Grenergy Renovables (CHIX:GREE) Cyclically Adjusted PB Ratio: (As of Jul. 27, 2026)

Author: Vera Yuan Vera Yuan
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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.

CHIX:GREE Grenergy Renovables SA CHIX:GREE
87 GF Score
Price €122.20
GF Value €175.95
Valuation Possible Value Trap
! 6 Warning Signs
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What is Grenergy Renovables Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grenergy Renovables  (CHIX:GREe) 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.


Grenergy Renovables Cyclically Adjusted PB Ratio Related Terms


Grenergy Renovables Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grenergy Renovables'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.

Grenergy Renovables Cyclically Adjusted PB Ratio Chart

Grenergy Renovables 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 0.00 0.00 9.95 6.34 0.00

Grenergy Renovables Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.95 0.00 6.34 0.00 0.00

CHIX:GREE vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Grenergy Renovables'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.


Grenergy Renovables Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Grenergy Renovables's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:GREE
87GF Score
Grenergy Renovables SA CHIX:GREE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grenergy Renovables 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.

Grenergy Renovables's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Grenergy Renovables's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=14.82/128.4000*128.4000
=14.820

Current CPI (Dec25) = 128.4000.

Grenergy Renovables Annual Data

Book Value per Share CPI Adj_Book
201612 0.537 101.842 0.677
201712 0.659 102.975 0.822
201812 1.091 104.193 1.344
201912 1.568 105.015 1.917
202012 2.066 104.456 2.540
202112 5.826 111.298 6.721
202212 8.168 117.650 8.914
202312 11.695 121.300 12.380
202412 16.517 124.753 17.000
202512 14.820 128.400 14.820

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.

Is Grenergy Renovables (CHIX:GREE) Overvalued in 2026?

Based on GuruFocus' analysis, Grenergy Renovables stock appears to be undervalued. The current stock price of €122.20 is trading 30.5% below its estimated GF Value™ of €175.95. GuruFocus considers Grenergy Renovables to be Possible Value Trap.

Key valuation signals for CHIX:GREE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €175.95 vs. price of €122.20 (30.5% below fair value)
  • GF Score™: 87/100 with 6 warning signs

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


Grenergy Renovables Business Description

Address Calle Rafael Boti, 26, Madrid, ESP, 28023
Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including the promotion, commercialization, and construction of renewable energy installations, the production and commercialization of electric energy as well as any complementary activities, and the management and operation of renewable energy installations. It operates in segments that include: Development and Construction which also generates key revenue for the company; Energy; Commercialization, and Services. Geographically, the company generates revenue from Chile, Mexico, Peru, Argentina, Colombia, Spain and other regions.
87GF Score

Get the complete analysis for CHIX:GREE

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

€122.20
Price
€175.95
GF Value