Cia Paranaense De Energia Copel (MEX:ELP1) Cyclically Adjusted PB Ratio: 1.71 (As of Jul. 31, 2026) — 97% Above Median

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:ELP1 Cia Paranaense De Energia Copel MEX:ELP1
56 GF Score
Price MXN116.00
GF Value MXN83.44
! 5 Warning Signs
View Full Analysis

What is Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio?

Cia Paranaense De Energia Copel MEX:ELP1 56 Cyclically Adjusted PB Ratio is 1.71 as of Jul. 31, 2026, which is 97% above its 10-year median of 0.87. GuruFocus rates MEX:ELP1 with a GF Score™ of 56/100 and a GF Value™ of MXN83.44. The stock has 5 warning signs investors should review. Among 439 Utilities - Regulated companies, Cia Paranaense De Energia Copel ranks worse than 53.99% on this metric.

As of today (2026-07-31), Cia Paranaense De Energia Copel's current share price is MXN116.00. Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN67.96. Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio for today is 1.71.

The historical rank and industry rank for Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:ELP1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.87   Max: 1.84
Current: 1.65

During the past years, Cia Paranaense De Energia Copel's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.29. And the median was 0.87.

MEX:ELP1's Cyclically Adjusted PB Ratio is ranked worse than
53.99% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.54 vs MEX:ELP1: 1.65

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.

Cia Paranaense De Energia Copel's adjusted book value per share data for the three months ended in Mar. 2026 was MXN110.676. 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 MXN67.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cia Paranaense De Energia Copel  (MEX:ELP1) 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.


Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio Related Terms


Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio Chart

Cia Paranaense De Energia Copel 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 0.82 0.88 1.17 0.97 1.47

Cia Paranaense De Energia Copel 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 1.08 1.33 1.36 1.47 1.71

MEX:ELP1 vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio falls into.


MEX:ELP1
56GF Score
Cia Paranaense De Energia Copel MEX:ELP1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Paranaense De Energia Copel 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=116.00/67.96
=1.71

* 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cia Paranaense De Energia Copel'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)
=110.676/175.0655*175.0655
=110.676

Current CPI (Mar. 2026) = 175.0655.

Cia Paranaense De Energia Copel Quarterly Data

Book Value per Share CPI Adj_Book
201606 121.367 108.851 195.196
201609 132.777 109.986 211.342
201612 132.233 110.802 208.926
201703 134.461 111.869 210.420
201706 121.819 112.115 190.219
201709 131.923 112.777 204.786
201712 132.485 114.068 203.331
201803 125.714 114.868 191.595
201806 120.873 117.038 180.803
201809 107.966 117.881 160.340
201812 118.483 118.340 175.277
201903 122.031 120.124 177.845
201906 122.914 120.977 177.868
201909 122.240 121.292 176.433
201912 115.866 123.436 164.329
202003 124.600 124.092 175.783
202006 125.968 123.557 178.481
202009 119.928 125.095 167.834
202012 112.794 129.012 153.058
202103 101.994 131.660 135.619
202106 116.712 133.871 152.627
202109 122.764 137.913 155.836
202112 115.783 141.992 142.751
202203 131.587 146.537 157.205
202206 119.979 149.784 140.230
202209 117.574 147.800 139.264
202212 113.089 150.207 131.805
202303 108.463 153.352 123.820
202306 112.341 154.519 127.279
202309 109.975 155.464 123.841
202312 110.967 157.148 123.619
202403 109.128 159.372 119.874
202406 112.930 161.052 122.757
202409 121.556 162.342 131.083
202412 117.922 164.740 125.313
202503 125.878 168.102 131.093
202506 117.195 169.670 120.922
202509 119.726 170.739 122.760
202512 102.808 171.765 104.783
202603 110.676 175.066 110.676

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 1.71 mean?
Cia Paranaense De Energia Copel (MEX:ELP1) has a Cyclically Adjusted PB Ratio of 1.71 as of Jul. 31, 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 Cia Paranaense De Energia Copel and its competitors. This is 97% above median its historical median of 0.87. Over the past decade, Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.84. According to the industry distribution chart, Cia Paranaense De Energia Copel ranks #237 out of 439 companies in the Utilities - Regulated industry, placing it in the top 54%.
Is Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio too high?
Cia Paranaense De Energia Copel's current Cyclically Adjusted PB Ratio of 1.71 is 97% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.84. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.54. Cia Paranaense De Energia Copel's value of 1.71 is 11% above this industry median. Based on the distribution chart, Cia Paranaense De Energia Copel ranks #237 out of 439 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Cia Paranaense De Energia Copel has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Paranaense De Energia Copel ranks #237 out of 439 companies for Cyclically Adjusted PB Ratio. This places Cia Paranaense De Energia Copel in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Cia Paranaense De Energia Copel's value of 1.71 is 11% above this benchmark. Historically, Cia Paranaense De Energia Copel's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.84 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.54, Cia Paranaense De Energia Copel 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 1.54, 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. Cia Paranaense De Energia Copel's current Cyclically Adjusted PB Ratio of 1.71 is 11% 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 Cia Paranaense De Energia Copel and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Paranaense De Energia Copel's current Cyclically Adjusted PB Ratio is 1.71, which is 97% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Paranaense De Energia Copel stock overvalued right now?
Cia Paranaense De Energia Copel (MEX:ELP1) has a current Cyclically Adjusted PB Ratio of 1.71. The stock's GF Value™ is MXN83.44, compared to a current price of MXN116.00 — trading 39% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.71, which is 97% above median its 10-year median of 0.87 and 11% above the Utilities - Regulated industry median of 1.54. Cia Paranaense De Energia Copel's overall GF Score™ is 56/100 with 5 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 Cia Paranaense De Energia Copel (MEX:ELP1), the current Cyclically Adjusted PB Ratio is 1.71 as of Jul. 31, 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 Cia Paranaense De Energia Copel (MEX:ELP1) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Paranaense De Energia Copel stock appears to be overvalued. The current stock price of MXN116.00 is trading 39% above its estimated GF Value™ of MXN83.44.

Key valuation signals for MEX:ELP1:

  • Cyclically Adjusted PB Ratio: 1.71 (97% above median its 10-year median of 0.87)
  • GF Value™: MXN83.44 vs. price of MXN116.00 (39% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 11% above the Utilities - Regulated median (#237 of 439)

No single metric tells the full story. See the MEX:ELP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cia Paranaense De Energia Copel Business Description

Address Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is engaged in the areas of generation, transmission, commercialization and distribution of energy. It operates a comprehensive and effective electrical system with its own generating plants, transmission lines, substations, electrical lines and grids of the distribution system. The company's reportable segments include Power generation and transmission, Power distribution, GAS, Power Sale, Services, and Holding. The majority of its revenue is generated from the Power distribution segment under which it provides public electricity distribution services, being responsible for the operation and maintenance of the distribution infrastructure, as well as providing related services.
56GF Score

Get the complete analysis for MEX:ELP1

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

MXN116.00
Price
MXN83.44
GF Value