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EDP - Energias de Portugal (EDP - Energias de Portugal) Cyclically Adjusted PB Ratio : 1.28 (As of Apr. 27, 2024)


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What is EDP - Energias de Portugal Cyclically Adjusted PB Ratio?

As of today (2024-04-27), EDP - Energias de Portugal's current share price is $38.0296. EDP - Energias de Portugal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $29.81. EDP - Energias de Portugal's Cyclically Adjusted PB Ratio for today is 1.28.

The historical rank and industry rank for EDP - Energias de Portugal's Cyclically Adjusted PB Ratio or its related term are showing as below:

EDPFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.55   Max: 2.36
Current: 1.3

During the past years, EDP - Energias de Portugal's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 1.16. And the median was 1.55.

EDPFY's Cyclically Adjusted PB Ratio is ranked better than
54.09% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs EDPFY: 1.30

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.

EDP - Energias de Portugal's adjusted book value per share data for the three months ended in Dec. 2023 was $30.273. 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 $29.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


EDP - Energias de Portugal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EDP - Energias de Portugal'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.

EDP - Energias de Portugal Cyclically Adjusted PB Ratio Chart

EDP - Energias de Portugal 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 1.58 2.17 1.97 1.76 1.70

EDP - Energias de Portugal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.76 1.88 1.67 1.45 1.70

Competitive Comparison of EDP - Energias de Portugal's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, EDP - Energias de Portugal'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.


EDP - Energias de Portugal's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EDP - Energias de Portugal's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EDP - Energias de Portugal's Cyclically Adjusted PB Ratio falls into.



EDP - Energias de Portugal 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.

EDP - Energias de Portugal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.0296/29.81
=1.28

* 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.

EDP - Energias de Portugal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, EDP - Energias de Portugal'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)
=30.273/118.0324*118.0324
=30.273

Current CPI (Dec. 2023) = 118.0324.

EDP - Energias de Portugal Quarterly Data

Book Value per Share CPI Adj_Book
201403 32.774 99.788 38.766
201406 30.783 99.967 36.346
201409 29.608 99.617 35.081
201412 28.797 99.723 34.084
201503 26.181 100.097 30.872
201506 26.043 100.769 30.505
201509 25.732 100.489 30.224
201512 25.392 100.119 29.935
201603 26.797 100.547 31.457
201606 26.321 101.319 30.663
201609 27.059 101.122 31.584
201612 26.682 100.998 31.182
201703 27.678 101.924 32.052
201706 27.592 102.240 31.854
201709 31.401 102.527 36.150
201712 30.377 102.479 34.988
201803 31.808 102.626 36.583
201806 28.126 103.790 31.985
201809 27.177 103.960 30.856
201812 27.434 103.159 31.389
201903 27.907 103.495 31.827
201906 26.757 104.192 30.311
201909 26.340 103.844 29.939
201912 26.462 103.592 30.151
202003 25.721 103.544 29.320
202006 22.563 104.323 25.528
202009 27.071 103.699 30.813
202012 29.542 103.354 33.737
202103 29.515 104.014 33.493
202106 29.953 104.852 33.718
202109 27.257 105.232 30.572
202112 26.692 106.191 29.669
202203 25.451 109.559 27.419
202206 20.616 114.003 21.345
202209 17.227 114.999 17.681
202212 23.842 116.377 24.181
202303 28.424 117.701 28.504
202306 27.819 117.872 27.857
202309 29.347 119.111 29.081
202312 30.273 118.032 30.273

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.


EDP - Energias de Portugal  (OTCPK:EDPFY) 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.


EDP - Energias de Portugal Cyclically Adjusted PB Ratio Related Terms

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EDP - Energias de Portugal (EDP - Energias de Portugal) Business Description

Traded in Other Exchanges
Address
Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the U.S. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil that it aims to delist by end-2023.

EDP - Energias de Portugal (EDP - Energias de Portugal) Headlines

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