GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Exelon Corp (FRA:PEO) » Definitions » Cyclically Adjusted Book per Share

Exelon (FRA:PEO) Cyclically Adjusted Book per Share : €32.42 (As of Mar. 2025)


View and export this data going back to 1993. Start your Free Trial

What is Exelon 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.

Exelon's adjusted book value per share for the three months ended in Mar. 2025 was €25.295. 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 €32.42 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Exelon's average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Exelon was 9.10% per year. The lowest was -4.50% per year. And the median was 5.70% per year.

As of today (2025-05-23), Exelon's current stock price is €38.815. Exelon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €32.42. Exelon's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Exelon was 1.47. The lowest was 0.76. And the median was 1.09.


Exelon Cyclically Adjusted Book per Share Historical Data

The historical data trend for Exelon'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.

Exelon Cyclically Adjusted Book per Share Chart

Exelon 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 24.42 28.69 32.22 31.41 33.36

Exelon 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 32.39 32.95 31.26 33.36 32.42

Competitive Comparison of Exelon's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Exelon'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.


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

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

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


;
;

Exelon 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, Exelon'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)
=25.295/134.9266*134.9266
=25.295

Current CPI (Mar. 2025) = 134.9266.

Exelon Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.308 100.684 32.575
201509 24.970 100.392 33.560
201512 25.737 99.792 34.798
201603 26.027 100.470 34.953
201606 24.839 101.688 32.958
201609 25.117 101.861 33.270
201612 26.508 101.863 35.112
201703 26.785 102.862 35.134
201706 25.535 103.349 33.337
201709 24.536 104.136 31.791
201712 26.233 104.011 34.030
201803 25.397 105.290 32.546
201806 27.043 106.317 34.320
201809 27.491 106.507 34.827
201812 27.915 105.998 35.533
201903 28.581 107.251 35.956
201906 28.737 108.070 35.879
201909 29.911 108.329 37.255
201912 29.806 108.420 37.093
202003 30.168 108.902 37.377
202006 29.800 108.767 36.967
202009 28.618 109.815 35.162
202012 27.444 109.897 33.695
202103 27.521 111.754 33.227
202106 27.281 114.631 32.111
202109 29.411 115.734 34.288
202112 31.091 117.630 35.663
202203 21.760 121.301 24.204
202206 22.824 125.017 24.633
202209 24.984 125.227 26.919
202212 23.499 125.222 25.320
202303 23.539 127.348 24.940
202306 23.259 128.729 24.379
202309 23.975 129.860 24.911
202312 23.641 129.419 24.647
202403 23.976 131.776 24.549
202406 24.283 132.554 24.718
202409 23.871 133.029 24.212
202412 25.580 133.157 25.920
202503 25.295 134.927 25.295

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


Exelon  (FRA:PEO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.815/32.42
=1.20

* 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 Exelon was 1.47. The lowest was 0.76. And the median was 1.09.


Be Aware

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


Exelon Cyclically Adjusted Book per Share Related Terms

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


Exelon Business Description

Industry
Address
10 South Dearborn Street, 54th Floor, P.O. Box 805379, Chicago, IL, USA, 60680-5379
Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.