PUPOF (Public Power) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PUPOF Public Power Corp SA PUPOF
72 GF Score
Price $21.20
GF Value $12.10
! 8 Warning Signs
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What is Public Power Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Power  (OTCPK:PUPOF) 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.


Public Power Cyclically Adjusted PB Ratio Related Terms


Public Power Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Public Power'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.

Public Power Cyclically Adjusted PB Ratio Chart

Public Power 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 0.45 0.23 0.34 0.53 0.55

Public Power 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 0.52 0.52 0.55 0.85 0.94

Public Power Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Public Power'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.


Public Power Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Public Power's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PUPOF
72GF Score
Public Power Corp SA PUPOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Public Power 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.

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

For example, Public Power'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)
=20.131/126.7200*126.7200
=20.131

Current CPI (Jun. 2026) = 126.7200.

Public Power Quarterly Data

Book Value per Share CPI Adj_Book
201209 36.436 104.662 44.115
201212 33.269 104.729 40.255
201303 32.225 104.150 39.208
201306 32.050 104.198 38.978
201309 32.659 103.487 39.991
201312 32.094 102.937 39.509
201403 32.585 102.748 40.188
201406 32.458 103.060 39.909
201409 30.087 102.624 37.151
201412 31.997 100.254 40.444
201503 28.658 100.549 36.117
201506 29.911 100.838 37.588
201509 29.174 100.856 36.655
201512 27.680 100.087 35.046
202003 14.339 101.479 17.906
202006 14.866 100.239 18.793
202009 15.436 99.886 19.583
202012 16.280 99.751 20.682
202103 15.447 99.817 19.610
202106 16.967 101.270 21.231
202109 17.103 102.095 21.228
202112 15.120 104.853 18.273
202203 14.127 108.651 16.476
202206 12.735 113.517 14.216
202209 11.290 114.371 12.509
202212 13.139 112.428 14.809
202303 13.793 113.620 15.383
202306 14.204 115.515 15.582
202309 13.990 116.234 15.252
202312 16.266 116.364 17.714
202403 16.193 117.285 17.496
202406 15.869 118.129 17.023
202409 16.285 119.650 17.247
202412 17.885 119.360 18.988
202503 18.127 120.133 19.121
202506 20.114 121.399 20.996
202509 20.922 121.950 21.740
202512 20.685 122.450 21.406
202603 21.071 124.820 21.392
202606 20.131 126.720 20.131

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.

Is Public Power (PUPOF) Overvalued in 2026?

Based on GuruFocus' analysis, Public Power stock appears to be overvalued. The current stock price of $21.20 is trading 75.2% above its estimated GF Value™ of $12.10.

Key valuation signals for PUPOF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $12.10 vs. price of $21.20 (75.2% above fair value)
  • GF Score™: 72/100 with 8 warning signs

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


Public Power Business Description

Address 30, Chalkokondyli Street, Athens, GRC, 104 32
Public Power Corp SA is a public electric utility company with the Hellenic Republic as its main shareholder. The company is involved in generating, transmitting, and distributing electric energy. The company, along with its subsidiaries, operates a variety of power plants, including natural gas, coal, hydroelectric, wind, and solar plants. PPC majorly generates electricity from its thermal energy facilities. The company is divided into segments including Production/Supply, which includes production from lignite, oil, natural gas, and renewable energy sources, as well as lignite mining in support of production and supply activities in Greece and Romania. Other segments include the Distribution network and others.
72GF Score

Get the complete analysis for PUPOF

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

$21.20
Price
$12.10
GF Value