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Entergy (BSP:E1TR34) Cyclically Adjusted PB Ratio : 1.94 (As of Jun. 12, 2024)


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What is Entergy Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Entergy's current share price is R$289.42. Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$149.45. Entergy's Cyclically Adjusted PB Ratio for today is 1.94.

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

BSP:E1TR34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.59   Max: 2.45
Current: 1.68

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

BSP:E1TR34's Cyclically Adjusted PB Ratio is ranked worse than
59.21% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs BSP:E1TR34: 1.68

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 adjusted book value per share data for the three months ended in Mar. 2024 was R$168.797. 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 R$149.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Entergy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Entergy'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.

Entergy Cyclically Adjusted PB Ratio Chart

Entergy 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 2.19 1.81 1.92 1.83 1.60

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 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 1.72 1.54 1.46 1.60 1.64

Competitive Comparison of Entergy's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=289.42/149.45
=1.94

* 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.

Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=168.797/131.7762*131.7762
=168.797

Current CPI (Mar. 2024) = 131.7762.

Entergy Quarterly Data

Book Value per Share CPI Adj_Book
201406 62.654 100.560 82.104
201409 66.038 100.428 86.652
201412 73.754 99.070 98.103
201503 88.669 99.621 117.289
201506 88.036 100.684 115.222
201509 100.181 100.392 131.500
201512 100.689 99.792 132.960
201603 96.846 100.470 127.022
201606 93.364 101.688 120.989
201609 91.434 101.861 118.287
201612 75.661 101.863 97.880
201703 70.218 102.862 89.956
201706 76.831 103.349 97.964
201709 75.775 104.136 95.888
201712 72.944 104.011 92.416
201803 72.317 105.290 90.509
201806 83.644 106.317 103.674
201809 95.415 106.507 118.053
201812 90.835 105.998 112.926
201903 90.705 107.251 111.447
201906 95.065 108.070 115.919
201909 103.823 108.329 126.294
201912 105.356 108.420 128.052
202003 124.790 108.902 151.002
202006 135.093 108.767 163.671
202009 145.252 109.815 174.300
202012 140.357 109.897 168.301
202103 154.718 111.754 182.437
202106 136.226 114.631 156.601
202109 147.784 115.734 168.268
202112 162.365 117.630 181.892
202203 143.422 121.301 155.808
202206 145.303 125.017 153.159
202209 155.858 125.227 164.010
202212 161.043 125.222 169.472
202303 160.833 127.348 166.426
202306 151.921 128.729 155.518
202309 159.875 129.860 162.235
202312 168.308 129.419 171.373
202403 168.797 131.776 168.797

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.


Entergy  (BSP:E1TR34) 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.


Entergy Cyclically Adjusted PB Ratio Related Terms

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


Entergy (BSP:E1TR34) Business Description

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.

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