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Enagas (Enagas) Cyclically Adjusted Book per Share : $13.00 (As of Mar. 2024)


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What is Enagas 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.

Enagas's adjusted book value per share for the three months ended in Mar. 2024 was $11.714. 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 $13.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enagas's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Enagas was 7.30% per year. The lowest was 5.50% per year. And the median was 7.20% per year.

As of today (2024-05-17), Enagas's current stock price is $15.57. Enagas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.00. Enagas's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enagas was 2.85. The lowest was 1.06. And the median was 1.86.


Enagas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enagas'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.

Enagas Cyclically Adjusted Book per Share Chart

Enagas 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 10.69 12.11 12.90 12.88 14.64

Enagas 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 12.60 13.21 13.08 14.64 13.00

Competitive Comparison of Enagas's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Enagas'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.


Enagas's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Enagas 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, Enagas'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)
=11.714/122.7621*122.7621
=11.714

Current CPI (Mar. 2024) = 122.7621.

Enagas Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.256 101.081 14.885
201409 12.252 100.441 14.975
201412 11.601 100.251 14.206
201503 9.948 99.474 12.277
201506 10.812 101.138 13.124
201509 11.221 99.559 13.836
201512 10.847 100.268 13.280
201603 10.554 98.638 13.135
201606 11.147 100.333 13.639
201609 11.715 99.737 14.420
201612 10.832 101.842 13.057
201703 10.674 100.896 12.987
201706 11.653 101.848 14.046
201709 12.920 101.524 15.623
201712 12.768 102.975 15.221
201803 12.778 102.122 15.361
201806 12.774 104.165 15.055
201809 13.263 103.818 15.683
201812 12.718 104.193 14.985
201903 11.967 103.488 14.196
201906 12.317 104.612 14.454
201909 11.465 103.905 13.546
201912 13.398 105.015 15.662
202003 13.698 103.469 16.252
202006 13.224 104.254 15.572
202009 14.046 103.521 16.657
202012 13.911 104.456 16.349
202103 14.359 104.857 16.811
202106 13.815 107.102 15.835
202109 14.088 107.669 16.063
202112 13.333 111.298 14.706
202203 12.397 115.153 13.216
202206 12.290 118.044 12.781
202209 13.247 117.221 13.873
202212 12.989 117.650 13.553
202303 12.002 118.948 12.387
202306 12.614 120.278 12.874
202309 13.071 121.343 13.224
202312 12.454 121.300 12.604
202403 11.714 122.762 11.714

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


Enagas  (OTCPK:ENGGF) 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.

Enagas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.57/13
=1.20

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enagas was 2.85. The lowest was 1.06. And the median was 1.86.


Be Aware

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


Enagas Cyclically Adjusted Book per Share Related Terms

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


Enagas (Enagas) Business Description

Industry
Address
Paseo De Los Olmos, 19, Madrid, ESP, 28005
Enagas SA is a Spanish utility company involved in the transport, storage, and regasification of natural gas. Its segment include operations into Infrastructure activity, Technical system management, and Non-regulated activities businesses.

Enagas (Enagas) Headlines

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