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Elektro - Eletricidade e Servicos (BSP:EKTR4) Cyclically Adjusted Book per Share : R$14.42 (As of Mar. 2024)


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What is Elektro - Eletricidade e Servicos 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.

Elektro - Eletricidade e Servicos's adjusted book value per share for the three months ended in Mar. 2024 was R$16.696. 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$14.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elektro - Eletricidade e Servicos's average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Elektro - Eletricidade e Servicos was 7.30% per year. The lowest was 5.60% per year. And the median was 7.20% per year.

As of today (2024-04-27), Elektro - Eletricidade e Servicos's current stock price is R$39.22. Elektro - Eletricidade e Servicos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$14.42. Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elektro - Eletricidade e Servicos was 3.36. The lowest was 1.21. And the median was 2.09.


Elektro - Eletricidade e Servicos Cyclically Adjusted Book per Share Historical Data

The historical data trend for Elektro - Eletricidade e Servicos'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.

Elektro - Eletricidade e Servicos Cyclically Adjusted Book per Share Chart

Elektro - Eletricidade e Servicos 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 12.76 15.23 12.24 16.46 17.41

Elektro - Eletricidade e Servicos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.74 16.98 16.95 17.41 14.42

Competitive Comparison of Elektro - Eletricidade e Servicos's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Elektro - Eletricidade e Servicos'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.


Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio falls into.



Elektro - Eletricidade e Servicos 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, Elektro - Eletricidade e Servicos's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.696/156.2729*156.2729
=16.696

Current CPI (Mar. 2024) = 156.2729.

Elektro - Eletricidade e Servicos Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.819 91.838 16.708
201409 9.772 92.602 16.491
201412 11.459 94.194 19.011
201503 12.064 97.799 19.277
201506 10.706 100.006 16.730
201509 10.197 101.392 15.716
201512 10.128 104.247 15.183
201603 10.466 106.979 15.289
201606 10.292 108.851 14.776
201609 10.065 109.986 14.301
201612 7.729 110.802 10.901
201703 10.770 111.869 15.045
201706 10.474 112.115 14.599
201709 10.066 112.777 13.948
201712 10.478 114.068 14.355
201803 8.249 114.868 11.222
201806 8.629 117.038 11.522
201809 9.114 117.881 12.082
201812 9.254 118.340 12.220
201903 12.464 120.124 16.215
201906 10.024 120.977 12.949
201909 13.491 121.292 17.382
201912 11.179 123.436 14.153
202003 11.906 124.092 14.994
202006 14.727 123.557 18.626
202009 13.063 125.095 16.319
202012 12.805 129.012 15.511
202103 13.863 131.660 16.455
202106 13.976 133.871 16.315
202109 14.941 137.913 16.930
202112 14.105 141.992 15.524
202203 15.401 146.537 16.424
202206 15.994 149.784 16.687
202209 15.695 147.800 16.595
202212 14.786 150.207 15.383
202303 16.273 153.352 16.583
202306 14.750 154.519 14.917
202309 14.069 155.464 14.142
202312 15.478 156.273 15.478
202403 16.696 156.273 16.696

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


Elektro - Eletricidade e Servicos  (BSP:EKTR4) 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.

Elektro - Eletricidade e Servicos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.22/14.42
=2.72

* 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 Elektro - Eletricidade e Servicos was 3.36. The lowest was 1.21. And the median was 2.09.


Be Aware

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


Elektro - Eletricidade e Servicos Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Elektro - Eletricidade e Servicos's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Elektro - Eletricidade e Servicos (BSP:EKTR4) Business Description

Traded in Other Exchanges
Address
Rua Ary Antenor de Souza 321, 1 Andar, Campinas, SP, BRA, 13053024
Elektro - Eletricidade e Servicos SA is a power distribution company. The company is principally engaged in the transmission, distribution and generation of electric energy for industrial, residential and rural consumption, among others.

Elektro - Eletricidade e Servicos (BSP:EKTR4) Headlines

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