GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Paranaense De Energia Copel (XMAD:XCOP) » Definitions » Cyclically Adjusted Book per Share

Cia Paranaense De Energia Copel (XMAD:XCOP) Cyclically Adjusted Book per Share : €1.65 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Cia Paranaense De Energia Copel 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.

Cia Paranaense De Energia Copel's adjusted book value per share for the three months ended in Dec. 2023 was €1.499. 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 €1.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cia Paranaense De Energia Copel's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Cia Paranaense De Energia Copel was 11.90% per year. The lowest was 5.00% per year. And the median was 7.10% per year.

As of today (2024-06-01), Cia Paranaense De Energia Copel's current stock price is €1.60. Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €1.65. Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cia Paranaense De Energia Copel was 1.34. The lowest was 0.25. And the median was 0.59.


Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Chart

Cia Paranaense De Energia Copel 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 1.40 0.93 1.23 1.55 1.65

Cia Paranaense De Energia Copel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.55 1.58 1.47 1.61 1.65

Competitive Comparison of Cia Paranaense De Energia Copel's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio falls into.



Cia Paranaense De Energia Copel 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, Cia Paranaense De Energia Copel's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.499/157.1481*157.1481
=1.499

Current CPI (Dec. 2023) = 157.1481.

Cia Paranaense De Energia Copel Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.497 90.447 2.601
201406 1.583 91.838 2.709
201409 1.623 92.602 2.754
201412 1.495 94.194 2.494
201503 1.479 97.799 2.377
201506 1.444 100.006 2.269
201509 1.159 101.392 1.796
201512 1.224 104.247 1.845
201603 1.276 106.979 1.874
201606 1.460 108.851 2.108
201609 1.529 109.986 2.185
201612 1.520 110.802 2.156
201703 1.669 111.869 2.345
201706 1.499 112.115 2.101
201709 1.525 112.777 2.125
201712 1.425 114.068 1.963
201803 1.403 114.868 1.919
201806 1.316 117.038 1.767
201809 1.236 117.881 1.648
201812 1.326 118.340 1.761
201903 1.392 120.124 1.821
201906 1.416 120.977 1.839
201909 1.405 121.292 1.820
201912 1.382 123.436 1.759
202003 1.202 124.092 1.522
202006 1.211 123.557 1.540
202009 1.152 125.095 1.447
202012 1.165 129.012 1.419
202103 1.048 131.660 1.251
202106 1.216 133.871 1.427
202109 1.269 137.913 1.446
202112 1.249 141.992 1.382
202203 1.500 146.537 1.609
202206 1.410 149.784 1.479
202209 1.476 147.800 1.569
202212 1.369 150.207 1.432
202303 1.405 153.352 1.440
202306 1.512 154.519 1.538
202309 1.479 155.464 1.495
202312 1.499 157.148 1.499

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


Cia Paranaense De Energia Copel  (XMAD:XCOP) 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.

Cia Paranaense De Energia Copel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.60/1.65
=0.97

* 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 Cia Paranaense De Energia Copel was 1.34. The lowest was 0.25. And the median was 0.59.


Be Aware

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


Cia Paranaense De Energia Copel Cyclically Adjusted Book per Share Related Terms

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


Cia Paranaense De Energia Copel (XMAD:XCOP) Business Description

Address
Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.

Cia Paranaense De Energia Copel (XMAD:XCOP) Headlines

No Headlines