GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Paranaense De Energia Copel (BSP:CPLE6) » Definitions » Cyclically Adjusted Book per Share

Cia Paranaense De Energia Copel (BSP:CPLE6) Cyclically Adjusted Book per Share : R$8.84 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Cia Paranaense De Energia Copel's adjusted book value per share for the three months ended in Dec. 2023 was R$8.008. 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$8.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cia Paranaense De Energia Copel's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Cia Paranaense De Energia Copel was 11.90% per year. The lowest was 5.00% per year. And the median was 7.10% per year.

As of today (2024-04-29), Cia Paranaense De Energia Copel's current stock price is R$9.10. Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$8.84. Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cia Paranaense De Energia Copel was 1.34. The lowest was 0.25. And the median was 0.59.


Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share 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.

Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Chart

Cia Paranaense De Energia Copel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 7.22 7.82 9.00 8.84

Cia Paranaense De Energia Copel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 9.00 8.86 8.09 8.59 8.84

Competitive Comparison of Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio falls into.



Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Cia Paranaense De Energia Copel'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)
=8.008/156.2729*156.2729
=8.008

Current CPI (Dec. 2023) = 156.2729.

Cia Paranaense De Energia Copel Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.815 90.447 8.319
201406 4.808 91.838 8.181
201409 4.889 92.602 8.251
201412 4.870 94.194 8.080
201503 5.029 97.799 8.036
201506 5.041 100.006 7.877
201509 5.079 101.392 7.828
201512 5.174 104.247 7.756
201603 5.253 106.979 7.673
201606 5.616 108.851 8.063
201609 5.584 109.986 7.934
201612 5.377 110.802 7.584
201703 5.583 111.869 7.799
201706 5.551 112.115 7.737
201709 5.692 112.777 7.887
201712 5.556 114.068 7.612
201803 5.672 114.868 7.717
201806 5.799 117.038 7.743
201809 5.928 117.881 7.859
201812 5.858 118.340 7.736
201903 6.040 120.124 7.858
201906 6.167 120.977 7.966
201909 6.376 121.292 8.215
201912 6.303 123.436 7.980
202003 6.490 124.092 8.173
202006 7.078 123.557 8.952
202009 7.328 125.095 9.154
202012 7.292 129.012 8.833
202103 7.028 131.660 8.342
202106 7.369 133.871 8.602
202109 7.880 137.913 8.929
202112 7.978 141.992 8.780
202203 8.221 146.537 8.767
202206 7.525 149.784 7.851
202209 7.661 147.800 8.100
202212 7.605 150.207 7.912
202303 7.834 153.352 7.983
202306 7.950 154.519 8.040
202309 7.795 155.464 7.836
202312 8.008 156.273 8.008

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Cia Paranaense De Energia Copel  (BSP:CPLE6) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.10/8.84
=1.03

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cia Paranaense De Energia Copel was 1.34. The lowest was 0.25. And the median was 0.59.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cia Paranaense De Energia Copel (BSP:CPLE6) Business Description

Address
Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.

Cia Paranaense De Energia Copel (BSP:CPLE6) Headlines

No Headlines