Energy Development Co (NSE:ENERGYDEV) Cyclically Adjusted Book per Share: ₹38.11 (As of Mar. 2026)


NSE:ENERGYDEV Energy Development Co Ltd NSE:ENERGYDEV
69 GF Score
Price ₹17.85
GF Value ₹26.96
Valuation Possible Value Trap
! 4 Warning Signs
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What is Energy Development Co Cyclically Adjusted Book per Share?

Energy Development Co NSE:ENERGYDEV +3.72% 69 Cyclically Adjusted Book per Share is ₹38.11 as of Mar. 2026. GuruFocus rates NSE:ENERGYDEV with a GF Score™ of 69/100 and a GF Value™ of ₹26.96 (Possible Value Trap). The stock has 4 warning signs investors should review.

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.

Energy Development Co's adjusted book value per share for the three months ended in Mar. 2026 was ₹0.823. 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 ₹38.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Energy Development Co's average Cyclically Adjusted Book Growth Rate was -22.40% 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.

As of today (2026-07-06), Energy Development Co's current stock price is ₹17.85. Energy Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹38.11. Energy Development Co's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Energy Development Co was 0.62. The lowest was 0.35. And the median was 0.44.


Energy Development Co  (NSE:ENERGYDEV) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.85/38.11
=0.47

* 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 Energy Development Co was 0.62. The lowest was 0.35. And the median was 0.44.


Be Aware

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


Energy Development Co Cyclically Adjusted Book per Share Related Terms


Energy Development Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Energy Development Co'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.

Energy Development Co Cyclically Adjusted Book per Share Chart

Energy Development Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 49.59 38.11

Energy Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 49.59 0.00 43.33 0.00 38.11

NSE:ENERGYDEV vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Energy Development Co'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.


Energy Development Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


NSE:ENERGYDEV
69GF Score
Energy Development Co Ltd NSE:ENERGYDEV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Development Co 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, Energy Development Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.823/164.2724*164.2724
=0.823

Current CPI (Mar. 2026) = 164.2724.

Energy Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201209 93.097 82.244 185.949
201212 0.000 83.774 0.000
201303 47.347 85.687 90.770
201403 43.023 91.425 77.304
201503 38.066 97.163 64.358
201603 29.911 102.518 47.929
201703 25.869 105.196 40.397
201803 22.834 109.786 34.166
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 21.063 118.202 29.272
201906 0.000 120.880 0.000
201909 19.197 123.175 25.602
201912 0.000 126.235 0.000
202003 19.809 124.705 26.094
202006 0.000 127.000 0.000
202009 19.360 130.118 24.442
202012 0.000 130.889 0.000
202103 18.826 131.771 23.470
202106 0.000 134.084 0.000
202109 20.595 135.847 24.904
202112 0.000 138.161 0.000
202203 20.868 138.822 24.694
202206 0.000 142.347 0.000
202209 22.600 144.661 25.664
202212 0.000 145.763 0.000
202303 21.768 146.865 24.348
202306 0.000 150.280 0.000
202309 22.048 151.492 23.908
202312 0.000 152.924 0.000
202403 21.304 153.035 22.868
202406 0.000 155.789 0.000
202409 22.583 157.882 23.497
202412 0.000 158.323 0.000
202503 0.835 157.552 0.871
202506 0.000 159.755 0.000
202509 3.402 162.289 3.444
202512 0.000 163.281 0.000
202603 0.823 164.272 0.823

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

What does a Cyclically Adjusted Book per Share of ₹38.11 mean?
Energy Development Co (NSE:ENERGYDEV) has a Cyclically Adjusted Book per Share of ₹38.11 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Energy Development Co and its competitors.
Is Energy Development Co's Cyclically Adjusted Book per Share too high?
Energy Development Co's current Cyclically Adjusted Book per Share is ₹38.11. Overall, Energy Development Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energy Development Co's Cyclically Adjusted Book per Share compare to NEE and SO?
Energy Development Co's Cyclically Adjusted Book per Share of ₹38.11 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Energy Development Co and its competitors. Energy Development Co's current Cyclically Adjusted Book per Share is ₹38.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Development Co stock overvalued right now?
Based on GuruFocus' analysis, Energy Development Co (NSE:ENERGYDEV) is currently considered Possible Value Trap. The stock's GF Value™ is ₹26.96, compared to a current price of ₹17.85 — trading 33.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹38.11. Energy Development Co's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Energy Development Co (NSE:ENERGYDEV), the current Cyclically Adjusted Book per Share is ₹38.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Energy Development Co (NSE:ENERGYDEV) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Development Co stock appears to be undervalued. The current stock price of ₹17.85 is trading 33.8% below its estimated GF Value™ of ₹26.96. GuruFocus considers Energy Development Co to be Possible Value Trap.

Key valuation signals for NSE:ENERGYDEV:

  • Cyclically Adjusted Book per Share: ₹38.11
  • GF Value™: ₹26.96 vs. price of ₹17.85 (33.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the NSE:ENERGYDEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energy Development Co Business Description

Other Exchanges 532219:India
Address 1A, Elgin Road, EDCL HOUSE, Kolkata, WB, IND, 700 020
Energy Development Co Ltd is engaged in the generation and sale of bulk power to various electricity boards; construction development, implementation, operation, and maintenance of projects and consultancies and trading of power equipment, and metals. The company's operating segment includes the generation division, contract division, and trading division. It generates maximum revenue from the generating division segment.
69GF Score

Get the complete analysis for NSE:ENERGYDEV

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹17.85
Price
₹26.96
GF Value