GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Central Puerto SA (NYSE:CEPU) » Definitions » Cyclically Adjusted Book per Share

Central Puerto (Central Puerto) Cyclically Adjusted Book per Share : $0.80 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Central Puerto 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.

Central Puerto's adjusted book value per share for the three months ended in Dec. 2023 was $15.389. 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 $0.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Central Puerto's average Cyclically Adjusted Book Growth Rate was 90.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 80.10% 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 Central Puerto was 80.10% per year. The lowest was 80.10% per year. And the median was 80.10% per year.

As of today (2024-05-15), Central Puerto's current stock price is $10.12. Central Puerto's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.80. Central Puerto's Cyclically Adjusted PB Ratio of today is 12.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Central Puerto was 16.10. The lowest was 2.21. And the median was 4.01.


Central Puerto Cyclically Adjusted Book per Share Historical Data

The historical data trend for Central Puerto'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.

Central Puerto Cyclically Adjusted Book per Share Chart

Central Puerto 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 - 1.02 1.07 1.17 0.80

Central Puerto Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 1.17 1.18 1.08 0.80 0.80

Competitive Comparison of Central Puerto's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Central Puerto'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.


Central Puerto's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Central Puerto 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, Central Puerto'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)
=15.389/129.4194*129.4194
=15.389

Current CPI (Dec. 2023) = 129.4194.

Central Puerto Quarterly Data

Book Value per Share CPI Adj_Book
201312 5.595 98.326 7.364
201403 4.710 99.695 6.114
201406 5.223 100.560 6.722
201409 5.219 100.428 6.726
201412 2.528 99.070 3.302
201503 2.617 99.621 3.400
201506 2.558 100.684 3.288
201509 2.789 100.392 3.595
201512 2.210 99.792 2.866
201603 2.332 100.470 3.004
201606 2.701 101.688 3.438
201609 2.708 101.861 3.441
201612 2.156 101.863 2.739
201703 2.375 102.862 2.988
201706 2.477 103.349 3.102
201709 2.146 104.136 2.667
201712 5.726 104.011 7.125
201803 4.779 105.290 5.874
201806 4.666 106.317 5.680
201809 4.188 106.507 5.089
201812 8.747 105.998 10.680
201903 6.344 107.251 7.655
201906 6.249 108.070 7.484
201909 6.144 108.329 7.340
201912 8.779 108.420 10.479
202003 6.794 108.902 8.074
202006 6.544 108.767 7.787
202009 6.699 109.815 7.895
202012 10.398 109.897 12.245
202106 7.155 114.631 8.078
202109 7.756 115.734 8.673
202112 16.132 117.630 17.749
202203 0.000 121.301 0.000
202206 9.899 125.017 10.248
202209 0.000 125.227 0.000
202212 32.040 125.222 33.114
202303 10.634 127.348 10.807
202306 10.965 128.729 11.024
202309 10.282 129.860 10.247
202312 15.389 129.419 15.389

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


Central Puerto  (NYSE:CEPU) 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.

Central Puerto's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.12/0.8
=12.65

* 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 Central Puerto was 16.10. The lowest was 2.21. And the median was 4.01.


Be Aware

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


Central Puerto Cyclically Adjusted Book per Share Related Terms

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


Central Puerto (Central Puerto) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Thomas Edison 2701, Darsena E, Buenos Aires, ARG, C1104BAB
Central Puerto SA is a private sector power generation company. It is mainly engaged in electric power generation and commercialization. The company is also involved in the natural gas distribution public sector service in the Cuyo and Centro regions in Argentina. The Group has three reporting segments: production of electric power from conventional sources, production of electric power from renewable sources and natural gas transport and distribution. The company derives maximum revenue from Electric Power Generation from conventional sources segment.