GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Via Renewables Inc (NAS:VIA) » Definitions » Cyclically Adjusted Book per Share

Via Renewables (Via Renewables) Cyclically Adjusted Book per Share : $16.79 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Via Renewables 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.

Via Renewables's adjusted book value per share for the three months ended in Dec. 2023 was $14.415. 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 $16.79 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Via Renewables's average Cyclically Adjusted Book Growth Rate was -2.20% 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 (2024-04-29), Via Renewables's current stock price is $10.875. Via Renewables's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.79. Via Renewables's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Via Renewables was 2.04. The lowest was 0.33. And the median was 0.65.


Via Renewables Cyclically Adjusted Book per Share Historical Data

The historical data trend for Via Renewables'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.

Via Renewables Cyclically Adjusted Book per Share Chart

Via Renewables 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 - - - 17.16 16.79

Via Renewables Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.16 17.30 17.39 17.48 16.79

Competitive Comparison of Via Renewables's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Via Renewables'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.


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

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

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



Via Renewables 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, Via Renewables'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)
=14.415/129.4194*129.4194
=14.415

Current CPI (Dec. 2023) = 129.4194.

Via Renewables Quarterly Data

Book Value per Share CPI Adj_Book
201403 23.388 99.695 30.361
201406 -0.737 100.560 -0.949
201409 8.498 100.428 10.951
201412 7.216 99.070 9.427
201503 8.599 99.621 11.171
201506 8.689 100.684 11.169
201509 9.563 100.392 12.328
201512 9.089 99.792 11.787
201603 10.958 100.470 14.115
201606 9.119 101.688 11.606
201609 8.824 101.861 11.211
201612 11.672 101.863 14.830
201703 14.848 102.862 18.681
201706 13.835 103.349 17.325
201709 13.732 104.136 17.066
201712 21.901 104.011 27.251
201803 7.720 105.290 9.489
201806 9.137 106.317 11.122
201809 9.929 106.507 12.065
201812 16.268 105.998 19.863
201903 15.613 107.251 18.840
201906 11.677 108.070 13.984
201909 19.432 108.329 23.215
201912 17.810 108.420 21.260
202003 18.001 108.902 21.393
202006 20.102 108.767 23.919
202009 22.001 109.815 25.929
202012 22.169 109.897 26.107
202103 18.101 111.754 20.962
202106 19.897 114.631 22.464
202109 22.336 115.734 24.977
202112 16.527 117.630 18.183
202203 19.822 121.301 21.149
202206 19.980 125.017 20.684
202209 18.294 125.227 18.907
202212 13.422 125.222 13.872
202303 11.850 127.348 12.043
202306 13.436 128.729 13.508
202309 15.125 129.860 15.074
202312 14.415 129.419 14.415

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


Via Renewables  (NAS:VIA) 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.

Via Renewables's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.875/16.79
=0.65

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Via Renewables was 2.04. The lowest was 0.33. And the median was 0.65.


Be Aware

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


Via Renewables Cyclically Adjusted Book per Share Related Terms

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


Via Renewables (Via Renewables) Business Description

Industry
Traded in Other Exchanges
Address
12140 Wickchester Lane, Suite 100, Houston, TX, USA, 77079
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
Executives
Andrew Stephen Kennedy director 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Maxwell W Keith Iii director, 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Amanda Bush director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77057
Barbara Clay officer: Acting General Counsel and Sec C/O GOOD COUNSEL SERVICES, LLC, 111 FARMS ROAD, STAMFORD CT 06903
Mike Barajas officer: Chief Financial Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Paul Konikowski officer: Chief Operating Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Jones James G Ii director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Evans Nick W Jr director 6205 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Kevin M Mcminn officer: Chief Operating Officer 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Nathan Kroeker director, officer: See Remarks 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Gil Melman officer: See Remarks 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jason K. Garrett officer: Executive Vice President 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Robert Lawrence Lane officer: Vice President and CFO 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Electric Holdco, Llc 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079