Cia Paranaense De Energia Copel (FRA:ELP0) Cyclically Adjusted PB Ratio: 1.54 (As of Aug. 31, 2026) — 77% Above Median

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FRA:ELP0 Cia Paranaense De Energia Copel FRA:ELP0
46 GF Score
Price €2.12
GF Value €1.69
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio?

Cia Paranaense De Energia Copel FRA:ELP0 46 Cyclically Adjusted PB Ratio is 1.54 as of Aug. 31, 2026, which is 77% above its 10-year median of 0.87. GuruFocus rates FRA:ELP0 with a GF Score™ of 46/100 and a GF Value™ of €1.69 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 424 Utilities - Regulated companies, Cia Paranaense De Energia Copel ranks worse than 54.48% on this metric.

As of today (2026-08-31), Cia Paranaense De Energia Copel's current share price is €2.12. Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.38. Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio for today is 1.54.

The historical rank and industry rank for Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:ELP0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.87   Max: 1.84
Current: 1.61

During the past years, Cia Paranaense De Energia Copel's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.29. And the median was 0.87.

FRA:ELP0's Cyclically Adjusted PB Ratio is ranked worse than
54.48% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.535 vs FRA:ELP0: 1.61

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.

Cia Paranaense De Energia Copel's adjusted book value per share data for the three months ended in Jun. 2026 was €1.376. 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 €1.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cia Paranaense De Energia Copel  (FRA:ELP0) 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.


Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio Related Terms


Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio Chart

Cia Paranaense De Energia Copel 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 0.82 0.88 1.17 0.97 1.47

Cia Paranaense De Energia Copel 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 1.33 1.36 1.47 1.71 1.64

FRA:ELP0 vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio falls into.


FRA:ELP0
46GF Score
Cia Paranaense De Energia Copel FRA:ELP0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cia Paranaense De Energia Copel 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.12/1.38
=1.54

* 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cia Paranaense De Energia Copel'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)
=1.376/177.5443*177.5443
=1.376

Current CPI (Jun. 2026) = 177.5443.

Cia Paranaense De Energia Copel Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.530 109.986 2.470
201612 1.520 110.802 2.436
201703 1.669 111.869 2.649
201706 1.499 112.115 2.374
201709 1.525 112.777 2.401
201712 1.425 114.068 2.218
201803 1.403 114.868 2.169
201806 1.316 117.038 1.996
201809 1.237 117.881 1.863
201812 1.326 118.340 1.989
201903 1.392 120.124 2.057
201906 1.416 120.977 2.078
201909 1.406 121.292 2.058
201912 1.382 123.436 1.988
202003 1.202 124.092 1.720
202006 1.212 123.557 1.742
202009 1.152 125.095 1.635
202012 1.165 129.012 1.603
202103 1.048 131.660 1.413
202106 1.217 133.871 1.614
202109 1.269 137.913 1.634
202112 1.249 141.992 1.562
202203 1.500 146.537 1.817
202206 1.410 149.784 1.671
202209 1.476 147.800 1.773
202212 1.369 150.207 1.618
202303 1.405 153.352 1.627
202306 1.512 154.519 1.737
202309 1.479 155.464 1.689
202312 1.499 157.148 1.694
202403 1.512 159.372 1.684
202406 1.432 161.052 1.579
202409 1.391 162.342 1.521
202412 1.350 164.740 1.455
202503 1.421 168.102 1.501
202506 1.348 169.670 1.411
202509 1.390 170.739 1.445
202512 1.219 171.765 1.260
202603 1.327 175.066 1.346
202606 1.376 177.544 1.376

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 1.54 mean?
Cia Paranaense De Energia Copel (FRA:ELP0) has a Cyclically Adjusted PB Ratio of 1.54 as of Aug. 31, 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 Cia Paranaense De Energia Copel and its competitors. This is 77% above median its historical median of 0.87. Over the past decade, Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.84. According to the industry distribution chart, Cia Paranaense De Energia Copel ranks #231 out of 424 companies in the Utilities - Regulated industry, placing it in the top 54.5%.
Is Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio too high?
Cia Paranaense De Energia Copel's current Cyclically Adjusted PB Ratio of 1.54 is 77% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.84. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.54. Cia Paranaense De Energia Copel's value of 1.54 is 0.3% above this industry median. Based on the distribution chart, Cia Paranaense De Energia Copel ranks #231 out of 424 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Cia Paranaense De Energia Copel has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Paranaense De Energia Copel ranks #231 out of 424 companies for Cyclically Adjusted PB Ratio. This places Cia Paranaense De Energia Copel in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Cia Paranaense De Energia Copel's value of 1.54 is 0.3% above this benchmark. Historically, Cia Paranaense De Energia Copel's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.84 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.54, Cia Paranaense De Energia Copel 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 1.54, based on 424 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. Cia Paranaense De Energia Copel's current Cyclically Adjusted PB Ratio of 1.54 is 0.3% 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 Cia Paranaense De Energia Copel and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Paranaense De Energia Copel's current Cyclically Adjusted PB Ratio is 1.54, which is 77% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Paranaense De Energia Copel stock overvalued right now?
Based on GuruFocus' analysis, Cia Paranaense De Energia Copel (FRA:ELP0) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.69, compared to a current price of €2.12 — trading 25.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.54, which is 77% above median its 10-year median of 0.87 and 0.3% above the Utilities - Regulated industry median of 1.54. Cia Paranaense De Energia Copel's overall GF Score™ is 46/100 with 3 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 Cia Paranaense De Energia Copel (FRA:ELP0), the current Cyclically Adjusted PB Ratio is 1.54 as of Aug. 31, 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 Cia Paranaense De Energia Copel (FRA:ELP0) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Paranaense De Energia Copel stock appears to be overvalued. The current stock price of €2.12 is trading 25.4% above its estimated GF Value™ of €1.69. GuruFocus considers Cia Paranaense De Energia Copel to be Modestly Overvalued.

Key valuation signals for FRA:ELP0:

  • Cyclically Adjusted PB Ratio: 1.54 (77% above median its 10-year median of 0.87)
  • GF Value™: €1.69 vs. price of €2.12 (25.4% above fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 0.3% above the Utilities - Regulated median (#231 of 424)

No single metric tells the full story. See the FRA:ELP0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cia Paranaense De Energia Copel Business Description

Other Exchanges ELPC:USACPLE3:Brazil
Address Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is engaged in the areas of generation, transmission, commercialization and distribution of energy. It operates a comprehensive and effective electrical system with its own generating plants, transmission lines, substations, electrical lines and grids of the distribution system. The company's reportable segments include Power generation and transmission, Power distribution, GAS, Power Sale, Services, and Holding. The majority of its revenue is generated from the Power distribution segment under which it provides public electricity distribution services, being responsible for the operation and maintenance of the distribution infrastructure, as well as providing related services.
46GF Score

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

€2.12
Price
€1.69
GF Value