PPENF (Pampa Energia) Cyclically Adjusted PB Ratio: 4.49 (As of Jul. 18, 2026) — 49% Below Median

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PPENF Pampa Energia SA PPENF
88 GF Score
Price $1.75
GF Value $2.87
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Pampa Energia Cyclically Adjusted PB Ratio?

Pampa Energia PPENF 88 Cyclically Adjusted PB Ratio is 4.49 as of Jul. 18, 2026, which is 49% below its 10-year median of 8.88. GuruFocus rates PPENF with a GF Score™ of 88/100 and a GF Value™ of $2.87 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 478 Conglomerates companies, Pampa Energia ranks worse than 92.68% on this metric.

As of today (2026-07-18), Pampa Energia's current share price is $1.75. Pampa Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.39. Pampa Energia's Cyclically Adjusted PB Ratio for today is 4.49.

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

PPENF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.39   Med: 8.88   Max: 23.45
Current: 6.74

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.

PPENF's Cyclically Adjusted PB Ratio is ranked worse than
92.68% of 478 companies
in the Conglomerates industry
Industry Median: 1.06 vs PPENF: 6.74

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 Mar. 2026 was $2.779. 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 $0.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pampa Energia  (OTCPK:PPENF) 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 7.99

Pampa Energia 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 10.24 7.05 6.54 7.99 6.78

PPENF vs HON, MMM: 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.


PPENF
88GF Score
Pampa Energia SA PPENF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=1.75/0.39
=4.49

* 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 Mar. 2026 is calculated as:

For example, Pampa Energia'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)
=2.779/330.2130*330.2130
=2.779

Current CPI (Mar. 2026) = 330.2130.

Pampa Energia Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.273 241.018 0.374
201609 0.231 241.428 0.316
201612 0.375 241.432 0.513
201703 0.452 243.801 0.612
201706 0.426 244.955 0.574
201709 0.440 246.819 0.589
201712 1.602 246.524 2.146
201803 0.539 249.554 0.713
201806 0.184 251.989 0.241
201809 0.010 252.439 0.013
201812 0.729 251.233 0.958
201903 0.778 254.202 1.011
201906 1.069 256.143 1.378
201909 1.093 256.759 1.406
201912 1.143 256.974 1.469
202003 1.162 258.115 1.487
202006 1.173 257.797 1.502
202009 1.274 260.280 1.616
202012 0.984 260.474 1.247
202103 1.022 264.877 1.274
202106 1.126 271.696 1.369
202109 1.241 274.310 1.494
202112 1.291 278.802 1.529
202203 1.390 287.504 1.596
202206 1.448 296.311 1.614
202209 1.590 296.808 1.769
202212 1.650 296.797 1.836
202303 1.766 301.836 1.932
202306 1.916 305.109 2.074
202309 2.028 307.789 2.176
202312 1.768 306.746 1.903
202403 2.093 312.332 2.213
202406 2.215 314.175 2.328
202409 2.356 315.301 2.467
202412 2.417 315.605 2.529
202503 2.572 319.799 2.656
202506 2.563 322.561 2.624
202509 2.525 324.800 2.567
202512 2.645 324.054 2.695
202603 2.779 330.213 2.779

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 4.49 mean?
Pampa Energia (PPENF) has a Cyclically Adjusted PB Ratio of 4.49 as of Jul. 18, 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 49% 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 #443 out of 478 companies in the Conglomerates industry, placing it in the top 92.7%.
Is Pampa Energia's Cyclically Adjusted PB Ratio too high?
Pampa Energia's current Cyclically Adjusted PB Ratio of 4.49 is 49% 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 1.06. Pampa Energia's value of 4.49 is 323.6% above this industry median. Based on the distribution chart, Pampa Energia ranks #443 out of 478 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Pampa Energia has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pampa Energia's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Pampa Energia ranks #443 out of 478 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 1.06. Pampa Energia's value of 4.49 is 323.6% 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 1.06, 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 1.06, based on 478 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 4.49 is 323.6% 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 1.06 — 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 4.49, which is 49% 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?
Based on GuruFocus' analysis, Pampa Energia (PPENF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.87, compared to a current price of $1.75 — trading 39% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.49, which is 49% below median its 10-year median of 8.88 and 323.6% above the Conglomerates industry median of 1.06. Pampa Energia's overall GF Score™ is 88/100 with 7 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 (PPENF), the current Cyclically Adjusted PB Ratio is 4.49 as of Jul. 18, 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 (PPENF) Overvalued in 2026?

Based on GuruFocus' analysis, Pampa Energia stock appears to be undervalued. The current stock price of $1.75 is trading 39% below its estimated GF Value™ of $2.87. GuruFocus considers Pampa Energia to be Significantly Undervalued.

Key valuation signals for PPENF:

  • Cyclically Adjusted PB Ratio: 4.49 (49% below median its 10-year median of 8.88)
  • GF Value™: $2.87 vs. price of $1.75 (39% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 323.6% above the Conglomerates median (#443 of 478)

No single metric tells the full story. See the PPENF 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.
88GF Score

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

$1.75
Price
$2.87
GF Value