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Entergy (Entergy) Cyclically Adjusted Book per Share : $63.15 (As of Mar. 2024)


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What is Entergy Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Entergy's adjusted book value per share for the three months ended in Mar. 2024 was $67.793. 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 $63.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Entergy's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Entergy was 4.70% per year. The lowest was -0.70% per year. And the median was 2.60% per year.

As of today (2024-04-27), Entergy's current stock price is $106.50. Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $63.15. Entergy's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Entergy was 2.45. The lowest was 1.21. And the median was 1.58.


Entergy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Entergy's Cyclically Adjusted Book per Share 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.

Entergy Cyclically Adjusted Book per Share Chart

Entergy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.81 55.17 58.56 61.64 63.26

Entergy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 62.55 63.09 63.53 63.26 63.15

Competitive Comparison of Entergy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Entergy'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.


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

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

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



Entergy Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Entergy'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)
=67.793/129.4194*129.4194
=67.793

Current CPI (Mar. 2024) = 129.4194.

Entergy Quarterly Data

Book Value per Share CPI Adj_Book
201406 56.041 100.560 72.124
201409 56.493 100.428 72.801
201412 55.834 99.070 72.939
201503 56.452 99.621 73.338
201506 56.583 100.684 72.732
201509 51.333 100.392 66.176
201512 51.891 99.792 67.297
201603 52.377 100.470 67.469
201606 54.544 101.688 69.419
201609 56.212 101.861 71.420
201612 45.117 101.863 57.322
201703 44.904 102.862 56.497
201706 46.629 103.349 58.391
201709 48.380 104.136 60.127
201712 44.275 104.011 55.091
201803 44.109 105.290 54.218
201806 44.362 106.317 54.002
201809 46.445 106.507 56.437
201812 46.781 105.998 57.118
201903 47.233 107.251 56.996
201906 49.311 108.070 59.053
201909 50.405 108.329 60.218
201912 51.337 108.420 61.280
202003 51.079 108.902 60.703
202006 52.075 108.767 61.963
202009 53.797 109.815 63.401
202012 54.564 109.897 64.257
202103 54.912 111.754 63.592
202106 54.182 114.631 61.172
202109 55.990 115.734 62.611
202112 57.425 117.630 63.181
202203 57.641 121.301 61.499
202206 57.572 125.017 59.599
202209 59.447 125.227 61.437
202212 61.404 125.222 63.462
202303 61.757 127.348 62.762
202306 62.600 128.729 62.936
202309 64.744 129.860 64.525
202312 68.700 129.419 68.700
202403 67.793 129.419 67.793

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


Entergy  (NYSE:ETR) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Entergy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=106.50/63.15
=1.69

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Entergy was 2.45. The lowest was 1.21. And the median was 1.58.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Entergy Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Entergy's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Entergy (Entergy) Business Description

Industry
Traded in Other Exchanges
Address
639 Loyola Avenue, New Orleans, LA, USA, 70113
Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of rate-regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its plants in the Northeast in 2014.
Executives
Marcus V Brown officer: Senior V.P. & General Counsel C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FL., NEW ORLEANS LA 70113
Deanna D. Rodriguez other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Alexis M Herman director 1501 M STREET N W SUITE 1175, WASHINGTON DC 20005
Gina F. Adams director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
John H. Black director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Anastasia Minor other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Haley Fisackerly other: "Officer" Under Sec 16 Rules
Jason Chapman other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Reginald T Jackson officer: SVP, Chief Accounting Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Kimberly Cook-nelson officer: EVP, Chief Nuclear Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Paul D Hinnenkamp officer: SVP & Chief Operating Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Norgeot Peter S Jr officer: SVP, Transformation C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVENUE, 26TH FLOOR, NEW ORLEANS LA 70113
Leo P Denault officer: Executive V.P. and CFO
May Phillip R Jr other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Andrew S Marsh officer: Executive Vice President & CFO C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113