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Sanima Mai HydropowerXNEP:SHPC -0.79%78 Cyclically Adjusted PB Ratio is 4.17 as of Aug. 03, 2026, which is 9% below its 10-year median of 4.60. GuruFocus rates XNEP:SHPC with a GF Score™ of 78/100 and a GF Value™ of NPR278.87 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 278 Utilities - Independent Power Producers companies, Sanima Mai Hydropower ranks worse than 90.29% on this metric.
The historical rank and industry rank for Sanima Mai Hydropower's Cyclically Adjusted PB Ratio or its related term are showing as below:
XNEP:SHPC'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.08 Med: 4.6 Max: 5.95
Current: 4.31
During the past years, Sanima Mai Hydropower's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 4.08. And the median was 4.60.
XNEP:SHPC's Cyclically Adjusted PB Ratio is ranked worse than 90.29% of 278
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.095
vs XNEP:SHPC: 4.31
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.
Sanima Mai Hydropower's adjusted book value per share data for the three months ended in Apr. 2026 was NPR133.391. 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 NPR120.20 for the trailing ten years ended in Apr. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sanima Mai Hydropower (XNEP:SHPC) 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.
Sanima Mai Hydropower Cyclically Adjusted PB Ratio Related Terms
Sanima Mai Hydropower Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Sanima Mai Hydropower'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.
Sanima Mai Hydropower Cyclically Adjusted PB Ratio Chart
Sanima Mai Hydropower Cyclically Adjusted PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Sanima Mai Hydropower'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.
Sanima Mai Hydropower Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sanima Mai Hydropower's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Sanima Mai Hydropower's Cyclically Adjusted PB Ratio falls into.
Sanima Mai Hydropower 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.
* 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.
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 4.17 mean?
Sanima Mai Hydropower (XNEP:SHPC) has a Cyclically Adjusted PB Ratio of 4.17 as of Aug. 03, 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 Sanima Mai Hydropower and its competitors. This is near median its historical median of 4.60. Over the past decade, Sanima Mai Hydropower's Cyclically Adjusted PB Ratio has ranged from 4.08 to 5.95. According to the industry distribution chart, Sanima Mai Hydropower ranks #251 out of 278 companies in the Utilities - Independent Power Producers industry, placing it in the top 90.3%.
Is Sanima Mai Hydropower's Cyclically Adjusted PB Ratio too high?
Sanima Mai Hydropower's current Cyclically Adjusted PB Ratio of 4.17 is near median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 4.08 to a high of 5.95. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.10. Sanima Mai Hydropower's value of 4.17 is 280.8% above this industry median. Based on the distribution chart, Sanima Mai Hydropower ranks #251 out of 278 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Sanima Mai Hydropower has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanima Mai Hydropower's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Sanima Mai Hydropower ranks #251 out of 278 companies for Cyclically Adjusted PB Ratio. This places Sanima Mai Hydropower in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. Sanima Mai Hydropower's value of 4.17 is 280.8% above this benchmark. Historically, Sanima Mai Hydropower's own Cyclically Adjusted PB Ratio has ranged from 4.08 to 5.95 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 1.10, Sanima Mai Hydropower 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 1.10, based on 278 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. Sanima Mai Hydropower's current Cyclically Adjusted PB Ratio of 4.17 is 280.8% 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 Sanima Mai Hydropower 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. Sanima Mai Hydropower's current Cyclically Adjusted PB Ratio is 4.17, which is near median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanima Mai Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Sanima Mai Hydropower (XNEP:SHPC) is currently considered Significantly Overvalued. The stock's GF Value™ is NPR278.87, compared to a current price of NPR501.00 — trading 79.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.17, which is near median its 10-year median of 4.60 and 280.8% above the Utilities - Independent Power Producers industry median of 1.10. Sanima Mai Hydropower's overall GF Score™ is 78/100 with 7 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 Sanima Mai Hydropower (XNEP:SHPC), the current Cyclically Adjusted PB Ratio is 4.17 as of Aug. 03, 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 Sanima Mai Hydropower (XNEP:SHPC) Overvalued in 2026?
Based on GuruFocus' analysis, Sanima Mai Hydropower stock appears to be overvalued.
The current stock price of NPR501.00 is trading 79.7% above its estimated GF Value™ of NPR278.87.
GuruFocus considers Sanima Mai Hydropower to be Significantly Overvalued.
Key valuation signals for XNEP:SHPC:
Cyclically Adjusted PB Ratio: 4.17 (near median its 10-year median of 4.60)
GF Value™: NPR278.87 vs. price of NPR501.00 (79.7% above fair value)
Industry Position: 280.8% above the Utilities - Independent Power Producers median (#251 of 278)
No single metric tells the full story. See the XNEP:SHPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanima Mai Hydropower Ltd is a hydropower company. Its activity is to generate and sell hydroelectricity to the Nepal Electricity Authority. The company's operating segment include Mai Hydropower Plant and Mai Cascade Hydropower Plant. It generates maximum revenue from the Mai Hydropower Plant segment. The Mai Hydropower Project is a run-of-the-river hydropower plant with an installed capacity of 22MW.
78GF Score
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