GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Equatorial Para Distribuidora De Energia SA (BSP:EQPA3) » Definitions » Cyclically Adjusted Book per Share

Equatorial Para Distribuidora De Energia (BSP:EQPA3) Cyclically Adjusted Book per Share : R$1.52 (As of Dec. 2023)


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

What is Equatorial Para Distribuidora De Energia 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.

Equatorial Para Distribuidora De Energia's adjusted book value per share for the three months ended in Dec. 2023 was R$2.104. 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$1.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Equatorial Para Distribuidora De Energia's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Equatorial Para Distribuidora De Energia was 11.40% per year. The lowest was 11.40% per year. And the median was 11.40% per year.

As of today (2024-04-29), Equatorial Para Distribuidora De Energia's current stock price is R$8.16. Equatorial Para Distribuidora De Energia's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$1.52. Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio of today is 5.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Equatorial Para Distribuidora De Energia was 5.43. The lowest was 2.76. And the median was 4.33.


Equatorial Para Distribuidora De Energia Cyclically Adjusted Book per Share Historical Data

The historical data trend for Equatorial Para Distribuidora De Energia'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.

Equatorial Para Distribuidora De Energia Cyclically Adjusted Book per Share Chart

Equatorial Para Distribuidora De Energia 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 - 1.10 1.28 1.38 1.52

Equatorial Para Distribuidora De Energia 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 1.38 1.37 1.43 1.47 1.52

Competitive Comparison of Equatorial Para Distribuidora De Energia's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Equatorial Para Distribuidora De Energia'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.


Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio falls into.



Equatorial Para Distribuidora De Energia 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, Equatorial Para Distribuidora De Energia'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)
=2.104/156.2729*156.2729
=2.104

Current CPI (Dec. 2023) = 156.2729.

Equatorial Para Distribuidora De Energia Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.190 90.447 0.328
201406 0.088 91.838 0.150
201409 0.198 92.602 0.334
201412 0.382 94.194 0.634
201503 0.401 97.799 0.641
201506 0.950 100.006 1.484
201509 0.821 101.392 1.265
201512 0.835 104.247 1.252
201603 0.855 106.979 1.249
201606 0.896 108.851 1.286
201609 0.938 109.986 1.333
201612 0.959 110.802 1.353
201703 0.966 111.869 1.349
201706 0.976 112.115 1.360
201709 1.062 112.777 1.472
201712 1.169 114.068 1.602
201803 1.169 114.868 1.590
201806 1.189 117.038 1.588
201809 1.250 117.881 1.657
201812 1.361 118.340 1.797
201903 1.384 120.124 1.800
201906 1.406 120.977 1.816
201909 1.485 121.292 1.913
201912 1.495 123.436 1.893
202003 1.547 124.092 1.948
202006 1.519 123.557 1.921
202009 1.644 125.095 2.054
202012 1.527 129.012 1.850
202103 1.576 131.660 1.871
202106 1.868 133.871 2.181
202109 1.633 137.913 1.850
202112 1.521 141.992 1.674
202203 1.664 146.537 1.775
202206 1.802 149.784 1.880
202209 1.969 147.800 2.082
202212 1.308 150.207 1.361
202303 1.495 153.352 1.523
202306 1.726 154.519 1.746
202309 2.016 155.464 2.026
202312 2.104 156.273 2.104

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


Equatorial Para Distribuidora De Energia  (BSP:EQPA3) 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.

Equatorial Para Distribuidora De Energia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.16/1.52
=5.37

* 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 Equatorial Para Distribuidora De Energia was 5.43. The lowest was 2.76. And the median was 4.33.


Be Aware

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


Equatorial Para Distribuidora De Energia Cyclically Adjusted Book per Share Related Terms

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


Equatorial Para Distribuidora De Energia (BSP:EQPA3) Business Description

Traded in Other Exchanges
Address
Rodovia Augusto Montenegro Km 8.5, Coqueiro, BRA
Equatorial Para Distribuidora De Energia SA engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through thermal, nuclear, wind, and hydroelectric plants.

Equatorial Para Distribuidora De Energia (BSP:EQPA3) Headlines

No Headlines