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Entergy (Entergy) Cyclically Adjusted PB Ratio : 1.69 (As of Apr. 28, 2024)


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What is Entergy Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Entergy's current share price is $106.50. Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $63.15. Entergy's Cyclically Adjusted PB Ratio for today is 1.69.

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

ETR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.58   Max: 2.45
Current: 1.69

During the past years, Entergy's highest Cyclically Adjusted PB Ratio was 2.45. The lowest was 1.21. And the median was 1.58.

ETR's Cyclically Adjusted PB Ratio is ranked worse than
59.77% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs ETR: 1.69

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.

Entergy's adjusted book value per share data for the three months ended in Mar. 2024 was $67.793. 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 $63.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Entergy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Entergy'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.

Entergy Cyclically Adjusted PB Ratio Chart

Entergy 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 2.19 1.81 1.92 1.83 1.60

Entergy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.72 1.54 1.46 1.60 1.67

Competitive Comparison of Entergy's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Entergy'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.


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

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

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



Entergy 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.

Entergy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.50/63.15
=1.69

* 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.

Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Entergy'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)
=67.793/129.4194*129.4194
=67.793

Current CPI (Mar. 2024) = 129.4194.

Entergy Quarterly Data

Book Value per Share CPI Adj_Book
201406 56.041 100.560 72.124
201409 56.493 100.428 72.801
201412 55.834 99.070 72.939
201503 56.452 99.621 73.338
201506 56.583 100.684 72.732
201509 51.333 100.392 66.176
201512 51.891 99.792 67.297
201603 52.377 100.470 67.469
201606 54.544 101.688 69.419
201609 56.212 101.861 71.420
201612 45.117 101.863 57.322
201703 44.904 102.862 56.497
201706 46.629 103.349 58.391
201709 48.380 104.136 60.127
201712 44.275 104.011 55.091
201803 44.109 105.290 54.218
201806 44.362 106.317 54.002
201809 46.445 106.507 56.437
201812 46.781 105.998 57.118
201903 47.233 107.251 56.996
201906 49.311 108.070 59.053
201909 50.405 108.329 60.218
201912 51.337 108.420 61.280
202003 51.079 108.902 60.703
202006 52.075 108.767 61.963
202009 53.797 109.815 63.401
202012 54.564 109.897 64.257
202103 54.912 111.754 63.592
202106 54.182 114.631 61.172
202109 55.990 115.734 62.611
202112 57.425 117.630 63.181
202203 57.641 121.301 61.499
202206 57.572 125.017 59.599
202209 59.447 125.227 61.437
202212 61.404 125.222 63.462
202303 61.757 127.348 62.762
202306 62.600 128.729 62.936
202309 64.744 129.860 64.525
202312 68.700 129.419 68.700
202403 67.793 129.419 67.793

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.


Entergy  (NYSE:ETR) 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.


Entergy Cyclically Adjusted PB Ratio Related Terms

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


Entergy (Entergy) Business Description

Traded in Other Exchanges
Address
639 Loyola Avenue, New Orleans, LA, USA, 70113
Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of rate-regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its plants in the Northeast in 2014.
Executives
Marcus V Brown officer: Senior V.P. & General Counsel C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FL., NEW ORLEANS LA 70113
Deanna D. Rodriguez other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Alexis M Herman director 1501 M STREET N W SUITE 1175, WASHINGTON DC 20005
Gina F. Adams director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
John H. Black director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Anastasia Minor other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Haley Fisackerly other: "Officer" Under Sec 16 Rules
Jason Chapman other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Reginald T Jackson officer: SVP, Chief Accounting Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Kimberly Cook-nelson officer: EVP, Chief Nuclear Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Paul D Hinnenkamp officer: SVP & Chief Operating Officer C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Norgeot Peter S Jr officer: SVP, Transformation C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVENUE, 26TH FLOOR, NEW ORLEANS LA 70113
Leo P Denault officer: Executive V.P. and CFO
May Phillip R Jr other: "Officer" Under Sec. 16 Rules C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Andrew S Marsh officer: Executive Vice President & CFO C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113