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E.ON SE (BUE:EOAN GR) Cyclically Adjusted Book per Share : ARS201.68 (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 ARS354.444. 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 ARS201.68 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 (2024-05-20), E.ON SE's current stock price is ARS380.50. E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS201.68. E.ON SE's Cyclically Adjusted PB Ratio of today is 1.89.

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 131.18 111.96 299.90 320.00 201.68

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 320.00 251.79 235.53 233.74 201.68

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)
=354.444/123.7729*123.7729
=354.444

Current CPI (Dec. 2023) = 123.7729.

E.ON SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 32.098 99.543 39.911
201406 31.091 99.543 38.659
201409 28.717 99.823 35.607
201412 22.344 99.543 27.783
201503 21.044 99.717 26.121
201506 23.026 100.417 28.382
201509 16.040 100.417 19.771
201512 19.766 99.717 24.534
201603 21.657 100.017 26.801
201606 13.118 100.717 16.121
201609 0.619 101.017 0.758
201612 -1.505 101.217 -1.840
201703 1.380 101.417 1.684
201706 5.338 102.117 6.470
201709 5.804 102.717 6.994
201712 6.961 102.617 8.396
201803 8.539 102.917 10.269
201806 12.780 104.017 15.207
201809 19.330 104.718 22.847
201812 18.988 104.217 22.551
201903 18.864 104.217 22.404
201906 15.524 105.718 18.175
201909 37.307 106.018 43.555
201912 38.520 105.818 45.056
202003 28.020 105.718 32.805
202006 23.226 106.618 26.963
202009 24.271 105.818 28.389
202012 31.155 105.518 36.545
202103 55.467 107.518 63.853
202106 67.515 108.486 77.029
202109 79.032 109.435 89.387
202112 87.828 110.384 98.481
202203 108.018 113.968 117.311
202206 141.899 115.760 151.721
202209 167.555 118.818 174.543
202212 180.480 119.345 187.176
202303 214.068 122.402 216.465
202306 253.226 123.140 254.527
202309 376.518 124.195 375.240
202312 354.444 123.773 354.444

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


E.ON SE  (BUE:EOAN GR) 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
=380.50/201.68
=1.89

* 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 (BUE:EOAN GR) 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 (BUE:EOAN GR) Headlines

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