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Empresa Electrica de Magallanes (XSGO:EDELMAG) Cyclically Adjusted Book per Share : CLP4,538.23 (As of Dec. 2023)


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What is Empresa Electrica de Magallanes 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.

Empresa Electrica de Magallanes's adjusted book value per share for the three months ended in Dec. 2023 was CLP3,047.278. 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 CLP4,538.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Empresa Electrica de Magallanes's average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Empresa Electrica de Magallanes was 6.90% per year. The lowest was 6.90% per year. And the median was 6.90% per year.

As of today (2024-05-15), Empresa Electrica de Magallanes's current stock price is CLP5100.00. Empresa Electrica de Magallanes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CLP4,538.23. Empresa Electrica de Magallanes's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empresa Electrica de Magallanes was 1.67. The lowest was 1.10. And the median was 1.36.


Empresa Electrica de Magallanes Cyclically Adjusted Book per Share Historical Data

The historical data trend for Empresa Electrica de Magallanes'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.

Empresa Electrica de Magallanes Cyclically Adjusted Book per Share Chart

Empresa Electrica de Magallanes 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 - 3,717.27 4,021.49 4,496.89 4,538.23

Empresa Electrica de Magallanes 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 4,496.89 4,544.08 4,524.87 4,545.98 4,538.23

Competitive Comparison of Empresa Electrica de Magallanes's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Empresa Electrica de Magallanes'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.


Empresa Electrica de Magallanes's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Electrica de Magallanes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Empresa Electrica de Magallanes's Cyclically Adjusted PB Ratio falls into.



Empresa Electrica de Magallanes 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, Empresa Electrica de Magallanes'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)
=3047.278/146.1089*146.1089
=3,047.278

Current CPI (Dec. 2023) = 146.1089.

Empresa Electrica de Magallanes Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,938.887 94.584 4,539.854
201406 2,882.653 95.543 4,408.299
201409 2,703.068 96.883 4,076.487
201412 3,105.441 97.515 4,652.956
201503 3,199.125 98.539 4,743.504
201506 3,169.086 99.770 4,640.977
201509 3,202.683 101.383 4,615.581
201512 3,231.049 101.775 4,638.512
201603 3,344.642 102.930 4,747.712
201606 3,267.759 103.965 4,592.394
201609 3,272.399 104.521 4,574.468
201612 3,744.911 104.532 5,234.444
201703 3,833.388 105.752 5,296.284
201706 3,810.020 105.730 5,265.084
201709 3,798.766 106.035 5,234.427
201712 3,779.397 106.907 5,165.275
201803 3,840.666 107.670 5,211.833
201806 3,827.724 108.421 5,158.253
201809 3,825.991 109.369 5,111.232
201812 3,809.799 109.653 5,076.451
201903 3,890.661 110.339 5,151.947
201906 3,875.779 111.352 5,085.538
201909 3,826.923 111.821 5,000.394
201912 2,599.424 112.943 3,362.749
202003 4,058.883 114.468 5,180.814
202006 4,148.940 114.283 5,304.346
202009 4,096.212 115.275 5,191.890
202012 2,707.175 116.299 3,401.087
202103 4,406.636 117.770 5,467.015
202106 4,281.345 118.630 5,273.038
202109 4,304.721 121.431 5,179.568
202112 2,938.328 124.634 3,444.616
202203 0.000 128.850 0.000
202206 2,873.280 133.448 3,145.876
202209 0.000 138.101 0.000
202212 2,926.689 140.574 3,041.923
202303 2,985.533 143.145 3,047.342
202306 2,998.579 143.538 3,052.295
202309 3,071.023 145.172 3,090.845
202312 3,047.278 146.109 3,047.278

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


Empresa Electrica de Magallanes  (XSGO:EDELMAG) 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.

Empresa Electrica de Magallanes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5100.00/4538.23
=1.12

* 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 Empresa Electrica de Magallanes was 1.67. The lowest was 1.10. And the median was 1.36.


Be Aware

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


Empresa Electrica de Magallanes Cyclically Adjusted Book per Share Related Terms

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


Empresa Electrica de Magallanes (XSGO:EDELMAG) Business Description

Traded in Other Exchanges
N/A
Address
Croacia Numero 444, Punta Arenas, CHL, 621-2667
Empresa Electrica de Magallanes SA is a Chile based firm. It is engaged in the generation, transmission, distribution and supply of electricity. The Company operates in the XII Region, with the provision of its services to the Magellan land and Chilean Antarctic, serving the communities of Punta Arenas.

Empresa Electrica de Magallanes (XSGO:EDELMAG) Headlines

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