GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) » Definitions » Shiller PE Ratio

Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Shiller PE Ratio : 8.91 (As of May. 23, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Companhia de Eletricidade do Estado da Bahia � Coelba Shiller PE Ratio?

As of today (2024-05-23), Companhia de Eletricidade do Estado da Bahia � Coelba's current share price is R$39.99. Companhia de Eletricidade do Estado da Bahia � Coelba's E10 for the quarter that ended in Mar. 2024 was R$4.49. Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio for today is 8.91.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio or its related term are showing as below:

BSP:CEEB3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.9   Med: 9.48   Max: 13.77
Current: 8.82

During the past years, Companhia de Eletricidade do Estado da Bahia � Coelba's highest Shiller PE Ratio was 13.77. The lowest was 4.90. And the median was 9.48.

BSP:CEEB3's Shiller PE Ratio is ranked better than
79.9% of 388 companies
in the Utilities - Regulated industry
Industry Median: 15.975 vs BSP:CEEB3: 8.82

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Companhia de Eletricidade do Estado da Bahia � Coelba's adjusted earnings per share data for the three months ended in Mar. 2024 was R$2.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$4.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia de Eletricidade do Estado da Bahia � Coelba Shiller PE Ratio Historical Data

The historical data trend for Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE 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.

Companhia de Eletricidade do Estado da Bahia � Coelba Shiller PE Ratio Chart

Companhia de Eletricidade do Estado da Bahia � Coelba Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.23 10.44 8.83 9.92 9.47

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 9.33 9.99 9.57 9.47 8.71

Competitive Comparison of Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio falls into.



Companhia de Eletricidade do Estado da Bahia � Coelba Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.99/4.49
=8.91

* 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.

Companhia de Eletricidade do Estado da Bahia � Coelba's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Companhia de Eletricidade do Estado da Bahia � Coelba's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2/159.3724*159.3724
=2.000

Current CPI (Mar. 2024) = 159.3724.

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.449 90.447 0.791
201406 0.098 91.838 0.170
201409 0.215 92.602 0.370
201412 1.551 94.194 2.624
201503 0.517 97.799 0.842
201506 0.653 100.006 1.041
201509 0.152 101.392 0.239
201512 0.620 104.247 0.948
201603 0.338 106.979 0.504
201606 0.523 108.851 0.766
201609 0.118 109.986 0.171
201612 0.431 110.802 0.620
201703 0.420 111.869 0.598
201706 0.330 112.115 0.469
201709 -0.083 112.777 -0.117
201712 0.318 114.068 0.444
201803 0.230 114.868 0.319
201806 0.730 117.038 0.994
201809 0.940 117.881 1.271
201812 0.770 118.340 1.037
201903 0.850 120.124 1.128
201906 1.090 120.977 1.436
201909 0.770 121.292 1.012
201912 1.140 123.436 1.472
202003 1.030 124.092 1.323
202006 0.650 123.557 0.838
202009 1.140 125.095 1.452
202103 1.250 131.660 1.513
202106 1.550 133.871 1.845
202109 1.780 137.913 2.057
202112 1.590 141.992 1.785
202203 1.920 146.537 2.088
202206 1.730 149.784 1.841
202209 0.744 147.800 0.802
202212 1.298 150.207 1.377
202303 2.110 153.352 2.193
202306 1.590 154.519 1.640
202309 1.030 155.464 1.056
202312 1.954 157.148 1.982
202403 2.000 159.372 2.000

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Companhia de Eletricidade do Estado da Bahia � Coelba  (BSP:CEEB3) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Companhia de Eletricidade do Estado da Bahia � Coelba Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Companhia de Eletricidade do Estado da Bahia � Coelba's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Business Description

Traded in Other Exchanges
Address
Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.

Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Headlines

No Headlines