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EnBW Energie Baden-Wuerttemberg AG (LTS:0IHQ) Cyclically Adjusted PB Ratio : 3.76 (As of Jun. 01, 2024)


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What is EnBW Energie Baden-Wuerttemberg AG Cyclically Adjusted PB Ratio?

As of today (2024-06-01), EnBW Energie Baden-Wuerttemberg AG's current share price is €95.99808. EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €25.52. EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio for today is 3.76.

The historical rank and industry rank for EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0IHQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.96   Max: 6.17
Current: 3.5

During the past years, EnBW Energie Baden-Wuerttemberg AG's highest Cyclically Adjusted PB Ratio was 6.17. The lowest was 1.15. And the median was 2.96.

LTS:0IHQ's Cyclically Adjusted PB Ratio is ranked worse than
84.7% of 451 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs LTS:0IHQ: 3.50

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.

EnBW Energie Baden-Wuerttemberg AG's adjusted book value per share data for the three months ended in Mar. 2024 was €36.264. 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 €25.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EnBW Energie Baden-Wuerttemberg AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EnBW Energie Baden-Wuerttemberg AG'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.

EnBW Energie Baden-Wuerttemberg AG Cyclically Adjusted PB Ratio Chart

EnBW Energie Baden-Wuerttemberg AG 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 2.87 3.50 4.81 5.08 4.10

EnBW Energie Baden-Wuerttemberg AG 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 4.92 4.66 4.30 4.10 3.76

Competitive Comparison of EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg AG'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.


EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio falls into.



EnBW Energie Baden-Wuerttemberg AG 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.

EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=95.99808/25.52
=3.76

* 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.

EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, EnBW Energie Baden-Wuerttemberg AG'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)
=36.264/125.0381*125.0381
=36.264

Current CPI (Mar. 2024) = 125.0381.

EnBW Energie Baden-Wuerttemberg AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.135 99.543 16.499
201409 12.183 99.823 15.260
201412 12.701 99.543 15.954
201503 12.064 99.717 15.127
201506 15.616 100.417 19.445
201509 13.738 100.417 17.106
201512 12.068 99.717 15.132
201603 10.551 100.017 13.191
201606 7.277 100.717 9.034
201609 7.304 101.017 9.041
201612 4.865 101.217 6.010
201703 6.931 101.417 8.545
201706 11.941 102.117 14.621
201709 12.474 102.717 15.185
201712 13.097 102.617 15.959
201803 15.447 102.917 18.767
201806 15.560 104.017 18.705
201809 15.985 104.718 19.087
201812 14.686 104.217 17.620
201903 15.009 104.217 18.008
201906 13.106 105.718 15.501
201909 11.764 106.018 13.875
201912 14.573 105.818 17.220
202003 13.841 105.718 16.371
202006 14.534 106.618 17.045
202009 14.105 105.818 16.667
202012 14.427 105.518 17.096
202103 17.685 107.518 20.567
202106 15.417 108.486 17.769
202109 16.923 109.435 19.336
202112 17.158 110.384 19.436
202203 22.782 113.968 24.995
202206 25.057 115.760 27.065
202209 23.341 118.818 24.563
202212 33.092 119.345 34.671
202303 39.473 122.402 40.323
202306 39.799 123.140 40.412
202309 40.872 124.195 41.150
202312 34.368 123.773 34.719
202403 36.264 125.038 36.264

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.


EnBW Energie Baden-Wuerttemberg AG  (LTS:0IHQ) 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.


EnBW Energie Baden-Wuerttemberg AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of EnBW Energie Baden-Wuerttemberg AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


EnBW Energie Baden-Wuerttemberg AG (LTS:0IHQ) Business Description

Traded in Other Exchanges
Address
Durlacher Allee 93, Karlsruhe, BW, DEU, 76131
EnBW Energie Baden-Wuerttemberg AG is a German company which is active in the energy sector. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically it generates majority of revenue from Germany.

EnBW Energie Baden-Wuerttemberg AG (LTS:0IHQ) Headlines

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