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Endesa (XMAD:ELE) Cyclically Adjusted PB Ratio : 1.73 (As of Apr. 27, 2024)


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What is Endesa Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Endesa's current share price is €17.055. Endesa's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €9.83. Endesa's Cyclically Adjusted PB Ratio for today is 1.73.

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

XMAD:ELE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.57   Max: 2.01
Current: 1.74

During the past years, Endesa's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 1.14. And the median was 1.57.

XMAD:ELE's Cyclically Adjusted PB Ratio is ranked worse than
62.5% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs XMAD:ELE: 1.74

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.

Endesa's adjusted book value per share data for the three months ended in Dec. 2023 was €6.629. 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 €9.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Endesa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Endesa'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.

Endesa Cyclically Adjusted PB Ratio Chart

Endesa 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 1.64 1.65 1.58 1.56 1.88

Endesa 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 1.56 1.82 1.85 1.88 1.88

Competitive Comparison of Endesa's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Endesa'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.


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

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

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



Endesa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.055/9.83
=1.73

* 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.

Endesa's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Endesa'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)
=6.629/121.2698*121.2698
=6.629

Current CPI (Dec. 2023) = 121.2698.

Endesa Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.583 100.139 23.715
201406 19.982 101.081 23.973
201409 20.229 100.441 24.424
201412 8.100 100.251 9.798
201503 8.509 99.474 10.373
201506 8.520 101.138 10.216
201509 8.822 99.559 10.746
201512 8.535 100.268 10.323
201603 8.857 98.638 10.889
201606 8.701 100.333 10.517
201609 9.210 99.737 11.198
201612 8.455 101.842 10.068
201703 8.688 100.896 10.442
201706 8.400 101.848 10.002
201709 8.809 101.524 10.522
201712 8.591 102.975 10.117
201803 8.954 102.122 10.633
201806 8.685 104.165 10.111
201809 9.041 103.818 10.561
201812 8.536 104.193 9.935
201903 9.002 103.488 10.549
201906 8.452 104.612 9.798
201909 7.873 103.905 9.189
201912 7.261 105.015 8.385
202003 8.114 103.469 9.510
202006 7.645 104.254 8.893
202009 7.915 103.521 9.272
202012 6.910 104.456 8.022
202103 7.513 104.857 8.689
202106 6.492 107.102 7.351
202109 6.474 107.669 7.292
202112 5.082 111.298 5.537
202203 4.508 115.153 4.747
202206 3.888 118.044 3.994
202209 1.656 117.221 1.713
202212 5.249 117.650 5.410
202303 6.707 118.948 6.838
202306 5.887 120.278 5.936
202309 6.854 121.343 6.850
202312 6.629 121.270 6.629

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.


Endesa  (XMAD:ELE) 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.


Endesa Cyclically Adjusted PB Ratio Related Terms

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


Endesa (XMAD:ELE) Business Description

Industry
Traded in Other Exchanges
Address
Ribera del Loira 60, Madrid, ESP, 28042
Endesa generates, distributes, and supplies electricity in Spain and Portugal. The company has 22 gigawatts of installed generation capacity split among hydroelectric, nuclear, coal, natural gas, oil, solar, and wind. Endesa also supplies gas to retail and business customers in Spain and France.

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