IBDSF (Iberdrola) Cyclically Adjusted PB Ratio: 2.61 (As of Jul. 11, 2026) — 66% Above Median


IBDSF Iberdrola SA IBDSF
70 GF Score
Price $24.10
GF Value $11.74
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Iberdrola Cyclically Adjusted PB Ratio?

Iberdrola IBDSF -0.68% 70 Cyclically Adjusted PB Ratio is 2.61 as of Jul. 11, 2026, which is 66% above its 10-year median of 1.57. GuruFocus rates IBDSF with a GF Score™ of 70/100 and a GF Value™ of $11.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 439 Utilities - Regulated companies, Iberdrola ranks worse than 79.73% on this metric.

As of today (2026-07-11), Iberdrola's current share price is $24.10. Iberdrola's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.22. Iberdrola's Cyclically Adjusted PB Ratio for today is 2.61.

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

IBDSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.57   Max: 2.73
Current: 2.64

During the past years, Iberdrola's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 1.01. And the median was 1.57.

IBDSF's Cyclically Adjusted PB Ratio is ranked worse than
79.73% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs IBDSF: 2.64

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.

Iberdrola's adjusted book value per share data for the three months ended in Mar. 2026 was $10.354. 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 $9.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iberdrola  (OTCPK:IBDSF) 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.


Iberdrola Cyclically Adjusted PB Ratio Related Terms


Iberdrola Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Iberdrola'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.

Iberdrola Cyclically Adjusted PB Ratio Chart

Iberdrola 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 1.62 1.58 1.64 1.75 2.35

Iberdrola 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 1.96 2.10 2.07 2.35 2.48

IBDSF vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, Iberdrola'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.


Iberdrola Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Iberdrola's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IBDSF
70GF Score
Iberdrola SA IBDSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Iberdrola 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.10/9.22
=2.61

* 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.

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

For example, Iberdrola'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)
=10.354/129.8600*129.8600
=10.354

Current CPI (Mar. 2026) = 129.8600.

Iberdrola Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.630 100.333 8.581
201609 6.459 99.737 8.410
201612 6.326 101.842 8.066
201703 6.354 100.896 8.178
201706 6.629 101.848 8.452
201709 7.013 101.524 8.970
201712 7.028 102.975 8.863
201803 7.317 102.122 9.304
201806 7.137 104.165 8.898
201809 6.765 103.818 8.462
201812 6.669 104.193 8.312
201903 7.221 103.488 9.061
201906 6.666 104.612 8.275
201909 6.877 103.905 8.595
201912 6.762 105.015 8.362
202003 7.087 103.469 8.895
202006 6.694 104.254 8.338
202009 6.881 103.521 8.632
202012 7.000 104.456 8.702
202103 7.039 104.857 8.717
202106 7.181 107.102 8.707
202109 8.512 107.669 10.266
202112 7.320 111.298 8.541
202203 8.879 115.153 10.013
202206 7.522 118.044 8.275
202209 8.708 117.221 9.647
202212 7.046 117.650 7.777
202303 8.720 118.948 9.520
202306 8.840 120.278 9.544
202309 8.888 121.343 9.512
202312 7.559 121.300 8.092
202403 9.212 122.762 9.745
202406 9.475 124.409 9.890
202409 9.317 123.121 9.827
202412 7.865 124.753 8.187
202503 8.034 125.531 8.311
202506 9.959 127.251 10.163
202509 10.162 126.840 10.404
202512 8.886 128.400 8.987
202603 10.354 129.860 10.354

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 2.61 mean?
Iberdrola (IBDSF) has a Cyclically Adjusted PB Ratio of 2.61 as of Jul. 11, 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 Iberdrola and its competitors. This is 66% above median its historical median of 1.57. Over the past decade, Iberdrola's Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.73. According to the industry distribution chart, Iberdrola ranks #350 out of 439 companies in the Utilities - Regulated industry, placing it in the top 79.7%.
Is Iberdrola's Cyclically Adjusted PB Ratio too high?
Iberdrola's current Cyclically Adjusted PB Ratio of 2.61 is 66% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.73. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Iberdrola's value of 2.61 is 70.6% above this industry median. Based on the distribution chart, Iberdrola ranks #350 out of 439 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Iberdrola has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iberdrola's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Iberdrola ranks #350 out of 439 companies for Cyclically Adjusted PB Ratio. This places Iberdrola in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Iberdrola's value of 2.61 is 70.6% above this benchmark. Historically, Iberdrola's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.73 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.53, Iberdrola 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 1.53, based on 439 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. Iberdrola's current Cyclically Adjusted PB Ratio of 2.61 is 70.6% 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 Iberdrola and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iberdrola's current Cyclically Adjusted PB Ratio is 2.61, which is 66% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iberdrola stock overvalued right now?
Based on GuruFocus' analysis, Iberdrola (IBDSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.74, compared to a current price of $24.10 — trading 105.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.61, which is 66% above median its 10-year median of 1.57 and 70.6% above the Utilities - Regulated industry median of 1.53. Iberdrola's overall GF Score™ is 70/100 with 8 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 Iberdrola (IBDSF), the current Cyclically Adjusted PB Ratio is 2.61 as of Jul. 11, 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 Iberdrola (IBDSF) Overvalued in 2026?

Based on GuruFocus' analysis, Iberdrola stock appears to be overvalued. The current stock price of $24.10 is trading 105.3% above its estimated GF Value™ of $11.74. GuruFocus considers Iberdrola to be Significantly Overvalued.

Key valuation signals for IBDSF:

  • Cyclically Adjusted PB Ratio: 2.61 (66% above median its 10-year median of 1.57)
  • GF Value™: $11.74 vs. price of $24.10 (105.3% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 70.6% above the Utilities - Regulated median (#350 of 439)

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


Iberdrola Business Description

Address Plaza Euskadi Number 5, Biscay, Bilbao, ESP, 48009
Iberdrola is one of the largest utilities in the world with electric utility operations in nearly 40 countries. The company has a 58-gigawatt portfolio of hydro, wind, natural gas, and nuclear power plants. It is one of the largest owners of wind farms in the world, representing about 40% of its portfolio. Although the company has recently developed or acquired distribution and power generation assets in other geographic areas, Spain is still home to more than half of its power generation capacity. Iberdrola also owns and operates electricity distribution and transmission networks in Spain, the UK, Brazil, and the US.
70GF Score

Get the complete analysis for IBDSF

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

$24.10
Price
$11.74
GF Value