PGPKY (Polska Grupa Energetyczna) Cyclically Adjusted PB Ratio: 0.38 (As of Sep. 07, 2026) — 27% Above Median

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PGPKY Polska Grupa Energetyczna SA PGPKY
59 GF Score
Price $5.27
GF Value $2.49
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Polska Grupa Energetyczna Cyclically Adjusted PB Ratio?

Polska Grupa Energetyczna PGPKY 59 Cyclically Adjusted PB Ratio is 0.38 as of Sep. 07, 2026, which is 27% above its 10-year median of 0.30. GuruFocus rates PGPKY with a GF Score™ of 59/100 and a GF Value™ of $2.49 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 424 Utilities - Regulated companies, Polska Grupa Energetyczna ranks better than 88.68% on this metric.

As of today (2026-09-07), Polska Grupa Energetyczna's current share price is $5.27. Polska Grupa Energetyczna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.77. Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio for today is 0.38.

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

PGPKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.3   Max: 0.53
Current: 0.4

During the past years, Polska Grupa Energetyczna's highest Cyclically Adjusted PB Ratio was 0.53. The lowest was 0.12. And the median was 0.30.

PGPKY's Cyclically Adjusted PB Ratio is ranked better than
88.68% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs PGPKY: 0.40

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.

Polska Grupa Energetyczna's adjusted book value per share data for the three months ended in Mar. 2026 was $10.903. 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 $13.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polska Grupa Energetyczna  (OTCPK:PGPKY) 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.


Polska Grupa Energetyczna Cyclically Adjusted PB Ratio Related Terms


Polska Grupa Energetyczna Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Polska Grupa Energetyczna'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.

Polska Grupa Energetyczna Cyclically Adjusted PB Ratio Chart

Polska Grupa Energetyczna 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 0.30 0.22 0.27 0.19 0.28

Polska Grupa Energetyczna 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 0.25 0.36 0.34 0.28 0.33

PGPKY vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Polska Grupa Energetyczna'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.


Polska Grupa Energetyczna Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


PGPKY
59GF Score
Polska Grupa Energetyczna SA PGPKY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Polska Grupa Energetyczna 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.

Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.27/13.77
=0.38

* 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.

Polska Grupa Energetyczna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Polska Grupa Energetyczna'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)
=10.903/163.0700*163.0700
=10.903

Current CPI (Mar. 2026) = 163.0700.

Polska Grupa Energetyczna Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.665 99.552 19.108
201609 11.825 99.064 19.465
201612 12.312 100.366 20.004
201703 12.580 101.018 20.308
201706 12.726 101.180 20.510
201709 13.152 101.343 21.163
201712 13.019 102.564 20.699
201803 13.406 102.564 21.315
201806 13.513 103.378 21.316
201809 13.615 103.378 21.476
201812 13.480 103.785 21.180
201903 13.638 104.274 21.328
201906 13.898 105.983 21.384
201909 14.052 105.983 21.621
201912 12.200 107.123 18.572
202003 12.359 109.076 18.477
202006 11.938 109.402 17.794
202009 12.054 109.320 17.981
202012 12.266 109.565 18.256
202103 12.519 112.658 18.121
202106 13.018 113.960 18.628
202109 13.327 115.588 18.802
202112 13.701 119.088 18.761
202203 14.095 125.031 18.383
202206 15.786 131.705 19.545
202209 13.426 135.531 16.154
202212 12.871 139.113 15.088
202303 13.203 145.950 14.752
202306 13.055 147.009 14.481
202309 13.397 146.113 14.952
202312 11.157 147.741 12.315
202403 11.609 149.044 12.702
202406 11.854 150.997 12.802
202409 11.855 153.439 12.599
202412 10.691 154.660 11.272
202503 11.347 157.021 11.784
202506 9.010 157.509 9.328
202509 9.216 158.000 9.512
202512 10.054 158.320 10.356
202603 10.903 163.070 10.903

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 0.38 mean?
Polska Grupa Energetyczna (PGPKY) has a Cyclically Adjusted PB Ratio of 0.38 as of Sep. 07, 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 Polska Grupa Energetyczna and its competitors. This is 27% above median its historical median of 0.30. Over the past decade, Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.53. According to the industry distribution chart, Polska Grupa Energetyczna ranks #48 out of 424 companies in the Utilities - Regulated industry, placing it in the top 11.3%.
Is Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio too high?
Polska Grupa Energetyczna's current Cyclically Adjusted PB Ratio of 0.38 is 27% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.53. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.51. Polska Grupa Energetyczna's value of 0.38 is 74.8% below this industry median. Based on the distribution chart, Polska Grupa Energetyczna ranks #48 out of 424 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Polska Grupa Energetyczna has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Polska Grupa Energetyczna ranks #48 out of 424 companies for Cyclically Adjusted PB Ratio. This places Polska Grupa Energetyczna in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.51. Polska Grupa Energetyczna's value of 0.38 is 74.8% below this benchmark. Historically, Polska Grupa Energetyczna's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.53 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.51, Polska Grupa Energetyczna has consistently been below 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. Polska Grupa Energetyczna's current Cyclically Adjusted PB Ratio of 0.38 is 74.8% below 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 Polska Grupa Energetyczna 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. Polska Grupa Energetyczna's current Cyclically Adjusted PB Ratio is 0.38, which is 27% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polska Grupa Energetyczna stock overvalued right now?
Based on GuruFocus' analysis, Polska Grupa Energetyczna (PGPKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.49, compared to a current price of $5.27 — trading 111.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 27% above median its 10-year median of 0.30 and 74.8% below the Utilities - Regulated industry median of 1.51. Polska Grupa Energetyczna's overall GF Score™ is 59/100 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 Polska Grupa Energetyczna (PGPKY), the current Cyclically Adjusted PB Ratio is 0.38 as of Sep. 07, 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 Polska Grupa Energetyczna (PGPKY) Overvalued in 2026?

Based on GuruFocus' analysis, Polska Grupa Energetyczna stock appears to be overvalued. The current stock price of $5.27 is trading 111.6% above its estimated GF Value™ of $2.49. GuruFocus considers Polska Grupa Energetyczna to be Significantly Overvalued.

Key valuation signals for PGPKY:

  • Cyclically Adjusted PB Ratio: 0.38 (27% above median its 10-year median of 0.30)
  • GF Value™: $2.49 vs. price of $5.27 (111.6% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 74.8% below the Utilities - Regulated median (#48 of 424)

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


Polska Grupa Energetyczna Business Description

Other Exchanges PGE:Poland6PG:Germany
Address Aleja Krasnicka 27, Warsaw, POL, 20-718
Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.
59GF Score

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$5.27
Price
$2.49
GF Value