E.ON SE (LTS:0MPP) Cyclically Adjusted PB Ratio: 4.13 (As of Jul. 12, 2026) — 313% Above Median


LTS:0MPP E.ON SE LTS:0MPP
71 GF Score
Price €19.07
GF Value €11.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is E.ON SE Cyclically Adjusted PB Ratio?

E.ON SE LTS:0MPP -1.24% 71 Cyclically Adjusted PB Ratio is 4.13 as of Jul. 12, 2026, which is 313% above its 10-year median of 1.00. GuruFocus rates LTS:0MPP with a GF Score™ of 71/100 and a GF Value™ of €11.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 440 Utilities - Regulated companies, E.ON SE ranks worse than 93.18% on this metric.

As of today (2026-07-12), E.ON SE's current share price is €19.065. E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.62. E.ON SE's Cyclically Adjusted PB Ratio for today is 4.13.

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

LTS:0MPP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1   Max: 4.34
Current: 4.12

During the past years, E.ON SE's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 0.31. And the median was 1.00.

LTS:0MPP's Cyclically Adjusted PB Ratio is ranked worse than
93.18% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs LTS:0MPP: 4.12

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.

E.ON SE's adjusted book value per share data for the three months ended in Mar. 2026 was €8.363. 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 €4.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


E.ON SE  (LTS:0MPP) 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.


E.ON SE Cyclically Adjusted PB Ratio Related Terms


E.ON SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for E.ON SE'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.

E.ON SE Cyclically Adjusted PB Ratio Chart

E.ON SE 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 1.39 1.19 1.89 2.15 3.51

E.ON SE 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 2.79 3.28 3.42 3.51 4.12

LTS:0MPP vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, E.ON SE'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.


E.ON SE Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


LTS:0MPP
71GF Score
E.ON SE LTS:0MPP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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E.ON SE 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.

E.ON SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.065/4.62
=4.13

* 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.

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

For example, E.ON SE'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)
=8.363/131.2583*131.2583
=8.363

Current CPI (Mar. 2026) = 131.2583.

E.ON SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.013 100.717 6.533
201609 0.222 101.017 0.288
201612 -0.540 101.217 -0.700
201703 0.502 101.417 0.650
201706 1.729 102.117 2.222
201709 1.668 102.717 2.131
201712 1.849 102.617 2.365
201803 2.063 102.917 2.631
201806 2.633 104.017 3.323
201809 2.702 104.718 3.387
201812 2.657 104.217 3.346
201903 2.563 104.217 3.228
201906 1.846 105.718 2.292
201909 3.022 106.018 3.741
201912 3.481 105.818 4.318
202003 2.452 105.718 3.044
202006 1.808 106.618 2.226
202009 1.666 105.818 2.067
202012 1.889 105.518 2.350
202103 3.105 107.518 3.791
202106 3.551 108.486 4.296
202109 4.124 109.435 4.946
202112 4.620 110.384 5.494
202203 5.483 113.968 6.315
202206 6.696 115.760 7.592
202209 7.310 118.818 8.075
202212 6.100 119.345 6.709
202303 6.075 122.402 6.515
202306 5.846 123.140 6.231
202309 6.048 124.195 6.392
202312 5.404 123.773 5.731
202403 5.715 125.038 5.999
202406 6.080 125.882 6.340
202409 6.097 126.198 6.341
202412 6.828 127.041 7.055
202503 7.161 127.779 7.356
202506 6.671 128.412 6.819
202509 6.845 129.255 6.951
202512 7.367 129.361 7.475
202603 8.363 131.258 8.363

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 4.13 mean?
E.ON SE (LTS:0MPP) has a Cyclically Adjusted PB Ratio of 4.13 as of Jul. 12, 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 E.ON SE and its competitors. This is 313% above median its historical median of 1.00. Over the past decade, E.ON SE's Cyclically Adjusted PB Ratio has ranged from 0.31 to 4.34. According to the industry distribution chart, E.ON SE ranks #410 out of 440 companies in the Utilities - Regulated industry, placing it in the top 93.2%.
Is E.ON SE's Cyclically Adjusted PB Ratio too high?
E.ON SE's current Cyclically Adjusted PB Ratio of 4.13 is 313% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 4.34. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. E.ON SE's value of 4.13 is 171.7% above this industry median. Based on the distribution chart, E.ON SE ranks #410 out of 440 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, E.ON SE has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does E.ON SE's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, E.ON SE ranks #410 out of 440 companies for Cyclically Adjusted PB Ratio. This places E.ON SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. E.ON SE's value of 4.13 is 171.7% above this benchmark. Historically, E.ON SE's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 4.34 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.52, E.ON SE 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 1.52, based on 440 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. E.ON SE's current Cyclically Adjusted PB Ratio of 4.13 is 171.7% 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 E.ON SE and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E.ON SE's current Cyclically Adjusted PB Ratio is 4.13, which is 313% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E.ON SE stock overvalued right now?
Based on GuruFocus' analysis, E.ON SE (LTS:0MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.86, compared to a current price of €19.07 — trading 60.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.13, which is 313% above median its 10-year median of 1.00 and 171.7% above the Utilities - Regulated industry median of 1.52. E.ON SE's overall GF Score™ is 71/100 with 6 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 E.ON SE (LTS:0MPP), the current Cyclically Adjusted PB Ratio is 4.13 as of Jul. 12, 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 E.ON SE (LTS:0MPP) Overvalued in 2026?

Based on GuruFocus' analysis, E.ON SE stock appears to be overvalued. The current stock price of €19.07 is trading 60.8% above its estimated GF Value™ of €11.86. GuruFocus considers E.ON SE to be Significantly Overvalued.

Key valuation signals for LTS:0MPP:

  • Cyclically Adjusted PB Ratio: 4.13 (313% above median its 10-year median of 1.00)
  • GF Value™: €11.86 vs. price of €19.07 (60.8% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 171.7% above the Utilities - Regulated median (#410 of 440)

No single metric tells the full story. See the LTS:0MPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E.ON SE Business Description

Address Brusseler Platz 1, Essen, NW, DEU, 45131
Since completing the transformative deal with RWE in 2020, E.On has two core businesses: energy networks and customer solutions. Its retail supply serves around 47 million customers primarily in Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. Its networks business operates in Germany, Sweden, Eastern Europe, and Turkey.
71GF Score

Get the complete analysis for LTS:0MPP

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

€19.07
Price
€11.86
GF Value