Enea (ENEAY) Cyclically Adjusted PB Ratio: 0.60 (As of Jul. 17, 2026) — 122% Above Median

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ENEAY Enea SA ENEAY
51 GF Score
Price $22.48
GF Value $8.23
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Enea Cyclically Adjusted PB Ratio?

Enea ENEAY 51 Cyclically Adjusted PB Ratio is 0.60 as of Jul. 17, 2026, which is 122% above its 10-year median of 0.27. GuruFocus rates ENEAY with a GF Score™ of 51/100 and a GF Value™ of $8.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 440 Utilities - Regulated companies, Enea ranks better than 84.55% on this metric.

As of today (2026-07-17), Enea's current share price is $22.48. Enea's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $37.55. Enea's Cyclically Adjusted PB Ratio for today is 0.60.

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

ENEAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.27   Max: 0.64
Current: 0.49

During the past years, Enea's highest Cyclically Adjusted PB Ratio was 0.64. The lowest was 0.12. And the median was 0.27.

ENEAY's Cyclically Adjusted PB Ratio is ranked better than
84.55% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.525 vs ENEAY: 0.49

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.

Enea's adjusted book value per share data for the three months ended in Mar. 2026 was $35.161. 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 $37.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enea  (OTCPK:ENEAY) 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.


Enea Cyclically Adjusted PB Ratio Related Terms


Enea Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Enea'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.

Enea Cyclically Adjusted PB Ratio Chart

Enea 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 0.26 0.16 0.23 0.32 0.49

Enea 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 0.38 0.48 0.44 0.49 0.60

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

For the Utilities - Regulated Electric subindustry, Enea'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.


Enea Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


ENEAY
51GF Score
Enea SA ENEAY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enea 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.

Enea's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.48/37.55
=0.60

* 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.

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

For example, Enea'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)
=35.161/163.0700*163.0700
=35.161

Current CPI (Mar. 2026) = 163.0700.

Enea Quarterly Data

Book Value per Share CPI Adj_Book
201606 28.005 99.552 45.873
201609 28.600 99.064 47.079
201612 29.021 100.366 47.152
201703 29.709 101.018 47.958
201706 30.040 101.180 48.415
201709 30.528 101.343 49.122
201712 31.171 102.564 49.560
201803 32.622 102.564 51.867
201806 33.009 103.378 52.069
201809 33.372 103.378 52.641
201812 33.599 103.785 52.792
201903 34.173 104.274 53.442
201906 34.812 105.983 53.563
201909 35.717 105.983 54.956
201912 34.454 107.123 52.448
202003 35.323 109.076 52.808
202006 33.856 109.402 50.464
202009 33.963 109.320 50.662
202012 28.689 109.565 42.699
202103 29.708 112.658 43.002
202106 30.558 113.960 43.727
202109 31.979 115.588 45.116
202112 33.431 119.088 45.778
202203 34.800 125.031 45.388
202206 31.319 131.705 38.777
202209 31.365 135.531 37.738
202212 29.544 139.113 34.632
202303 29.869 145.950 33.373
202306 28.969 147.009 32.134
202309 30.279 146.113 33.793
202312 27.685 147.741 30.557
202403 29.674 149.044 32.467
202406 32.224 150.997 34.800
202409 34.138 153.439 36.281
202412 30.408 154.660 32.061
202503 32.478 157.021 33.729
202506 33.602 157.509 34.788
202509 35.080 158.000 36.206
202512 33.303 158.320 34.302
202603 35.161 163.070 35.161

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 0.60 mean?
Enea (ENEAY) has a Cyclically Adjusted PB Ratio of 0.60 as of Jul. 17, 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 Enea and its competitors. This is 122% above median its historical median of 0.27. Over the past decade, Enea's Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.64. According to the industry distribution chart, Enea ranks #68 out of 440 companies in the Utilities - Regulated industry, placing it in the top 15.5%.
Is Enea's Cyclically Adjusted PB Ratio too high?
Enea's current Cyclically Adjusted PB Ratio of 0.60 is 122% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.64. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Enea's value of 0.60 is 60.7% below this industry median. Based on the distribution chart, Enea ranks #68 out of 440 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Enea has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enea's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Enea ranks #68 out of 440 companies for Cyclically Adjusted PB Ratio. This places Enea in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. Enea's value of 0.60 is 60.7% below this benchmark. Historically, Enea's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.64 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 1.53, Enea has consistently been below 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 440 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. Enea's current Cyclically Adjusted PB Ratio of 0.60 is 60.7% below 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 Enea 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. Enea's current Cyclically Adjusted PB Ratio is 0.60, which is 122% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enea stock overvalued right now?
Based on GuruFocus' analysis, Enea (ENEAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.23, compared to a current price of $22.48 — trading 173.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 122% above median its 10-year median of 0.27 and 60.7% below the Utilities - Regulated industry median of 1.53. Enea's overall GF Score™ is 51/100 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 Enea (ENEAY), the current Cyclically Adjusted PB Ratio is 0.60 as of Jul. 17, 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 Enea (ENEAY) Overvalued in 2026?

Based on GuruFocus' analysis, Enea stock appears to be overvalued. The current stock price of $22.48 is trading 173.1% above its estimated GF Value™ of $8.23. GuruFocus considers Enea to be Significantly Overvalued.

Key valuation signals for ENEAY:

  • Cyclically Adjusted PB Ratio: 0.60 (122% above median its 10-year median of 0.27)
  • GF Value™: $8.23 vs. price of $22.48 (173.1% above fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 60.7% below the Utilities - Regulated median (#68 of 440)

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


Enea Business Description

Other Exchanges ENA:Poland58S:Germany
Address ul. Gorecka 1, Poznan, POL, 60-201
Enea SA is a Polish energy group involved in the production, transmission, and sale of electricity to homes and businesses. Enea segments its operations into Mining, Generation, Distribution, and Trading. Enea supplies coal as raw material to generate electricity and heat to distribute and trade to customers. Collectively, Enea generates a sizable amount of Poland's total energy production. The majority of the company's revenue is derived from the sale of electricity produced by coal- and gas-fired facilities. The distribution of electricity to business customers and households also represents a significant revenue stream. Enea primarily serves individual consumers, small- and medium-sized companies, and large industrial plants in Poland.
51GF Score

Get the complete analysis for ENEAY

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

$22.48
Price
$8.23
GF Value