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Iberdrola (Iberdrola) Cyclically Adjusted PB Ratio : 1.57 (As of Apr. 27, 2024)


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What is Iberdrola Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Iberdrola's current share price is $49.70. Iberdrola's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $31.66. Iberdrola's Cyclically Adjusted PB Ratio for today is 1.57.

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

IBDRY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.52   Max: 2.08
Current: 1.57

During the past years, Iberdrola's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.01. And the median was 1.52.

IBDRY's Cyclically Adjusted PB Ratio is ranked worse than
57.27% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs IBDRY: 1.57

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.

Iberdrola's adjusted book value per share data for the three months ended in Mar. 2024 was $36.849. 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 $31.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iberdrola Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iberdrola'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.

Iberdrola Cyclically Adjusted PB Ratio Chart

Iberdrola 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 1.53 1.95 1.62 1.58 1.64

Iberdrola 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 1.63 1.67 1.46 1.64 1.58

Competitive Comparison of Iberdrola's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Iberdrola'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.


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

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

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



Iberdrola 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.

Iberdrola's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.70/31.66
=1.57

* 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.

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

For example, Iberdrola'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)
=36.849/121.2698*121.2698
=36.849

Current CPI (Mar. 2024) = 121.2698.

Iberdrola Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.585 101.081 37.894
201409 29.480 100.441 35.593
201412 28.057 100.251 33.939
201503 25.867 99.474 31.535
201506 27.262 101.138 32.689
201509 27.039 99.559 32.935
201512 26.216 100.268 31.707
201603 26.341 98.638 32.385
201606 26.518 100.333 32.052
201609 25.836 99.737 31.414
201612 25.306 101.842 30.133
201703 25.417 100.896 30.549
201706 26.517 101.848 31.574
201709 28.051 101.524 33.507
201712 28.113 102.975 33.108
201803 29.269 102.122 34.757
201806 28.550 104.165 33.238
201809 27.059 103.818 31.608
201812 26.674 104.193 31.046
201903 28.885 103.488 33.848
201906 26.664 104.612 30.910
201909 27.508 103.905 32.105
201912 27.047 105.015 31.234
202003 28.346 103.469 33.223
202006 26.775 104.254 31.145
202009 27.524 103.521 32.243
202012 27.999 104.456 32.506
202103 28.158 104.857 32.565
202106 28.723 107.102 32.522
202109 34.047 107.669 38.348
202112 29.281 111.298 31.905
202203 35.515 115.153 37.402
202206 30.088 118.044 30.910
202209 34.834 117.221 36.037
202212 28.182 117.650 29.049
202303 34.882 118.948 35.563
202306 35.359 120.278 35.650
202309 35.551 121.343 35.530
202312 30.237 121.270 30.237
202403 36.849 121.270 36.849

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.


Iberdrola  (OTCPK:IBDRY) 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.


Iberdrola Cyclically Adjusted PB Ratio Related Terms

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


Iberdrola (Iberdrola) Business Description

Address
Plaza Euskadi Number 5, Biscay, Bilbao, ESP, 48009
Iberdrola is one of the largest utilities in the world with electric utility operations in nearly 40 countries. The company has a 54-gigawatt portfolio of hydro, wind, natural gas, and nuclear power plants. It is the largest owner of wind farms in the world, representing nearly 40% of its portfolio. Although the company has recently developed or acquired distribution and power generation assets in other geographic areas, Spain is still home to around 50% of its power generation capacity. Iberdrola also owns and operates electricity and distribution networks in Spain, the U.K., Brazil, and the U.S.

Iberdrola (Iberdrola) Headlines

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