GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Emera Inc (OTCPK:EMRAF) » Definitions » Cyclically Adjusted Book per Share

Emera (EMRAF) Cyclically Adjusted Book per Share : $25.51 (As of Mar. 2025)


View and export this data going back to . Start your Free Trial

What is Emera 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.

Emera's adjusted book value per share for the three months ended in Mar. 2025 was $28.793. 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 $25.51 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Emera's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Emera was 11.90% per year. The lowest was 0.30% per year. And the median was 2.80% per year.

As of today (2025-05-21), Emera's current stock price is $44.0925. Emera's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $25.51. Emera's Cyclically Adjusted PB Ratio of today is 1.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emera was 3.15. The lowest was 1.29. And the median was 2.28.


Emera Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emera'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.

Emera Cyclically Adjusted Book per Share Chart

Emera 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 18.87 21.34 22.85 25.32 24.95

Emera 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 25.44 25.69 26.13 24.95 25.51

Competitive Comparison of Emera's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Emera'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.


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

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

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


;
;

Emera 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, Emera'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)
=28.793/129.1809*129.1809
=28.793

Current CPI (Mar. 2025) = 129.1809.

Emera Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.589 100.500 21.323
201509 15.806 100.421 20.333
201512 17.293 99.947 22.351
201603 17.238 101.054 22.036
201606 18.410 102.002 23.316
201609 20.633 101.765 26.192
201612 21.400 101.449 27.250
201703 22.012 102.634 27.706
201706 21.736 103.029 27.253
201709 22.288 103.345 27.860
201712 21.919 103.345 27.399
201803 22.661 105.004 27.879
201806 22.689 105.557 27.767
201809 22.096 105.636 27.021
201812 23.248 105.399 28.494
201903 23.582 106.979 28.476
201906 23.281 107.690 27.927
201909 23.021 107.611 27.635
201912 23.682 107.769 28.387
202003 25.371 107.927 30.367
202006 24.625 108.401 29.345
202009 25.144 108.164 30.030
202012 25.461 108.559 30.297
202103 26.225 110.298 30.715
202106 26.217 111.720 30.315
202109 25.412 112.905 29.075
202112 26.017 113.774 29.540
202203 26.645 117.646 29.258
202206 26.549 120.806 28.390
202209 27.112 120.648 29.030
202212 27.282 120.964 29.135
202303 28.151 122.702 29.637
202306 28.020 124.203 29.143
202309 27.881 125.230 28.761
202312 27.945 125.072 28.863
202403 28.390 126.258 29.047
202406 28.156 127.522 28.522
202409 27.745 127.285 28.158
202412 28.118 127.364 28.519
202503 28.793 129.181 28.793

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


Emera  (OTCPK:EMRAF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.0925/25.51
=1.73

* 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 Emera was 3.15. The lowest was 1.29. And the median was 2.28.


Be Aware

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


Emera Cyclically Adjusted Book per Share Related Terms

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


Emera Business Description

Industry
Address
5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.