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Duke Energy (Duke Energy) Cyclically Adjusted PB Ratio : 1.41 (As of May. 01, 2024)


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What is Duke Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Duke Energy's current share price is $99.78. Duke Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $70.96. Duke Energy's Cyclically Adjusted PB Ratio for today is 1.41.

The historical rank and industry rank for Duke Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:

DUK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.38   Max: 1.68
Current: 1.38

During the past years, Duke Energy's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 1.11. And the median was 1.38.

DUK's Cyclically Adjusted PB Ratio is ranked better than
50.56% of 443 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs DUK: 1.38

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.

Duke Energy's adjusted book value per share data for the three months ended in Dec. 2023 was $61.177. 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 $70.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Duke Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Duke Energy'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.

Duke Energy Cyclically Adjusted PB Ratio Chart

Duke Energy 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 1.49 1.47 1.58 1.47 1.37

Duke Energy 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 1.47 1.36 1.26 1.23 1.37

Competitive Comparison of Duke Energy's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Duke Energy'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.


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

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

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



Duke Energy 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.

Duke Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=99.78/70.96
=1.41

* 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.

Duke Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Duke Energy'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)
=61.177/129.4194*129.4194
=61.177

Current CPI (Dec. 2023) = 129.4194.

Duke Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 57.580 99.695 74.748
201406 57.713 100.560 74.276
201409 58.574 100.428 75.483
201412 57.815 99.070 75.526
201503 57.982 99.621 75.325
201506 57.529 100.684 73.948
201509 57.895 100.392 74.635
201512 57.743 99.792 74.886
201603 57.907 100.470 74.592
201606 57.908 101.688 73.700
201609 58.770 101.861 74.670
201612 58.619 101.863 74.477
201703 58.837 102.862 74.028
201706 58.981 103.349 73.859
201709 59.475 104.136 73.915
201712 59.627 104.011 74.193
201803 59.617 105.290 73.280
201806 59.701 106.317 72.674
201809 60.302 106.507 73.275
201812 60.271 105.998 73.589
201903 60.516 107.251 73.025
201906 60.769 108.070 72.774
201909 61.042 108.329 72.926
201912 61.201 108.420 73.055
202003 61.169 108.902 72.694
202006 59.214 108.767 70.457
202009 59.842 109.815 70.525
202012 59.821 109.897 70.448
202103 60.092 111.754 69.591
202106 60.039 114.631 67.784
202109 61.567 115.734 68.847
202112 61.553 117.630 67.722
202203 61.668 121.301 65.795
202206 62.023 125.017 64.207
202209 62.835 125.227 64.939
202212 61.506 125.222 63.568
202303 61.346 127.348 62.344
202306 60.144 128.729 60.467
202309 61.096 129.860 60.889
202312 61.177 129.419 61.177

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.


Duke Energy  (NYSE:DUK) 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.


Duke Energy Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Duke Energy's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Duke Energy (Duke Energy) Business Description

Address
550 South Tryon Street, Charlotte, NC, USA, 28202-1803
Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.
Executives
Kodwo Ghartey-tagoe officer: EVP & Chief Legal Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
E Marie Mckee director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Louis E. Renjel officer: SVP, External Affairs & Comm 550 S. TRYON STREET, CHARLOTTE NC 28202
Gillespie Thomas Preston Jr. officer: EVP-Chf Gen Off-Entrp Op Excel 526 S. CHURCH ST., CHARLOTTE NC 28202
Steven K Young officer: Sr. VP & Controller DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dhiaa M. Jamil officer: Grp Exec & Chief Nuclear Offic DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Ronald R Reising officer: SVP & Chief HR Officer 526 SOUTH CHURCH STREET, EC03T, CHARLOTTE NC 28202
Craver Theodore F Jr director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Julia S Janson officer: Sr. VP & Corporate Secretary DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert Alexander Glenn officer: SVP & CEO DEF & Midwest 550 S. TRYON STREET, CHARLOTTE NC 28202
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Idalene Fay Kesner director 101 OAKLEY STREET, EVANSVILLE IN 47710
Cynthia S. Lee officer: VP, Chf Acct Off & Controller 550 S. TRYON STREET, CHARLOTTE NC 28202
Caroline Dorsa director BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Michael J. Pacilio director 550 S. TRYON STREET, CHARLOTTE NC 28202

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