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Elektro - Eletricidade e Servicos (BSP:EKTR4) Cyclically Adjusted PB Ratio : 2.90 (As of Jan. 19, 2025)


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What is Elektro - Eletricidade e Servicos Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Elektro - Eletricidade e Servicos's current share price is R$50.99. Elektro - Eletricidade e Servicos's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was R$17.58. Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio for today is 2.90.

The historical rank and industry rank for Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:EKTR4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.18   Max: 3.36
Current: 2.56

During the past years, Elektro - Eletricidade e Servicos's highest Cyclically Adjusted PB Ratio was 3.36. The lowest was 1.21. And the median was 2.18.

BSP:EKTR4's Cyclically Adjusted PB Ratio is ranked worse than
79% of 400 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs BSP:EKTR4: 2.56

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.

Elektro - Eletricidade e Servicos's adjusted book value per share data for the three months ended in Sep. 2024 was R$10.627. 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$17.58 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elektro - Eletricidade e Servicos Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Elektro - Eletricidade e Servicos'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.

Elektro - Eletricidade e Servicos Cyclically Adjusted PB Ratio Chart

Elektro - Eletricidade e Servicos 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 2.04 1.77 2.35 2.13 2.17

Elektro - Eletricidade e Servicos Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.18 2.17 3.20 2.47 2.56

Competitive Comparison of Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Elektro - Eletricidade e Servicos'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.


Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio falls into.



Elektro - Eletricidade e Servicos 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.

Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.99/17.58
=2.90

* 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.

Elektro - Eletricidade e Servicos's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Elektro - Eletricidade e Servicos's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.627/162.3424*162.3424
=10.627

Current CPI (Sep. 2024) = 162.3424.

Elektro - Eletricidade e Servicos Quarterly Data

Book Value per Share CPI Adj_Book
201412 11.459 94.194 19.750
201503 12.064 97.799 20.026
201506 10.706 100.006 17.379
201509 10.197 101.392 16.327
201512 10.128 104.247 15.772
201603 10.466 106.979 15.882
201606 10.292 108.851 15.350
201609 10.065 109.986 14.856
201612 7.729 110.802 11.324
201703 10.770 111.869 15.629
201706 10.474 112.115 15.166
201709 10.066 112.777 14.490
201712 10.478 114.068 14.912
201803 8.249 114.868 11.658
201806 8.629 117.038 11.969
201809 9.114 117.881 12.552
201812 9.254 118.340 12.695
201903 12.464 120.124 16.845
201906 10.024 120.977 13.451
201909 13.491 121.292 18.057
201912 11.179 123.436 14.703
202003 11.906 124.092 15.576
202006 14.727 123.557 19.350
202009 13.063 125.095 16.953
202012 12.805 129.012 16.113
202103 13.863 131.660 17.094
202106 13.976 133.871 16.948
202109 14.941 137.913 17.588
202112 14.105 141.992 16.126
202203 15.401 146.537 17.062
202206 15.994 149.784 17.335
202209 15.695 147.800 17.239
202212 14.786 150.207 15.981
202303 16.273 153.352 17.227
202306 14.750 154.519 15.497
202309 14.069 155.464 14.692
202312 15.478 157.148 15.990
202403 16.696 159.372 17.007
202406 11.752 161.052 11.846
202409 10.627 162.342 10.627

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.


Elektro - Eletricidade e Servicos  (BSP:EKTR4) 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.


Elektro - Eletricidade e Servicos Cyclically Adjusted PB Ratio Related Terms

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


Elektro - Eletricidade e Servicos Business Description

Traded in Other Exchanges
N/A
Address
Rua Ary Antenor de Souza 321, 1 Andar, Campinas, SP, BRA, 13053024
Elektro - Eletricidade e Servicos SA is a power distribution company. The company is principally engaged in the transmission, distribution and generation of electric energy for industrial, residential and rural consumption, among others.

Elektro - Eletricidade e Servicos Headlines

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