GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NextEra Energy Inc (FRA:FP3) » Definitions » Cyclically Adjusted Book per Share

NextEra Energy (FRA:FP3) Cyclically Adjusted Book per Share : €19.84 (As of Mar. 2025)


View and export this data going back to 1972. Start your Free Trial

What is NextEra Energy 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.

NextEra Energy's adjusted book value per share for the three months ended in Mar. 2025 was €22.382. 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 €19.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, NextEra Energy's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 NextEra Energy was 10.80% per year. The lowest was 3.40% per year. And the median was 7.00% per year.

As of today (2025-05-29), NextEra Energy's current stock price is €60.35. NextEra Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €19.84. NextEra Energy's Cyclically Adjusted PB Ratio of today is 3.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NextEra Energy was 5.96. The lowest was 2.63. And the median was 3.79.


NextEra Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for NextEra Energy'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.

NextEra Energy Cyclically Adjusted Book per Share Chart

NextEra Energy 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 11.34 14.00 16.70 17.52 20.06

NextEra Energy 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 18.34 18.66 18.42 20.06 19.84

Competitive Comparison of NextEra Energy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, NextEra Energy'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.


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

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

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


;
;

NextEra Energy 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, NextEra Energy'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)
=22.382/134.9266*134.9266
=22.382

Current CPI (Mar. 2025) = 134.9266.

NextEra Energy Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.513 100.684 14.088
201509 10.795 100.392 14.509
201512 11.238 99.792 15.195
201603 11.147 100.470 14.970
201606 11.161 101.688 14.809
201609 11.397 101.861 15.097
201612 12.327 101.863 16.328
201703 12.730 102.862 16.698
201706 12.294 103.349 16.050
201709 11.771 104.136 15.251
201712 12.664 104.011 16.428
201803 14.066 105.290 18.025
201806 14.984 106.317 19.016
201809 15.354 106.507 19.451
201812 15.697 105.998 19.981
201903 15.811 107.251 19.891
201906 16.121 108.070 20.127
201909 16.994 108.329 21.166
201912 17.027 108.420 21.190
202003 16.827 108.902 20.848
202006 16.808 108.767 20.850
202009 16.159 109.815 19.854
202012 15.313 109.897 18.801
202103 16.007 111.754 19.326
202106 15.626 114.631 18.393
202109 15.876 115.734 18.509
202112 16.772 117.630 19.238
202203 16.587 121.301 18.450
202206 17.545 125.017 18.936
202209 19.634 125.227 21.155
202212 18.637 125.222 20.081
202303 19.801 127.348 20.979
202306 20.430 128.729 21.414
202309 21.508 129.860 22.347
202312 21.213 129.419 22.116
202403 21.781 131.776 22.302
202406 22.211 132.554 22.609
202409 21.930 133.029 22.243
202412 23.260 133.157 23.569
202503 22.382 134.927 22.382

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


NextEra Energy  (FRA:FP3) 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.

NextEra Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.35/19.84
=3.04

* 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 NextEra Energy was 5.96. The lowest was 2.63. And the median was 3.79.


Be Aware

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


NextEra Energy Cyclically Adjusted Book per Share Related Terms

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


NextEra Energy Business Description

Industry
Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to over 6 million customer accounts in Florida and owns 36 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 37 GW of generation capacity, including natural gas, nuclear, wind, and solar.

NextEra Energy Headlines

No Headlines