E.ON SE (MEX:EOANN) Cyclically Adjusted PB Ratio: 4.03 (As of Aug. 10, 2026) — 299% Above Median

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MEX:EOANN E.ON SE MEX:EOANN
69 GF Score
Price MXN400.87
GF Value MXN250.74
! 5 Warning Signs
View Full Analysis

What is E.ON SE Cyclically Adjusted PB Ratio?

E.ON SE MEX:EOANN 69 Cyclically Adjusted PB Ratio is 4.03 as of Aug. 10, 2026, which is 299% above its 10-year median of 1.01. GuruFocus rates MEX:EOANN with a GF Score™ of 69/100 and a GF Value™ of MXN250.74. The stock has 5 warning signs investors should review. Among 434 Utilities - Regulated companies, E.ON SE ranks worse than 91.94% on this metric.

As of today (2026-08-10), E.ON SE's current share price is MXN400.87. E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN99.49. E.ON SE's Cyclically Adjusted PB Ratio for today is 4.03.

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

MEX:EOANN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.01   Max: 4.34
Current: 4.13

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 1.01.

MEX:EOANN's Cyclically Adjusted PB Ratio is ranked worse than
91.94% of 434 companies
in the Utilities - Regulated industry
Industry Median: 1.515 vs MEX:EOANN: 4.13

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 MXN174.334. 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 MXN99.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


E.ON SE  (MEX:EOANN) 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

MEX:EOANN 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.


MEX:EOANN
69GF Score
E.ON SE MEX:EOANN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=400.87/99.49
=4.03

* 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)
=174.334/131.2583*131.2583
=174.334

Current CPI (Mar. 2026) = 131.2583.

E.ON SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 104.162 100.717 135.748
201609 4.813 101.017 6.254
201612 -11.752 101.217 -15.240
201703 10.113 101.417 13.089
201706 35.126 102.117 45.150
201709 36.082 102.717 46.108
201712 42.974 102.617 54.968
201803 46.216 102.917 58.943
201806 60.439 104.017 76.267
201809 58.978 104.718 73.926
201812 59.351 104.217 74.751
201903 56.187 104.217 70.766
201906 40.062 105.718 49.741
201909 65.701 106.018 81.343
201912 72.952 105.818 90.491
202003 63.537 105.718 78.887
202006 47.005 106.618 57.868
202009 43.351 105.818 53.773
202012 45.710 105.518 56.861
202103 75.550 107.518 92.232
202106 85.157 108.486 103.032
202109 99.757 109.435 119.651
202112 107.085 110.384 127.336
202203 120.232 113.968 138.473
202206 142.401 115.760 161.466
202209 145.593 118.818 160.837
202212 125.978 119.345 138.554
202303 117.239 122.402 125.721
202306 108.575 123.140 115.733
202309 112.438 124.195 118.833
202312 100.036 123.773 106.086
202403 103.098 125.038 108.227
202406 119.900 125.882 125.021
202409 133.235 126.198 138.578
202412 149.104 127.041 154.053
202503 158.369 127.779 162.681
202506 144.888 128.412 148.100
202509 147.380 129.255 149.664
202512 155.330 129.361 157.609
202603 174.334 131.258 174.334

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 4.03 mean?
E.ON SE (MEX:EOANN) has a Cyclically Adjusted PB Ratio of 4.03 as of Aug. 10, 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 299% above median its historical median of 1.01. 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 #399 out of 434 companies in the Utilities - Regulated industry, placing it in the top 91.9%.
Is E.ON SE's Cyclically Adjusted PB Ratio too high?
E.ON SE's current Cyclically Adjusted PB Ratio of 4.03 is 299% above median its 10-year median of 1.01. 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 4.03 is 166% above this industry median. Based on the distribution chart, E.ON SE ranks #399 out of 434 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, E.ON SE has a GF Score™ of 69/100, 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 #399 out of 434 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 4.03 is 166% 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 1.01 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 434 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 4.03 is 166% 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 4.03, which is 299% above median its own 10-year median of 1.01. 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?
E.ON SE (MEX:EOANN) has a current Cyclically Adjusted PB Ratio of 4.03. The stock's GF Value™ is MXN250.74, compared to a current price of MXN400.87 — trading 59.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.03, which is 299% above median its 10-year median of 1.01 and 166% above the Utilities - Regulated industry median of 1.52. E.ON SE's overall GF Score™ is 69/100 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 E.ON SE (MEX:EOANN), the current Cyclically Adjusted PB Ratio is 4.03 as of Aug. 10, 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 (MEX:EOANN) Overvalued in 2026?

Based on GuruFocus' analysis, E.ON SE stock appears to be overvalued. The current stock price of MXN400.87 is trading 59.9% above its estimated GF Value™ of MXN250.74.

Key valuation signals for MEX:EOANN:

  • Cyclically Adjusted PB Ratio: 4.03 (299% above median its 10-year median of 1.01)
  • GF Value™: MXN250.74 vs. price of MXN400.87 (59.9% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 166% above the Utilities - Regulated median (#399 of 434)

No single metric tells the full story. See the MEX:EOANN 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.
69GF Score

Get the complete analysis for MEX:EOANN

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

MXN400.87
Price
MXN250.74
GF Value