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Entergy (BSP:E1TR34) Cyclically Adjusted Book per Share : R$149.45 (As of Mar. 2024)


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What is Entergy 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.

Entergy's adjusted book value per share for the three months ended in Mar. 2024 was R$168.797. 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 R$149.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Entergy's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Entergy was 4.70% per year. The lowest was -0.70% per year. And the median was 2.60% per year.

As of today (2024-06-11), Entergy's current stock price is R$289.42. Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$149.45. Entergy's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Entergy was 2.45. The lowest was 1.21. And the median was 1.59.


Entergy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Entergy'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.

Entergy Cyclically Adjusted Book per Share Chart

Entergy 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 - 143.67 150.21 164.04 154.47

Entergy 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 160.29 178.90 189.63 154.47 149.45

Competitive Comparison of Entergy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Entergy'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.


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

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

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



Entergy 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, Entergy'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)
=168.797/131.7762*131.7762
=168.797

Current CPI (Mar. 2024) = 131.7762.

Entergy Quarterly Data

Book Value per Share CPI Adj_Book
201406 62.654 100.560 82.104
201409 66.038 100.428 86.652
201412 73.754 99.070 98.103
201503 88.669 99.621 117.289
201506 88.036 100.684 115.222
201509 100.181 100.392 131.500
201512 100.689 99.792 132.960
201603 96.846 100.470 127.022
201606 93.364 101.688 120.989
201609 91.434 101.861 118.287
201612 75.661 101.863 97.880
201703 70.218 102.862 89.956
201706 76.831 103.349 97.964
201709 75.775 104.136 95.888
201712 72.944 104.011 92.416
201803 72.317 105.290 90.509
201806 83.644 106.317 103.674
201809 95.415 106.507 118.053
201812 90.835 105.998 112.926
201903 90.705 107.251 111.447
201906 95.065 108.070 115.919
201909 103.823 108.329 126.294
201912 105.356 108.420 128.052
202003 124.790 108.902 151.002
202006 135.093 108.767 163.671
202009 145.252 109.815 174.300
202012 140.357 109.897 168.301
202103 154.718 111.754 182.437
202106 136.226 114.631 156.601
202109 147.784 115.734 168.268
202112 162.365 117.630 181.892
202203 143.422 121.301 155.808
202206 145.303 125.017 153.159
202209 155.858 125.227 164.010
202212 161.043 125.222 169.472
202303 160.833 127.348 166.426
202306 151.921 128.729 155.518
202309 159.875 129.860 162.235
202312 168.308 129.419 171.373
202403 168.797 131.776 168.797

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


Entergy  (BSP:E1TR34) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=289.42/149.45
=1.94

* 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 Entergy was 2.45. The lowest was 1.21. And the median was 1.59.


Be Aware

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


Entergy Cyclically Adjusted Book per Share Related Terms

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


Entergy (BSP:E1TR34) Business Description

Industry
Traded in Other Exchanges
Address
639 Loyola Avenue, New Orleans, LA, USA, 70113
Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of rate-regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its plants in the Northeast in 2014.

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