PPL (MEX:PPLC) Cyclically Adjusted PB Ratio: 1.66 (As of Sep. 06, 2026) — Near Median

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MEX:PPLC PPL Corp MEX:PPLC
74 GF Score
Price MXN650.00
GF Value MXN677.03
! 6 Warning Signs
View Full Analysis

What is PPL Cyclically Adjusted PB Ratio?

PPL MEX:PPLC 74 Cyclically Adjusted PB Ratio is 1.66 as of Sep. 06, 2026, which is 6% above its 10-year median of 1.57. GuruFocus rates MEX:PPLC with a GF Score™ of 74/100 and a GF Value™ of MXN677.03. The stock has 6 warning signs investors should review. Among 424 Utilities - Regulated companies, PPL ranks worse than 56.84% on this metric.

As of today (2026-09-06), PPL's current share price is MXN650.00. PPL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN390.52. PPL's Cyclically Adjusted PB Ratio for today is 1.66.

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

MEX:PPLC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.57   Max: 2.23
Current: 1.66

During the past years, PPL's highest Cyclically Adjusted PB Ratio was 2.23. The lowest was 1.05. And the median was 1.57.

MEX:PPLC's Cyclically Adjusted PB Ratio is ranked worse than
56.84% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs MEX:PPLC: 1.66

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.

PPL's adjusted book value per share data for the three months ended in Jun. 2026 was MXN348.925. 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 MXN390.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PPL  (MEX:PPLC) 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.


PPL Cyclically Adjusted PB Ratio Related Terms


PPL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PPL'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.

PPL Cyclically Adjusted PB Ratio Chart

PPL 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 1.53 1.43 1.32 1.60 1.71

PPL 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 1.65 1.80 1.71 1.83 1.72

MEX:PPLC vs CNP, FE, ES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, PPL'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.


PPL Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PPL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:PPLC
74GF Score
PPL Corp MEX:PPLC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPL 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.

PPL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=650.00/390.52
=1.66

* 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.

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

For example, PPL'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)
=348.925/333.9520*333.9520
=348.925

Current CPI (Jun. 2026) = 333.9520.

PPL Quarterly Data

Book Value per Share CPI Adj_Book
201609 283.940 241.428 392.756
201612 300.248 241.432 415.307
201703 278.920 243.801 382.057
201706 276.622 244.955 377.124
201709 281.978 246.819 381.523
201712 304.790 246.524 412.882
201803 291.147 249.554 389.612
201806 315.908 251.989 418.662
201809 306.239 252.439 405.124
201812 317.754 251.233 422.375
201903 327.311 254.202 429.997
201906 318.880 256.143 415.747
201909 325.304 256.759 423.105
201912 319.343 256.974 415.004
202003 404.124 258.115 522.860
202006 391.636 257.797 507.328
202009 393.260 260.280 504.572
202012 345.966 260.474 443.561
202103 306.950 264.877 386.997
202106 386.757 271.696 475.378
202109 394.301 274.310 480.032
202112 382.953 278.802 458.705
202203 375.209 287.504 435.826
202206 379.045 296.311 427.196
202209 379.210 296.808 426.666
202212 368.353 296.797 414.466
202303 343.178 301.836 379.693
202306 324.673 305.109 355.365
202309 331.116 307.789 359.262
202312 320.842 306.746 349.298
202403 316.252 312.332 338.143
202406 349.262 314.175 371.248
202409 376.096 315.301 398.343
202412 397.795 315.605 420.920
202503 395.757 319.799 413.272
202506 363.847 322.561 376.696
202509 357.510 324.800 367.584
202512 356.762 324.054 367.659
202603 360.065 330.213 364.142
202606 348.925 333.952 348.925

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 1.66 mean?
PPL (MEX:PPLC) has a Cyclically Adjusted PB Ratio of 1.66 as of Sep. 06, 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 PPL and its competitors. This is near median its historical median of 1.57. Over the past decade, PPL's Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.23. According to the industry distribution chart, PPL ranks #241 out of 424 companies in the Utilities - Regulated industry, placing it in the top 56.8%.
Is PPL's Cyclically Adjusted PB Ratio too high?
PPL's current Cyclically Adjusted PB Ratio of 1.66 is near median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.23. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.51. PPL's value of 1.66 is 9.9% above this industry median. Based on the distribution chart, PPL ranks #241 out of 424 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, PPL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does PPL's Cyclically Adjusted PB Ratio compare to CNP and FE?
According to the Utilities - Regulated industry distribution chart, PPL ranks #241 out of 424 companies for Cyclically Adjusted PB Ratio. This places PPL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. PPL's value of 1.66 is 9.9% above this benchmark. Historically, PPL's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.23 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.51, PPL 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 1.51, based on 424 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. PPL's current Cyclically Adjusted PB Ratio of 1.66 is 9.9% 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 PPL and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPL's current Cyclically Adjusted PB Ratio is 1.66, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPL stock overvalued right now?
PPL (MEX:PPLC) has a current Cyclically Adjusted PB Ratio of 1.66. The stock's GF Value™ is MXN677.03, compared to a current price of MXN650.00 — trading 4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.66, which is near median its 10-year median of 1.57 and 9.9% above the Utilities - Regulated industry median of 1.51. PPL's overall GF Score™ is 74/100 with 6 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 PPL (MEX:PPLC), the current Cyclically Adjusted PB Ratio is 1.66 as of Sep. 06, 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 PPL (MEX:PPLC) Overvalued in 2026?

Based on GuruFocus' analysis, PPL stock appears to be undervalued. The current stock price of MXN650.00 is trading 4% below its estimated GF Value™ of MXN677.03.

Key valuation signals for MEX:PPLC:

  • Cyclically Adjusted PB Ratio: 1.66 (near median its 10-year median of 1.57)
  • GF Value™: MXN677.03 vs. price of MXN650.00 (4% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 9.9% above the Utilities - Regulated median (#241 of 424)

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


PPL Business Description

Address 645 Hamilton Street, Allentown, PA, USA, 18101
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. In Kentucky, LG&E and KU are involved in regulated electricity generation, transmission, and distribution. LG&E also provides regulated natural gas distribution. Rhode Island Energy operates electric and gas utilities in the state.
74GF Score

Get the complete analysis for MEX:PPLC

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

MXN650.00
Price
MXN677.03
GF Value