Polaris Renewable Energy (FRA:N4T) Cyclically Adjusted PB Ratio: 0.79 (As of Aug. 07, 2026) — 2533% Above Median

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FRA:N4T Polaris Renewable Energy Inc FRA:N4T
74 GF Score
Price €9.40
GF Value €7.68
Valuation Modestly Overvalued
! 13 Warning Signs
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What is Polaris Renewable Energy Cyclically Adjusted PB Ratio?

Polaris Renewable Energy FRA:N4T +2.17% 74 Cyclically Adjusted PB Ratio is 0.79 as of Aug. 07, 2026, which is 2533% above its 10-year median of 0.03. GuruFocus rates FRA:N4T with a GF Score™ of 74/100 and a GF Value™ of €7.68 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 277 Utilities - Independent Power Producers companies, Polaris Renewable Energy ranks better than 59.93% on this metric.

As of today (2026-08-07), Polaris Renewable Energy's current share price is €9.40. Polaris Renewable Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.90. Polaris Renewable Energy's Cyclically Adjusted PB Ratio for today is 0.79.

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

FRA:N4T' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.81
Current: 0.79

During the past years, Polaris Renewable Energy's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.01. And the median was 0.03.

FRA:N4T's Cyclically Adjusted PB Ratio is ranked better than
59.93% of 277 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.08 vs FRA:N4T: 0.79

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.

Polaris Renewable Energy's adjusted book value per share data for the three months ended in Jun. 2026 was €9.773. 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 €11.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris Renewable Energy  (FRA:N4T) 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.


Polaris Renewable Energy Cyclically Adjusted PB Ratio Related Terms


Polaris Renewable Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Polaris Renewable Energy'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.

Polaris Renewable Energy Cyclically Adjusted PB Ratio Chart

Polaris Renewable Energy 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 0.04 0.05 0.08 0.27 0.61

Polaris Renewable Energy 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 0.61 0.69 0.61 0.63 0.78

Polaris Renewable Energy Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.


Polaris Renewable Energy Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:N4T
74GF Score
Polaris Renewable Energy Inc FRA:N4T
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Renewable Energy 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.

Polaris Renewable Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.40/11.90
=0.79

* 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.

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

For example, Polaris Renewable Energy'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)
=9.773/133.5265*133.5265
=9.773

Current CPI (Jun. 2026) = 133.5265.

Polaris Renewable Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.068 101.765 14.522
201612 11.789 101.449 15.517
201703 11.457 102.634 14.906
201706 10.789 103.029 13.983
201709 10.113 103.345 13.066
201712 10.114 103.345 13.068
201803 9.614 105.004 12.225
201806 10.234 105.557 12.946
201809 10.337 105.636 13.066
201812 11.429 105.399 14.479
201903 11.275 106.979 14.073
201906 11.030 107.690 13.676
201909 11.337 107.611 14.067
201912 11.990 107.769 14.856
202003 12.172 107.927 15.059
202006 11.752 108.401 14.476
202009 11.181 108.164 13.803
202012 11.972 108.559 14.725
202103 11.612 110.298 14.058
202106 11.357 111.720 13.574
202109 11.607 112.905 13.727
202112 11.910 113.774 13.978
202203 12.141 117.646 13.780
202206 12.437 120.806 13.747
202209 12.959 120.648 14.342
202212 12.108 120.964 13.365
202303 12.051 122.702 13.114
202306 11.977 124.203 12.876
202309 12.067 125.230 12.866
202312 11.726 125.072 12.519
202403 11.813 126.258 12.493
202406 11.836 127.522 12.393
202409 11.365 127.285 11.922
202412 11.781 127.364 12.351
202503 10.813 129.181 11.177
202506 10.101 129.892 10.384
202509 9.789 130.287 10.032
202512 9.935 130.366 10.176
202603 9.905 132.262 10.000
202606 9.773 133.527 9.773

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 0.79 mean?
Polaris Renewable Energy (FRA:N4T) has a Cyclically Adjusted PB Ratio of 0.79 as of Aug. 07, 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 Polaris Renewable Energy and its competitors. This is 2533% above median its historical median of 0.03. Over the past decade, Polaris Renewable Energy's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.81. According to the industry distribution chart, Polaris Renewable Energy ranks #111 out of 277 companies in the Utilities - Independent Power Producers industry, placing it in the top 40.1%.
Is Polaris Renewable Energy's Cyclically Adjusted PB Ratio too high?
Polaris Renewable Energy's current Cyclically Adjusted PB Ratio of 0.79 is 2533% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.81. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.08. Polaris Renewable Energy's value of 0.79 is 26.9% below this industry median. Based on the distribution chart, Polaris Renewable Energy ranks #111 out of 277 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Polaris Renewable Energy has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Renewable Energy's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Polaris Renewable Energy ranks #111 out of 277 companies for Cyclically Adjusted PB Ratio. This puts Polaris Renewable Energy in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Polaris Renewable Energy's value of 0.79 is 26.9% below this benchmark. Historically, Polaris Renewable Energy's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.81 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.08, Polaris Renewable Energy 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 - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.08, based on 277 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. Polaris Renewable Energy's current Cyclically Adjusted PB Ratio of 0.79 is 26.9% 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 Polaris Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Renewable Energy's current Cyclically Adjusted PB Ratio is 0.79, which is 2533% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Renewable Energy stock overvalued right now?
Based on GuruFocus' analysis, Polaris Renewable Energy (FRA:N4T) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.68, compared to a current price of €9.40 — trading 22.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 2533% above median its 10-year median of 0.03 and 26.9% below the Utilities - Independent Power Producers industry median of 1.08. Polaris Renewable Energy's overall GF Score™ is 74/100 with 13 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 Polaris Renewable Energy (FRA:N4T), the current Cyclically Adjusted PB Ratio is 0.79 as of Aug. 07, 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 Polaris Renewable Energy (FRA:N4T) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris Renewable Energy stock appears to be overvalued. The current stock price of €9.40 is trading 22.4% above its estimated GF Value™ of €7.68. GuruFocus considers Polaris Renewable Energy to be Modestly Overvalued.

Key valuation signals for FRA:N4T:

  • Cyclically Adjusted PB Ratio: 0.79 (2533% above median its 10-year median of 0.03)
  • GF Value™: €7.68 vs. price of €9.40 (22.4% above fair value)
  • GF Score™: 74/100 with 13 warning signs
  • Industry Position: 26.9% below the Utilities - Independent Power Producers median (#111 of 277)

No single metric tells the full story. See the FRA:N4T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polaris Renewable Energy Business Description

Other Exchanges RAMPF:USAPIF:Canada
Address 7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. The company has six reportable operating segments: 1) Nicaragua: It includes acquisition, exploration, development and operation of a geothermal project, 2) Peru: It includes acquisition, development and operation of hydroelectric projects, 3) Panama: It includes acquisition, development and operation of solar projects, 4) Dominican Republic: It includes acquisition, development and operation of solar projects, 5) Puerto Rico: It includes acquisition, development and operation of onshore wind farms, 6) Ecuador: It includes acquisition and operation of hydroelectric projects. The majority of revenue is derived from Nicaragua.
74GF Score

Get the complete analysis for FRA:N4T

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

€9.40
Price
€7.68
GF Value