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Duke Energy (LTS:0ID1) Cyclically Adjusted PB Ratio : 1.44 (As of Jun. 06, 2024)


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What is Duke Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Duke Energy's current share price is $103.36. Duke Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $71.82. Duke Energy's Cyclically Adjusted PB Ratio for today is 1.44.

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

LTS:0ID1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.38   Max: 1.68
Current: 1.44

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

LTS:0ID1's Cyclically Adjusted PB Ratio is ranked worse than
51.98% of 454 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs LTS:0ID1: 1.44

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 adjusted book value per share data for the three months ended in Mar. 2024 was $61.644. 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 $71.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Duke Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Duke Energy'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.

Duke Energy Cyclically Adjusted PB Ratio Chart

Duke Energy 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 1.49 1.47 1.58 1.47 1.37

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 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 1.36 1.26 1.23 1.37 1.35

Competitive Comparison of Duke Energy's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.36/71.82
=1.44

* 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.

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

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)
=61.644/131.7762*131.7762
=61.644

Current CPI (Mar. 2024) = 131.7762.

Duke Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 57.713 100.560 75.629
201409 58.574 100.428 76.858
201412 57.815 99.070 76.902
201503 57.982 99.621 76.697
201506 57.529 100.684 75.295
201509 57.895 100.392 75.994
201512 57.743 99.792 76.250
201603 57.907 100.470 75.950
201606 57.908 101.688 75.042
201609 58.770 101.861 76.030
201612 58.619 101.863 75.833
201703 58.837 102.862 75.376
201706 58.981 103.349 75.204
201709 59.475 104.136 75.261
201712 59.627 104.011 75.544
201803 59.617 105.290 74.614
201806 59.701 106.317 73.997
201809 60.302 106.507 74.609
201812 60.271 105.998 74.929
201903 60.516 107.251 74.355
201906 60.769 108.070 74.100
201909 61.042 108.329 74.254
201912 61.201 108.420 74.385
202003 61.169 108.902 74.018
202006 59.214 108.767 71.740
202009 59.842 109.815 71.809
202012 59.821 109.897 71.731
202103 60.092 111.754 70.858
202106 60.039 114.631 69.019
202109 61.567 115.734 70.101
202112 61.553 117.630 68.956
202203 61.668 121.301 66.993
202206 62.023 125.017 65.376
202209 62.835 125.227 66.121
202212 61.506 125.222 64.725
202303 61.346 127.348 63.479
202306 60.144 128.729 61.568
202309 61.096 129.860 61.998
202312 61.177 129.419 62.291
202403 61.644 131.776 61.644

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.


Duke Energy  (LTS:0ID1) 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.


Duke Energy Cyclically Adjusted PB Ratio Related Terms

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


Duke Energy (LTS:0ID1) Business Description

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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