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ENGIE Brasil Energia (BSP:EGIE3) Cyclically Adjusted PB Ratio : 3.87 (As of May. 16, 2024)


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What is ENGIE Brasil Energia Cyclically Adjusted PB Ratio?

As of today (2024-05-16), ENGIE Brasil Energia's current share price is R$43.96. ENGIE Brasil Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$11.35. ENGIE Brasil Energia's Cyclically Adjusted PB Ratio for today is 3.87.

The historical rank and industry rank for ENGIE Brasil Energia's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:EGIE3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.08   Med: 3.84   Max: 5.73
Current: 3.9

During the past years, ENGIE Brasil Energia's highest Cyclically Adjusted PB Ratio was 5.73. The lowest was 3.08. And the median was 3.84.

BSP:EGIE3's Cyclically Adjusted PB Ratio is ranked worse than
86.21% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.25 vs BSP:EGIE3: 3.90

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.

ENGIE Brasil Energia's adjusted book value per share data for the three months ended in Mar. 2024 was R$13.211. 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$11.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ENGIE Brasil Energia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ENGIE Brasil Energia'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.

ENGIE Brasil Energia Cyclically Adjusted PB Ratio Chart

ENGIE Brasil Energia 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 5.40 4.49 3.65 3.45 4.01

ENGIE Brasil Energia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.58 4.06 3.67 4.01 3.55

Competitive Comparison of ENGIE Brasil Energia's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, ENGIE Brasil 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.


ENGIE Brasil Energia's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ENGIE Brasil Energia's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ENGIE Brasil Energia's Cyclically Adjusted PB Ratio falls into.



ENGIE Brasil Energia 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.

ENGIE Brasil Energia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.96/11.35
=3.87

* 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.

ENGIE Brasil Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ENGIE Brasil Energia'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)
=13.211/159.3724*159.3724
=13.211

Current CPI (Mar. 2024) = 159.3724.

ENGIE Brasil Energia Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.449 91.838 11.191
201409 6.643 92.602 11.433
201412 6.926 94.194 11.719
201503 7.489 97.799 12.204
201506 7.498 100.006 11.949
201509 7.775 101.392 12.221
201512 8.138 104.247 12.441
201603 8.413 106.979 12.533
201606 8.391 108.851 12.286
201609 8.070 109.986 11.694
201612 8.103 110.802 11.655
201703 8.647 111.869 12.319
201706 8.760 112.115 12.452
201709 8.031 112.777 11.349
201712 8.372 114.068 11.697
201803 8.970 114.868 12.445
201806 8.926 117.038 12.155
201809 8.107 117.881 10.960
201812 7.741 118.340 10.425
201903 8.438 120.124 11.195
201906 8.814 120.977 11.611
201909 9.275 121.292 12.187
201912 8.573 123.436 11.069
202003 8.265 124.092 10.615
202006 9.107 123.557 11.747
202009 8.756 125.095 11.155
202012 9.486 129.012 11.718
202103 9.914 131.660 12.001
202106 10.009 133.871 11.916
202109 9.661 137.913 11.164
202112 9.718 141.992 10.907
202203 10.245 146.537 11.142
202206 9.711 149.784 10.333
202209 9.860 147.800 10.632
202212 10.340 150.207 10.971
202303 11.330 153.352 11.775
202306 10.224 154.519 10.545
202309 10.340 155.464 10.600
202312 10.862 157.148 11.016
202403 13.211 159.372 13.211

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.


ENGIE Brasil Energia  (BSP:EGIE3) 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.


ENGIE Brasil Energia Cyclically Adjusted PB Ratio Related Terms

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


ENGIE Brasil Energia (BSP:EGIE3) Business Description

Traded in Other Exchanges
Address
Rua Pascoal Apostle Pitsica, 5064, Agronomica, Florianopolis, SC, BRA, 88025-255
ENGIE Brasil Energia SA develops, operates, and commercializes electric energy power plants in Brazil. The company is engaged in five segments Transmission, Trading, Gas Transportation, Centralized Generation and Distributed Solar Generation. Majority of the revenue generated by the company is from Generation segment.

ENGIE Brasil Energia (BSP:EGIE3) Headlines

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