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EDP - Energias de Portugal (EDP - Energias de Portugal) Cyclically Adjusted Book per Share : $29.81 (As of Dec. 2023)


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What is EDP - Energias de Portugal 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.

EDP - Energias de Portugal's adjusted book value per share for the three months ended in Dec. 2023 was $30.273. 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 $29.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EDP - Energias de Portugal'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 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.60% 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 EDP - Energias de Portugal was 5.40% per year. The lowest was -11.50% per year. And the median was 2.90% per year.

As of today (2024-05-01), EDP - Energias de Portugal's current stock price is $37.70. EDP - Energias de Portugal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $29.81. EDP - Energias de Portugal's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EDP - Energias de Portugal was 2.36. The lowest was 1.16. And the median was 1.55.


EDP - Energias de Portugal Cyclically Adjusted Book per Share Historical Data

The historical data trend for EDP - Energias de Portugal'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.

EDP - Energias de Portugal Cyclically Adjusted Book per Share Chart

EDP - Energias de Portugal 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 27.24 30.30 27.88 28.34 29.81

EDP - Energias de Portugal 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 28.34 29.05 29.30 28.60 29.81

Competitive Comparison of EDP - Energias de Portugal's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, EDP - Energias de Portugal'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.


EDP - Energias de Portugal's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where EDP - Energias de Portugal's Cyclically Adjusted PB Ratio falls into.



EDP - Energias de Portugal 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, EDP - Energias de Portugal'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)
=30.273/118.0324*118.0324
=30.273

Current CPI (Dec. 2023) = 118.0324.

EDP - Energias de Portugal Quarterly Data

Book Value per Share CPI Adj_Book
201403 32.774 99.788 38.766
201406 30.783 99.967 36.346
201409 29.608 99.617 35.081
201412 28.797 99.723 34.084
201503 26.181 100.097 30.872
201506 26.043 100.769 30.505
201509 25.732 100.489 30.224
201512 25.392 100.119 29.935
201603 26.797 100.547 31.457
201606 26.321 101.319 30.663
201609 27.059 101.122 31.584
201612 26.682 100.998 31.182
201703 27.678 101.924 32.052
201706 27.592 102.240 31.854
201709 31.401 102.527 36.150
201712 30.377 102.479 34.988
201803 31.808 102.626 36.583
201806 28.126 103.790 31.985
201809 27.177 103.960 30.856
201812 27.434 103.159 31.389
201903 27.907 103.495 31.827
201906 26.757 104.192 30.311
201909 26.340 103.844 29.939
201912 26.462 103.592 30.151
202003 25.721 103.544 29.320
202006 22.563 104.323 25.528
202009 27.071 103.699 30.813
202012 29.542 103.354 33.737
202103 29.515 104.014 33.493
202106 29.953 104.852 33.718
202109 27.257 105.232 30.572
202112 26.692 106.191 29.669
202203 25.451 109.559 27.419
202206 20.616 114.003 21.345
202209 17.227 114.999 17.681
202212 23.842 116.377 24.181
202303 28.424 117.701 28.504
202306 27.819 117.872 27.857
202309 29.347 119.111 29.081
202312 30.273 118.032 30.273

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


EDP - Energias de Portugal  (OTCPK:EDPFY) 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.

EDP - Energias de Portugal's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.70/29.81
=1.26

* 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 EDP - Energias de Portugal was 2.36. The lowest was 1.16. And the median was 1.55.


Be Aware

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


EDP - Energias de Portugal Cyclically Adjusted Book per Share Related Terms

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


EDP - Energias de Portugal (EDP - Energias de Portugal) Business Description

Traded in Other Exchanges
Address
Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the U.S. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil that it aims to delist by end-2023.

EDP - Energias de Portugal (EDP - Energias de Portugal) Headlines

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