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Entergy (STU:ETY) Cyclically Adjusted Book per Share : €58.69 (As of Mar. 2024)


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What is Entergy 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.

Entergy's adjusted book value per share for the three months ended in Mar. 2024 was €62.369. 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 €58.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Entergy's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Entergy was 4.70% per year. The lowest was -0.70% per year. And the median was 2.60% per year.

As of today (2024-05-23), Entergy's current stock price is €104.00. Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €58.69. Entergy's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Entergy was 2.45. The lowest was 1.21. And the median was 1.59.


Entergy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Entergy'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.

Entergy Cyclically Adjusted Book per Share Chart

Entergy 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 48.95 43.38 51.46 58.08 56.58

Entergy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 57.48 57.02 59.75 56.58 58.69

Competitive Comparison of Entergy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Entergy'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.


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

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

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



Entergy 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, Entergy's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=62.369/131.7762*131.7762
=62.369

Current CPI (Mar. 2024) = 131.7762.

Entergy Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.247 100.560 54.051
201409 43.839 100.428 57.523
201412 45.281 99.070 60.230
201503 52.162 99.621 68.999
201506 50.416 100.684 65.985
201509 45.738 100.392 60.037
201512 47.636 99.792 62.903
201603 47.035 100.470 61.691
201606 48.545 101.688 62.909
201609 50.084 101.861 64.793
201612 42.771 101.863 55.331
201703 41.985 102.862 53.787
201706 41.500 103.349 52.915
201709 40.590 104.136 51.364
201712 37.413 104.011 47.400
201803 35.773 105.290 44.772
201806 37.974 106.317 47.068
201809 39.804 106.507 49.248
201812 41.121 105.998 51.121
201903 41.802 107.251 51.361
201906 43.641 108.070 53.214
201909 45.768 108.329 55.674
201912 46.203 108.420 56.156
202003 46.226 108.902 55.936
202006 46.243 108.767 56.025
202009 45.673 109.815 54.807
202012 44.852 109.897 53.782
202103 46.126 111.754 54.390
202106 44.971 114.631 51.697
202109 47.591 115.734 54.188
202112 50.821 117.630 56.933
202203 52.338 121.301 56.858
202206 54.463 125.017 57.408
202209 60.041 125.227 63.181
202212 57.965 125.222 60.999
202303 57.681 127.348 59.687
202306 57.780 128.729 59.148
202309 60.665 129.860 61.560
202312 62.998 129.419 64.145
202403 62.369 131.776 62.369

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


Entergy  (STU:ETY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=104.00/58.69
=1.77

* 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 Entergy was 2.45. The lowest was 1.21. And the median was 1.59.


Be Aware

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


Entergy Cyclically Adjusted Book per Share Related Terms

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


Entergy (STU:ETY) Business Description

Industry
Traded in Other Exchanges
Address
639 Loyola Avenue, New Orleans, LA, USA, 70113
Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of rate-regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its plants in the Northeast in 2014.

Entergy (STU:ETY) Headlines

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