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Consolidated Edison (STU:EDC) Cyclically Adjusted PB Ratio : 1.53 (As of Jun. 01, 2025)


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What is Consolidated Edison Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Consolidated Edison's current share price is €90.38. Consolidated Edison's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €59.21. Consolidated Edison's Cyclically Adjusted PB Ratio for today is 1.53.

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

STU:EDC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.66   Max: 2.02
Current: 1.63

During the past years, Consolidated Edison's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 1.32. And the median was 1.66.

STU:EDC's Cyclically Adjusted PB Ratio is ranked worse than
54.01% of 411 companies
in the Utilities - Regulated industry
Industry Median: 1.5 vs STU:EDC: 1.63

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.

Consolidated Edison's adjusted book value per share data for the three months ended in Mar. 2025 was €61.109. 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 €59.21 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consolidated Edison Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Consolidated Edison'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.

Consolidated Edison Cyclically Adjusted PB Ratio Chart

Consolidated Edison Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.58 1.64 1.50 1.41

Consolidated Edison Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.46 1.43 1.65 1.41 1.72

Competitive Comparison of Consolidated Edison's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Consolidated Edison'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.


Consolidated Edison's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Consolidated Edison's Cyclically Adjusted PB Ratio falls into.


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Consolidated Edison 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.

Consolidated Edison's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=90.38/59.21
=1.53

* 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.

Consolidated Edison's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Consolidated Edison's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=61.109/134.9266*134.9266
=61.109

Current CPI (Mar. 2025) = 134.9266.

Consolidated Edison Quarterly Data

Book Value per Share CPI Adj_Book
201506 38.905 100.684 52.137
201509 39.643 100.392 53.280
201512 40.893 99.792 55.290
201603 40.297 100.470 54.117
201606 40.840 101.688 54.189
201609 41.678 101.861 55.207
201612 44.441 101.863 58.866
201703 44.445 102.862 58.299
201706 42.144 103.349 55.021
201709 40.873 104.136 52.958
201712 42.026 104.011 54.518
201803 40.821 105.290 52.311
201806 43.070 106.317 54.660
201809 43.779 106.507 55.461
201812 45.801 105.998 58.301
201903 47.008 107.251 59.138
201906 47.206 108.070 58.937
201909 49.117 108.329 61.176
201912 48.762 108.420 60.683
202003 49.480 108.902 61.305
202006 48.454 108.767 60.108
202009 47.010 109.815 57.760
202012 45.259 109.897 55.567
202103 46.748 111.754 56.441
202106 46.421 114.631 54.640
202109 48.111 115.734 56.089
202112 50.095 117.630 57.461
202203 52.269 121.301 58.140
202206 54.481 125.017 58.800
202209 59.030 125.227 63.602
202212 55.016 125.222 59.280
202303 56.264 127.348 59.612
202306 55.823 128.729 58.511
202309 57.247 129.860 59.481
202312 56.170 129.419 58.560
202403 57.473 131.776 58.847
202406 57.888 132.554 58.924
202409 57.023 133.029 57.836
202412 60.513 133.157 61.317
202503 61.109 134.927 61.109

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.


Consolidated Edison  (STU:EDC) 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.


Consolidated Edison Cyclically Adjusted PB Ratio Related Terms

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


Consolidated Edison Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York - including New York City and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

Consolidated Edison Headlines