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Centrais Eletricas denta Catarina (BSP:CLSC3) Cyclically Adjusted Book per Share : R$76.76 (As of Mar. 2024)


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What is Centrais Eletricas denta Catarina Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Centrais Eletricas denta Catarina's adjusted book value per share for the three months ended in Mar. 2024 was R$80.900. 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 R$76.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Centrais Eletricas denta Catarina's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Centrais Eletricas denta Catarina was 3.60% per year. The lowest was 0.10% per year. And the median was 1.45% per year.

As of today (2024-06-10), Centrais Eletricas denta Catarina's current stock price is R$66.60. Centrais Eletricas denta Catarina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$76.76. Centrais Eletricas denta Catarina's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Centrais Eletricas denta Catarina was 1.37. The lowest was 0.36. And the median was 0.78.


Centrais Eletricas denta Catarina Cyclically Adjusted Book per Share Historical Data

The historical data trend for Centrais Eletricas denta Catarina's Cyclically Adjusted Book per Share 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.

* Premium members only.

Centrais Eletricas denta Catarina Cyclically Adjusted Book per Share Chart

Centrais Eletricas denta Catarina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.44 68.28 71.32 73.16 76.02

Centrais Eletricas denta Catarina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 74.81 75.46 75.75 76.02 76.76

Competitive Comparison of Centrais Eletricas denta Catarina's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Centrais Eletricas denta Catarina'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.


Centrais Eletricas denta Catarina's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Centrais Eletricas denta Catarina's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas denta Catarina's Cyclically Adjusted PB Ratio falls into.



Centrais Eletricas denta Catarina Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Centrais Eletricas denta Catarina's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=80.9/159.3724*159.3724
=80.900

Current CPI (Mar. 2024) = 159.3724.

Centrais Eletricas denta Catarina Quarterly Data

Book Value per Share CPI Adj_Book
201406 55.038 91.838 95.511
201409 56.011 92.602 96.398
201412 60.756 94.194 102.797
201503 62.202 97.799 101.364
201506 62.365 100.006 99.386
201509 60.881 101.392 95.695
201512 57.678 104.247 88.178
201603 58.351 106.979 86.929
201606 53.604 108.851 78.484
201609 56.758 109.986 82.244
201612 53.818 110.802 77.409
201703 56.453 111.869 80.425
201706 53.875 112.115 76.584
201709 55.413 112.777 78.308
201712 47.762 114.068 66.732
201803 49.167 114.868 68.216
201806 51.030 117.038 69.489
201809 52.121 117.881 70.466
201812 46.689 118.340 62.877
201903 48.735 120.124 64.659
201906 49.940 120.977 65.790
201909 52.510 121.292 68.996
201912 36.481 123.436 47.102
202003 40.215 124.092 51.649
202006 41.788 123.557 53.901
202009 43.871 125.095 55.892
202012 51.453 129.012 63.561
202103 56.617 131.660 68.534
202106 59.213 133.871 70.493
202109 63.766 137.913 73.688
202112 67.961 141.992 76.279
202203 73.799 146.537 80.263
202206 75.164 149.784 79.976
202209 76.049 147.800 82.004
202212 74.749 150.207 79.310
202303 79.213 153.352 82.323
202306 82.993 154.519 85.600
202309 82.638 155.464 84.716
202312 76.029 157.148 77.105
202403 80.900 159.372 80.900

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Centrais Eletricas denta Catarina  (BSP:CLSC3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Centrais Eletricas denta Catarina's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.60/76.76
=0.87

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Centrais Eletricas denta Catarina was 1.37. The lowest was 0.36. And the median was 0.78.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Centrais Eletricas denta Catarina Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Centrais Eletricas denta Catarina's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Centrais Eletricas denta Catarina (BSP:CLSC3) Business Description

Traded in Other Exchanges
Address
Avenida Itamarati, 160, Itacorubi neighborhood, Florianopolis, SC, BRA
Centrais Eletricas de Santa Catarina SA is a Brazil-based company. It is engaged in the generation, transmission, and distribution of electric energy. The company's segments are Celesc D, and Celesc G. The company through its subsidiaries is also engaged in the operation, maintenance, expansion, and sale related to its generating complex, formed by hydroelectric power plants established in partnership with private investors.

Centrais Eletricas denta Catarina (BSP:CLSC3) Headlines

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