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Rede Energia Participacoes (BSP:REDE3) Shiller PE Ratio : 14.08 (As of May. 12, 2024)


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What is Rede Energia Participacoes Shiller PE Ratio?

As of today (2024-05-12), Rede Energia Participacoes's current share price is R$6.90. Rede Energia Participacoes's E10 for the quarter that ended in Dec. 2023 was R$0.49. Rede Energia Participacoes's Shiller PE Ratio for today is 14.08.

The historical rank and industry rank for Rede Energia Participacoes's Shiller PE Ratio or its related term are showing as below:

BSP:REDE3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.98   Med: 21.84   Max: 338.33
Current: 14.01

During the past years, Rede Energia Participacoes's highest Shiller PE Ratio was 338.33. The lowest was 11.98. And the median was 21.84.

BSP:REDE3's Shiller PE Ratio is ranked better than
59.59% of 391 companies
in the Utilities - Regulated industry
Industry Median: 16.1 vs BSP:REDE3: 14.01

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.

Rede Energia Participacoes's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rede Energia Participacoes Shiller PE Ratio Historical Data

The historical data trend for Rede Energia Participacoes's Shiller PE 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.

Rede Energia Participacoes Shiller PE Ratio Chart

Rede Energia Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.01 192.79 20.96 15.04 13.44

Rede Energia Participacoes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 15.04 12.24 13.24 12.36 13.44

Competitive Comparison of Rede Energia Participacoes's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Rede Energia Participacoes's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Rede Energia Participacoes's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rede Energia Participacoes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Rede Energia Participacoes's Shiller PE Ratio falls into.



Rede Energia Participacoes Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Rede Energia Participacoes's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.90/0.49
=14.08

* 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.

Rede Energia Participacoes's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Rede Energia Participacoes's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.25/156.2729*156.2729
=0.250

Current CPI (Dec. 2023) = 156.2729.

Rede Energia Participacoes Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.140 90.447 -0.242
201406 0.590 91.838 1.004
201409 0.025 92.602 0.042
201412 -0.100 94.194 -0.166
201503 0.017 97.799 0.027
201506 0.140 100.006 0.219
201509 0.036 101.392 0.055
201512 0.072 104.247 0.108
201603 0.025 106.979 0.037
201606 0.003 108.851 0.004
201609 0.039 109.986 0.055
201612 0.049 110.802 0.069
201703 0.028 111.869 0.039
201706 0.015 112.115 0.021
201709 0.022 112.777 0.030
201712 0.003 114.068 0.004
201803 0.081 114.868 0.110
201806 0.046 117.038 0.061
201809 0.103 117.881 0.137
201812 0.027 118.340 0.036
201903 0.110 120.124 0.143
201906 0.123 120.977 0.159
201909 0.096 121.292 0.124
201912 0.052 123.436 0.066
202003 0.050 124.092 0.063
202006 0.050 123.557 0.063
202009 0.178 125.095 0.222
202012 0.153 129.012 0.185
202103 0.170 131.660 0.202
202106 0.190 133.871 0.222
202109 0.190 137.913 0.215
202112 0.098 141.992 0.108
202203 0.190 146.537 0.203
202206 0.190 149.784 0.198
202209 0.150 147.800 0.159
202212 0.140 150.207 0.146
202303 0.150 153.352 0.153
202306 0.170 154.519 0.172
202309 0.220 155.464 0.221
202312 0.250 156.273 0.250

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Rede Energia Participacoes  (BSP:REDE3) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Rede Energia Participacoes Shiller PE Ratio Related Terms

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Rede Energia Participacoes (BSP:REDE3) Business Description

Traded in Other Exchanges
N/A
Address
Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901
Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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