GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Paranaense De Energia Copel (MEX:ELP1) » Definitions » Cyclically Adjusted Book per Share

Cia Paranaense De Energia Copel (MEX:ELP1) Cyclically Adjusted Book per Share : MXN99.50 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Cia Paranaense De Energia Copel 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.

Cia Paranaense De Energia Copel's adjusted book value per share for the three months ended in Dec. 2023 was MXN110.967. 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 MXN99.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cia Paranaense De Energia Copel's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Cia Paranaense De Energia Copel was 11.90% per year. The lowest was 5.00% per year. And the median was 7.10% per year.

As of today (2024-06-24), Cia Paranaense De Energia Copel's current stock price is MXN116.00. Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was MXN99.50. Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio of today is 1.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cia Paranaense De Energia Copel was 1.34. The lowest was 0.25. And the median was 0.59.


Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Chart

Cia Paranaense De Energia Copel 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 95.45 90.64 111.69 118.38 99.50

Cia Paranaense De Energia Copel 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 118.38 137.94 105.38 111.17 99.50

Competitive Comparison of Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio falls into.



Cia Paranaense De Energia Copel 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, Cia Paranaense De Energia Copel'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)
=110.967/157.1481*157.1481
=110.967

Current CPI (Dec. 2023) = 157.1481.

Cia Paranaense De Energia Copel Quarterly Data

Book Value per Share CPI Adj_Book
201403 108.151 90.447 187.908
201406 111.560 91.838 190.896
201409 112.303 92.602 190.582
201412 108.766 94.194 181.460
201503 97.622 97.799 156.863
201506 101.679 100.006 159.777
201509 87.948 101.392 136.311
201512 91.703 104.247 138.239
201603 97.810 106.979 143.679
201606 121.351 108.851 175.195
201609 132.760 109.986 189.687
201612 132.215 110.802 187.518
201703 134.443 111.869 188.859
201706 121.803 112.115 170.728
201709 131.906 112.777 183.803
201712 132.468 114.068 182.498
201803 125.697 114.868 171.963
201806 120.857 117.038 162.276
201809 107.952 117.881 143.911
201812 118.467 118.340 157.316
201903 122.014 120.124 159.621
201906 122.898 120.977 159.643
201909 122.224 121.292 158.355
201912 115.851 123.436 147.491
202003 124.583 124.092 157.771
202006 125.951 123.557 160.193
202009 119.912 125.095 150.637
202012 112.779 129.012 137.374
202103 101.981 131.660 121.723
202106 116.691 133.871 136.981
202109 122.773 137.913 139.897
202112 115.763 141.992 128.119
202203 131.564 146.537 141.091
202206 119.958 149.784 125.856
202209 117.553 147.800 124.988
202212 113.069 150.207 118.294
202303 108.445 153.352 111.129
202306 112.322 154.519 114.233
202309 109.975 155.464 111.167
202312 110.967 157.148 110.967

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


Cia Paranaense De Energia Copel  (MEX:ELP1) 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=116.00/99.5
=1.17

* 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 Cia Paranaense De Energia Copel was 1.34. The lowest was 0.25. And the median was 0.59.


Be Aware

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


Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Related Terms

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


Cia Paranaense De Energia Copel (MEX:ELP1) Business Description

Address
Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.

Cia Paranaense De Energia Copel (MEX:ELP1) Headlines

No Headlines