Energiekontor AG (HAM:EKT) Cyclically Adjusted PB Ratio: 3.89 (As of Aug. 02, 2026) — 41% Below Median

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HAM:EKT Energiekontor AG HAM:EKT
75 GF Score
Price €34.45
GF Value €73.78
Valuation Possible Value Trap
! 7 Warning Signs
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What is Energiekontor AG Cyclically Adjusted PB Ratio?

Energiekontor AG HAM:EKT +0.15% 75 Cyclically Adjusted PB Ratio is 3.89 as of Aug. 02, 2026, which is 41% below its 10-year median of 6.58. GuruFocus rates HAM:EKT with a GF Score™ of 75/100 and a GF Value™ of €73.78 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 278 Utilities - Independent Power Producers companies, Energiekontor AG ranks worse than 88.13% on this metric.

As of today (2026-08-02), Energiekontor AG's current share price is €34.45. Energiekontor AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €8.86. Energiekontor AG's Cyclically Adjusted PB Ratio for today is 3.89.

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

HAM:EKT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.58   Med: 6.58   Max: 22.96
Current: 3.86

During the past 13 years, Energiekontor AG's highest Cyclically Adjusted PB Ratio was 22.96. The lowest was 3.58. And the median was 6.58.

HAM:EKT's Cyclically Adjusted PB Ratio is ranked worse than
88.13% of 278 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.095 vs HAM:EKT: 3.86

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.

Energiekontor AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €16.154. 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 €8.86 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energiekontor AG  (HAM:EKT) 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.


Energiekontor AG Cyclically Adjusted PB Ratio Related Terms


Energiekontor AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Energiekontor AG'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.

Energiekontor AG Cyclically Adjusted PB Ratio Chart

Energiekontor AG 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 16.95 14.79 12.93 6.51 4.04

Energiekontor AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 12.93 0.00 6.51 0.00 4.04

Energiekontor AG Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Energiekontor AG'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.


Energiekontor AG Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


HAM:EKT
75GF Score
Energiekontor AG HAM:EKT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Energiekontor AG 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.

Energiekontor AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.45/8.86
=3.89

* 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.

Energiekontor AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Energiekontor AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=16.154/129.3606*129.3606
=16.154

Current CPI (Dec25) = 129.3606.

Energiekontor AG Annual Data

Book Value per Share CPI Adj_Book
201612 4.748 101.217 6.068
201712 4.823 102.617 6.080
201812 4.692 104.217 5.824
201912 3.912 105.818 4.782
202012 4.617 105.518 5.660
202112 5.865 110.384 6.873
202212 8.846 119.345 9.588
202312 13.324 123.773 13.926
202412 13.394 127.041 13.639
202512 16.154 129.361 16.154

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 3.89 mean?
Energiekontor AG (HAM:EKT) has a Cyclically Adjusted PB Ratio of 3.89 as of Aug. 02, 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 Energiekontor AG and its competitors. This is 41% below median its historical median of 6.58. Over the past decade, Energiekontor AG's Cyclically Adjusted PB Ratio has ranged from 3.58 to 22.96. According to the industry distribution chart, Energiekontor AG ranks #245 out of 278 companies in the Utilities - Independent Power Producers industry, placing it in the top 88.1%.
Is Energiekontor AG's Cyclically Adjusted PB Ratio too high?
Energiekontor AG's current Cyclically Adjusted PB Ratio of 3.89 is 41% below median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 22.96. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.10. Energiekontor AG's value of 3.89 is 255.3% above this industry median. Based on the distribution chart, Energiekontor AG ranks #245 out of 278 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Energiekontor AG has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energiekontor AG's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Energiekontor AG ranks #245 out of 278 companies for Cyclically Adjusted PB Ratio. This places Energiekontor AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. Energiekontor AG's value of 3.89 is 255.3% above this benchmark. Historically, Energiekontor AG's own Cyclically Adjusted PB Ratio has ranged from 3.58 to 22.96 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 1.10, Energiekontor AG 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 - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.10, based on 278 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. Energiekontor AG's current Cyclically Adjusted PB Ratio of 3.89 is 255.3% 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 Energiekontor AG and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energiekontor AG's current Cyclically Adjusted PB Ratio is 3.89, which is 41% below median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energiekontor AG stock overvalued right now?
Based on GuruFocus' analysis, Energiekontor AG (HAM:EKT) is currently considered Possible Value Trap. The stock's GF Value™ is €73.78, compared to a current price of €34.45 — trading 53.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.89, which is 41% below median its 10-year median of 6.58 and 255.3% above the Utilities - Independent Power Producers industry median of 1.10. Energiekontor AG's overall GF Score™ is 75/100 with 7 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 Energiekontor AG (HAM:EKT), the current Cyclically Adjusted PB Ratio is 3.89 as of Aug. 02, 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 Energiekontor AG (HAM:EKT) Overvalued in 2026?

Based on GuruFocus' analysis, Energiekontor AG stock appears to be undervalued. The current stock price of €34.45 is trading 53.3% below its estimated GF Value™ of €73.78. GuruFocus considers Energiekontor AG to be Possible Value Trap.

Key valuation signals for HAM:EKT:

  • Cyclically Adjusted PB Ratio: 3.89 (41% below median its 10-year median of 6.58)
  • GF Value™: €73.78 vs. price of €34.45 (53.3% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 255.3% above the Utilities - Independent Power Producers median (#245 of 278)

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


Energiekontor AG Business Description

Address Mary-Somerville-Strasse 5, Bremen, DEU, 28359
Energiekontor AG is a developer and operator of wind and solar parks. Its core business ranges from the planning and construction to the operational management of wind and solar parks in Germany and abroad. Its segments include Project development and sales which includes onshore wind, solar; Power generation in group-owned wind and solar parks; and Operation development which includes innovation and others. The sales in the Project development and sales (wind, solar) segment relate to German and British wind / solar parks. Revenues in the Power generation in group-owned wind / solar parks segment are realised in wind / solar parks in Germany, Portugal and the United Kingdom.
75GF 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.

€34.45
Price
€73.78
GF Value