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Duke Energy (STU:D2MN) Cyclically Adjusted Book per Share : €66.53 (As of Mar. 2024)


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What is Duke Energy 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.

Duke Energy's adjusted book value per share for the three months ended in Mar. 2024 was €56.712. 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 €66.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Duke Energy's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.30% 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 Duke Energy was 5.00% per year. The lowest was -0.10% per year. And the median was 2.30% per year.

As of today (2024-06-06), Duke Energy's current stock price is €96.14. Duke Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €66.53. Duke Energy's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Duke Energy was 1.68. The lowest was 1.11. And the median was 1.38.


Duke Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Duke Energy'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.

Duke Energy Cyclically Adjusted Book per Share Chart

Duke Energy 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 54.48 49.74 58.62 65.93 63.69

Duke Energy 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 65.30 64.57 67.90 63.69 66.53

Competitive Comparison of Duke Energy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Duke Energy'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.


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

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

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



Duke Energy 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, Duke Energy'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)
=56.712/131.7762*131.7762
=56.712

Current CPI (Mar. 2024) = 131.7762.

Duke Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.477 100.560 55.663
201409 45.454 100.428 59.642
201412 46.888 99.070 62.367
201503 53.575 99.621 70.868
201506 51.258 100.684 67.087
201509 51.585 100.392 67.712
201512 53.008 99.792 69.997
201603 52.001 100.470 68.204
201606 51.538 101.688 66.787
201609 52.364 101.861 67.743
201612 55.570 101.863 71.889
201703 55.012 102.862 70.476
201706 52.493 103.349 66.932
201709 49.899 104.136 63.144
201712 50.385 104.011 63.835
201803 48.349 105.290 60.512
201806 51.104 106.317 63.342
201809 51.678 106.507 63.939
201812 52.978 105.998 65.862
201903 53.557 107.251 65.804
201906 53.781 108.070 65.579
201909 55.426 108.329 67.422
201912 55.080 108.420 66.945
202003 55.358 108.902 66.986
202006 52.582 108.767 63.705
202009 50.806 109.815 60.966
202012 49.172 109.897 58.962
202103 50.478 111.754 59.522
202106 49.832 114.631 57.285
202109 52.332 115.734 59.586
202112 54.474 117.630 61.025
202203 55.994 121.301 60.829
202206 58.674 125.017 61.846
202209 63.463 125.227 66.782
202212 58.062 125.222 61.101
202303 57.297 127.348 59.289
202306 55.513 128.729 56.827
202309 57.247 129.860 58.092
202312 56.099 129.419 57.121
202403 56.712 131.776 56.712

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


Duke Energy  (STU:D2MN) 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.

Duke Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.14/66.53
=1.45

* 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 Duke Energy was 1.68. The lowest was 1.11. And the median was 1.38.


Be Aware

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


Duke Energy Cyclically Adjusted Book per Share Related Terms

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


Duke Energy (STU:D2MN) Business Description

Industry
Traded in Other Exchanges
Address
550 South Tryon Street, Charlotte, NC, USA, 28202-1803
Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.

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