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E.ON SE (BSE:EOAN) Cyclically Adjusted PB Ratio : 1.90 (As of May. 27, 2024)


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What is E.ON SE Cyclically Adjusted PB Ratio?

As of today (2024-05-27), E.ON SE's current share price is lei61.80. E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was lei32.59. E.ON SE's Cyclically Adjusted PB Ratio for today is 1.90.

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

BSE:EOAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.63   Max: 2.05
Current: 1.92

During the past years, E.ON SE's highest Cyclically Adjusted PB Ratio was 2.05. The lowest was 0.31. And the median was 0.63.

BSE:EOAN's Cyclically Adjusted PB Ratio is ranked worse than
64.81% of 449 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs BSE:EOAN: 1.92

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.

E.ON SE's adjusted book value per share data for the three months ended in Dec. 2023 was lei27.002. 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 lei32.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E.ON SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E.ON SE'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.

E.ON SE Cyclically Adjusted PB Ratio Chart

E.ON SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.87 1.39 1.19 1.89

E.ON SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.19 1.51 1.62 1.63 1.89

Competitive Comparison of E.ON SE's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, E.ON SE'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.


E.ON SE's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



E.ON SE 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.

E.ON SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.80/32.59
=1.90

* 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.

E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, E.ON SE'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)
=27.002/123.7729*123.7729
=27.002

Current CPI (Dec. 2023) = 123.7729.

E.ON SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 111.328 99.543 138.427
201406 105.234 99.543 130.850
201409 93.804 99.823 116.310
201412 71.862 99.543 89.354
201503 65.619 99.717 81.449
201506 69.689 100.417 85.898
201509 46.917 100.417 57.830
201512 41.998 99.717 52.130
201603 40.782 100.017 50.469
201606 25.806 100.717 31.714
201609 1.140 101.017 1.397
201612 -2.612 101.217 -3.194
201703 2.461 101.417 3.003
201706 8.903 102.117 10.791
201709 9.109 102.717 10.976
201712 10.025 102.617 12.092
201803 11.655 102.917 14.017
201806 14.093 104.017 16.770
201809 14.446 104.718 17.075
201812 13.849 104.217 16.448
201903 13.271 104.217 15.761
201906 9.556 105.718 11.188
201909 18.345 106.018 21.417
201912 17.722 105.818 20.729
202003 12.415 105.718 14.535
202006 9.330 106.618 10.831
202009 8.991 105.818 10.517
202012 10.528 105.518 12.349
202103 16.934 107.518 19.494
202106 19.600 108.486 22.362
202109 22.242 109.435 25.156
202112 23.917 110.384 26.818
202203 27.666 113.968 30.046
202206 32.431 115.760 34.676
202209 33.163 118.818 34.546
202212 29.606 119.345 30.704
202303 29.801 122.402 30.135
202306 29.017 123.140 29.166
202309 29.589 124.195 29.489
202312 27.002 123.773 27.002

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.


E.ON SE  (BSE:EOAN) 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.


E.ON SE Cyclically Adjusted PB Ratio Related Terms

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


E.ON SE (BSE:EOAN) Business Description

Industry
Address
Brusseler Platz 1, Essen, NW, DEU, 45131
Since completing the transformative deal with RWE in 2019, E.On has two core businesses: energy networks and retail supply. Its pro forma retail supply serves around 48 million customers primarily in Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. Its pro forma networks business operates in Germany, Sweden, Eastern Europe, and Turkey.

E.ON SE (BSE:EOAN) Headlines

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