ETRZF (Electra) Cyclically Adjusted PB Ratio: 12.13 (As of Aug. 24, 2026) — 121% Above Median

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ETRZF Electra Ltd ETRZF
86 GF Score
Price $38.94
GF Value $39.34
! 6 Warning Signs
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What is Electra Cyclically Adjusted PB Ratio?

Electra ETRZF -3.25% 86 Cyclically Adjusted PB Ratio is 12.13 as of Aug. 24, 2026, which is 121% above its 10-year median of 5.50. GuruFocus rates ETRZF with a GF Score™ of 86/100 and a GF Value™ of $39.34. The stock has 6 warning signs investors should review. Among 1,269 Construction companies, Electra ranks worse than 89.76% on this metric.

As of today (2026-08-24), Electra's current share price is $38.94. Electra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.21. Electra's Cyclically Adjusted PB Ratio for today is 12.13.

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

ETRZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.46   Med: 5.5   Max: 8.38
Current: 5.03

During the past years, Electra's highest Cyclically Adjusted PB Ratio was 8.38. The lowest was 3.46. And the median was 5.50.

ETRZF's Cyclically Adjusted PB Ratio is ranked worse than
89.76% of 1269 companies
in the Construction industry
Industry Median: 1.13 vs ETRZF: 5.03

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.

Electra's adjusted book value per share data for the three months ended in Mar. 2026 was $7.920. 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 $3.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electra  (OTCPK:ETRZF) 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.


Electra Cyclically Adjusted PB Ratio Related Terms


Electra Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Electra'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.

Electra Cyclically Adjusted PB Ratio Chart

Electra 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 7.41 5.99 4.47 5.56 5.49

Electra 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 4.57 5.58 4.90 5.49 4.38

ETRZF vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Electra'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.


Electra Cyclically Adjusted PB Ratio vs Construction Industry

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

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


ETRZF
86GF Score
Electra Ltd ETRZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.94/3.21
=12.13

* 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.

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

For example, Electra'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)
=7.92/330.2130*330.2130
=7.920

Current CPI (Mar. 2026) = 330.2130.

Electra Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.815 241.018 5.227
201609 3.939 241.428 5.388
201612 4.686 241.432 6.409
201703 3.930 243.801 5.323
201706 4.057 244.955 5.469
201709 4.236 246.819 5.667
201712 4.340 246.524 5.813
201803 4.389 249.554 5.808
201806 4.532 251.989 5.939
201809 0.000 252.439 0.000
201812 4.508 251.233 5.925
201903 4.429 254.202 5.753
201906 4.589 256.143 5.916
201909 4.750 256.759 6.109
201912 4.984 256.974 6.404
202003 5.429 258.115 6.945
202006 5.625 257.797 7.205
202009 5.582 260.280 7.082
202012 5.193 260.474 6.583
202103 5.166 264.877 6.440
202106 5.360 271.696 6.514
202109 5.279 274.310 6.355
202112 5.356 278.802 6.344
202203 5.427 287.504 6.233
202206 6.570 296.311 7.322
202209 6.541 296.808 7.277
202212 6.704 296.797 7.459
202303 6.783 301.836 7.421
202306 7.041 305.109 7.620
202309 7.075 307.789 7.590
202312 7.083 306.746 7.625
202403 7.324 312.332 7.743
202406 7.709 314.175 8.103
202409 7.947 315.301 8.323
202412 7.894 315.605 8.259
202503 8.274 319.799 8.543
202506 8.204 322.561 8.399
202509 7.911 324.800 8.043
202512 7.969 324.054 8.120
202603 7.920 330.213 7.920

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 12.13 mean?
Electra (ETRZF) has a Cyclically Adjusted PB Ratio of 12.13 as of Aug. 24, 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 Electra and its competitors. This is 121% above median its historical median of 5.50. Over the past decade, Electra's Cyclically Adjusted PB Ratio has ranged from 3.46 to 8.38. According to the industry distribution chart, Electra ranks #1139 out of 1269 companies in the Construction industry, placing it in the top 89.8%.
Is Electra's Cyclically Adjusted PB Ratio too high?
Electra's current Cyclically Adjusted PB Ratio of 12.13 is 121% above median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 8.38. The Construction industry median Cyclically Adjusted PB Ratio is 1.13. Electra's value of 12.13 is 973.5% above this industry median. Based on the distribution chart, Electra ranks #1139 out of 1269 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Electra has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Electra's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Electra ranks #1139 out of 1269 companies for Cyclically Adjusted PB Ratio. This places Electra in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Electra's value of 12.13 is 973.5% above this benchmark. Historically, Electra's own Cyclically Adjusted PB Ratio has ranged from 3.46 to 8.38 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 1.13, Electra 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.13, based on 1,269 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. Electra's current Cyclically Adjusted PB Ratio of 12.13 is 973.5% 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 Electra and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electra's current Cyclically Adjusted PB Ratio is 12.13, which is 121% above median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electra stock overvalued right now?
Electra (ETRZF) has a current Cyclically Adjusted PB Ratio of 12.13. The stock's GF Value™ is $39.34, compared to a current price of $38.94 — trading 1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.13, which is 121% above median its 10-year median of 5.50 and 973.5% above the Construction industry median of 1.13. Electra's overall GF Score™ is 86/100 with 6 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 Electra (ETRZF), the current Cyclically Adjusted PB Ratio is 12.13 as of Aug. 24, 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 Electra (ETRZF) Overvalued in 2026?

Based on GuruFocus' analysis, Electra stock appears to be undervalued. The current stock price of $38.94 is trading 1% below its estimated GF Value™ of $39.34.

Key valuation signals for ETRZF:

  • Cyclically Adjusted PB Ratio: 12.13 (121% above median its 10-year median of 5.50)
  • GF Value™: $39.34 vs. price of $38.94 (1% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 973.5% above the Construction median (#1139 of 1269)

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


Electra Business Description

Other Exchanges ELTR:Israel
Address 2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501
Electra Ltd is an Israel-based engineering and construction company. The group operates through various segment namely the construction and infrastructure projects in Israel segment, the construction and infrastructure projects abroad segment, the facility management segment, the development and construction of entrepreneurial real estate segment and the concessions segment. Its business activities include contracting large-scale projects, including residential projects, hospitals, transportation projects, providing maintenance solutions and others.
86GF Score

Get the complete analysis for ETRZF

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

$38.94
Price
$39.34
GF Value