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Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Cyclically Adjusted PB Ratio : 1.33 (As of May. 26, 2024)


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What is Companhia Energetica de Brasilia - CEB Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Companhia Energetica de Brasilia - CEB's current share price is R$20.95. Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$15.73. Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio for today is 1.33.

The historical rank and industry rank for Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:CEBR6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.87   Max: 2.3
Current: 1.5

During the past years, Companhia Energetica de Brasilia - CEB's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 0.64. And the median was 0.87.

BSP:CEBR6's Cyclically Adjusted PB Ratio is ranked worse than
50.89% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs BSP:CEBR6: 1.50

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.

Companhia Energetica de Brasilia - CEB's adjusted book value per share data for the three months ended in Dec. 2023 was R$13.989. 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 R$15.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Energetica de Brasilia - CEB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB 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.

Companhia Energetica de Brasilia - CEB Cyclically Adjusted PB Ratio Chart

Companhia Energetica de Brasilia - CEB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.93 0.67 1.13

Companhia Energetica de Brasilia - CEB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 0.67 0.85 0.85 0.89 1.13

Competitive Comparison of Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Companhia Energetica de Brasilia - CEB'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.


Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio falls into.



Companhia Energetica de Brasilia - CEB Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.95/15.73
=1.33

* 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.

Companhia Energetica de Brasilia - CEB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Companhia Energetica de Brasilia - CEB'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)
=13.989/157.1481*157.1481
=13.989

Current CPI (Dec. 2023) = 157.1481.

Companhia Energetica de Brasilia - CEB Quarterly Data

Book Value per Share CPI Adj_Book
201106 10.603 77.018 21.635
201109 11.378 77.837 22.972
201112 9.769 78.971 19.440
201203 11.663 79.938 22.928
201206 11.891 80.803 23.126
201209 12.046 81.948 23.100
201212 9.278 83.581 17.444
201303 6.933 85.205 12.787
201312 6.715 88.522 11.921
201412 2.686 94.194 4.481
201512 7.508 104.247 11.318
201612 7.540 110.802 10.694
201703 0.000 111.869 0.000
201706 0.000 112.115 0.000
201709 0.000 112.777 0.000
201712 9.115 114.068 12.557
201803 7.412 114.868 10.140
201806 9.801 117.038 13.160
201809 8.926 117.881 11.899
201812 10.119 118.340 13.437
201903 7.663 120.124 10.025
201906 5.414 120.977 7.033
201909 6.236 121.292 8.079
201912 10.591 123.436 13.484
202003 11.019 124.092 13.954
202006 9.821 123.557 12.491
202009 11.776 125.095 14.793
202012 9.417 129.012 11.471
202103 25.659 131.660 30.626
202106 25.978 133.871 30.495
202109 26.412 137.913 30.096
202112 11.501 141.992 12.729
202203 12.042 146.537 12.914
202206 12.882 149.784 13.515
202209 13.354 147.800 14.199
202212 13.555 150.207 14.181
202303 14.282 153.352 14.636
202306 13.921 154.519 14.158
202309 14.504 155.464 14.661
202312 13.989 157.148 13.989

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


Companhia Energetica de Brasilia - CEB  (BSP:CEBR6) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Companhia Energetica de Brasilia - CEB Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Companhia Energetica de Brasilia - CEB's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Business Description

Traded in Other Exchanges
Address
SIA Public Services Area, Lot C, Brasília, DF, BRA, 71215-902
Companhia Energetica de Brasilia - CEB through its subsidiaries and holdings is engaged in generation, transmission, marketing and distribution of electricity as well as related services. It also constructs electric power stations and distribution network; and produces and distributes gas through pipelines.

Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Headlines

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