Butwal Power Co (XNEP:BPCL) Cyclically Adjusted PB Ratio: 2.66 (As of Sep. 05, 2026) — Near Median

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XNEP:BPCL Butwal Power Co Ltd XNEP:BPCL
65 GF Score
Price NPR633.60
GF Value NPR119.43
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Butwal Power Co Cyclically Adjusted PB Ratio?

Butwal Power Co XNEP:BPCL 65 Cyclically Adjusted PB Ratio is 2.66 as of Sep. 05, 2026, which is 5% below its 10-year median of 2.79. GuruFocus rates XNEP:BPCL with a GF Score™ of 65/100 and a GF Value™ of NPR119.43 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 261 Utilities - Independent Power Producers companies, Butwal Power Co ranks worse than 78.93% on this metric.

As of today (2026-09-05), Butwal Power Co's current share price is NPR633.60. Butwal Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was NPR238.50. Butwal Power Co's Cyclically Adjusted PB Ratio for today is 2.66.

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

XNEP:BPCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.79   Max: 4.45
Current: 2.66

During the past years, Butwal Power Co's highest Cyclically Adjusted PB Ratio was 4.45. The lowest was 1.68. And the median was 2.79.

XNEP:BPCL's Cyclically Adjusted PB Ratio is ranked worse than
78.93% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.19 vs XNEP:BPCL: 2.66

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.

Butwal Power Co's adjusted book value per share data for the three months ended in Jul. 2026 was NPR210.872. 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 NPR238.50 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Butwal Power Co  (XNEP:BPCL) 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.


Butwal Power Co Cyclically Adjusted PB Ratio Related Terms


Butwal Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Butwal Power 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.

Butwal Power Co Cyclically Adjusted PB Ratio Chart

Butwal Power Co Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25 Jul26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.72 4.01 2.75

Butwal Power Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 4.01 3.35 3.35 2.80 2.75

Butwal Power Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Butwal Power 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.


Butwal Power Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


XNEP:BPCL
65GF Score
Butwal Power Co Ltd XNEP:BPCL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Butwal Power 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.

Butwal Power Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=633.60/238.50
=2.66

* 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.

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

For example, Butwal Power Co's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=210.872/333.9180*333.9180
=210.872

Current CPI (Jul. 2026) = 333.9180.

Butwal Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201607 174.493 240.628 242.143
201610 0.000 241.729 0.000
201701 0.000 242.839 0.000
201704 169.730 244.524 231.781
201707 180.172 244.786 245.777
201710 170.905 246.663 231.361
201801 155.194 247.867 209.072
201804 206.261 250.546 274.897
201807 215.291 252.006 285.269
201901 212.911 251.712 282.445
201904 217.204 255.548 283.815
201907 225.585 256.571 293.591
201910 0.000 257.346 0.000
202001 204.805 257.971 265.100
202004 0.000 256.389 0.000
202007 210.862 259.101 271.750
202010 207.657 260.388 266.296
202101 0.000 261.582 0.000
202104 203.900 267.054 254.952
202107 205.772 273.003 251.686
202110 207.850 276.589 250.931
202201 202.313 281.148 240.286
202204 203.959 289.109 235.571
202207 204.740 296.276 230.752
202210 197.091 298.012 220.838
202301 194.916 299.170 217.555
202304 205.651 303.363 226.364
202307 193.300 305.691 211.149
202310 206.852 307.671 224.498
202401 206.729 308.417 223.822
202404 206.356 313.548 219.762
202407 206.950 314.540 219.700
202410 208.496 315.664 220.553
202501 207.105 317.671 217.697
202504 207.601 320.795 216.093
202507 222.501 323.048 229.988
202510 210.425 0.000
202601 208.357 325.252 213.908
202604 210.333 333.020 210.900
202607 210.872 333.918 210.872

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 2.66 mean?
Butwal Power Co (XNEP:BPCL) has a Cyclically Adjusted PB Ratio of 2.66 as of Sep. 05, 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 Butwal Power Co and its competitors. This is near median its historical median of 2.79. Over the past decade, Butwal Power Co's Cyclically Adjusted PB Ratio has ranged from 1.68 to 4.45. According to the industry distribution chart, Butwal Power Co ranks #206 out of 261 companies in the Utilities - Independent Power Producers industry, placing it in the top 78.9%.
Is Butwal Power Co's Cyclically Adjusted PB Ratio too high?
Butwal Power Co's current Cyclically Adjusted PB Ratio of 2.66 is near median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 4.45. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.19. Butwal Power Co's value of 2.66 is 123.5% above this industry median. Based on the distribution chart, Butwal Power Co ranks #206 out of 261 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Butwal Power Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butwal Power Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Butwal Power Co ranks #206 out of 261 companies for Cyclically Adjusted PB Ratio. This places Butwal Power Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Butwal Power Co's value of 2.66 is 123.5% above this benchmark. Historically, Butwal Power Co's own Cyclically Adjusted PB Ratio has ranged from 1.68 to 4.45 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 1.19, Butwal Power Co 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 - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.19, based on 261 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. Butwal Power Co's current Cyclically Adjusted PB Ratio of 2.66 is 123.5% 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 Butwal Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butwal Power Co's current Cyclically Adjusted PB Ratio is 2.66, which is near median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butwal Power Co stock overvalued right now?
Based on GuruFocus' analysis, Butwal Power Co (XNEP:BPCL) is currently considered Significantly Overvalued. The stock's GF Value™ is NPR119.43, compared to a current price of NPR633.60 — trading 430.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.66, which is near median its 10-year median of 2.79 and 123.5% above the Utilities - Independent Power Producers industry median of 1.19. Butwal Power Co's overall GF Score™ is 65/100 with 2 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 Butwal Power Co (XNEP:BPCL), the current Cyclically Adjusted PB Ratio is 2.66 as of Sep. 05, 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 Butwal Power Co (XNEP:BPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Butwal Power Co stock appears to be overvalued. The current stock price of NPR633.60 is trading 430.5% above its estimated GF Value™ of NPR119.43. GuruFocus considers Butwal Power Co to be Significantly Overvalued.

Key valuation signals for XNEP:BPCL:

  • Cyclically Adjusted PB Ratio: 2.66 (near median its 10-year median of 2.79)
  • GF Value™: NPR119.43 vs. price of NPR633.60 (430.5% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 123.5% above the Utilities - Independent Power Producers median (#206 of 261)

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


Butwal Power Co Business Description

Address Gangadevi Marga - 313, P.O. Box: 11728, Buddha Nagar, Kathmandu, NPL
Butwal Power Co Ltd is engaged in generation and distribution of electricity. The company is engaged in the development, operation, and maintenance of hydropower plants, engineering and design consultancy of hydropower and infrastructure projects, and manufacturing and repair of hydro-mechanical and electro-mechanical equipment for power plants through its subsidiary companies.
65GF Score

Get the complete analysis for XNEP:BPCL

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

NPR633.60
Price
NPR119.43
GF Value