Portland General Electric Co (STU:49P) Cyclically Adjusted PB Ratio: 1.33 (As of Aug. 08, 2026) — 17% Below Median

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STU:49P Portland General Electric Co STU:49P
61 GF Score
Price €42.40
GF Value €38.83
Valuation Fairly Valued
! 11 Warning Signs
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What is Portland General Electric Co Cyclically Adjusted PB Ratio?

Portland General Electric Co STU:49P +0.95% 61 Cyclically Adjusted PB Ratio is 1.33 as of Aug. 08, 2026, which is 17% below its 10-year median of 1.60. GuruFocus rates STU:49P with a GF Score™ of 61/100 and a GF Value™ of €38.83 (Fairly Valued). The stock has 11 warning signs investors should review. Among 437 Utilities - Regulated companies, Portland General Electric Co ranks better than 56.06% on this metric.

As of today (2026-08-08), Portland General Electric Co's current share price is €42.40. Portland General Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €31.95. Portland General Electric Co's Cyclically Adjusted PB Ratio for today is 1.33.

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

STU:49P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.6   Max: 2.34
Current: 1.33

During the past years, Portland General Electric Co's highest Cyclically Adjusted PB Ratio was 2.34. The lowest was 1.14. And the median was 1.60.

STU:49P's Cyclically Adjusted PB Ratio is ranked better than
56.06% of 437 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs STU:49P: 1.33

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.

Portland General Electric Co's adjusted book value per share data for the three months ended in Jun. 2026 was €30.909. 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 €31.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Portland General Electric Co  (STU:49P) 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.


Portland General Electric Co Cyclically Adjusted PB Ratio Related Terms


Portland General Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Portland General Electric Co'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.

Portland General Electric Co Cyclically Adjusted PB Ratio Chart

Portland General Electric Co 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 1.78 1.54 1.31 1.27 1.36

Portland General Electric Co 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 1.15 1.24 1.36 1.46 1.42

STU:49P vs TXNM, NWE, IDA: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Portland General Electric Co'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.


Portland General Electric Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where Portland General Electric Co's Cyclically Adjusted PB Ratio falls into.


STU:49P
61GF Score
Portland General Electric Co STU:49P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Portland General Electric Co 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.

Portland General Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.40/31.95
=1.33

* 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.

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

For example, Portland General Electric Co'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)
=30.909/333.9520*333.9520
=30.909

Current CPI (Jun. 2026) = 333.9520.

Portland General Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.145 241.428 32.015
201612 24.982 241.432 34.555
201703 25.058 243.801 34.324
201706 23.903 244.955 32.587
201709 22.620 246.819 30.605
201712 22.909 246.524 31.034
201803 22.263 249.554 29.792
201806 23.645 251.989 31.336
201809 23.873 252.439 31.582
201812 24.676 251.233 32.801
201903 25.236 254.202 33.153
201906 25.172 256.143 32.819
201909 26.050 256.759 33.882
201912 26.088 256.974 33.903
202003 26.685 258.115 34.525
202006 26.251 257.797 34.006
202009 24.614 260.280 31.581
202012 23.989 260.474 30.756
202103 25.085 264.877 31.627
202106 24.704 271.696 30.365
202109 25.431 274.310 30.960
202112 26.794 278.802 32.094
202203 27.569 287.504 32.023
202206 29.024 296.311 32.711
202209 31.226 296.808 35.134
202212 29.383 296.797 33.061
202303 30.083 301.836 33.284
202306 29.875 305.109 32.699
202309 30.531 307.789 33.126
202312 30.086 306.746 32.754
202403 30.889 312.332 33.027
202406 31.403 314.175 33.380
202409 31.014 315.301 32.849
202412 33.137 315.605 35.063
202503 32.471 319.799 33.908
202506 30.482 322.561 31.558
202509 30.394 324.800 31.250
202512 30.544 324.054 31.477
202603 30.794 330.213 31.143
202606 30.909 333.952 30.909

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 1.33 mean?
Portland General Electric Co (STU:49P) has a Cyclically Adjusted PB Ratio of 1.33 as of Aug. 08, 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 Portland General Electric Co and its competitors. This is 17% below median its historical median of 1.60. Over the past decade, Portland General Electric Co's Cyclically Adjusted PB Ratio has ranged from 1.14 to 2.34. According to the industry distribution chart, Portland General Electric Co ranks #192 out of 437 companies in the Utilities - Regulated industry, placing it in the top 43.9%.
Is Portland General Electric Co's Cyclically Adjusted PB Ratio too high?
Portland General Electric Co's current Cyclically Adjusted PB Ratio of 1.33 is 17% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 2.34. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Portland General Electric Co's value of 1.33 is 12.5% below this industry median. Based on the distribution chart, Portland General Electric Co ranks #192 out of 437 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Portland General Electric Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Portland General Electric Co's Cyclically Adjusted PB Ratio compare to TXNM and NWE?
According to the Utilities - Regulated industry distribution chart, Portland General Electric Co ranks #192 out of 437 companies for Cyclically Adjusted PB Ratio. This puts Portland General Electric Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Portland General Electric Co's value of 1.33 is 12.5% below this benchmark. Historically, Portland General Electric Co's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 2.34 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.52, Portland General Electric Co 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 1.52, based on 437 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. Portland General Electric Co's current Cyclically Adjusted PB Ratio of 1.33 is 12.5% 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 Portland General Electric Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Portland General Electric Co's current Cyclically Adjusted PB Ratio is 1.33, which is 17% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portland General Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Portland General Electric Co (STU:49P) is currently considered Fairly Valued. The stock's GF Value™ is €38.83, compared to a current price of €42.40 — trading 9.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.33, which is 17% below median its 10-year median of 1.60 and 12.5% below the Utilities - Regulated industry median of 1.52. Portland General Electric Co's overall GF Score™ is 61/100 with 11 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 Portland General Electric Co (STU:49P), the current Cyclically Adjusted PB Ratio is 1.33 as of Aug. 08, 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 Portland General Electric Co (STU:49P) Overvalued in 2026?

Based on GuruFocus' analysis, Portland General Electric Co stock appears to be overvalued. The current stock price of €42.40 is trading 9.2% above its estimated GF Value™ of €38.83. GuruFocus considers Portland General Electric Co to be Fairly Valued.

Key valuation signals for STU:49P:

  • Cyclically Adjusted PB Ratio: 1.33 (17% below median its 10-year median of 1.60)
  • GF Value™: €38.83 vs. price of €42.40 (9.2% above fair value)
  • GF Score™: 61/100 with 11 warning signs
  • Industry Position: 12.5% below the Utilities - Regulated median (#192 of 437)

No single metric tells the full story. See the STU:49P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Portland General Electric Co Business Description

Other Exchanges POR:USA
Address 121 South West Salmon Street, Portland, OR, USA, 97204
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services in a service territory that includes about half of all Oregon residents and two-thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.6 gigawatts of gas, coal, wind, and hydro generation, along with 300 megawatts of energy storage. In February 2026, PGE proposed acquiring utilities in Washington state from Berkshire Hathaway Energy.
61GF Score

Get the complete analysis for STU:49P

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

€42.40
Price
€38.83
GF Value