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E.ON SE (WBO:EOAN) Cyclically Adjusted PB Ratio : 1.91 (As of Apr. 30, 2024)


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What is E.ON SE Cyclically Adjusted PB Ratio?

As of today (2024-04-30), E.ON SE's current share price is €12.41. E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €6.49. E.ON SE's Cyclically Adjusted PB Ratio for today is 1.91.

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

WBO:EOAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.62   Max: 2
Current: 1.93

During the past years, E.ON SE's highest Cyclically Adjusted PB Ratio was 2.00. The lowest was 0.31. And the median was 0.62.

WBO:EOAN's Cyclically Adjusted PB Ratio is ranked worse than
66.52% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.38 vs WBO:EOAN: 1.93

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.

E.ON SE's adjusted book value per share data for the three months ended in Dec. 2023 was €5.404. 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 €6.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E.ON SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E.ON SE'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.

E.ON SE Cyclically Adjusted PB Ratio Chart

E.ON SE 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 0.75 0.87 1.38 1.19 1.88

E.ON SE 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 1.19 1.51 1.61 1.62 1.88

Competitive Comparison of E.ON SE's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, E.ON SE'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.


E.ON SE's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, E.ON SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E.ON SE's Cyclically Adjusted PB Ratio falls into.



E.ON SE 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.

E.ON SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.41/6.49
=1.91

* 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.

E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, E.ON SE'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)
=5.404/123.6675*123.6675
=5.404

Current CPI (Dec. 2023) = 123.6675.

E.ON SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.568 99.543 21.826
201406 16.905 99.543 21.002
201409 15.888 99.823 19.683
201412 12.720 99.543 15.803
201503 13.234 99.717 16.413
201506 13.552 100.417 16.690
201509 9.124 100.417 11.237
201512 8.415 99.717 10.436
201603 7.993 100.017 9.883
201606 5.013 100.717 6.155
201609 0.222 101.017 0.272
201612 -0.540 101.217 -0.660
201703 0.502 101.417 0.612
201706 1.729 102.117 2.094
201709 1.668 102.717 2.008
201712 1.849 102.617 2.228
201803 2.063 102.917 2.479
201806 2.633 104.017 3.130
201809 2.702 104.718 3.191
201812 2.657 104.217 3.153
201903 2.563 104.217 3.041
201906 1.846 105.718 2.159
201909 3.636 106.018 4.241
201912 3.481 105.818 4.068
202003 2.452 105.718 2.868
202006 1.808 106.618 2.097
202009 1.666 105.818 1.947
202012 1.889 105.518 2.214
202103 3.105 107.518 3.571
202106 3.551 108.486 4.048
202109 4.126 109.435 4.663
202112 4.620 110.384 5.176
202203 5.483 113.968 5.950
202206 6.696 115.760 7.153
202209 7.310 118.818 7.608
202212 6.100 119.345 6.321
202303 6.075 122.402 6.138
202306 5.846 123.140 5.871
202309 6.051 124.195 6.025
202312 5.404 123.668 5.404

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.


E.ON SE  (WBO:EOAN) 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.


E.ON SE Cyclically Adjusted PB Ratio Related Terms

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


E.ON SE (WBO:EOAN) Business Description

Industry
Address
Brusseler Platz 1, Essen, NW, DEU, 45131
Since completing the transformative deal with RWE in 2019, E.On has two core businesses: energy networks and retail supply. Its pro forma retail supply serves around 48 million customers primarily in Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. Its pro forma networks business operates in Germany, Sweden, Eastern Europe, and Turkey.

E.ON SE (WBO:EOAN) Headlines

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