Enel Americas (XSGO:ENELAM) Cyclically Adjusted PB Ratio: 0.66 (As of Sep. 08, 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XSGO:ENELAM Enel Americas SA XSGO:ENELAM
63 GF Score
Price CLP84.04
GF Value CLP107.80
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Enel Americas Cyclically Adjusted PB Ratio?

Enel Americas XSGO:ENELAM 63 Cyclically Adjusted PB Ratio is 0.66 as of Sep. 08, 2026, which is 22% below its 10-year median of 0.85. GuruFocus rates XSGO:ENELAM with a GF Score™ of 63/100 and a GF Value™ of CLP107.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 424 Utilities - Regulated companies, Enel Americas ranks better than 77.83% on this metric.

As of today (2026-09-08), Enel Americas's current share price is CLP84.04. Enel Americas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CLP127.39. Enel Americas's Cyclically Adjusted PB Ratio for today is 0.66.

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

XSGO:ENELAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.85   Max: 1.47
Current: 0.66

During the past years, Enel Americas's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.60. And the median was 0.85.

XSGO:ENELAM's Cyclically Adjusted PB Ratio is ranked better than
77.83% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs XSGO:ENELAM: 0.66

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.

Enel Americas's adjusted book value per share data for the three months ended in Jun. 2026 was CLP154.797. 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 CLP127.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enel Americas  (XSGO:ENELAM) 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.


Enel Americas Cyclically Adjusted PB Ratio Related Terms


Enel Americas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Enel Americas'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.

Enel Americas Cyclically Adjusted PB Ratio Chart

Enel Americas 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 0.78 0.89 0.78 0.71 0.70

Enel Americas 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 0.74 0.79 0.70 0.64 0.65

XSGO:ENELAM vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Enel Americas'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.


Enel Americas Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


XSGO:ENELAM
63GF Score
Enel Americas SA XSGO:ENELAM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enel Americas 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.

Enel Americas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=84.04/127.39
=0.66

* 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.

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

For example, Enel Americas'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)
=154.797/162.5100*162.5100
=154.797

Current CPI (Jun. 2026) = 162.5100.

Enel Americas Quarterly Data

Book Value per Share CPI Adj_Book
201609 76.760 104.521 119.347
201612 70.787 104.532 110.049
201703 72.430 105.752 111.304
201706 69.522 105.730 106.857
201709 70.773 106.035 108.467
201712 69.491 106.907 105.634
201803 69.942 107.670 105.566
201806 66.311 108.421 99.392
201809 77.548 109.369 115.227
201812 78.831 109.653 116.831
201903 79.358 110.339 116.881
201906 87.326 111.352 127.446
201909 91.811 111.821 133.430
201912 100.239 112.943 144.231
202003 0.000 114.468 0.000
202006 82.389 114.283 117.157
202009 78.184 115.275 110.221
202012 77.808 116.299 108.725
202103 0.000 117.770 0.000
202106 0.000 118.630 0.000
202109 0.000 121.431 0.000
202112 101.654 124.634 132.547
202203 107.637 128.850 135.755
202206 109.416 133.448 133.244
202209 107.531 138.101 126.537
202212 105.372 140.574 121.815
202303 103.815 143.145 117.859
202306 109.289 143.538 123.735
202309 119.885 145.172 134.203
202312 118.405 146.109 131.696
202403 134.275 148.551 146.893
202406 136.300 149.592 148.070
202409 140.160 151.212 150.632
202412 129.683 152.774 137.947
202503 133.218 155.783 138.971
202506 140.375 155.754 146.464
202509 143.725 157.870 147.949
202512 142.196 158.040 146.218
202603 151.750 160.190 153.948
202606 154.797 162.510 154.797

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 0.66 mean?
Enel Americas (XSGO:ENELAM) has a Cyclically Adjusted PB Ratio of 0.66 as of Sep. 08, 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 Enel Americas and its competitors. This is 22% below median its historical median of 0.85. Over the past decade, Enel Americas' Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.47. According to the industry distribution chart, Enel Americas ranks #94 out of 424 companies in the Utilities - Regulated industry, placing it in the top 22.2%.
Is Enel Americas' Cyclically Adjusted PB Ratio too high?
Enel Americas' current Cyclically Adjusted PB Ratio of 0.66 is 22% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.47. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.51. Enel Americas' value of 0.66 is 56.3% below this industry median. Based on the distribution chart, Enel Americas ranks #94 out of 424 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Enel Americas has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enel Americas' Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Enel Americas ranks #94 out of 424 companies for Cyclically Adjusted PB Ratio. This places Enel Americas in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.51. Enel Americas' value of 0.66 is 56.3% below this benchmark. Historically, Enel Americas' own Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.47 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.51, Enel Americas has consistently been below 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 1.51, based on 424 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. Enel Americas's current Cyclically Adjusted PB Ratio of 0.66 is 56.3% below 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 Enel Americas and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enel Americas's current Cyclically Adjusted PB Ratio is 0.66, which is 22% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enel Americas stock overvalued right now?
Based on GuruFocus' analysis, Enel Americas (XSGO:ENELAM) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP107.80, compared to a current price of CLP84.04 — trading 22% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 22% below median its 10-year median of 0.85 and 56.3% below the Utilities - Regulated industry median of 1.51. Enel Americas' overall GF Score™ is 63/100 with 3 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 Enel Americas (XSGO:ENELAM), the current Cyclically Adjusted PB Ratio is 0.66 as of Sep. 08, 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 Enel Americas (XSGO:ENELAM) Overvalued in 2026?

Based on GuruFocus' analysis, Enel Americas stock appears to be undervalued. The current stock price of CLP84.04 is trading 22% below its estimated GF Value™ of CLP107.80. GuruFocus considers Enel Americas to be Modestly Undervalued.

Key valuation signals for XSGO:ENELAM:

  • Cyclically Adjusted PB Ratio: 0.66 (22% below median its 10-year median of 0.85)
  • GF Value™: CLP107.80 vs. price of CLP84.04 (22% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 56.3% below the Utilities - Regulated median (#94 of 424)

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


Enel Americas Business Description

Other Exchanges ENELAMCO:Colombia
Address Santa Rosa 76, Santiago, CHL, 1557
Enel Americas SA has electricity generation, transmission, and distribution businesses in Argentina, Brazil, Colombia, Peru, Guatemala, Panama, and Costa Rica. As of December 31, 2021, company had 15,926 MW of net installed generation capacity and approximately 26.2 million distribution customers. The net installed generation capacity is comprised of 248 generation units, of which 42.3% are hydroelectric, 31.4% are thermal, 14.4% are wind, and 11.9% are solar power plants. As of and for the year ended December 31, 2021, company had consolidated assets of U.S$ 34,959 million and operating revenues of U.S$ 16,192 million.
63GF Score

Get the complete analysis for XSGO:ENELAM

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

CLP84.04
Price
CLP107.80
GF Value