111.138

Current CPI (Jun. 2026) = 333.9520.

WEC Energy Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 45.981 241.428 63.603
201612 47.448 241.432 65.631
201703 45.219 243.801 61.940
201706 47.789 244.955 65.152
201709 45.638 246.819 61.749
201712 49.395 246.524 66.913
201803 50.233 249.554 67.222
201806 58.117 251.989 77.020
201809 63.646 252.439 84.197
201812 60.240 251.233 80.074
201903 60.784 254.202 79.854
201906 61.216 256.143 79.812
201909 65.632 256.759 85.364
201912 65.799 256.974 85.509
202003 80.117 258.115 103.656
202006 85.398 257.797 110.625
202009 89.454 260.280 114.774
202012 85.380 260.474 109.465
202103 96.175 264.877 121.256
202106 86.330 271.696 106.112
202109 91.280 274.310 111.127
202112 97.822 278.802 117.172
202203 88.688 287.504 103.016
202206 90.338 296.311 101.814
202209 94.384 296.808 106.196
202212 94.594 296.797 106.436
202303 96.074 301.836 106.296
202306 89.873 305.109 98.369
202309 92.007 307.789 99.828
202312 91.059 306.746 99.135
202403 95.495 312.332 102.105
202406 102.948 314.175 109.428
202409 105.748 315.301 112.003
202412 119.022 315.605 125.941
202503 117.061 319.799 122.242
202506 113.918 322.561 117.941
202509 111.848 324.800 115.000
202512 114.102 324.054 117.587
202603 113.438 330.213 114.722
202606 111.138 333.952 111.138

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 2.77 mean?
WEC Energy Group (BSP:W1EC34) has a Cyclically Adjusted PB Ratio of 2.77 as of Aug. 21, 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 WEC Energy Group and its competitors. This is near median its historical median of 2.99. Over the past decade, WEC Energy Group's Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.16. According to the industry distribution chart, WEC Energy Group ranks #347 out of 427 companies in the Utilities - Regulated industry, placing it in the top 81.3%.
Is WEC Energy Group's Cyclically Adjusted PB Ratio too high?
WEC Energy Group's current Cyclically Adjusted PB Ratio of 2.77 is near median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 4.16. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. WEC Energy Group's value of 2.77 is 81% above this industry median. Based on the distribution chart, WEC Energy Group ranks #347 out of 427 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, WEC Energy Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WEC Energy Group's Cyclically Adjusted PB Ratio compare to PEG and ED?
According to the Utilities - Regulated industry distribution chart, WEC Energy Group ranks #347 out of 427 companies for Cyclically Adjusted PB Ratio. This places WEC Energy Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. WEC Energy Group's value of 2.77 is 81% above this benchmark. Historically, WEC Energy Group's own Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.16 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 1.53, WEC Energy Group 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 1.53, based on 427 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. WEC Energy Group's current Cyclically Adjusted PB Ratio of 2.77 is 81% 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 WEC Energy Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WEC Energy Group's current Cyclically Adjusted PB Ratio is 2.77, which is near median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WEC Energy Group stock overvalued right now?
Based on GuruFocus' analysis, WEC Energy Group (BSP:W1EC34) is currently considered Fairly Valued. The stock's GF Value™ is R$304.38, compared to a current price of R$296.96 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.77, which is near median its 10-year median of 2.99 and 81% above the Utilities - Regulated industry median of 1.53. WEC Energy Group's overall GF Score™ is 74/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For WEC Energy Group (BSP:W1EC34), the current Cyclically Adjusted PB Ratio is 2.77 as of Aug. 21, 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 WEC Energy Group (BSP:W1EC34) Overvalued in 2026?

Based on GuruFocus' analysis, WEC Energy Group stock appears to be undervalued. The current stock price of R$296.96 is trading 2.4% below its estimated GF Value™ of R$304.38. GuruFocus considers WEC Energy Group to be Fairly Valued.

Key valuation signals for BSP:W1EC34:

  • Cyclically Adjusted PB Ratio: 2.77 (near median its 10-year median of 2.99)
  • GF Value™: R$304.38 vs. price of R$296.96 (2.4% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 81% above the Utilities - Regulated median (#347 of 427)

No single metric tells the full story. See the BSP:W1EC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WEC Energy Group Business Description

Address 231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 30% gas distribution, 10% electric transmission, 9% unregulated renewable energy, and 2% LNG distribution and generation.
74GF Score

Get the complete analysis for BSP:W1EC34

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

R$296.96
Price
R$304.38
GF Value