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E.ON SE (BSE:EOAN) Cyclically Adjusted Book per Share : lei32.59 (As of Dec. 2023)


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What is E.ON SE 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.

E.ON SE's adjusted book value per share for the three months ended in Dec. 2023 was lei27.011. 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 lei32.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, E.ON SE's average Cyclically Adjusted Book Growth Rate was -18.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -14.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -12.20% 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 E.ON SE was 6.00% per year. The lowest was -14.90% per year. And the median was -7.30% per year.

As of today (2024-05-27), E.ON SE's current stock price is lei61.80. E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was lei32.59. E.ON SE's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of E.ON SE was 2.05. The lowest was 0.31. And the median was 0.63.


E.ON SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for E.ON SE'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.

E.ON SE Cyclically Adjusted Book per Share Chart

E.ON SE 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 61.62 51.65 43.39 38.69 32.59

E.ON SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 38.69 37.45 36.14 34.66 32.59

Competitive Comparison of E.ON SE's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, E.ON SE'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.


E.ON SE's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



E.ON SE 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, E.ON SE's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=27.011/123.7729*123.7729
=27.011

Current CPI (Dec. 2023) = 123.7729.

E.ON SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 111.365 99.543 138.473
201406 105.269 99.543 130.893
201409 93.836 99.823 116.350
201412 71.886 99.543 89.384
201503 65.641 99.717 81.477
201506 69.712 100.417 85.927
201509 46.932 100.417 57.848
201512 42.012 99.717 52.147
201603 40.796 100.017 50.486
201606 25.814 100.717 31.723
201609 1.141 101.017 1.398
201612 -2.612 101.217 -3.194
201703 2.462 101.417 3.005
201706 8.906 102.117 10.795
201709 9.112 102.717 10.980
201712 10.029 102.617 12.097
201803 11.659 102.917 14.022
201806 14.097 104.017 16.774
201809 14.451 104.718 17.081
201812 13.854 104.217 16.454
201903 13.276 104.217 15.767
201906 9.559 105.718 11.192
201909 18.351 106.018 21.424
201912 17.728 105.818 20.736
202003 12.419 105.718 14.540
202006 9.333 106.618 10.835
202009 8.994 105.818 10.520
202012 10.532 105.518 12.354
202103 16.940 107.518 19.501
202106 19.607 108.486 22.370
202109 22.250 109.435 25.165
202112 23.925 110.384 26.827
202203 27.676 113.968 30.057
202206 32.441 115.760 34.686
202209 33.174 118.818 34.557
202212 29.616 119.345 30.715
202303 29.810 122.402 30.144
202306 29.026 123.140 29.175
202309 29.599 124.195 29.498
202312 27.011 123.773 27.011

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


E.ON SE  (BSE:EOAN) 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.

E.ON SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.80/32.59
=1.90

* 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 E.ON SE was 2.05. The lowest was 0.31. And the median was 0.63.


Be Aware

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


E.ON SE Cyclically Adjusted Book per Share Related Terms

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


E.ON SE (BSE:EOAN) Business Description

Industry
Address
Brusseler Platz 1, Essen, NW, DEU, 45131
Since completing the transformative deal with RWE in 2019, E.On has two core businesses: energy networks and retail supply. Its pro forma retail supply serves around 48 million customers primarily in Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. Its pro forma networks business operates in Germany, Sweden, Eastern Europe, and Turkey.

E.ON SE (BSE:EOAN) Headlines

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