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Rede Energia Participacoes (BSP:REDE3) Cyclically Adjusted Book per Share : R$2.21 (As of Mar. 2024)


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What is Rede Energia Participacoes 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.

Rede Energia Participacoes's adjusted book value per share for the three months ended in Mar. 2024 was R$1.929. 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$2.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rede Energia Participacoes's average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Rede Energia Participacoes was 1.10% per year. The lowest was -4.50% per year. And the median was -1.70% per year.

As of today (2024-05-26), Rede Energia Participacoes's current stock price is R$6.86. Rede Energia Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$2.21. Rede Energia Participacoes's Cyclically Adjusted PB Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rede Energia Participacoes was 5.54. The lowest was 2.49. And the median was 3.39.


Rede Energia Participacoes Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rede Energia Participacoes'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.

Rede Energia Participacoes Cyclically Adjusted Book per Share Chart

Rede Energia Participacoes 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 2.27 2.12 1.90 1.98 2.19

Rede Energia Participacoes 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 2.01 2.02 2.05 2.19 2.21

Competitive Comparison of Rede Energia Participacoes's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Rede Energia Participacoes'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.


Rede Energia Participacoes's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Rede Energia Participacoes 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, Rede Energia Participacoes'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)
=1.929/159.3724*159.3724
=1.929

Current CPI (Mar. 2024) = 159.3724.

Rede Energia Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.889 91.838 6.749
201409 1.195 92.602 2.057
201412 1.099 94.194 1.859
201503 1.120 97.799 1.825
201506 1.253 100.006 1.997
201509 1.257 101.392 1.976
201512 1.315 104.247 2.010
201603 1.331 106.979 1.983
201606 1.277 108.851 1.870
201609 1.438 109.986 2.084
201612 1.410 110.802 2.028
201703 1.440 111.869 2.051
201706 1.444 112.115 2.053
201709 1.462 112.777 2.066
201712 1.447 114.068 2.022
201803 1.504 114.868 2.087
201806 1.540 117.038 2.097
201809 1.615 117.881 2.183
201812 1.578 118.340 2.125
201903 1.967 120.124 2.610
201906 1.702 120.977 2.242
201909 1.711 121.292 2.248
201912 1.692 123.436 2.185
202003 1.706 124.092 2.191
202006 1.754 123.557 2.262
202009 1.838 125.095 2.342
202012 1.925 129.012 2.378
202103 1.855 131.660 2.245
202106 1.741 133.871 2.073
202109 1.757 137.913 2.030
202112 1.626 141.992 1.825
202203 1.984 146.537 2.158
202206 2.008 149.784 2.137
202209 1.991 147.800 2.147
202212 1.825 150.207 1.936
202303 1.760 153.352 1.829
202306 1.798 154.519 1.854
202309 2.768 155.464 2.838
202312 1.906 157.148 1.933
202403 1.929 159.372 1.929

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


Rede Energia Participacoes  (BSP:REDE3) 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.

Rede Energia Participacoes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.86/2.21
=3.10

* 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 Rede Energia Participacoes was 5.54. The lowest was 2.49. And the median was 3.39.


Be Aware

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


Rede Energia Participacoes Cyclically Adjusted Book per Share Related Terms

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


Rede Energia Participacoes (BSP:REDE3) Business Description

Traded in Other Exchanges
N/A
Address
Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901
Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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