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Iberdrola (LTS:0HIT) Cyclically Adjusted PB Ratio : 1.64 (As of May. 28, 2024)


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What is Iberdrola Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Iberdrola's current share price is €11.785. Iberdrola's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.18. Iberdrola's Cyclically Adjusted PB Ratio for today is 1.64.

The historical rank and industry rank for Iberdrola's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0HIT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.52   Max: 2.08
Current: 1.63

During the past years, Iberdrola's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.01. And the median was 1.52.

LTS:0HIT's Cyclically Adjusted PB Ratio is ranked worse than
55.68% of 449 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs LTS:0HIT: 1.63

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.

Iberdrola's adjusted book value per share data for the three months ended in Mar. 2024 was €8.475. 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 €7.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iberdrola Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iberdrola'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.

* Premium members only.

Iberdrola Cyclically Adjusted PB Ratio Chart

Iberdrola 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 1.53 1.95 1.62 1.58 1.64

Iberdrola 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 1.63 1.67 1.46 1.64 1.56

Competitive Comparison of Iberdrola's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Iberdrola'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.


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

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

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



Iberdrola 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.

Iberdrola's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.785/7.18
=1.64

* 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.

Iberdrola's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Iberdrola'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)
=8.475/122.7621*122.7621
=8.475

Current CPI (Mar. 2024) = 122.7621.

Iberdrola Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.812 101.081 7.059
201409 5.719 100.441 6.990
201412 5.688 100.251 6.965
201503 5.975 99.474 7.374
201506 6.073 101.138 7.371
201509 6.023 99.559 7.427
201512 6.017 100.268 7.367
201603 5.914 98.638 7.360
201606 5.900 100.333 7.219
201609 5.755 99.737 7.084
201612 5.998 101.842 7.230
201703 5.941 100.896 7.229
201706 5.900 101.848 7.112
201709 5.884 101.524 7.115
201712 5.939 102.975 7.080
201803 5.934 102.122 7.133
201806 6.110 104.165 7.201
201809 5.797 103.818 6.855
201812 5.862 104.193 6.907
201903 6.391 103.488 7.581
201906 5.899 104.612 6.922
201909 6.244 103.905 7.377
201912 6.086 105.015 7.115
202003 6.413 103.469 7.609
202006 5.944 104.254 6.999
202009 5.842 103.521 6.928
202012 5.754 104.456 6.762
202103 5.913 104.857 6.923
202106 5.960 107.102 6.831
202109 7.235 107.669 8.249
202112 6.478 111.298 7.145
202203 8.062 115.153 8.595
202206 7.116 118.044 7.400
202209 8.795 117.221 9.211
202212 6.651 117.650 6.940
202303 8.145 118.948 8.406
202306 8.159 120.278 8.327
202309 8.328 121.343 8.425
202312 6.932 121.300 7.016
202403 8.475 122.762 8.475

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.


Iberdrola  (LTS:0HIT) 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.


Iberdrola Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Iberdrola's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Iberdrola (LTS:0HIT) Business Description

Address
Plaza Euskadi Number 5, Biscay, Bilbao, ESP, 48009
Iberdrola is one of the largest utilities in the world with electric utility operations in nearly 40 countries. The company has a 54-gigawatt portfolio of hydro, wind, natural gas, and nuclear power plants. It is the largest owner of wind farms in the world, representing nearly 40% of its portfolio. Although the company has recently developed or acquired distribution and power generation assets in other geographic areas, Spain is still home to around 50% of its power generation capacity. Iberdrola also owns and operates electricity and distribution networks in Spain, the U.K., Brazil, and the U.S.

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