WEC (WEC Energy Group) Cyclically Adjusted PB Ratio: 2.82 (As of Jul. 11, 2026) — Near Median


WEC WEC Energy Group Inc WEC
81 GF Score
Price $114.96
GF Value $108.48
Valuation Fairly Valued
! 10 Warning Signs
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What is WEC Energy Group Cyclically Adjusted PB Ratio?

WEC Energy Group WEC +0.06% 81 Cyclically Adjusted PB Ratio is 2.82 as of Jul. 11, 2026, which is 6% below its 10-year median of 3.00. GuruFocus rates WEC with a GF Score™ of 81/100 and a GF Value™ of $108.48 (Fairly Valued). The stock has 10 warning signs investors should review. Among 439 Utilities - Regulated companies, WEC Energy Group ranks worse than 83.14% on this metric.

As of today (2026-07-11), WEC Energy Group's current share price is $114.96. WEC Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $40.76. WEC Energy Group's Cyclically Adjusted PB Ratio for today is 2.82.

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

WEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 3   Max: 4.16
Current: 2.82

During the past years, WEC Energy Group's highest Cyclically Adjusted PB Ratio was 4.16. The lowest was 2.08. And the median was 3.00.

WEC's Cyclically Adjusted PB Ratio is ranked worse than
83.14% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs WEC: 2.82

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.

WEC Energy Group's adjusted book value per share data for the three months ended in Mar. 2026 was $43.383. 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 $40.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WEC Energy Group  (NYSE:WEC) 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.


WEC Energy Group Cyclically Adjusted PB Ratio Related Terms


WEC Energy Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WEC Energy Group'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.

WEC Energy Group Cyclically Adjusted PB Ratio Chart

WEC Energy Group 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 3.21 2.80 2.34 2.46 2.64

WEC Energy Group 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 2.79 2.64 2.87 2.64 2.84

WEC vs PCG, ED, PEG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, WEC Energy Group'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.


WEC Energy Group Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WEC Energy Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WEC
81GF Score
WEC Energy Group Inc WEC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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WEC Energy Group 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.

WEC Energy Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.96/40.76
=2.82

* 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.

WEC Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, WEC Energy Group'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)
=43.383/330.2130*330.2130
=43.383

Current CPI (Mar. 2026) = 330.2130.

WEC Energy Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 28.084 241.018 38.477
201609 28.268 241.428 38.664
201612 28.293 241.432 38.697
201703 28.917 243.801 39.166
201706 29.003 244.955 39.098
201709 29.138 246.819 38.983
201712 29.981 246.524 40.159
201803 30.639 249.554 40.542
201806 30.823 251.989 40.391
201809 30.981 252.439 40.526
201812 31.024 251.233 40.777
201903 31.653 254.202 41.118
201906 31.754 256.143 40.936
201909 31.864 256.759 40.980
201912 32.062 256.974 41.200
202003 32.793 258.115 41.953
202006 32.919 257.797 42.166
202009 33.131 260.280 42.033
202012 33.191 260.474 42.078
202103 34.134 264.877 42.554
202106 34.336 271.696 41.731
202109 34.582 274.310 41.630
202112 34.597 278.802 40.977
202203 35.643 287.504 40.938
202206 35.794 296.311 39.889
202209 35.999 296.808 40.051
202212 36.067 296.797 40.128
202303 36.891 301.836 40.359
202306 37.033 305.109 40.080
202309 37.260 307.789 39.975
202312 37.168 306.746 40.011
202403 38.353 312.332 40.549
202406 38.227 314.175 40.178
202409 38.191 315.301 39.997
202412 39.017 315.605 40.823
202503 40.659 319.799 41.983
202506 41.083 322.561 42.058
202509 41.711 324.800 42.406
202512 41.829 324.054 42.624
202603 43.383 330.213 43.383

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 2.82 mean?
WEC Energy Group (WEC) has a Cyclically Adjusted PB Ratio of 2.82 as of Jul. 11, 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 WEC Energy Group and its competitors. This is near median its historical median of 3.00. Over the past decade, WEC Energy Group's Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.16. According to the industry distribution chart, WEC Energy Group ranks #365 out of 439 companies in the Utilities - Regulated industry, placing it in the top 83.1%.
Is WEC Energy Group's Cyclically Adjusted PB Ratio too high?
WEC Energy Group's current Cyclically Adjusted PB Ratio of 2.82 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 4.16. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. WEC Energy Group's value of 2.82 is 84.3% above this industry median. Based on the distribution chart, WEC Energy Group ranks #365 out of 439 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, WEC Energy Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WEC Energy Group's Cyclically Adjusted PB Ratio compare to PCG and ED?
According to the Utilities - Regulated industry distribution chart, WEC Energy Group ranks #365 out of 439 companies for Cyclically Adjusted PB Ratio. This places WEC Energy Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. WEC Energy Group's value of 2.82 is 84.3% above this benchmark. Historically, WEC Energy Group's own Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.16 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 1.53, WEC Energy Group 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 439 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. WEC Energy Group's current Cyclically Adjusted PB Ratio of 2.82 is 84.3% 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 WEC Energy Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WEC Energy Group's current Cyclically Adjusted PB Ratio is 2.82, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WEC Energy Group stock overvalued right now?
Based on GuruFocus' analysis, WEC Energy Group (WEC) is currently considered Fairly Valued. The stock's GF Value™ is $108.48, compared to a current price of $114.96 — trading 6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.82, which is near median its 10-year median of 3.00 and 84.3% above the Utilities - Regulated industry median of 1.53. WEC Energy Group's overall GF Score™ is 81/100 with 10 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 WEC Energy Group (WEC), the current Cyclically Adjusted PB Ratio is 2.82 as of Jul. 11, 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 WEC Energy Group (WEC) Overvalued in 2026?

Based on GuruFocus' analysis, WEC Energy Group stock appears to be overvalued. The current stock price of $114.96 is trading 6% above its estimated GF Value™ of $108.48. GuruFocus considers WEC Energy Group to be Fairly Valued.

Key valuation signals for WEC:

  • Cyclically Adjusted PB Ratio: 2.82 (near median its 10-year median of 3.00)
  • GF Value™: $108.48 vs. price of $114.96 (6% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 84.3% above the Utilities - Regulated median (#365 of 439)

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


WEC Energy Group Business Description

Address 231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 30% gas distribution, 10% electric transmission, 9% unregulated renewable energy, and 2% LNG distribution and generation.
81GF 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.

$114.96
Price
$108.48
GF Value