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Public Power (FRA:PU8) Cyclically Adjusted PB Ratio : 0.58 (As of May. 26, 2024)


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What is Public Power Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Public Power's current share price is €11.75. Public Power's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €20.27. Public Power's Cyclically Adjusted PB Ratio for today is 0.58.

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

FRA:PU8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.15   Max: 0.61
Current: 0.57

During the past 13 years, Public Power's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.05. And the median was 0.15.

FRA:PU8's Cyclically Adjusted PB Ratio is ranked better than
72.24% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.22 vs FRA:PU8: 0.57

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.

Public Power's adjusted book value per share data of for the fiscal year that ended in Dec23 was €11.889. 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 €20.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Power Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Public Power'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.

Public Power Cyclically Adjusted PB Ratio Chart

Public Power 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 0.17 0.35 0.44 0.31 0.55

Public Power Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.44 - 0.31 - 0.55

Competitive Comparison of Public Power's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Public Power'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.


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

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

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



Public Power 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.75/20.27
=0.58

* 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.

Public Power's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Public Power's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=11.889/116.3641*116.3641
=11.889

Current CPI (Dec23) = 116.3641.

Public Power Annual Data

Book Value per Share CPI Adj_Book
201412 26.442 100.254 30.691
201512 24.862 100.087 28.905
201612 25.257 100.110 29.358
201712 24.183 100.762 27.927
201812 16.995 101.330 19.517
201912 13.105 102.120 14.933
202012 13.305 99.751 15.521
202112 13.295 104.853 14.755
202212 10.665 112.428 11.038
202312 11.889 116.364 11.889

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.


Public Power  (FRA:PU8) 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.


Public Power Cyclically Adjusted PB Ratio Related Terms

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


Public Power (FRA:PU8) Business Description

Traded in Other Exchanges
Address
30, Chalkokondyli Street, Athens, GRC, 104 32
Public Power Corp SA, or PPC, is a public electric utility company of which the Hellenic Republic is the majority shareholder. PPC is engaged in the generation, transmission, and distribution of electric energy. With its subsidiaries, the company operates a portfolio of natural gas, coal, hydroelectric, wind, and solar power plants. PPC's thermal energy generating facilities are responsible for the majority of the company's electricity production. The company generates the vast majority of its revenue from energy sales. These mostly take the form of sales of low-voltage electricity to residential and small commercial consumers. PPC retains a considerable market share in Europe's Interconnected System electric grid.

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