Empresa Distribuidora y Comercializadora Norte (BUE:EDN) Cyclically Adjusted Book per Share: ARS574.36 (As of Mar. 2026)


BUE:EDN Empresa Distribuidora y Comercializadora Norte SA BUE:EDN
55 GF Score
Price ARS1,986.00
GF Value ARS1,757.96
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted Book per Share?

Empresa Distribuidora y Comercializadora Norte BUE:EDN +2.69% 55 Cyclically Adjusted Book per Share is ARS574.36 as of Mar. 2026. GuruFocus rates BUE:EDN with a GF Score™ of 55/100 and a GF Value™ of ARS1,757.96 (Modestly Overvalued). The stock has 9 warning signs investors should review.

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.

Empresa Distribuidora y Comercializadora Norte's adjusted book value per share for the three months ended in Mar. 2026 was ARS2,912.764. 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 ARS574.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Empresa Distribuidora y Comercializadora Norte's average Cyclically Adjusted Book Growth Rate was 83.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 92.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 96.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 84.20% 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 Empresa Distribuidora y Comercializadora Norte was 107.70% per year. The lowest was 8.10% per year. And the median was 92.50% per year.

As of today (2026-07-12), Empresa Distribuidora y Comercializadora Norte's current stock price is ARS1986.00. Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS574.36. Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio of today is 3.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empresa Distribuidora y Comercializadora Norte was 28.34. The lowest was 1.24. And the median was 5.57.


Empresa Distribuidora y Comercializadora Norte  (BUE:EDN) 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.

Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1986.00/574.36
=3.46

* 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 Empresa Distribuidora y Comercializadora Norte was 28.34. The lowest was 1.24. And the median was 5.57.


Be Aware

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


Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted Book per Share Related Terms


Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted Book per Share Chart

Empresa Distribuidora y Comercializadora Norte Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.29 68.85 124.07 262.58 492.24

Empresa Distribuidora y Comercializadora Norte Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 313.78 369.70 429.82 492.24 574.36

BUE:EDN vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Empresa Distribuidora y Comercializadora Norte'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.


Empresa Distribuidora y Comercializadora Norte Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted PB Ratio falls into.


BUE:EDN
55GF Score
Empresa Distribuidora y Comercializadora Norte SA BUE:EDN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Empresa Distribuidora y Comercializadora Norte 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, Empresa Distribuidora y Comercializadora Norte's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2912.764/330.2130*330.2130
=2,912.764

Current CPI (Mar. 2026) = 330.2130.

Empresa Distribuidora y Comercializadora Norte Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.379 241.018 0.519
201609 -0.354 241.428 -0.484
201612 0.399 241.432 0.546
201703 0.888 243.801 1.203
201706 0.815 244.955 1.099
201709 1.165 246.819 1.559
201712 30.928 246.524 41.427
201803 2.736 249.554 3.620
201806 1.731 251.989 2.268
201809 2.687 252.439 3.515
201812 53.927 251.233 70.880
201903 39.204 254.202 50.927
201906 55.156 256.143 71.106
201909 62.276 256.759 80.092
201912 92.015 256.974 118.240
202003 73.479 258.115 94.004
202006 74.806 257.797 95.819
202009 80.932 260.280 102.677
202012 108.450 260.474 137.486
202103 80.426 264.877 100.264
202106 76.696 271.696 93.215
202109 83.179 274.310 100.130
202112 163.997 278.802 194.238
202203 94.523 287.504 108.564
202206 103.497 296.311 115.338
202209 119.124 296.808 132.531
202212 1,191.572 296.797 1,325.730
202303 163.359 301.836 178.717
202306 196.725 305.109 212.911
202309 352.024 307.789 377.671
202312 1,407.720 306.746 1,515.415
202403 817.952 312.332 864.780
202406 1,023.771 314.175 1,076.032
202409 1,278.461 315.301 1,338.925
202412 2,263.979 315.605 2,368.769
202503 1,909.506 319.799 1,971.688
202506 2,130.443 322.561 2,180.983
202509 2,303.998 324.800 2,342.396
202512 2,538.485 324.054 2,586.732
202603 2,912.764 330.213 2,912.764

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

What does a Cyclically Adjusted Book per Share of ARS574.36 mean?
Empresa Distribuidora y Comercializadora Norte (BUE:EDN) has a Cyclically Adjusted Book per Share of ARS574.36 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Empresa Distribuidora y Comercializadora Norte and its competitors.
Is Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted Book per Share too high?
Empresa Distribuidora y Comercializadora Norte's current Cyclically Adjusted Book per Share is ARS574.36. Overall, Empresa Distribuidora y Comercializadora Norte has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted Book per Share compare to NEE and SO?
Empresa Distribuidora y Comercializadora Norte's Cyclically Adjusted Book per Share of ARS574.36 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Empresa Distribuidora y Comercializadora Norte and its competitors. Empresa Distribuidora y Comercializadora Norte's current Cyclically Adjusted Book per Share is ARS574.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Distribuidora y Comercializadora Norte stock overvalued right now?
Based on GuruFocus' analysis, Empresa Distribuidora y Comercializadora Norte (BUE:EDN) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS1,757.96, compared to a current price of ARS1,986.00 — trading 13% above its estimated fair value. The current Cyclically Adjusted Book per Share is ARS574.36. Empresa Distribuidora y Comercializadora Norte's overall GF Score™ is 55/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Empresa Distribuidora y Comercializadora Norte (BUE:EDN), the current Cyclically Adjusted Book per Share is ARS574.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Empresa Distribuidora y Comercializadora Norte (BUE:EDN) Overvalued in 2026?

Based on GuruFocus' analysis, Empresa Distribuidora y Comercializadora Norte stock appears to be overvalued. The current stock price of ARS1,986.00 is trading 13% above its estimated GF Value™ of ARS1,757.96. GuruFocus considers Empresa Distribuidora y Comercializadora Norte to be Modestly Overvalued.

Key valuation signals for BUE:EDN:

  • Cyclically Adjusted Book per Share: ARS574.36
  • GF Value™: ARS1,757.96 vs. price of ARS1,986.00 (13% above fair value)
  • GF Score™: 55/100 with 9 warning signs

No single metric tells the full story. See the BUE:EDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empresa Distribuidora y Comercializadora Norte Business Description

Other Exchanges EDN:USAPWD1:Germany
Address 6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG
Empresa Distribuidora y Comercializadora Norte SA is engaged in the distribution and sale of electricity. The firm's concession area covers the northern portion of the city of Buenos Aires, mainly for residential, commercial, industrial, and public service.
55GF Score

Get the complete analysis for BUE:EDN

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS1,986.00
Price
ARS1,757.96
GF Value