Pampa Energia (MEX:PAMPN) Cyclically Adjusted PB Ratio: 5.77 (As of Aug. 12, 2026) — 35% Below Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:PAMPN Pampa Energia SA MEX:PAMPN
71 GF Score
Price MXN1,499.90
GF Value MXN2,468.55
! 8 Warning Signs
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What is Pampa Energia Cyclically Adjusted PB Ratio?

Pampa Energia MEX:PAMPN 71 Cyclically Adjusted PB Ratio is 5.77 as of Aug. 12, 2026, which is 35% below its 10-year median of 8.88. GuruFocus rates MEX:PAMPN with a GF Score™ of 71/100 and a GF Value™ of MXN2,468.55. The stock has 8 warning signs investors should review. Among 457 Conglomerates companies, Pampa Energia ranks worse than 92.78% on this metric.

As of today (2026-08-12), Pampa Energia's current share price is MXN1499.90. Pampa Energia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN259.78. Pampa Energia's Cyclically Adjusted PB Ratio for today is 5.77.

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

MEX:PAMPN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.39   Med: 8.88   Max: 23.45
Current: 5.73

During the past years, Pampa Energia's highest Cyclically Adjusted PB Ratio was 23.45. The lowest was 3.39. And the median was 8.88.

MEX:PAMPN's Cyclically Adjusted PB Ratio is ranked worse than
92.78% of 457 companies
in the Conglomerates industry
Industry Median: 1.01 vs MEX:PAMPN: 5.73

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.

Pampa Energia's adjusted book value per share data for the three months ended in Jun. 2026 was MXN1,310.856. 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 MXN259.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pampa Energia  (MEX:PAMPN) 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.


Pampa Energia Cyclically Adjusted PB Ratio Related Terms


Pampa Energia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pampa Energia'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.

Pampa Energia Cyclically Adjusted PB Ratio Chart

Pampa Energia 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 5.52 8.35 17.87 12.92 8.00

Pampa Energia 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 7.06 6.54 8.00 6.78 5.77

MEX:PAMPN vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Pampa Energia'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.


Pampa Energia Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Pampa Energia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:PAMPN
71GF Score
Pampa Energia SA MEX:PAMPN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pampa Energia 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.

Pampa Energia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1499.90/259.78
=5.77

* 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.

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

For example, Pampa Energia'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)
=1310.856/333.9520*333.9520
=1,310.856

Current CPI (Jun. 2026) = 333.9520.

Pampa Energia Quarterly Data

Book Value per Share CPI Adj_Book
201609 111.593 241.428 154.360
201612 193.247 241.432 267.302
201703 212.781 243.801 291.462
201706 192.423 244.955 262.334
201709 199.719 246.819 270.225
201712 786.389 246.524 1,065.276
201803 244.960 249.554 327.804
201806 90.480 251.989 119.910
201809 4.538 252.439 6.003
201812 357.729 251.233 475.512
201903 377.468 254.202 495.890
201906 513.440 256.143 669.409
201909 539.262 256.759 701.388
201912 538.946 256.974 700.390
202003 681.143 258.115 881.270
202006 677.058 257.797 877.066
202009 703.861 260.280 903.088
202012 489.358 260.474 627.403
202103 522.144 264.877 658.309
202106 560.584 271.696 689.035
202109 637.742 274.310 776.403
202112 662.149 278.802 793.129
202203 691.717 287.504 803.468
202206 728.471 296.311 821.010
202209 799.506 296.808 899.560
202212 804.341 296.797 905.034
202303 795.704 301.836 880.369
202306 821.276 305.109 898.914
202309 883.338 307.789 958.424
202312 750.305 306.746 816.851
202403 868.312 312.332 928.418
202406 1,014.367 314.175 1,078.220
202409 1,159.551 315.301 1,228.142
202412 1,260.101 315.605 1,333.354
202503 1,315.554 319.799 1,373.775
202506 1,206.556 322.561 1,249.165
202509 1,157.938 324.800 1,190.566
202512 1,190.580 324.054 1,226.945
202603 1,252.713 330.213 1,266.897
202606 1,310.856 333.952 1,310.856

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 5.77 mean?
Pampa Energia (MEX:PAMPN) has a Cyclically Adjusted PB Ratio of 5.77 as of Aug. 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 Pampa Energia and its competitors. This is 35% below median its historical median of 8.88. Over the past decade, Pampa Energia's Cyclically Adjusted PB Ratio has ranged from 3.39 to 23.45. According to the industry distribution chart, Pampa Energia ranks #424 out of 457 companies in the Conglomerates industry, placing it in the top 92.8%.
Is Pampa Energia's Cyclically Adjusted PB Ratio too high?
Pampa Energia's current Cyclically Adjusted PB Ratio of 5.77 is 35% below median its 10-year median of 8.88. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 23.45. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Pampa Energia's value of 5.77 is 471.3% above this industry median. Based on the distribution chart, Pampa Energia ranks #424 out of 457 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Pampa Energia has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Pampa Energia's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Pampa Energia ranks #424 out of 457 companies for Cyclically Adjusted PB Ratio. This places Pampa Energia in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Pampa Energia's value of 5.77 is 471.3% above this benchmark. Historically, Pampa Energia's own Cyclically Adjusted PB Ratio has ranged from 3.39 to 23.45 over the past decade. While the company's 10-year median is 8.88 vs. the industry median of 1.01, Pampa Energia 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 a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 457 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. Pampa Energia's current Cyclically Adjusted PB Ratio of 5.77 is 471.3% 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 Pampa Energia and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pampa Energia's current Cyclically Adjusted PB Ratio is 5.77, which is 35% below median its own 10-year median of 8.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pampa Energia stock overvalued right now?
Pampa Energia (MEX:PAMPN) has a current Cyclically Adjusted PB Ratio of 5.77. The stock's GF Value™ is MXN2,468.55, compared to a current price of MXN1,499.90 — trading 39.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.77, which is 35% below median its 10-year median of 8.88 and 471.3% above the Conglomerates industry median of 1.01. Pampa Energia's overall GF Score™ is 71/100 with 8 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 Pampa Energia (MEX:PAMPN), the current Cyclically Adjusted PB Ratio is 5.77 as of Aug. 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 Pampa Energia (MEX:PAMPN) Overvalued in 2026?

Based on GuruFocus' analysis, Pampa Energia stock appears to be undervalued. The current stock price of MXN1,499.90 is trading 39.2% below its estimated GF Value™ of MXN2,468.55.

Key valuation signals for MEX:PAMPN:

  • Cyclically Adjusted PB Ratio: 5.77 (35% below median its 10-year median of 8.88)
  • GF Value™: MXN2,468.55 vs. price of MXN1,499.90 (39.2% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 471.3% above the Conglomerates median (#424 of 457)

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


Pampa Energia Business Description

Address Maipu 1, Buenos Aires, ARG, C1084ABA
Pampa Energia SA and its subsidiaries are engaged in the Energy business, mainly in oil and gas production and power generation. The firm's operating business segments are Oil and Gas, Generation, Petrochemicals, Holding, Transportation, and Others. The company derives the maximum revenue from the oil and gas segment.
71GF Score

Get the complete analysis for MEX:PAMPN

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

MXN1,499.90
Price
MXN2,468.55
GF Value