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Energisa (BSP:ENGI11) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Energisa Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energisa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Energisa'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.

Energisa Cyclically Adjusted PB Ratio Chart

Energisa 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 5.87 6.43 4.36 3.94 4.60

Energisa 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 3.41 3.81 3.82 4.60 3.85

Competitive Comparison of Energisa's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Energisa'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.


Energisa's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Energisa 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.

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

For example, Energisa'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)
=8.814/156.2729*156.2729
=8.814

Current CPI (Mar. 2024) = 156.2729.

Energisa Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.504 91.838 2.559
201409 1.459 92.602 2.462
201412 1.537 94.194 2.550
201503 1.756 97.799 2.806
201506 2.558 100.006 3.997
201509 1.487 101.392 2.292
201512 1.682 104.247 2.521
201603 1.691 106.979 2.470
201606 1.670 108.851 2.398
201609 2.125 109.986 3.019
201612 2.128 110.802 3.001
201703 2.149 111.869 3.002
201706 2.180 112.115 3.039
201709 2.182 112.777 3.024
201712 2.222 114.068 3.044
201803 2.300 114.868 3.129
201806 2.362 117.038 3.154
201809 2.445 117.881 3.241
201812 3.115 118.340 4.113
201903 3.256 120.124 4.236
201906 3.237 120.977 4.181
201909 3.173 121.292 4.088
201912 3.294 123.436 4.170
202003 3.624 124.092 4.564
202006 3.539 123.557 4.476
202009 3.962 125.095 4.949
202012 3.844 129.012 4.656
202103 4.312 131.660 5.118
202106 4.735 133.871 5.527
202109 5.057 137.913 5.730
202112 4.646 141.992 5.113
202203 5.154 146.537 5.496
202206 5.659 149.784 5.904
202209 6.743 147.800 7.130
202212 6.371 150.207 6.628
202303 6.561 153.352 6.686
202306 6.843 154.519 6.921
202309 6.963 155.464 6.999
202312 6.878 156.273 6.878
202403 8.814 156.273 8.814

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.


Energisa  (BSP:ENGI11) 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.


Energisa Cyclically Adjusted PB Ratio Related Terms

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


Energisa (BSP:ENGI11) Business Description

Traded in Other Exchanges
Address
Praca Rui Barbosa, 80, Centro, Cataguases, MG, BRA, 36770-901
Energisa SA is a holding company. Energisa along with its subsidiaries is engaged in the production of energy from renewable sources and; the transmission and distribution of electricity. The company segments include Distribution, Generation, Transmission, Sales and Services and Trading. It generates maximum revenue from the Distribution segment. The company distributes its electricity to residential, industrial, commercial, rural, Government, Public lighting, Public utility and other class areas in Brazil.

Energisa (BSP:ENGI11) Headlines

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