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Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4) Cyclically Adjusted PB Ratio : (As of May. 03, 2024)


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What is Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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.

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Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted PB Ratio Chart

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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.


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted PB Ratio falls into.



Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D 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.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D'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)
=-49.149/156.2729*156.2729
=-49.149

Current CPI (Dec. 2023) = 156.2729.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Quarterly Data

Book Value per Share CPI Adj_Book
201403 45.589 90.447 78.768
201406 41.957 91.838 71.395
201409 24.062 92.602 40.607
201412 9.091 94.194 15.083
201503 0.925 97.799 1.478
201506 -1.059 100.006 -1.655
201509 -10.998 101.392 -16.951
201512 -49.954 104.247 -74.884
201603 -29.735 106.979 -43.436
201606 -44.886 108.851 -64.441
201609 -74.420 109.986 -105.739
201612 -127.677 110.802 -180.073
201703 -115.018 111.869 -160.672
201706 -137.232 112.115 -191.283
201709 -135.550 112.777 -187.829
201712 -128.139 114.068 -175.550
201803 -129.248 114.868 -175.836
201806 -178.141 117.038 -237.860
201809 -216.221 117.881 -286.640
201812 -261.307 118.340 -345.066
201903 -267.536 120.124 -348.047
201906 -290.987 120.977 -375.883
201909 -346.266 121.292 -446.129
201912 -399.503 123.436 -505.779
202003 -423.016 124.092 -532.719
202006 -504.461 123.557 -638.034
202009 -548.094 125.095 -684.697
202012 -593.228 129.012 -718.578
202103 -611.031 131.660 -725.257
202106 189.421 133.871 221.119
202109 -44.944 137.913 -50.927
202112 -38.940 141.992 -42.856
202203 -38.811 146.537 -41.390
202206 -40.406 149.784 -42.157
202209 -40.613 147.800 -42.941
202212 -40.212 150.207 -41.836
202303 -39.609 153.352 -40.363
202306 -42.074 154.519 -42.552
202309 -43.448 155.464 -43.674
202312 -49.149 156.273 -49.149

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.


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D  (BSP:CEED4) 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.


Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D Cyclically Adjusted PB Ratio Related Terms

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Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4) Business Description

Traded in Other Exchanges
Address
Av Joaquim Porto Villanova 201, Predio A1/s, Porto Alegre, RS, BRA, 91410400
Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D generates, distributes, and sells electricity to residential, commercial and industrial clients in the south-east of Rio Grande do Sul, Brazil.

Companhia Estadual De Distribuicao De Energia Eletrica CEEE-D (BSP:CEED4) Headlines

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