Clearway Energy (MEX:CWEN) Cyclically Adjusted PB Ratio: 1.68 (As of Aug. 08, 2026) — 28% Above Median

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MEX:CWEN Clearway Energy Inc MEX:CWEN
75 GF Score
Price MXN630.79
GF Value MXN636.55
! 9 Warning Signs
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What is Clearway Energy Cyclically Adjusted PB Ratio?

Clearway Energy MEX:CWEN 75 Cyclically Adjusted PB Ratio is 1.68 as of Aug. 08, 2026, which is 28% above its 10-year median of 1.31. GuruFocus rates MEX:CWEN with a GF Score™ of 75/100 and a GF Value™ of MXN636.55. The stock has 9 warning signs investors should review. Among 277 Utilities - Independent Power Producers companies, Clearway Energy ranks worse than 59.57% on this metric.

As of today (2026-08-08), Clearway Energy's current share price is MXN630.79. Clearway Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN375.74. Clearway Energy's Cyclically Adjusted PB Ratio for today is 1.68.

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

MEX:CWEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.31   Max: 1.99
Current: 1.61

During the past years, Clearway Energy's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.86. And the median was 1.31.

MEX:CWEN's Cyclically Adjusted PB Ratio is ranked worse than
59.57% of 277 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.08 vs MEX:CWEN: 1.61

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.

Clearway Energy's adjusted book value per share data for the three months ended in Jun. 2026 was MXN157.346. 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 MXN375.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearway Energy  (MEX:CWEN) 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.


Clearway Energy Cyclically Adjusted PB Ratio Related Terms


Clearway Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clearway 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.

Clearway Energy Cyclically Adjusted PB Ratio Chart

Clearway 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 1.46 1.29 1.17 1.22 1.63

Clearway Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.54 1.36 1.63 1.91 1.68

MEX:CWEN vs MWH, ORA, FRVO: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Renewable subindustry, Clearway 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.


Clearway Energy Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


MEX:CWEN
75GF Score
Clearway Energy Inc MEX:CWEN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clearway 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=630.79/375.74
=1.68

* 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.

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

For example, Clearway Energy's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=157.346/333.9520*333.9520
=157.346

Current CPI (Jun. 2026) = 333.9520.

Clearway Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 366.372 241.428 506.779
201612 391.713 241.432 541.823
201703 352.322 243.801 482.601
201706 337.744 244.955 460.453
201709 340.105 246.819 460.170
201712 345.510 246.524 468.043
201803 319.065 249.554 426.971
201806 354.066 251.989 469.231
201809 336.190 252.439 444.746
201812 331.944 251.233 441.237
201903 318.492 254.202 418.412
201906 308.268 256.143 401.911
201909 235.518 256.759 306.325
201912 307.672 256.974 399.837
202003 370.462 258.115 479.308
202006 372.877 257.797 483.027
202009 358.202 260.280 459.591
202012 312.530 260.474 400.693
202103 315.555 264.877 397.846
202106 306.907 271.696 377.231
202109 314.166 274.310 382.474
202112 323.277 278.802 387.225
202203 301.097 287.504 349.741
202206 394.967 296.311 445.140
202209 394.560 296.808 443.937
202212 372.418 296.797 419.040
202303 331.058 301.836 366.283
202306 313.572 305.109 343.215
202309 314.136 307.789 340.839
202312 304.653 306.746 331.673
202403 291.911 312.332 312.117
202406 335.382 314.175 356.494
202409 357.783 315.301 378.947
202412 366.338 315.605 387.634
202503 337.171 319.799 352.093
202506 295.367 322.561 305.798
202509 318.858 324.800 327.843
202512 289.999 324.054 298.857
202603 262.950 330.213 265.927
202606 157.346 333.952 157.346

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 1.68 mean?
Clearway Energy (MEX:CWEN) has a Cyclically Adjusted PB Ratio of 1.68 as of Aug. 08, 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 Clearway Energy and its competitors. This is 28% above median its historical median of 1.31. Over the past decade, Clearway Energy's Cyclically Adjusted PB Ratio has ranged from 0.86 to 1.99. According to the industry distribution chart, Clearway Energy ranks #165 out of 277 companies in the Utilities - Independent Power Producers industry, placing it in the top 59.6%.
Is Clearway Energy's Cyclically Adjusted PB Ratio too high?
Clearway Energy's current Cyclically Adjusted PB Ratio of 1.68 is 28% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.99. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.08. Clearway Energy's value of 1.68 is 55.6% above this industry median. Based on the distribution chart, Clearway Energy ranks #165 out of 277 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Clearway Energy has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Clearway Energy's Cyclically Adjusted PB Ratio compare to MWH and ORA?
According to the Utilities - Independent Power Producers industry distribution chart, Clearway Energy ranks #165 out of 277 companies for Cyclically Adjusted PB Ratio. This places Clearway Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Clearway Energy's value of 1.68 is 55.6% above this benchmark. Historically, Clearway Energy's own Cyclically Adjusted PB Ratio has ranged from 0.86 to 1.99 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.08, Clearway 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.08, based on 277 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. Clearway Energy's current Cyclically Adjusted PB Ratio of 1.68 is 55.6% 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 Clearway Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearway Energy's current Cyclically Adjusted PB Ratio is 1.68, which is 28% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearway Energy stock overvalued right now?
Clearway Energy (MEX:CWEN) has a current Cyclically Adjusted PB Ratio of 1.68. The stock's GF Value™ is MXN636.55, compared to a current price of MXN630.79 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.68, which is 28% above median its 10-year median of 1.31 and 55.6% above the Utilities - Independent Power Producers industry median of 1.08. Clearway Energy's overall GF Score™ is 75/100 with 9 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 Clearway Energy (MEX:CWEN), the current Cyclically Adjusted PB Ratio is 1.68 as of Aug. 08, 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 Clearway Energy (MEX:CWEN) Overvalued in 2026?

Based on GuruFocus' analysis, Clearway Energy stock appears to be undervalued. The current stock price of MXN630.79 is trading 0.9% below its estimated GF Value™ of MXN636.55.

Key valuation signals for MEX:CWEN:

  • Cyclically Adjusted PB Ratio: 1.68 (28% above median its 10-year median of 1.31)
  • GF Value™: MXN636.55 vs. price of MXN630.79 (0.9% below fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 55.6% above the Utilities - Independent Power Producers median (#165 of 277)

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


Clearway Energy Business Description

Address 300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and the owner of modern, sustainable, and long-term contracted assets across North America. The company segments its operations into Flexible Generation, Renewables & Storage, and Corporate divisions. The majority of its revenue is generated from the Renewables & Storage segment.
75GF Score

Get the complete analysis for MEX:CWEN

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

MXN630.79
Price
MXN636.55
GF Value