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Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Cyclically Adjusted Book per Share : $20.12 (As of Mar. 2024)


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What is Atlantica Sustainable Infrastructure 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.

Atlantica Sustainable Infrastructure's adjusted book value per share for the three months ended in Mar. 2024 was $11.850. 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 $20.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Atlantica Sustainable Infrastructure's average Cyclically Adjusted Book Growth Rate was -0.50% 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.

As of today (2024-06-09), Atlantica Sustainable Infrastructure's current stock price is $22.03. Atlantica Sustainable Infrastructure's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.12. Atlantica Sustainable Infrastructure's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlantica Sustainable Infrastructure was 1.46. The lowest was 0.82. And the median was 1.14.


Atlantica Sustainable Infrastructure Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atlantica Sustainable Infrastructure'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.

Atlantica Sustainable Infrastructure Cyclically Adjusted Book per Share Chart

Atlantica Sustainable Infrastructure 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 - - - 20.17 20.24

Atlantica Sustainable Infrastructure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.22 20.45 20.37 20.24 20.12

Competitive Comparison of Atlantica Sustainable Infrastructure's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Atlantica Sustainable Infrastructure'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.


Atlantica Sustainable Infrastructure's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Atlantica Sustainable Infrastructure 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, Atlantica Sustainable Infrastructure'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)
=11.85/131.6000*131.6000
=11.850

Current CPI (Mar. 2024) = 131.6000.

Atlantica Sustainable Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.941 99.800 30.251
201409 22.913 100.000 30.154
201412 21.895 99.900 28.843
201503 21.047 99.600 27.809
201506 22.794 100.100 29.967
201509 21.315 100.200 27.995
201512 18.785 100.400 24.623
201603 18.525 100.400 24.282
201606 18.421 101.000 24.002
201609 18.480 101.500 23.960
201612 18.287 102.200 23.548
201703 18.124 102.700 23.224
201706 18.780 103.500 23.879
201709 19.049 104.300 24.035
201712 17.550 105.000 21.996
201803 17.503 105.100 21.916
201806 17.304 105.900 21.503
201809 17.547 106.600 21.662
201812 16.139 107.100 19.831
201903 15.250 107.000 18.756
201906 15.102 107.900 18.419
201909 14.701 108.400 17.847
201912 14.847 108.500 18.008
202003 13.541 108.600 16.409
202006 13.264 108.800 16.044
202009 14.160 109.200 17.065
202012 14.319 109.400 17.225
202103 14.731 109.700 17.672
202106 14.345 111.400 16.946
202109 13.937 112.400 16.318
202112 13.722 114.700 15.744
202203 13.975 116.500 15.786
202206 13.922 120.500 15.204
202209 13.779 122.300 14.827
202212 13.785 125.300 14.478
202303 13.142 126.800 13.639
202306 13.166 129.400 13.390
202309 12.993 130.100 13.143
202312 12.255 130.500 12.358
202403 11.850 131.600 11.850

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


Atlantica Sustainable Infrastructure  (NAS:AY) 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.

Atlantica Sustainable Infrastructure's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.03/20.12
=1.09

* 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 Atlantica Sustainable Infrastructure was 1.46. The lowest was 0.82. And the median was 1.14.


Be Aware

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


Atlantica Sustainable Infrastructure Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Atlantica Sustainable Infrastructure's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Business Description

Traded in Other Exchanges
Address
Great West Road, 17th Floor, Great West House, GW1, Brentford, GBR, TW8 9DF
Atlantica Sustainable Infrastructure PLC owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets. It is focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil, and Uruguay) and EMEA (Spain, Algeria and South Africa). The company's segments include North America, South America and Europe, Middle East and Africa. The renewable energy sector includes the company's activities related to the production of electricity from solar power and wind plants. Atlantica derives most of its revenues from EMEA, followed by South America and North America.

Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Headlines