ELEZY (Endesa) Cyclically Adjusted PB Ratio: (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
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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.

ELEZY Endesa SA ELEZY
49 GF Score
Price $23.92
GF Value $11.33
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Endesa Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Endesa  (OTCPK:ELEZY) 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.


Endesa Cyclically Adjusted PB Ratio Related Terms


Endesa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Endesa'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.

Endesa Cyclically Adjusted PB Ratio Chart

Endesa 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 1.58 1.56 1.88 2.37 3.51

Endesa 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 3.06 3.13 3.51 4.12 0.00

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

For the Utilities - Regulated Electric subindustry, Endesa'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.


Endesa Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


ELEZY
49GF Score
Endesa SA ELEZY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Endesa 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.

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

For example, Endesa'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)
=4.568/130.5100*130.5100
=4.568

Current CPI (Jun. 2026) = 130.5100.

Endesa Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.168 99.737 6.763
201612 4.460 101.842 5.715
201703 4.646 100.896 6.010
201706 4.719 101.848 6.047
201709 5.250 101.524 6.749
201712 5.084 102.975 6.443
201803 5.520 102.122 7.054
201806 5.073 104.165 6.356
201809 5.275 103.818 6.631
201812 4.855 104.193 6.081
201903 5.086 103.488 6.414
201906 4.775 104.612 5.957
201909 4.336 103.905 5.446
201912 4.034 105.015 5.013
202003 4.483 103.469 5.655
202006 4.305 104.254 5.389
202009 4.661 103.521 5.876
202012 4.203 104.456 5.251
202103 4.472 104.857 5.566
202106 3.911 107.102 4.766
202109 3.808 107.669 4.616
202112 2.871 111.298 3.367
202203 2.482 115.153 2.813
202206 2.055 118.044 2.272
202209 0.820 117.221 0.913
202212 2.780 117.650 3.084
202303 3.591 118.948 3.940
202306 3.189 120.278 3.460
202309 3.657 121.343 3.933
202312 3.615 121.300 3.889
202403 3.962 122.762 4.212
202406 3.853 124.409 4.042
202409 4.242 123.121 4.497
202412 4.011 124.753 4.196
202503 4.537 125.531 4.717
202506 4.543 127.251 4.659
202509 4.881 126.840 5.022
202512 4.803 128.400 4.882
202603 4.807 129.860 4.831
202606 4.568 130.510 4.568

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 Endesa (ELEZY) Overvalued in 2026?

Based on GuruFocus' analysis, Endesa stock appears to be overvalued. The current stock price of $23.92 is trading 111.1% above its estimated GF Value™ of $11.33. GuruFocus considers Endesa to be Significantly Overvalued.

Key valuation signals for ELEZY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $11.33 vs. price of $23.92 (111.1% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Endesa Business Description

Address Calle Ribera del Loira, 60, Madrid, ESP, 28042
Endesa generates, distributes, and supplies electricity in Spain and Portugal. The company has 21.5 gigawatts of installed generation capacity split among hydroelectric, nuclear, natural gas, oil, solar, and wind. Endesa also supplies gas to retail and business customers in Spain and France.
49GF Score

Get the complete analysis for ELEZY

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

$23.92
Price
$11.33
GF Value