ENCE Energia y Celulosa (XMAD:ENC) PB Ratio: 1.21 (As of Jun. 25, 2026) — Near Median


XMAD:ENC ENCE Energia y Celulosa SA XMAD:ENC
63 GF Score
Price €2.29
GF Value €2.51
Valuation Fairly Valued
! 4 Warning Signs
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What is ENCE Energia y Celulosa PB Ratio?

ENCE Energia y Celulosa XMAD:ENC +0.44% 63 PB Ratio is 1.21 as of Jun. 25, 2026, which is 8% below its 10-year median of 1.32. GuruFocus rates XMAD:ENC with a GF Score™ of 63/100 and a GF Value™ of €2.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 275 Forest Products companies, ENCE Energia y Celulosa ranks worse than 68.36% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), ENCE Energia y Celulosa's share price is €2.29. ENCE Energia y Celulosa's Book Value per Share for the quarter that ended in Mar. 2026 was €1.90. Hence, ENCE Energia y Celulosa's PB Ratio of today is 1.21.

The historical rank and industry rank for ENCE Energia y Celulosa's PB Ratio or its related term are showing as below:

XMAD:ENC' s PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.32   Max: 3.24
Current: 1.22

During the past 13 years, ENCE Energia y Celulosa's highest PB Ratio was 3.24. The lowest was 0.76. And the median was 1.32.

XMAD:ENC's PB Ratio is ranked worse than
68.36% of 275 companies
in the Forest Products industry
Industry Median: 0.81 vs XMAD:ENC: 1.22

During the past 12 months, ENCE Energia y Celulosa's average Book Value Per Share Growth Rate was -14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ENCE Energia y Celulosa was 15.00% per year. The lowest was -12.00% per year. And the median was -4.15% per year.

Back to Basics: PB Ratio


ENCE Energia y Celulosa  (XMAD:ENC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


ENCE Energia y Celulosa PB Ratio Related Terms


ENCE Energia y Celulosa PB Ratio Historical Data

* Premium members only.

The historical data trend for ENCE Energia y Celulosa's 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.

ENCE Energia y Celulosa PB Ratio Chart

ENCE Energia y Celulosa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.97 1.29 1.43 1.22

ENCE Energia y Celulosa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.42 1.33 1.33 1.22 1.21

ENCE Energia y Celulosa PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, ENCE Energia y Celulosa's PB Ratio, along with its competitors' market caps and 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.


ENCE Energia y Celulosa PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, ENCE Energia y Celulosa's PB Ratio distribution charts can be found below:

* The bar in red indicates where ENCE Energia y Celulosa's PB Ratio falls into.


XMAD:ENC
63GF Score
ENCE Energia y Celulosa SA XMAD:ENC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ENCE Energia y Celulosa PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

ENCE Energia y Celulosa's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.29/1.896
=1.21

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.21 mean?
ENCE Energia y Celulosa (XMAD:ENC) has a PB Ratio of 1.21 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ENCE Energia y Celulosa and its competitors. This is near median its historical median of 1.32. Over the past decade, ENCE Energia y Celulosa's PB Ratio has ranged from 0.76 to 3.24. According to the industry distribution chart, ENCE Energia y Celulosa ranks #188 out of 275 companies in the Forest Products industry, placing it in the top 68.4%.
Is ENCE Energia y Celulosa's PB Ratio too high?
ENCE Energia y Celulosa's current PB Ratio of 1.21 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.24. The Forest Products industry median PB Ratio is 0.81. ENCE Energia y Celulosa's value of 1.21 is 49.4% above this industry median. Based on the distribution chart, ENCE Energia y Celulosa ranks #188 out of 275 companies in the Forest Products industry, which is below the industry midpoint. Overall, ENCE Energia y Celulosa has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ENCE Energia y Celulosa's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, ENCE Energia y Celulosa ranks #188 out of 275 companies for PB Ratio. This places ENCE Energia y Celulosa in the lower half of its industry. The industry median PB Ratio is 0.81. ENCE Energia y Celulosa's value of 1.21 is 49.4% above this benchmark. Historically, ENCE Energia y Celulosa's own PB Ratio has ranged from 0.76 to 3.24 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.81, ENCE Energia y Celulosa 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 PB Ratio for a Forest Products company?
The median PB Ratio among Forest Products companies is 0.81, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ENCE Energia y Celulosa's current PB Ratio of 1.21 is 49.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ENCE Energia y Celulosa and its competitors. For the Forest Products industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENCE Energia y Celulosa's current PB Ratio is 1.21, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENCE Energia y Celulosa stock overvalued right now?
Based on GuruFocus' analysis, ENCE Energia y Celulosa (XMAD:ENC) is currently considered Fairly Valued. The stock's GF Value™ is €2.51, compared to a current price of €2.29 — trading 8.8% below its estimated fair value. The current PB Ratio is 1.21, which is near median its 10-year median of 1.32 and 49.4% above the Forest Products industry median of 0.81. ENCE Energia y Celulosa's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For ENCE Energia y Celulosa (XMAD:ENC), the current PB Ratio is 1.21 as of Jun. 25, 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 ENCE Energia y Celulosa (XMAD:ENC) Overvalued in 2026?

Based on GuruFocus' analysis, ENCE Energia y Celulosa stock appears to be undervalued. The current stock price of €2.29 is trading 8.8% below its estimated GF Value™ of €2.51. GuruFocus considers ENCE Energia y Celulosa to be Fairly Valued.

Key valuation signals for XMAD:ENC:

  • PB Ratio: 1.21 (near median its 10-year median of 1.32)
  • GF Value™: €2.51 vs. price of €2.29 (8.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 49.4% above the Forest Products median (#188 of 275)

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


ENCE Energia y Celulosa Business Description

Other Exchanges 0K96:UKENCA:Germany
Address Estebanez Calderon 3-5, 2nd floor, Madrid, ESP, 28020
ENCE Energia y Celulosa SA produces and sells pulp. The company has two segments namely ENCE Pulp and ENCE Renewables. ENCE Pulp segment includes pulp production and sale activities. ENCE Renewables segment involves Biomass, Biomethane, and production of renewable industrial heat.
63GF Score

Get the complete analysis for XMAD:ENC

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

€2.29
Price
€2.51
GF Value