Energy (FRA:R51) Cyclically Adjusted PB Ratio: 2.46 (As of Aug. 05, 2026) — 31% Above Median

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FRA:R51 Energy SA FRA:R51
26 GF Score
Price €0.05
! 3 Warning Signs
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What is Energy Cyclically Adjusted PB Ratio?

Energy FRA:R51 -0.81% 26 Cyclically Adjusted PB Ratio is 2.46 as of Aug. 05, 2026, which is 31% above its 10-year median of 1.88. GuruFocus rates FRA:R51 with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 470 Conglomerates companies, Energy ranks worse than 82.77% on this metric.

As of today (2026-08-05), Energy's current share price is €0.0492. Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.02. Energy's Cyclically Adjusted PB Ratio for today is 2.46.

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

FRA:R51' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.88   Max: 3.53
Current: 3.06

During the past years, Energy's highest Cyclically Adjusted PB Ratio was 3.53. The lowest was 0.92. And the median was 1.88.

FRA:R51's Cyclically Adjusted PB Ratio is ranked worse than
82.77% of 470 companies
in the Conglomerates industry
Industry Median: 1.02 vs FRA:R51: 3.06

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.

Energy's adjusted book value per share data for the three months ended in Mar. 2026 was €0.009. 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 €0.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy  (FRA:R51) 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.


Energy Cyclically Adjusted PB Ratio Related Terms


Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for 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.

Energy Cyclically Adjusted PB Ratio Chart

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 0.00 0.00 0.00 0.00 2.84

Energy 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 0.00 0.00 1.46 2.84 2.46

FRA:R51 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, 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.


Energy Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


FRA:R51
26GF Score
Energy SA FRA:R51
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0492/0.02
=2.46

* 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.

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

For example, Energy'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)
=0.009/163.0700*163.0700
=0.009

Current CPI (Mar. 2026) = 163.0700.

Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.003 99.552 0.005
201609 0.003 99.064 0.005
201612 0.039 100.366 0.063
201703 0.017 101.018 0.027
201706 0.017 101.180 0.027
201709 0.017 101.343 0.027
201712 0.018 102.564 0.029
201803 0.017 102.564 0.027
201806 0.017 103.378 0.027
201809 0.017 103.378 0.027
201812 0.017 103.785 0.027
201903 0.017 104.274 0.027
201906 0.016 105.983 0.025
201909 0.016 105.983 0.025
201912 0.017 107.123 0.026
202003 0.016 109.076 0.024
202006 0.018 109.402 0.027
202009 0.018 109.320 0.027
202012 0.017 109.565 0.025
202103 0.018 112.658 0.026
202106 0.017 113.960 0.024
202109 0.017 115.588 0.024
202112 0.018 119.088 0.025
202203 0.016 125.031 0.021
202206 0.016 131.705 0.020
202209 0.016 135.531 0.019
202212 0.015 139.113 0.018
202303 0.000 145.950 0.000
202306 0.015 147.009 0.017
202309 0.015 146.113 0.017
202312 0.014 147.741 0.015
202403 0.014 149.044 0.015
202406 0.014 150.997 0.015
202409 0.013 153.439 0.014
202412 0.008 154.660 0.008
202503 0.008 157.021 0.008
202506 0.008 157.509 0.008
202509 0.008 158.000 0.008
202512 0.007 158.320 0.007
202603 0.009 163.070 0.009

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 2.46 mean?
Energy (FRA:R51) has a Cyclically Adjusted PB Ratio of 2.46 as of Aug. 05, 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 Energy and its competitors. This is 31% above median its historical median of 1.88. Over the past decade, Energy's Cyclically Adjusted PB Ratio has ranged from 0.92 to 3.53. According to the industry distribution chart, Energy ranks #389 out of 470 companies in the Conglomerates industry, placing it in the top 82.8%.
Is Energy's Cyclically Adjusted PB Ratio too high?
Energy's current Cyclically Adjusted PB Ratio of 2.46 is 31% above median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 3.53. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Energy's value of 2.46 is 141.2% above this industry median. Based on the distribution chart, Energy ranks #389 out of 470 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Energy has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Energy's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Energy ranks #389 out of 470 companies for Cyclically Adjusted PB Ratio. This places Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Energy's value of 2.46 is 141.2% above this benchmark. Historically, Energy's own Cyclically Adjusted PB Ratio has ranged from 0.92 to 3.53 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.02, Energy 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 470 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. Energy's current Cyclically Adjusted PB Ratio of 2.46 is 141.2% 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 Energy and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy's current Cyclically Adjusted PB Ratio is 2.46, which is 31% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy stock overvalued right now?
Energy (FRA:R51) has a current Cyclically Adjusted PB Ratio of 2.46. The current Cyclically Adjusted PB Ratio is 2.46, which is 31% above median its 10-year median of 1.88 and 141.2% above the Conglomerates industry median of 1.02. Energy's overall GF Score™ is 26/100 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 Energy (FRA:R51), the current Cyclically Adjusted PB Ratio is 2.46 as of Aug. 05, 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.

Energy Business Description

Other Exchanges EGY:Poland
Address Bankowy Square 2, Warsaw, POL, 00-095
Energy SA Formerly Devo Energy SA is an investment fund. The company through its holding invests is engaged in investing in the establishments of public health and local government units, and invests in comapnies producing building materials.
26GF 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.

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