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Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted 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.

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Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PB Ratio Chart

Cia Transmissao Energia Eletrica Paulista Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.97 1.76 1.50 1.66

Cia Transmissao Energia Eletrica Paulista Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 1.39 1.57 1.49 1.66 1.50

Competitive Comparison of Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Cia Transmissao Energia Eletrica Paulista'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.


Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PB Ratio falls into.



Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cia Transmissao Energia Eletrica Paulista'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)
=22.419/159.3724*159.3724
=22.419

Current CPI (Mar. 2024) = 159.3724.

Cia Transmissao Energia Eletrica Paulista Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.747 91.838 25.591
201409 14.042 92.602 24.167
201412 12.115 94.194 20.498
201503 10.356 97.799 16.876
201506 10.388 100.006 16.555
201509 8.714 101.392 13.697
201512 8.521 104.247 13.027
201603 9.100 106.979 13.557
201606 9.996 108.851 14.636
201609 19.151 109.986 27.750
201612 18.694 110.802 26.889
201703 20.567 111.869 29.300
201706 20.203 112.115 28.719
201709 22.144 112.777 31.293
201712 20.658 114.068 28.863
201803 21.207 114.868 29.423
201806 17.454 117.038 23.767
201809 17.063 117.881 23.069
201812 17.662 118.340 23.786
201903 18.429 120.124 24.450
201906 19.089 120.977 25.147
201909 17.975 121.292 23.618
201912 17.806 123.436 22.990
202003 15.497 124.092 19.903
202006 15.463 123.557 19.945
202009 15.298 125.095 19.490
202012 16.567 129.012 20.466
202103 14.634 131.660 17.714
202106 17.416 133.871 20.734
202109 17.071 137.913 19.727
202112 15.779 141.992 17.710
202203 18.549 146.537 20.174
202206 19.153 149.784 20.379
202209 18.995 147.800 20.482
202212 19.111 150.207 20.277
202303 20.130 153.352 20.920
202306 22.350 154.519 23.052
202309 22.556 155.464 23.123
202312 21.980 157.148 22.291
202403 22.419 159.372 22.419

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


Cia Transmissao Energia Eletrica Paulista  (OTCPK:CTPZF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PB Ratio Related Terms

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Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Headlines

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