Electricite de France (XSWX:EDF) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Electricite de France Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation

Electricite de France Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electricite de France'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.

Electricite de France Cyclically Adjusted PB Ratio Chart

Electricite de France Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

0.86

0.62

0.81

0.64

0.76

Electricite de France Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.81	-	0.64	-	0.76

Competitive Comparison of Electricite de France's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Electricite de France'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.

Electricite de France's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Electricite de France's Cyclically Adjusted PB Ratio falls into.

Electricite de France 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.

Electricite de France's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Electricite de France's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec22 (Change)	*	Current CPI (Dec22)
	=	11.272	/	114.1600	*	114.1600
	=	11.272

Current CPI (Dec22) = 114.1600.

Electricite de France Annual Data

	Book Value per Share	CPI	Adj_Book
201312	22.526	99.800	25.767
201412	22.809	99.860	26.075
201512	19.641	100.040	22.413
201612	17.580	100.650	19.940
201712	16.521	101.850	18.518
201812	16.691	103.470	18.415
201912	16.873	104.980	18.348
202012	16.404	104.960	17.842
202112	17.380	107.850	18.397
202212	11.272	114.160	11.272

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.

Electricite de France (XSWX:EDF) 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.

Electricite de France Cyclically Adjusted PB Ratio Related Terms

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

Electricite de France (XSWX:EDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Electricite de France SA (XSWX:EDF) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-30, Avenue de Wagram, Paris, FRA, 75382

Website

http://www.edf.com

Electricite de France is one of the world's largest energy companies, controlling the French power grid along with a massive global generation fleet. Its French nuclear fleet comprises 58 plants. It operates the largest power supply business in France, which acts as a broker between generators and retail end users, is a major renewable developer, and holds stakes in other energy businesses globally, including a small but growing Chinese footprint. With the acquisition of Areva's nuclear reactor unit in 2017, EDF became an integrated nuclear developer.