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Enea (WAR:ENA) Cyclically Adjusted Book per Share : zł39.63 (As of Mar. 2024)


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What is Enea 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.

Enea's adjusted book value per share for the three months ended in Mar. 2024 was zł28.204. 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 zł39.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enea's average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Enea was 9.60% per year. The lowest was 6.50% per year. And the median was 9.60% per year.

As of today (2024-06-08), Enea's current stock price is zł10.10. Enea's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł39.63. Enea's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enea was 0.41. The lowest was 0.12. And the median was 0.24.


Enea Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enea'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.

Enea Cyclically Adjusted Book per Share Chart

Enea 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 29.01 30.02 32.85 38.15 39.55

Enea 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 39.81 39.86 39.41 39.55 39.63

Competitive Comparison of Enea's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Enea'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.


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

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

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



Enea 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, Enea'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)
=28.204/149.0435*149.0435
=28.204

Current CPI (Mar. 2024) = 149.0435.

Enea Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.848 101.180 39.548
201409 27.215 100.611 40.316
201412 27.216 100.122 40.514
201503 27.798 100.041 41.414
201506 27.798 100.448 41.246
201509 28.650 99.634 42.858
201512 25.683 99.471 38.482
201603 26.247 98.983 39.522
201606 26.617 99.552 39.849
201609 27.182 99.064 40.896
201612 27.582 100.366 40.959
201703 28.236 101.018 41.660
201706 28.551 101.180 42.057
201709 29.015 101.343 42.672
201712 29.626 102.564 43.052
201803 31.005 102.564 45.056
201806 31.373 103.378 45.231
201809 31.718 103.378 45.729
201812 31.934 103.785 45.860
201903 32.480 104.274 46.425
201906 33.087 105.983 46.530
201909 33.947 105.983 47.740
201912 32.746 107.123 45.561
202003 33.573 109.076 45.875
202006 32.178 109.402 43.838
202009 32.280 109.320 44.009
202012 27.267 109.565 37.092
202103 28.236 112.658 37.356
202106 29.043 113.960 37.984
202109 30.394 115.588 39.191
202112 31.774 119.088 39.766
202203 33.075 125.031 39.427
202206 29.767 131.705 33.686
202209 29.811 135.531 32.783
202212 28.080 139.113 30.085
202303 28.389 145.950 28.991
202306 27.533 147.009 27.914
202309 28.778 146.113 29.355
202312 26.313 147.741 26.545
202403 28.204 149.044 28.204

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


Enea  (WAR:ENA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.10/39.63
=0.25

* 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 Enea was 0.41. The lowest was 0.12. And the median was 0.24.


Be Aware

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


Enea Cyclically Adjusted Book per Share Related Terms

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


Enea (WAR:ENA) Business Description

Industry
Traded in Other Exchanges
Address
ul. Gorecka 1, Poznan, POL, 60-201
Enea SA is a Polish energy group involved in the production, transmission, and sale of electricity to homes and businesses. Enea segments its operations into Mining, Generation, Distribution, and Trading. Enea supplies coal as raw material to generate electricity and heat to distribute and trade to customers. Collectively, Enea generates a sizable amount of Poland's total energy production. The majority of the company's revenue is derived from the sale of electricity produced by coal- and gas-fired facilities. The distribution of electricity to business customers and households also represents a significant revenue stream. Enea primarily serves individual consumers, small- and medium-sized companies, and large industrial plants in Poland.

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