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CPFL Energia (BSP:CPFE3) Shiller PE Ratio : 11.84 (As of Apr. 27, 2024)


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What is CPFL Energia Shiller PE Ratio?

As of today (2024-04-27), CPFL Energia's current share price is R$34.94. CPFL Energia's E10 for the quarter that ended in Dec. 2023 was R$2.95. CPFL Energia's Shiller PE Ratio for today is 11.84.

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

BSP:CPFE3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.63   Med: 13.4   Max: 22.38
Current: 11.86

During the past years, CPFL Energia's highest Shiller PE Ratio was 22.38. The lowest was 7.63. And the median was 13.40.

BSP:CPFE3's Shiller PE Ratio is ranked better than
67.1% of 389 companies
in the Utilities - Regulated industry
Industry Median: 15.91 vs BSP:CPFE3: 11.86

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.

CPFL Energia's adjusted earnings per share data for the three months ended in Dec. 2023 was R$1.299. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$2.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPFL Energia Shiller PE Ratio Historical Data

The historical data trend for CPFL Energia'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.

CPFL Energia Shiller PE Ratio Chart

CPFL Energia 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 20.76 17.74 12.23 13.16 13.07

CPFL Energia 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 13.16 11.97 12.33 11.78 13.07

Competitive Comparison of CPFL Energia's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, CPFL Energia'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.


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

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

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



CPFL Energia 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.

CPFL Energia's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.94/2.95
=11.84

* 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.

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

For example, CPFL Energia'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)
=1.299/156.2729*156.2729
=1.299

Current CPI (Dec. 2023) = 156.2729.

CPFL Energia Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.161 90.447 0.278
201406 0.166 91.838 0.282
201409 0.088 92.602 0.149
201412 0.503 94.194 0.835
201503 0.160 97.799 0.256
201506 0.120 100.006 0.188
201509 0.250 101.392 0.385
201512 0.290 104.247 0.435
201603 0.270 106.979 0.394
201606 0.260 108.851 0.373
201609 0.220 109.986 0.313
201612 0.136 110.802 0.192
201703 0.240 111.869 0.335
201706 0.140 112.115 0.195
201709 0.320 112.777 0.443
201712 0.451 114.068 0.618
201803 0.440 114.868 0.599
201806 0.450 117.038 0.601
201809 0.540 117.881 0.716
201812 0.440 118.340 0.581
201903 0.590 120.124 0.768
201906 0.570 120.977 0.736
201909 0.580 121.292 0.747
201912 0.730 123.436 0.924
202003 0.770 124.092 0.970
202006 0.390 123.557 0.493
202009 1.160 125.095 1.449
202012 0.840 129.012 1.017
202103 0.820 131.660 0.973
202106 0.960 133.871 1.121
202109 1.220 137.913 1.382
202112 1.120 141.992 1.233
202203 0.960 146.537 1.024
202206 1.090 149.784 1.137
202209 1.220 147.800 1.290
202212 1.160 150.207 1.207
202303 1.380 153.352 1.406
202306 1.030 154.519 1.042
202309 1.080 155.464 1.086
202312 1.299 156.273 1.299

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.


CPFL Energia  (BSP:CPFE3) 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.


CPFL Energia Shiller PE Ratio Related Terms

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CPFL Energia (BSP:CPFE3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397
CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.

CPFL Energia (BSP:CPFE3) Headlines

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