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AEE (Ameren) Cyclically Adjusted PB Ratio : 2.34 (As of May. 25, 2025)


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What is Ameren Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Ameren's current share price is $96.30. Ameren's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $41.17. Ameren's Cyclically Adjusted PB Ratio for today is 2.34.

The historical rank and industry rank for Ameren's Cyclically Adjusted PB Ratio or its related term are showing as below:

AEE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.15   Max: 2.73
Current: 2.34

During the past years, Ameren's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 1.13. And the median was 2.15.

AEE's Cyclically Adjusted PB Ratio is ranked worse than
72.3% of 408 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs AEE: 2.34

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.

Ameren's adjusted book value per share data for the three months ended in Mar. 2025 was $45.205. 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 $41.17 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameren Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ameren's Cyclically Adjusted PB Ratio 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.

Ameren Cyclically Adjusted PB Ratio Chart

Ameren Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 2.58 2.42 1.88 2.20

Ameren Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 1.87 1.78 2.18 2.20 2.44

Competitive Comparison of Ameren's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Ameren'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.


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

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

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


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Ameren Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ameren's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.30/41.17
=2.34

* 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.

Ameren's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ameren'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)
=45.205/134.9266*134.9266
=45.205

Current CPI (Mar. 2025) = 134.9266.

Ameren Quarterly Data

Book Value per Share CPI Adj_Book
201506 27.881 100.684 37.363
201509 28.912 100.392 38.858
201512 28.631 99.792 38.711
201603 28.314 100.470 38.024
201606 28.533 101.688 37.860
201609 29.650 101.861 39.275
201612 29.279 101.863 38.783
201703 29.118 102.862 38.195
201706 29.505 103.349 38.520
201709 30.276 104.136 39.228
201712 29.613 104.011 38.415
201803 29.680 105.290 38.034
201806 30.270 106.317 38.416
201809 31.351 106.507 39.717
201812 31.211 105.998 39.729
201903 31.372 107.251 39.468
201906 31.697 108.070 39.574
201909 32.799 108.329 40.852
201912 32.734 108.420 40.737
202003 32.746 108.902 40.572
202006 33.294 108.767 41.301
202009 34.341 109.815 42.194
202012 35.286 109.897 43.323
202103 35.804 111.754 43.228
202106 36.379 114.631 42.820
202109 37.597 115.734 43.832
202112 37.641 117.630 43.176
202203 37.978 121.301 42.244
202206 38.235 125.017 41.266
202209 39.462 125.227 42.519
202212 40.107 125.222 43.215
202303 40.392 127.348 42.796
202306 40.719 128.729 42.679
202309 42.004 129.860 43.643
202312 42.617 129.419 44.430
202403 42.922 131.776 43.948
202406 43.250 132.554 44.024
202409 44.335 133.029 44.967
202412 44.883 133.157 45.479
202503 45.205 134.927 45.205

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


Ameren  (NYSE:AEE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ameren Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ameren's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameren Business Description

Traded in Other Exchanges
Address
1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves 2.5 million electricity customers and approximately 1 million natural gas customers.
Executives
Martin J Lyons officer: Executive VP & CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Mark C Lindgren officer: VP & Chief HR Officer of Sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST. LOUIS MO 63166-6149
Chonda J Nwamu other: SVP & Deputy General Counsel 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Shawn E Schukar other: Chmn & President of Subsidiary 1901 CHOUTEAU AVENUE, MC-1310, ST. LOUIS MO 63103
Theresa A Shaw officer: SVP, Finance and CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Michael L Moehn other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Rafael Flores director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Craig S Ivey director 825 8TH AVENUE, NEW YORK NY 10019
Fadi M Diya officer: SVP & CNO of Subsidiary 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Warner L Baxter officer: EVP and CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Gwendolyn G Mizell other: Chief Sustain & Diversity 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Leonard P Singh other: Chrmn and Pres-Elect of sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST LOUIS MO 63166-6149
Mark C Birk other: Vice President of Subsidiary 1901 CHOUTEAU AVE MC-1310, ST LOUIS MO 63103
Richard J Mark other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Bruce A Steinke officer: SVP, Finance & CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166