Cia Paranaense De Energia Copel (BSP:CPLE3) Graham Number: R$6.64 (As of Mar. 2026) — 906% Above Median

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BSP:CPLE3 Cia Paranaense De Energia Copel BSP:CPLE3
55 GF Score
Price R$14.60
GF Value R$10.74
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Cia Paranaense De Energia Copel Graham Number?

Cia Paranaense De Energia Copel BSP:CPLE3 -2.80% 55 Graham Number is R$6.64 as of Mar. 2026, which is 100% below its 10-year median of 0.66. GuruFocus rates BSP:CPLE3 with a GF Score™ of 55/100 and a GF Value™ of R$10.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 416 Utilities - Regulated companies, Cia Paranaense De Energia Copel ranks worse than 87.74% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-07-17), the stock price of Cia Paranaense De Energia Copel is R$14.60. Cia Paranaense De Energia Copel's graham number for the quarter that ended in Mar. 2026 was R$6.64. Therefore, Cia Paranaense De Energia Copel's Price to Graham Number ratio for today is 2.20.

The historical rank and industry rank for Cia Paranaense De Energia Copel's Graham Number or its related term are showing as below:

BSP:CPLE3' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.31   Med: 0.66   Max: 2.32
Current: 2.2

During the past 13 years, the highest Price to Graham Number ratio of Cia Paranaense De Energia Copel was 2.32. The lowest was 0.31. And the median was 0.66.

BSP:CPLE3's Price-to-Graham-Number is ranked worse than
87.74% of 416 companies
in the Utilities - Regulated industry
Industry Median: 1.12 vs BSP:CPLE3: 2.20

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Cia Paranaense De Energia Copel  (BSP:CPLE3) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Cia Paranaense De Energia Copel's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=14.60/6.64
=2.20

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Cia Paranaense De Energia Copel Graham Number Related Terms


Cia Paranaense De Energia Copel Graham Number Historical Data

* Premium members only.

The historical data trend for Cia Paranaense De Energia Copel's Graham Number 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.

Cia Paranaense De Energia Copel Graham Number Chart

Cia Paranaense De Energia Copel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.48 7.71 10.38 8.23 6.44

Cia Paranaense De Energia Copel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number 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 8.52 8.03 7.75 6.01 6.64

BSP:CPLE3 vs NEE, SO, DUK: Graham Number Comparison

For the Utilities - Regulated Electric subindustry, Cia Paranaense De Energia Copel's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


Cia Paranaense De Energia Copel Price-to-Graham-Number vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Price-to-Graham-Number falls into.


BSP:CPLE3
55GF Score
Cia Paranaense De Energia Copel BSP:CPLE3
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Paranaense De Energia Copel Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Cia Paranaense De Energia Copel's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.321*1.397)
=6.44

Cia Paranaense De Energia Copel's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.6*1.224)
=6.64

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of R$6.64 mean?
Cia Paranaense De Energia Copel (BSP:CPLE3) has a Graham Number of R$6.64 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Cia Paranaense De Energia Copel and its competitors. This is 906% above median its historical median of 0.66. Over the past decade, Cia Paranaense De Energia Copel's Graham Number has ranged from 0.31 to 2.32. According to the industry distribution chart, Cia Paranaense De Energia Copel ranks #365 out of 416 companies in the Utilities - Regulated industry, placing it in the top 87.7%.
Is Cia Paranaense De Energia Copel's Graham Number too high?
Cia Paranaense De Energia Copel's current Graham Number of R$6.64 is 906% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 2.32. Based on the distribution chart, Cia Paranaense De Energia Copel ranks #365 out of 416 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Cia Paranaense De Energia Copel has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cia Paranaense De Energia Copel's Graham Number compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Paranaense De Energia Copel ranks #365 out of 416 companies for Graham Number. This places Cia Paranaense De Energia Copel in the lower half of its industry. The industry median Graham Number is 1.12. Historically, Cia Paranaense De Energia Copel's own Graham Number has ranged from 0.31 to 2.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Utilities - Regulated company?
The median Graham Number among Utilities - Regulated companies is 1.12, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Cia Paranaense De Energia Copel and its competitors. For the Utilities - Regulated industry, the median Graham Number is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Paranaense De Energia Copel's current Graham Number is R$6.64, which is 906% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Paranaense De Energia Copel stock overvalued right now?
Based on GuruFocus' analysis, Cia Paranaense De Energia Copel (BSP:CPLE3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.74, compared to a current price of R$14.60 — trading 35.9% above its estimated fair value. The current Graham Number is R$6.64, which is 906% above median its 10-year median of 0.66. Cia Paranaense De Energia Copel's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Cia Paranaense De Energia Copel (BSP:CPLE3), the current Graham Number is R$6.64 as of Mar. 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 Cia Paranaense De Energia Copel (BSP:CPLE3) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Paranaense De Energia Copel stock appears to be overvalued. The current stock price of R$14.60 is trading 35.9% above its estimated GF Value™ of R$10.74. GuruFocus considers Cia Paranaense De Energia Copel to be Significantly Overvalued.

Key valuation signals for BSP:CPLE3:

  • Graham Number: R$6.64 (906% above median its 10-year median of 0.66)
  • GF Value™: R$10.74 vs. price of R$14.60 (35.9% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the BSP:CPLE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cia Paranaense De Energia Copel Business Description

Other Exchanges ELPC:USAELP0:Germany
Address Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is engaged in the areas of generation, transmission, commercialization and distribution of energy. It operates a comprehensive and effective electrical system with its own generating plants, transmission lines, substations, electrical lines and grids of the distribution system. The company's reportable segments include Power generation and transmission, Power distribution, GAS, Power Sale, Services, and Holding. The majority of its revenue is generated from the Power distribution segment under which it provides public electricity distribution services, being responsible for the operation and maintenance of the distribution infrastructure, as well as providing related services.
55GF Score

Get the complete analysis for BSP:CPLE3

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$14.60
Price
R$10.74
GF Value