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Huaneng Power International (BUE:HNPIY) Cyclically Adjusted PB Ratio : 1.43 (As of May. 26, 2024)


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What is Huaneng Power International Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Huaneng Power International's current share price is ARS6279.00. Huaneng Power International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS4,404.67. Huaneng Power International's Cyclically Adjusted PB Ratio for today is 1.43.

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

BUE:HNPIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.41   Max: 3.08
Current: 1.36

During the past years, Huaneng Power International's highest Cyclically Adjusted PB Ratio was 3.08. The lowest was 0.68. And the median was 1.41.

BUE:HNPIY's Cyclically Adjusted PB Ratio is ranked worse than
54.37% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.22 vs BUE:HNPIY: 1.36

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.

Huaneng Power International's adjusted book value per share data for the three months ended in Mar. 2024 was ARS40,625.716. 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 ARS4,404.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaneng Power International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Huaneng Power International'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.

Huaneng Power International Cyclically Adjusted PB Ratio Chart

Huaneng Power International 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 1.09 0.82 1.66 1.24 1.19

Huaneng Power International 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 1.38 1.47 1.23 1.19 1.43

Competitive Comparison of Huaneng Power International's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.


Huaneng Power International's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Huaneng Power International 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.

Huaneng Power International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6279.00/4404.67
=1.43

* 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.

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

For example, Huaneng Power International'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)
=40625.716/115.2271*115.2271
=40,625.716

Current CPI (Mar. 2024) = 115.2271.

Huaneng Power International Quarterly Data

Book Value per Share CPI Adj_Book
201406 235.914 98.200 276.820
201409 254.121 98.900 296.073
201412 287.427 99.000 334.539
201503 275.933 99.900 318.268
201506 284.384 99.500 329.334
201509 289.749 100.500 332.208
201512 419.383 100.600 480.361
201603 495.183 102.200 558.302
201606 444.218 101.400 504.792
201609 487.132 102.400 548.152
201612 532.684 102.600 598.242
201703 434.564 103.200 485.209
201706 443.460 103.100 495.622
201709 534.037 104.100 591.119
201712 579.155 104.500 638.606
201803 643.929 105.300 704.635
201806 771.836 104.900 847.821
201809 1,103.838 106.600 1,193.171
201812 1,161.701 106.500 1,256.896
201903 1,278.995 107.700 1,368.383
201906 1,422.027 107.700 1,521.412
201909 1,811.228 109.800 1,900.752
201912 2,141.116 111.200 2,218.656
202003 2,309.679 112.300 2,369.881
202006 2,887.672 110.400 3,013.932
202009 3,531.057 111.700 3,642.556
202012 3,859.093 111.500 3,988.091
202103 4,366.978 112.662 4,466.426
202106 4,544.679 111.769 4,685.282
202109 4,506.591 112.215 4,627.541
202112 4,263.795 113.108 4,343.690
202203 4,514.649 114.335 4,549.887
202206 4,674.324 114.558 4,701.634
202209 5,164.803 115.339 5,159.806
202212 6,650.435 115.116 6,656.877
202303 9,319.508 115.116 9,328.535
202306 11,244.273 114.558 11,309.967
202309 16,795.678 115.339 16,779.427
202312 17,023.160 114.781 17,089.336
202403 40,625.716 115.227 40,625.716

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.


Huaneng Power International  (BUE:HNPIY) 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.


Huaneng Power International Cyclically Adjusted PB Ratio Related Terms

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


Huaneng Power International (BUE:HNPIY) Business Description

Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

Huaneng Power International (BUE:HNPIY) Headlines

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