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Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Cyclically Adjusted PB Ratio : 1.50 (As of Jun. 06, 2024)


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What is Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Cia de Transmissao de Energia Eletrica Paulista's current share price is R$33.00. Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$22.00. Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted PB Ratio for today is 1.50.

The historical rank and industry rank for Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:TRPL3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.74   Max: 2.12
Current: 1.54

During the past years, Cia de Transmissao de Energia Eletrica Paulista's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 1.12. And the median was 1.74.

BSP:TRPL3's Cyclically Adjusted PB Ratio is ranked worse than
59.49% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs BSP:TRPL3: 1.54

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.

Cia de Transmissao de Energia Eletrica Paulista's adjusted book value per share data for the three months ended in Mar. 2024 was R$27.344. 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$22.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista'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.

Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted PB Ratio Chart

Cia de Transmissao de Energia Eletrica Paulista 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 1.96 1.97 1.76 1.50 1.66

Cia de Transmissao de Energia Eletrica Paulista 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 1.39 1.57 1.49 1.66 1.50

Competitive Comparison of Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Cia de Transmissao de Energia Eletrica Paulista'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.


Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted PB Ratio falls into.



Cia de Transmissao de Energia Eletrica Paulista 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.

Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.00/22
=1.50

* 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.

Cia de Transmissao de Energia Eletrica Paulista's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cia de Transmissao de Energia Eletrica Paulista'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)
=27.344/159.3724*159.3724
=27.344

Current CPI (Mar. 2024) = 159.3724.

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.244 91.838 14.306
201409 8.207 92.602 14.125
201412 8.002 94.194 13.539
201503 8.133 97.799 13.253
201506 8.081 100.006 12.878
201509 8.503 101.392 13.365
201512 8.267 104.247 12.639
201603 8.413 106.979 12.533
201606 8.381 108.851 12.271
201609 15.259 109.986 22.111
201612 15.357 110.802 22.089
201703 15.754 111.869 22.444
201706 16.307 112.115 23.181
201709 16.990 112.777 24.010
201712 16.672 114.068 23.294
201803 17.031 114.868 23.629
201806 16.121 117.038 21.952
201809 17.171 117.881 23.215
201812 16.799 118.340 22.624
201903 17.336 120.124 23.000
201906 18.027 120.977 23.748
201909 18.136 121.292 23.830
201912 17.900 123.436 23.111
202003 18.546 124.092 23.819
202006 19.650 123.557 25.346
202009 20.233 125.095 25.777
202012 20.875 129.012 25.787
202103 20.197 131.660 24.448
202106 21.449 133.871 25.535
202109 22.072 137.913 25.506
202112 21.854 141.992 24.529
202203 22.609 146.537 24.589
202206 23.679 149.784 25.195
202209 24.395 147.800 26.305
202212 24.553 150.207 26.051
202303 25.680 153.352 26.688
202306 26.570 154.519 27.405
202309 27.284 155.464 27.970
202312 26.378 157.148 26.751
202403 27.344 159.372 27.344

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.


Cia de Transmissao de Energia Eletrica Paulista  (BSP:TRPL3) 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.


Cia de Transmissao de Energia Eletrica Paulista Cyclically Adjusted PB Ratio Related Terms

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Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Headlines

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