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Centrais Eletricas Brasileiras (BSP:ELET6) Cyclically Adjusted Book per Share : R$61.03 (As of Mar. 2025)


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What is Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's adjusted book value per share for the three months ended in Mar. 2025 was R$54.051. 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$61.03 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Centrais Eletricas Brasileiras's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.10% 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 Centrais Eletricas Brasileiras was -1.50% per year. The lowest was -6.10% per year. And the median was -3.40% per year.

As of today (2025-05-30), Centrais Eletricas Brasileiras's current stock price is R$47.34. Centrais Eletricas Brasileiras's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$61.03. Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Centrais Eletricas Brasileiras was 0.92. The lowest was 0.17. And the median was 0.62.


Centrais Eletricas Brasileiras Cyclically Adjusted Book per Share Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted Book per Share Chart

Centrais Eletricas Brasileiras Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.57 57.56 57.12 61.14 61.42

Centrais Eletricas Brasileiras Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 61.76 61.61 61.06 61.42 61.03

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Centrais Eletricas Brasileiras 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, Centrais Eletricas Brasileiras's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=54.051/168.1016*168.1016
=54.051

Current CPI (Mar. 2025) = 168.1016.

Centrais Eletricas Brasileiras Quarterly Data

Book Value per Share CPI Adj_Book
201506 41.708 100.006 70.107
201509 38.702 101.392 64.165
201512 30.992 104.247 49.976
201603 28.192 106.979 44.300
201606 37.648 108.851 58.141
201609 38.287 109.986 58.517
201612 32.669 110.802 49.563
201703 33.716 111.869 50.664
201706 33.971 112.115 50.935
201709 34.408 112.777 51.287
201712 31.292 114.068 46.115
201803 32.669 114.868 47.809
201806 33.260 117.038 47.771
201809 32.012 117.881 45.650
201812 40.779 118.340 57.926
201903 42.101 120.124 58.916
201906 46.054 120.977 63.993
201909 46.598 121.292 64.581
201912 52.270 123.436 71.184
202003 0.000 124.092 0.000
202006 48.318 123.557 65.737
202009 48.352 125.095 64.975
202012 46.833 129.012 61.023
202103 46.411 131.660 59.257
202106 47.965 133.871 60.230
202109 48.523 137.913 59.145
202112 48.518 141.992 57.439
202203 50.236 146.537 57.629
202206 48.581 149.784 54.522
202209 48.450 147.800 55.105
202212 48.020 150.207 53.741
202303 48.062 153.352 52.685
202306 49.431 154.519 53.776
202309 50.188 155.464 54.268
202312 50.016 157.148 53.502
202403 50.027 159.372 52.767
202406 50.695 161.052 52.914
202409 53.917 162.342 55.830
202412 54.146 164.740 55.251
202503 54.051 168.102 54.051

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


Centrais Eletricas Brasileiras  (BSP:ELET6) 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.34/61.03
=0.78

* 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 Centrais Eletricas Brasileiras was 0.92. The lowest was 0.17. And the median was 0.62.


Be Aware

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


Centrais Eletricas Brasileiras Cyclically Adjusted Book per Share Related Terms

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


Centrais Eletricas Brasileiras Business Description

Address
Avenida Graca Aranha, 26 19th floor, Centro, Rio de Janeiro, RJ, BRA, 20030-900
Centrais Eletricas Brasileiras SA is engaged in the generation, transmission, and commercialization of electricity in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. Its segments are Generation which consists of the generation of electric energy and the sale of energy to distribution companies and free consumers, and commercialization; Transmission which consists of the transmission of electric energy; and Administration activities mainly represent the Company's cash management, the management of the compulsory loan, and the management of business in SPEs, and others.

Centrais Eletricas Brasileiras Headlines

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