Axia Energia (STU:L3XC) Cyclically Adjusted PB Ratio: (As of Aug. 16, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

STU:L3XC Axia Energia STU:L3XC
70 GF Score
Price €6.30
GF Value €5.21
! 5 Warning Signs
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What is Axia Energia Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axia Energia  (STU:L3XC) 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.


Axia Energia Cyclically Adjusted PB Ratio Related Terms


Axia Energia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Axia 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.

Axia Energia Cyclically Adjusted PB Ratio Chart

Axia 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 0.58 0.76 0.77 0.62 0.90

Axia Energia 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 0.72 0.94 0.90 1.02 0.93

Axia Energia Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Axia 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.


Axia Energia Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


STU:L3XC
70GF Score
Axia Energia STU:L3XC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Axia 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.

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

For example, Axia Energia'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)
=8.89/177.5443*177.5443
=8.890

Current CPI (Jun. 2026) = 177.5443.

Axia Energia Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.972 109.986 16.097
201612 8.781 110.802 14.070
201703 9.585 111.869 15.212
201706 8.724 112.115 13.815
201709 8.764 112.777 13.797
201712 7.631 114.068 11.878
201803 7.684 114.868 11.877
201806 7.179 117.038 10.890
201809 6.349 117.881 9.562
201812 8.777 118.340 13.168
201903 9.225 120.124 13.635
201906 10.052 120.977 14.752
201909 9.767 121.292 14.297
201912 10.899 123.436 15.677
202003 0.000 124.092 0.000
202006 7.899 123.557 11.350
202009 7.261 125.095 10.305
202012 7.147 129.012 9.836
202103 6.608 131.660 8.911
202106 7.562 133.871 10.029
202109 7.463 137.913 9.608
202112 7.253 141.992 9.069
202203 8.755 146.537 10.608
202206 8.809 149.784 10.442
202209 9.043 147.800 10.863
202212 8.374 150.207 9.898
202303 8.352 153.352 9.670
202306 9.110 154.519 10.468
202309 9.228 155.464 10.539
202312 9.075 157.148 10.253
202403 8.956 159.372 9.977
202406 8.474 161.052 9.342
202409 8.501 162.342 9.297
202412 8.214 164.740 8.852
202503 8.414 168.102 8.887
202506 7.996 169.670 8.367
202509 7.483 170.739 7.781
202512 7.958 171.765 8.226
202603 8.602 175.066 8.724
202606 8.890 177.544 8.890

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 Axia Energia (STU:L3XC) Overvalued in 2026?

Based on GuruFocus' analysis, Axia Energia stock appears to be overvalued. The current stock price of €6.30 is trading 20.8% above its estimated GF Value™ of €5.21.

Key valuation signals for STU:L3XC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €5.21 vs. price of €6.30 (20.8% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the STU:L3XC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axia Energia Business Description

Address Avenida Graca Aranha, 26 19th floor, Centro, Rio de Janeiro, RJ, BRA, 20030-900
Axia Energia is engaged in the generation, transmission, and commercialization of electricity in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country.
70GF Score

Get the complete analysis for STU:L3XC

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

€6.30
Price
€5.21
GF Value