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Energisa (BSP:ENGI3) Cyclically Adjusted Book per Share : R$4.06 (As of Mar. 2024)


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What is Energisa Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Energisa's adjusted book value per share for the three months ended in Mar. 2024 was R$6.671. 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 R$4.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Energisa's average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Energisa was 15.40% per year. The lowest was 13.80% per year. And the median was 15.40% per year.

As of today (2024-05-28), Energisa's current stock price is R$15.24. Energisa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$4.06. Energisa's Cyclically Adjusted PB Ratio of today is 3.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Energisa was 7.47. The lowest was 3.31. And the median was 4.90.


Energisa Cyclically Adjusted Book per Share Historical Data

The historical data trend for Energisa's Cyclically Adjusted Book per Share 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 Book per Share Chart

Energisa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.54 3.01 3.43 3.90

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 Book per Share 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 3.57 3.68 3.78 3.90 4.06

Competitive Comparison of Energisa's Cyclically Adjusted Book per Share

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 Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=6.671/159.3724*159.3724
=6.671

Current CPI (Mar. 2024) = 159.3724.

Energisa Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.464 91.838 2.541
201409 1.420 92.602 2.444
201412 1.495 94.194 2.529
201503 1.709 97.799 2.785
201506 2.489 100.006 3.967
201509 1.447 101.392 2.274
201512 1.637 104.247 2.503
201603 1.645 106.979 2.451
201606 1.624 108.851 2.378
201609 2.075 109.986 3.007
201612 2.079 110.802 2.990
201703 2.099 111.869 2.990
201706 2.129 112.115 3.026
201709 2.130 112.777 3.010
201712 2.170 114.068 3.032
201803 2.247 114.868 3.118
201806 2.306 117.038 3.140
201809 2.387 117.881 3.227
201812 2.921 118.340 3.934
201903 3.053 120.124 4.051
201906 3.035 120.977 3.998
201909 2.975 121.292 3.909
201912 3.089 123.436 3.988
202003 3.398 124.092 4.364
202006 3.319 123.557 4.281
202009 3.716 125.095 4.734
202012 3.604 129.012 4.452
202103 4.044 131.660 4.895
202106 4.440 133.871 5.286
202109 4.755 137.913 5.495
202112 4.368 141.992 4.903
202203 4.845 146.537 5.269
202206 5.319 149.784 5.660
202209 5.643 147.800 6.085
202212 5.331 150.207 5.656
202303 5.491 153.352 5.707
202306 5.727 154.519 5.907
202309 5.827 155.464 5.974
202312 5.756 157.148 5.837
202403 6.671 159.372 6.671

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Energisa  (BSP:ENGI3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Energisa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.24/4.06
=3.75

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Energisa was 7.47. The lowest was 3.31. And the median was 4.90.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Energisa Cyclically Adjusted Book per Share Related Terms

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


Energisa (BSP:ENGI3) 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.

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