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Eversource Energy (STU:NWJ) Cyclically Adjusted Book per Share : €40.54 (As of Mar. 2024)


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What is Eversource Energy 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.

Eversource Energy's adjusted book value per share for the three months ended in Mar. 2024 was €38.079. 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 €40.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eversource Energy's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Eversource Energy was 8.70% per year. The lowest was -1.80% per year. And the median was 1.70% per year.

As of today (2024-05-26), Eversource Energy's current stock price is €53.00. Eversource Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €40.54. Eversource Energy's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eversource Energy was 2.93. The lowest was 1.20. And the median was 2.11.


Eversource Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eversource Energy'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.

Eversource Energy Cyclically Adjusted Book per Share Chart

Eversource Energy 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 28.97 28.01 34.15 40.01 39.97

Eversource Energy 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 39.62 39.41 41.04 39.97 40.54

Competitive Comparison of Eversource Energy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Eversource Energy'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.


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

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

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



Eversource Energy 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, Eversource Energy'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)
=38.079/131.7762*131.7762
=38.079

Current CPI (Mar. 2024) = 131.7762.

Eversource Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.702 100.560 29.749
201409 24.240 100.428 31.806
201412 25.526 99.070 33.953
201503 29.427 99.621 38.925
201506 28.613 100.684 37.449
201509 28.917 100.392 37.957
201512 29.961 99.792 39.564
201603 29.551 100.470 38.759
201606 29.487 101.688 38.212
201609 29.879 101.861 38.654
201612 32.045 101.863 41.455
201703 31.879 102.862 40.840
201706 30.573 103.349 38.982
201709 29.119 104.136 36.848
201712 29.562 104.011 37.453
201803 28.622 105.290 35.822
201806 30.452 106.317 37.744
201809 30.854 106.507 38.174
201812 31.863 105.998 39.612
201903 32.454 107.251 39.875
201906 32.697 108.070 39.870
201909 33.998 108.329 41.357
201912 34.458 108.420 41.881
202003 35.537 108.902 43.002
202006 35.780 108.767 43.349
202009 34.624 109.815 41.548
202012 33.708 109.897 40.419
202103 34.813 111.754 41.050
202106 34.572 114.631 39.743
202109 35.633 115.734 40.572
202112 37.517 117.630 42.029
202203 39.065 121.301 42.439
202206 41.119 125.017 43.342
202209 44.428 125.227 46.752
202212 41.920 125.222 44.114
202303 42.172 127.348 43.638
202306 41.133 128.729 42.107
202309 42.081 129.860 42.702
202312 37.184 129.419 37.861
202403 38.079 131.776 38.079

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


Eversource Energy  (STU:NWJ) 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.

Eversource Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.00/40.54
=1.31

* 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 Eversource Energy was 2.93. The lowest was 1.20. And the median was 2.11.


Be Aware

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


Eversource Energy Cyclically Adjusted Book per Share Related Terms

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


Eversource Energy (STU:NWJ) Business Description

Industry
Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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