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E.ON SE (BUD:EON) Cyclically Adjusted Book per Share : Ft2,465.75 (As of Dec. 2023)


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What is E.ON SE 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.

E.ON SE's adjusted book value per share for the three months ended in Dec. 2023 was Ft2,086.611. 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 Ft2,465.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, E.ON SE's average Cyclically Adjusted Book Growth Rate was -18.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -14.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -12.20% 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 E.ON SE was 6.00% per year. The lowest was -14.90% per year. And the median was -7.30% per year.

As of today (2024-05-26), E.ON SE's current stock price is Ft4754.00. E.ON SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was Ft2,465.75. E.ON SE's Cyclically Adjusted PB Ratio of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of E.ON SE was 2.05. The lowest was 0.31. And the median was 0.63.


E.ON SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for E.ON SE'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.

E.ON SE Cyclically Adjusted Book per Share Chart

E.ON SE 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 - - - - 2,465.75

E.ON SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 2,465.75

Competitive Comparison of E.ON SE's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, E.ON SE'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.


E.ON SE's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



E.ON SE 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, E.ON SE'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)
=2086.611/123.7729*123.7729
=2,086.611

Current CPI (Dec. 2023) = 123.7729.

E.ON SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 8,603.124 99.543 10,697.265
201406 8,132.222 99.543 10,111.738
201409 7,248.935 99.823 8,988.171
201412 5,553.328 99.543 6,905.099
201503 5,070.860 99.717 6,294.188
201506 5,385.369 100.417 6,637.967
201509 3,625.593 100.417 4,468.880
201512 3,245.466 99.717 4,028.424
201603 3,151.548 100.017 3,900.111
201606 1,994.198 100.717 2,450.710
201609 88.129 101.017 107.982
201612 -201.815 101.217 -246.789
201703 190.173 101.417 232.094
201706 688.015 102.117 833.922
201709 703.939 102.717 848.238
201712 774.731 102.617 934.451
201803 900.684 102.917 1,083.203
201806 1,089.047 104.017 1,295.885
201809 1,116.371 104.718 1,319.517
201812 1,070.215 104.217 1,271.032
201903 1,025.556 104.217 1,217.993
201906 738.423 105.718 864.537
201909 1,178.311 106.018 1,375.647
201912 1,369.540 105.818 1,601.926
202003 959.398 105.718 1,123.252
202006 721.014 106.618 837.027
202009 694.795 105.818 812.689
202012 813.597 105.518 954.355
202103 1,308.616 107.518 1,506.458
202106 1,514.655 108.486 1,728.090
202109 1,718.809 109.435 1,944.008
202112 1,848.227 110.384 2,072.415
202203 2,137.988 113.968 2,321.921
202206 2,506.139 115.760 2,679.605
202209 2,562.707 118.818 2,669.580
202212 2,287.845 119.345 2,372.730
202303 2,302.901 122.402 2,328.686
202306 2,242.322 123.140 2,253.839
202309 2,285.432 124.195 2,277.672
202312 2,086.611 123.773 2,086.611

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


E.ON SE  (BUD:EON) 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.

E.ON SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4754.00/2465.75
=1.93

* 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 E.ON SE was 2.05. The lowest was 0.31. And the median was 0.63.


Be Aware

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


E.ON SE Cyclically Adjusted Book per Share Related Terms

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


E.ON SE (BUD:EON) Business Description

Industry
Address
Brusseler Platz 1, Essen, NW, DEU, 45131
Since completing the transformative deal with RWE in 2019, E.On has two core businesses: energy networks and retail supply. Its pro forma retail supply serves around 48 million customers primarily in Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. Its pro forma networks business operates in Germany, Sweden, Eastern Europe, and Turkey.

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