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Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Cyclically Adjusted PB Ratio : 1.37 (As of Mar. 02, 2025)


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What is Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PB Ratio?

As of today (2025-03-02), Empresa Metropolitana de Aguas & Energia's current share price is R$41.89. Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was R$30.52. Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:EMAE4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.73   Max: 3.59
Current: 1.37

During the past years, Empresa Metropolitana de Aguas & Energia's highest Cyclically Adjusted PB Ratio was 3.59. The lowest was 0.99. And the median was 1.73.

BSP:EMAE4's Cyclically Adjusted PB Ratio is ranked better than
53.73% of 389 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs BSP:EMAE4: 1.37

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.

Empresa Metropolitana de Aguas & Energia's adjusted book value per share data for the three months ended in Sep. 2024 was R$31.134. 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$30.52 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Empresa Metropolitana de Aguas & Energia'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.

Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PB Ratio Chart

Empresa Metropolitana de Aguas & Energia 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 - 2.78 2.71 2.36 1.98

Empresa Metropolitana de Aguas & Energia 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 2.27 1.98 2.32 1.57 1.27

Competitive Comparison of Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Empresa Metropolitana de Aguas & Energia'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.


Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PB Ratio falls into.



Empresa Metropolitana de Aguas & Energia 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.

Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.89/30.52
=1.37

* 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.

Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Empresa Metropolitana de Aguas & Energia'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)
=31.134/162.3424*162.3424
=31.134

Current CPI (Sep. 2024) = 162.3424.

Empresa Metropolitana de Aguas & Energia Quarterly Data

Book Value per Share CPI Adj_Book
201412 18.420 94.194 31.747
201503 19.052 97.799 31.625
201506 18.853 100.006 30.604
201509 19.768 101.392 31.651
201512 20.589 104.247 32.063
201603 20.671 106.979 31.369
201606 21.232 108.851 31.666
201609 21.839 109.986 32.235
201612 19.567 110.802 28.669
201703 19.770 111.869 28.690
201706 19.692 112.115 28.514
201709 20.004 112.777 28.796
201712 22.191 114.068 31.582
201803 22.622 114.868 31.972
201806 23.065 117.038 31.993
201809 23.235 117.881 31.998
201812 23.516 118.340 32.260
201903 24.078 120.124 32.540
201906 24.433 120.977 32.787
201909 24.870 121.292 33.287
201912 26.801 123.436 35.248
202003 27.065 124.092 35.408
202006 27.574 123.557 36.230
202009 28.682 125.095 37.222
202012 19.447 129.012 24.471
202103 20.719 131.660 25.547
202106 20.973 133.871 25.434
202109 21.842 137.913 25.711
202112 19.967 141.992 22.829
202203 20.665 146.537 22.894
202206 20.795 149.784 22.539
202209 25.093 147.800 27.562
202212 30.427 150.207 32.885
202303 30.938 153.352 32.752
202306 30.258 154.519 31.790
202309 31.371 155.464 32.759
202312 29.461 157.148 30.435
202403 30.070 159.372 30.630
202406 30.923 161.052 31.171
202409 31.134 162.342 31.134

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.


Empresa Metropolitana de Aguas & Energia  (BSP:EMAE4) 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.


Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PB Ratio Related Terms

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Empresa Metropolitana de Aguas & Energia Business Description

Traded in Other Exchanges
Address
Avenida Jornalista Roberto Marinho, No. 85, 16th Floor 17 andares, Bairro de Cidade Moncoes, Sao Paulo, SP, BRA, 04576-010
Empresa Metropolitana de Aguas & Energia SA is engaged in electricity generation. The company manages a complex hydraulic system that includes dykes, dams, and reservoirs, with notable ones being Billings and Guarapiranga, located in the southern zone of Sao Paulo city, as well as the Sao Paulo and Pedreira pumping stations and the Pinheiros River canal. The company's activities include electricity supply, the construction of energy generation assets, and the provision of operation and maintenance services for power plants and related structures, serving both private companies and public sector entities.

Empresa Metropolitana de Aguas & Energia Headlines

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