EDN (Empresa Distribuidora y Comercializadora Norte) Cyclically Adjusted PB Ratio: 3.44 (As of Aug. 04, 2026) — 37% Below Median

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EDN Empresa Distribuidora y Comercializadora Norte SA EDN
68 GF Score
Price $26.39
GF Value $22.81
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted PB Ratio?

Empresa Distribuidora y Comercializadora Norte EDN -1.64% 68 Cyclically Adjusted PB Ratio is 3.44 as of Aug. 04, 2026, which is 37% below its 10-year median of 5.47. GuruFocus rates EDN with a GF Score™ of 68/100 and a GF Value™ of $22.81 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 438 Utilities - Regulated companies, Empresa Distribuidora y Comercializadora Norte ranks worse than 90.18% on this metric.

As of today (2026-08-04), Empresa Distribuidora y Comercializadora Norte's current share price is $26.39. Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.67. Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio for today is 3.44.

The historical rank and industry rank for Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio or its related term are showing as below:

EDN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 5.47   Max: 28.34
Current: 3.69

During the past years, Empresa Distribuidora y Comercializadora Norte's highest Cyclically Adjusted PB Ratio was 28.34. The lowest was 1.24. And the median was 5.47.

EDN's Cyclically Adjusted PB Ratio is ranked worse than
90.18% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.515 vs EDN: 3.69

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.

Empresa Distribuidora y Comercializadora Norte's adjusted book value per share data for the three months ended in Mar. 2026 was $41.663. 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 $7.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Empresa Distribuidora y Comercializadora Norte  (NYSE:EDN) 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.


Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted PB Ratio Related Terms


Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted PB Ratio Chart

Empresa Distribuidora y Comercializadora Norte 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 1.95 2.01 7.59 9.67 4.75

Empresa Distribuidora y Comercializadora Norte 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 6.41 4.33 2.77 4.75 3.92

EDN vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Empresa Distribuidora y Comercializadora Norte'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.


Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio falls into.


EDN
68GF Score
Empresa Distribuidora y Comercializadora Norte SA EDN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Empresa Distribuidora y Comercializadora Norte 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.

Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.39/7.67
=3.44

* 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.

Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Empresa Distribuidora y Comercializadora Norte'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)
=41.663/330.2130*330.2130
=41.663

Current CPI (Mar. 2026) = 330.2130.

Empresa Distribuidora y Comercializadora Norte Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.542 241.018 0.743
201609 -0.474 241.428 -0.648
201612 0.504 241.432 0.689
201703 1.152 243.801 1.560
201706 0.988 244.955 1.332
201709 1.330 246.819 1.779
201712 32.394 246.524 43.391
201803 2.715 249.554 3.593
201806 1.388 251.989 1.819
201809 1.461 252.439 1.911
201812 28.604 251.233 37.596
201903 20.059 254.202 26.057
201906 24.690 256.143 31.830
201909 22.271 256.759 28.642
201912 30.788 256.974 39.563
202003 23.676 258.115 30.289
202006 21.854 257.797 27.993
202009 21.803 260.280 27.661
202012 26.653 260.474 33.789
202103 17.857 264.877 22.262
202106 16.193 271.696 19.681
202109 17.013 274.310 20.480
202112 32.478 278.802 38.467
202203 17.607 287.504 20.223
202206 17.202 296.311 19.170
202209 17.146 296.808 19.076
202212 142.150 296.797 158.154
202303 16.538 301.836 18.093
202306 16.394 305.109 17.743
202309 20.119 307.789 21.585
202312 77.990 306.746 83.956
202403 19.417 312.332 20.529
202406 22.865 314.175 24.032
202409 26.901 315.301 28.173
202412 44.831 315.605 46.906
202503 35.824 319.799 36.991
202506 35.889 322.561 36.740
202509 33.932 324.800 34.497
202512 34.978 324.054 35.643
202603 41.663 330.213 41.663

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 3.44 mean?
Empresa Distribuidora y Comercializadora Norte (EDN) has a Cyclically Adjusted PB Ratio of 3.44 as of Aug. 04, 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 Empresa Distribuidora y Comercializadora Norte and its competitors. This is 37% below median its historical median of 5.47. Over the past decade, Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio has ranged from 1.24 to 28.34. According to the industry distribution chart, Empresa Distribuidora y Comercializadora Norte ranks #395 out of 438 companies in the Utilities - Regulated industry, placing it in the top 90.2%.
Is Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio too high?
Empresa Distribuidora y Comercializadora Norte's current Cyclically Adjusted PB Ratio of 3.44 is 37% below median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 28.34. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Empresa Distribuidora y Comercializadora Norte's value of 3.44 is 127.1% above this industry median. Based on the distribution chart, Empresa Distribuidora y Comercializadora Norte ranks #395 out of 438 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Empresa Distribuidora y Comercializadora Norte has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Empresa Distribuidora y Comercializadora Norte ranks #395 out of 438 companies for Cyclically Adjusted PB Ratio. This places Empresa Distribuidora y Comercializadora Norte in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Empresa Distribuidora y Comercializadora Norte's value of 3.44 is 127.1% above this benchmark. Historically, Empresa Distribuidora y Comercializadora Norte's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 28.34 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 1.52, Empresa Distribuidora y Comercializadora Norte 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 438 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. Empresa Distribuidora y Comercializadora Norte's current Cyclically Adjusted PB Ratio of 3.44 is 127.1% 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 Empresa Distribuidora y Comercializadora Norte 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. Empresa Distribuidora y Comercializadora Norte's current Cyclically Adjusted PB Ratio is 3.44, which is 37% below median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Distribuidora y Comercializadora Norte stock overvalued right now?
Based on GuruFocus' analysis, Empresa Distribuidora y Comercializadora Norte (EDN) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.81, compared to a current price of $26.39 — trading 15.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.44, which is 37% below median its 10-year median of 5.47 and 127.1% above the Utilities - Regulated industry median of 1.52. Empresa Distribuidora y Comercializadora Norte's overall GF Score™ is 68/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Empresa Distribuidora y Comercializadora Norte (EDN), the current Cyclically Adjusted PB Ratio is 3.44 as of Aug. 04, 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 Empresa Distribuidora y Comercializadora Norte (EDN) Overvalued in 2026?

Based on GuruFocus' analysis, Empresa Distribuidora y Comercializadora Norte stock appears to be overvalued. The current stock price of $26.39 is trading 15.7% above its estimated GF Value™ of $22.81. GuruFocus considers Empresa Distribuidora y Comercializadora Norte to be Modestly Overvalued.

Key valuation signals for EDN:

  • Cyclically Adjusted PB Ratio: 3.44 (37% below median its 10-year median of 5.47)
  • GF Value™: $22.81 vs. price of $26.39 (15.7% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 127.1% above the Utilities - Regulated median (#395 of 438)

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


Empresa Distribuidora y Comercializadora Norte Business Description

Other Exchanges PWD1:GermanyEDN:Argentina
Address 6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG
Empresa Distribuidora y Comercializadora Norte SA is engaged in the distribution and sale of electricity. The firm's concession area covers the northern portion of the city of Buenos Aires, mainly for residential, commercial, industrial, and public service.
68GF Score

Get the complete analysis for EDN

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

$26.39
Price
$22.81
GF Value