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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Cyclically Adjusted PB Ratio : 0.67 (As of Apr. 27, 2024)


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What is Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Centrais Eletricas Brasileiras's current share price is $7.39. Centrais Eletricas Brasileiras's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $10.98. Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio for today is 0.67.

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

EBR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.6   Max: 0.92
Current: 0.67

During the past years, Centrais Eletricas Brasileiras's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.17. And the median was 0.60.

EBR's Cyclically Adjusted PB Ratio is ranked better than
67.59% of 253 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.13 vs EBR: 0.67

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.

Centrais Eletricas Brasileiras's adjusted book value per share data for the three months ended in Sep. 2023 was $10.162. 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 $10.98 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio Chart

Centrais Eletricas Brasileiras Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.61 0.63 0.58 0.76

Centrais Eletricas Brasileiras Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.77 0.76 0.60 0.71 0.67

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.39/10.98
=0.67

* 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Centrais Eletricas Brasileiras's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=10.162/155.4635*155.4635
=10.162

Current CPI (Sep. 2023) = 155.4635.

Centrais Eletricas Brasileiras Quarterly Data

Book Value per Share CPI Adj_Book
201312 19.328 88.522 33.944
201403 19.529 90.447 33.567
201406 20.142 91.838 34.096
201409 18.427 92.602 30.936
201412 14.923 94.194 24.630
201503 13.605 97.799 21.627
201506 13.403 100.006 20.835
201509 9.916 101.392 15.204
201512 7.986 104.247 11.910
201603 7.624 106.979 11.079
201606 10.997 108.851 15.706
201609 11.769 109.986 16.635
201612 9.740 110.802 13.666
201703 10.781 111.869 14.982
201706 10.308 112.115 14.294
201709 10.984 112.777 15.141
201712 9.497 114.068 12.944
201803 9.963 114.868 13.484
201806 8.820 117.038 11.716
201809 7.791 117.881 10.275
201812 10.501 118.340 13.795
201903 10.962 120.124 14.187
201906 11.944 120.977 15.349
201909 11.312 121.292 14.499
201912 12.735 123.436 16.039
202003 0.000 124.092 0.000
202006 9.313 123.557 11.718
202009 8.954 125.095 11.128
202012 9.103 129.012 10.969
202103 8.236 131.660 9.725
202106 9.539 133.871 11.078
202109 9.192 137.913 10.362
202112 8.580 141.992 9.394
202203 10.095 146.537 10.710
202206 9.624 149.784 9.989
202209 9.240 147.800 9.719
202212 9.155 150.207 9.475
202303 9.227 153.352 9.354
202306 10.184 154.519 10.246
202309 10.162 155.464 10.162

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.


Centrais Eletricas Brasileiras  (NYSE:EBR) 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.


Centrais Eletricas Brasileiras Cyclically Adjusted PB Ratio Related Terms

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


Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Headlines