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Centrais Eletricas Brasileiras (BUE:EBR) Cyclically Adjusted PB Ratio : 0.83 (As of May. 06, 2024)


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What is Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio?

As of today (2024-05-06), Centrais Eletricas Brasileiras's current share price is ARS35547.00. Centrais Eletricas Brasileiras's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS42,835.80. Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio for today is 0.83.

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

BUE:EBR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.6   Max: 0.92
Current: 0.71

During the past years, Centrais Eletricas Brasileiras's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.17. And the median was 0.60.

BUE:EBR's Cyclically Adjusted PB Ratio is ranked better than
66.67% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.2 vs BUE:EBR: 0.71

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.

Centrais Eletricas Brasileiras's adjusted book value per share data for the three months ended in Dec. 2023 was ARS14,739.963. 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 ARS42,835.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio Chart

Centrais Eletricas Brasileiras 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 0.61 0.63 0.58 0.76 0.77

Centrais Eletricas Brasileiras 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 0.76 0.60 0.71 0.67 0.77

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio falls into.



Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35547.00/42835.8
=0.83

* 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Centrais Eletricas Brasileiras'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)
=14739.963/156.2729*156.2729
=14,739.963

Current CPI (Dec. 2023) = 156.2729.

Centrais Eletricas Brasileiras Quarterly Data

Book Value per Share CPI Adj_Book
201403 619.376 90.447 1,070.146
201406 654.609 91.838 1,113.895
201409 620.554 92.602 1,047.236
201412 510.428 94.194 846.830
201503 479.973 97.799 766.947
201506 487.162 100.006 761.254
201509 372.914 101.392 574.762
201512 413.446 104.247 619.782
201603 445.338 106.979 650.542
201606 614.951 108.851 882.863
201609 702.218 109.986 997.741
201612 617.642 110.802 871.110
201703 664.813 111.869 928.695
201706 679.865 112.115 947.643
201709 769.934 112.777 1,066.881
201712 725.361 114.068 993.745
201803 802.997 114.868 1,092.441
201806 879.865 117.038 1,174.828
201809 1,146.836 117.881 1,520.336
201812 1,583.721 118.340 2,091.364
201903 1,714.000 120.124 2,229.801
201906 2,134.656 120.977 2,757.448
201909 2,530.453 121.292 3,260.236
201912 3,044.810 123.436 3,854.792
202003 0.000 124.092 0.000
202006 2,550.210 123.557 3,225.462
202009 2,659.024 125.095 3,321.740
202012 2,963.280 129.012 3,589.425
202103 2,967.615 131.660 3,522.379
202106 3,614.366 133.871 4,219.208
202109 3,595.022 137.913 4,073.618
202112 3,465.891 141.992 3,814.464
202203 4,335.576 146.537 4,623.625
202206 4,632.364 149.784 4,833.059
202209 5,135.525 147.800 5,429.943
202212 6,139.124 150.207 6,387.052
202303 7,291.535 153.352 7,430.398
202306 9,776.803 154.519 9,887.783
202309 14,225.055 155.464 14,299.116
202312 14,739.963 156.273 14,739.963

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.


Centrais Eletricas Brasileiras  (BUE:EBR) 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.


Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio Related Terms

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


Centrais Eletricas Brasileiras (BUE:EBR) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (BUE:EBR) Headlines