Bloom Energy (MEX:BE) Cyclically Adjusted PB Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:BE Bloom Energy Corp MEX:BE
55 GF Score
Price MXN3,500.00
GF Value MXN477.76
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Bloom Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bloom Energy  (MEX:BE) 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.


Bloom Energy Cyclically Adjusted PB Ratio Related Terms


Bloom Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bloom 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.

Bloom Energy Cyclically Adjusted PB Ratio Chart

Bloom 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 0.00

Bloom 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 0.00 0.00 0.00

MEX:BE vs HUBB, VRT, NVT: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Bloom 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.


Bloom Energy Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


MEX:BE
55GF Score
Bloom Energy Corp MEX:BE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bloom 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.

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

For example, Bloom Energy'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)
=49.42/324.0540*324.0540
=49.420

Current CPI (Dec25) = 324.0540.

Bloom Energy Annual Data

Book Value per Share CPI Adj_Book
201612 -3,822.543 241.432 -5,130.680
201712 -4,050.155 246.524 -5,323.899
201812 -25.591 251.233 -33.009
201912 -40.450 256.974 -51.009
202012 9.333 260.474 11.611
202112 -5.153 278.802 -5.989
202212 32.304 296.797 35.271
202312 37.925 306.746 40.065
202412 51.194 315.605 52.565
202512 49.420 324.054 49.420

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.

Is Bloom Energy (MEX:BE) Overvalued in 2026?

Based on GuruFocus' analysis, Bloom Energy stock appears to be overvalued. The current stock price of MXN3,500.00 is trading 632.6% above its estimated GF Value™ of MXN477.76. GuruFocus considers Bloom Energy to be Significantly Overvalued.

Key valuation signals for MEX:BE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN477.76 vs. price of MXN3,500.00 (632.6% above fair value)
  • GF Score™: 55/100 with 3 warning signs

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


Bloom Energy Business Description

Address 4353 North First Street, San Jose, CA, USA, 95134
Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.
55GF Score

Get the complete analysis for MEX:BE

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

MXN3,500.00
Price
MXN477.76
GF Value