G-Energy (WAR:GNG) Cyclically Adjusted PB Ratio: 1.19 (As of Aug. 18, 2026)

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WAR:GNG G-Energy SA WAR:GNG
4 GF Score
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What is G-Energy Cyclically Adjusted PB Ratio?

G-Energy WAR:GNG 4 Cyclically Adjusted PB Ratio is 1.19 as of Aug. 18, 2026. GuruFocus rates WAR:GNG with a GF Score™ of 4/100.

As of today (2026-08-18), G-Energy's current share price is zł0.179. G-Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was zł0.15. G-Energy's Cyclically Adjusted PB Ratio for today is 1.19.

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

WAR:GNG's Cyclically Adjusted PB Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.095
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

G-Energy's adjusted book value per share data for the three months ended in Jun. 2024 was zł0.163. 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 zł0.15 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


G-Energy  (WAR:GNG) 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.


G-Energy Cyclically Adjusted PB Ratio Related Terms


G-Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for G-Energy'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.

G-Energy Cyclically Adjusted PB Ratio Chart

G-Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.58 2.37 2.30

G-Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.19 2.26 2.30 2.22 1.79

WAR:GNG vs GEV, CEG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Renewable subindustry, G-Energy'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.


G-Energy Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where G-Energy's Cyclically Adjusted PB Ratio falls into.


WAR:GNG
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G-Energy SA WAR:GNG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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G-Energy 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.

G-Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.179/0.15
=1.19

* 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.

G-Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, G-Energy's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.163/150.9971*150.9971
=0.163

Current CPI (Jun. 2024) = 150.9971.

G-Energy Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.004 100.611 0.006
201412 0.083 100.122 0.125
201503 0.079 100.041 0.119
201506 0.081 100.448 0.122
201509 0.092 99.634 0.139
201512 0.089 99.471 0.135
201603 0.088 98.983 0.134
201606 0.088 99.552 0.133
201609 0.086 99.064 0.131
201612 0.085 100.366 0.128
201703 0.088 101.018 0.132
201706 0.087 101.180 0.130
201709 0.089 101.343 0.133
201712 0.089 102.564 0.131
201803 0.094 102.564 0.138
201806 0.094 103.378 0.137
201809 0.098 103.378 0.143
201812 0.108 103.785 0.157
201903 0.113 104.274 0.164
201906 0.118 105.983 0.168
201909 0.128 105.983 0.182
201912 0.128 107.123 0.180
202003 0.135 109.076 0.187
202006 0.138 109.402 0.190
202009 0.141 109.320 0.195
202012 0.132 109.565 0.182
202103 0.136 112.658 0.182
202106 0.137 113.960 0.182
202109 0.138 115.588 0.180
202112 0.135 119.088 0.171
202203 0.138 125.031 0.167
202206 0.143 131.705 0.164
202209 0.138 135.531 0.154
202212 0.143 139.113 0.155
202303 0.143 145.950 0.148
202306 0.137 147.009 0.141
202309 0.145 146.113 0.150
202312 0.154 147.741 0.157
202403 0.157 149.044 0.159
202406 0.163 150.997 0.163

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 1.19 mean?
G-Energy (WAR:GNG) has a Cyclically Adjusted PB Ratio of 1.19 as of Aug. 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 G-Energy and its competitors.
Is G-Energy's Cyclically Adjusted PB Ratio too high?
G-Energy's current Cyclically Adjusted PB Ratio is 1.19. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.10. G-Energy's value of 1.19 is 8.7% above this industry median. Overall, G-Energy has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does G-Energy's Cyclically Adjusted PB Ratio compare to GEV and CEG?
G-Energy's Cyclically Adjusted PB Ratio of 1.19 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cyclically Adjusted PB Ratio is 1.10. G-Energy's value of 1.19 is 8.7% above this benchmark. 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 - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.10, based on 272 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. G-Energy's current Cyclically Adjusted PB Ratio of 1.19 is 8.7% 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 G-Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G-Energy's current Cyclically Adjusted PB Ratio is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-Energy stock overvalued right now?
G-Energy (WAR:GNG) has a current Cyclically Adjusted PB Ratio of 1.19. The current Cyclically Adjusted PB Ratio is 1.19 and 8.7% above the Utilities - Independent Power Producers industry median of 1.10. G-Energy's overall GF Score™ is 4/100. 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 G-Energy (WAR:GNG), the current Cyclically Adjusted PB Ratio is 1.19 as of Aug. 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.

G-Energy Business Description

Address ul. Zygmunta Padlewskiego 18c, Plock, POL, 09-402
G-Energy SA is an alternative energy company. The company is focused on producing and distributing electricity from wind energy, biomass, and solar energy.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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