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Equatorial Energia (BSP:EQTL3) Cyclically Adjusted PB Ratio : 3.04 (As of Jun. 02, 2024)


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What is Equatorial Energia Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Equatorial Energia's current share price is R$29.23. Equatorial Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$9.61. Equatorial Energia's Cyclically Adjusted PB Ratio for today is 3.04.

The historical rank and industry rank for Equatorial Energia's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:EQTL3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.04   Med: 3.93   Max: 6.22
Current: 3.04

During the past years, Equatorial Energia's highest Cyclically Adjusted PB Ratio was 6.22. The lowest was 3.04. And the median was 3.93.

BSP:EQTL3's Cyclically Adjusted PB Ratio is ranked worse than
81.82% of 451 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs BSP:EQTL3: 3.04

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.

Equatorial Energia's adjusted book value per share data for the three months ended in Mar. 2024 was R$17.997. 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$9.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equatorial Energia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Equatorial Energia's Cyclically Adjusted PB Ratio 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.

Equatorial Energia Cyclically Adjusted PB Ratio Chart

Equatorial Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 4.59 3.51 3.43 3.77

Equatorial Energia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 3.27 3.73 3.56 3.77 3.27

Competitive Comparison of Equatorial Energia's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Equatorial Energia'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.


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

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

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



Equatorial Energia Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Equatorial Energia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.23/9.61
=3.04

* 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.

Equatorial Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Equatorial Energia'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)
=17.997/159.3724*159.3724
=17.997

Current CPI (Mar. 2024) = 159.3724.

Equatorial Energia Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.120 91.838 3.679
201409 2.401 92.602 4.132
201412 2.755 94.194 4.661
201503 2.848 97.799 4.641
201506 3.341 100.006 5.324
201509 3.413 101.392 5.365
201512 3.377 104.247 5.163
201603 3.515 106.979 5.236
201606 3.691 108.851 5.404
201609 3.876 109.986 5.616
201612 3.904 110.802 5.615
201703 3.954 111.869 5.633
201706 4.080 112.115 5.800
201709 4.381 112.777 6.191
201712 4.642 114.068 6.486
201803 4.705 114.868 6.528
201806 4.824 117.038 6.569
201809 5.064 117.881 6.846
201812 5.427 118.340 7.309
201903 5.478 120.124 7.268
201906 5.814 120.977 7.659
201909 6.336 121.292 8.325
201912 7.738 123.436 9.991
202003 8.179 124.092 10.504
202006 8.570 123.557 11.054
202009 9.269 125.095 11.809
202012 9.992 129.012 12.343
202103 9.990 131.660 12.093
202106 10.372 133.871 12.348
202109 11.723 137.913 13.547
202112 12.524 141.992 14.057
202203 14.089 146.537 15.323
202206 13.843 149.784 14.729
202209 14.266 147.800 15.383
202212 14.556 150.207 15.444
202303 15.549 153.352 16.159
202306 16.285 154.519 16.797
202309 16.908 155.464 17.333
202312 17.743 157.148 17.994
202403 17.997 159.372 17.997

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


Equatorial Energia  (BSP:EQTL3) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Equatorial Energia Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Equatorial Energia's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Equatorial Energia (BSP:EQTL3) Business Description

Traded in Other Exchanges
Address
Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680
Equatorial Energia SA is primarily a holding company engaged in the ownership of other firms in the electric energy generation and distribution industries in Brazil. Collectively, Equatorial Energia's main subsidiaries are involved in electric energy distribution, telecommunications, data transmission, electric energy generation, and the operation and implementation of thermoelectric power plants in the country. The company's operating segments are Distribution, Transmission, Services, Trading, Central Administration, and Others. Revenue from the provision of construction services is significant for Equatorial Energia SA.

Equatorial Energia (BSP:EQTL3) Headlines

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