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Volgogradenergosbyt PJSC (MIC:VGSB) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Volgogradenergosbyt PJSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Volgogradenergosbyt PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Volgogradenergosbyt PJSC'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.

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Volgogradenergosbyt PJSC Cyclically Adjusted PB Ratio Chart

Volgogradenergosbyt PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Volgogradenergosbyt PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Volgogradenergosbyt PJSC's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Volgogradenergosbyt PJSC'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.


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

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

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



Volgogradenergosbyt PJSC 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.

Volgogradenergosbyt PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Volgogradenergosbyt PJSC'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)
=-9.508/244.6000*244.6000
=-9.508

Current CPI (Dec. 2023) = 244.6000.

Volgogradenergosbyt PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201312 -8.988 124.900 -17.602
201403 -2.082 127.800 -3.985
201406 -2.511 130.900 -4.692
201409 -2.073 132.700 -3.821
201412 -8.826 139.000 -15.531
201503 -8.867 149.400 -14.517
201506 -8.774 150.900 -14.222
201509 -8.617 153.500 -13.731
201512 -8.522 157.000 -13.277
201603 -8.324 160.200 -12.709
201606 -8.160 162.200 -12.305
201609 -7.929 163.300 -11.877
201612 -8.133 165.400 -12.027
201703 -7.837 167.000 -11.479
201706 -7.286 169.200 -10.533
201709 -7.050 168.200 -10.252
201712 -7.367 169.600 -10.625
201803 -7.296 171.000 -10.436
201806 -10.198 173.100 -14.410
201809 -10.163 173.900 -14.295
201812 -7.110 176.800 -9.837
201903 -10.082 179.900 -13.708
201906 -10.099 181.200 -13.633
201909 -9.878 180.800 -13.364
201912 -16.574 182.200 -22.250
202003 -16.403 184.500 -21.746
202006 -15.897 187.000 -20.794
202009 -15.622 187.400 -20.390
202012 -16.270 191.100 -20.825
202103 -16.092 195.200 -20.164
202106 -15.859 199.100 -19.483
202109 -15.733 201.300 -19.117
202112 -15.376 207.200 -18.151
202203 -15.174 227.800 -16.293
202206 -14.845 230.800 -15.733
202209 -14.446 228.800 -15.444
202212 -13.735 231.900 -14.487
202303 -12.561 235.800 -13.030
202309 -10.697 242.600 -10.785
202312 -9.508 244.600 -9.508

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.


Volgogradenergosbyt PJSC  (MIC:VGSB) 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.


Volgogradenergosbyt PJSC Cyclically Adjusted PB Ratio Related Terms

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Volgogradenergosbyt PJSC (MIC:VGSB) Business Description

Traded in Other Exchanges
Address
ul. Kozlovskaya, d. 14, Volgograd, RUS, 400001
Volgogradenergosbyt PJSC purchases and sells electricity to industrial consumers in the wholesale and retail markets.

Volgogradenergosbyt PJSC (MIC:VGSB) Headlines

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