Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) ROE % Adjusted to Book Value: 11.06% (As of Mar. 2026)


BSP:CEEB3 Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
76 GF Score
Price R$46.59
GF Value R$46.39
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Companhia de Eletricidade do Estado da Bahia – Coelba ROE % Adjusted to Book Value?

Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3 -0.13% 76 ROE % Adjusted to Book Value is 11.06% as of Mar. 2026. GuruFocus rates BSP:CEEB3 with a GF Score™ of 76/100 and a GF Value™ of R$46.39 (Fairly Valued). The stock has 6 warning signs investors should review.

Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % for the quarter that ended in Mar. 2026 was 20.35%. Companhia de Eletricidade do Estado da Bahia – Coelba's PB Ratio for the quarter that ended in Mar. 2026 was 1.84. Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 11.06%.


Companhia de Eletricidade do Estado da Bahia – Coelba ROE % Adjusted to Book Value Related Terms


Companhia de Eletricidade do Estado da Bahia – Coelba ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value 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.

Companhia de Eletricidade do Estado da Bahia – Coelba ROE % Adjusted to Book Value Chart

Companhia de Eletricidade do Estado da Bahia – Coelba Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.26 11.63 14.46 15.91 14.14

Companhia de Eletricidade do Estado da Bahia – Coelba Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 16.70 26.58 8.66 13.41 11.06

BSP:CEEB3 vs NEE, SO, DUK: ROE % Adjusted to Book Value Comparison

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Companhia de Eletricidade do Estado da Bahia – Coelba ROE % Adjusted to Book Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value falls into.


BSP:CEEB3
76GF Score
Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Companhia de Eletricidade do Estado da Bahia – Coelba ROE % Adjusted to Book Value Calculation

Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.59% / 1.81
=14.14%

Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=20.35% / 1.84
=11.06%

* 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.

What does a ROE % Adjusted to Book Value of 11.06% mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a ROE % Adjusted to Book Value of 11.06% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current ROE % Adjusted to Book Value is 11.06%. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value compare to NEE and SO?
Companhia de Eletricidade do Estado da Bahia – Coelba's ROE % Adjusted to Book Value of 11.06% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Utilities - Regulated company?
A good ROE % Adjusted to Book Value depends on the Utilities - Regulated industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. Companhia de Eletricidade do Estado da Bahia – Coelba's current ROE % Adjusted to Book Value is 11.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.39, compared to a current price of R$46.59 — trading 0.4% above its estimated fair value. The current ROE % Adjusted to Book Value is 11.06%. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current ROE % Adjusted to Book Value is 11.06% 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be overvalued. The current stock price of R$46.59 is trading 0.4% above its estimated GF Value™ of R$46.39. GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.

Key valuation signals for BSP:CEEB3:

  • ROE % Adjusted to Book Value: 11.06%
  • GF Value™: R$46.39 vs. price of R$46.59 (0.4% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia de Eletricidade do Estado da Bahia – Coelba Business Description

Other Exchanges CEEB5:Brazil
Address Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.
76GF Score

Get the complete analysis for BSP:CEEB3

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$46.59
Price
R$46.39
GF Value