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Clean Energy Fuels (Clean Energy Fuels) Cyclically Adjusted PB Ratio : 0.62 (As of Apr. 27, 2024)


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What is Clean Energy Fuels Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Clean Energy Fuels's current share price is $2.43. Clean Energy Fuels's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.91. Clean Energy Fuels's Cyclically Adjusted PB Ratio for today is 0.62.

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

CLNE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.69   Max: 3.83
Current: 0.57

During the past years, Clean Energy Fuels's highest Cyclically Adjusted PB Ratio was 3.83. The lowest was 0.26. And the median was 0.69.

CLNE's Cyclically Adjusted PB Ratio is ranked better than
64.89% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs CLNE: 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.

Clean Energy Fuels's adjusted book value per share data for the three months ended in Dec. 2023 was $3.259. 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 $3.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Energy Fuels Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clean Energy Fuels'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.

Clean Energy Fuels Cyclically Adjusted PB Ratio Chart

Clean Energy Fuels 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 0.49 1.74 1.39 1.22 0.98

Clean Energy Fuels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.22 1.04 1.20 0.95 0.98

Competitive Comparison of Clean Energy Fuels's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.


Clean Energy Fuels's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Clean Energy Fuels's Cyclically Adjusted PB Ratio falls into.



Clean Energy Fuels 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.

Clean Energy Fuels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.43/3.91
=0.62

* 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.

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

For example, Clean Energy Fuels'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)
=3.259/129.4194*129.4194
=3.259

Current CPI (Dec. 2023) = 129.4194.

Clean Energy Fuels Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.457 99.695 7.084
201406 5.164 100.560 6.646
201409 4.836 100.428 6.232
201412 4.849 99.070 6.334
201503 4.430 99.621 5.755
201506 4.139 100.684 5.320
201509 3.827 100.392 4.934
201512 3.275 99.792 4.247
201603 3.343 100.470 4.306
201606 3.332 101.688 4.241
201609 3.275 101.861 4.161
201612 3.222 101.863 4.094
201703 3.628 102.862 4.565
201706 3.521 103.349 4.409
201709 2.931 104.136 3.643
201712 2.816 104.011 3.504
201803 2.884 105.290 3.545
201806 2.509 106.317 3.054
201809 2.462 106.507 2.992
201812 2.495 105.998 3.046
201903 2.439 107.251 2.943
201906 2.418 108.070 2.896
201909 2.398 108.329 2.865
201912 2.606 108.420 3.111
202003 2.608 108.902 3.099
202006 2.594 108.767 3.087
202009 2.590 109.815 3.052
202012 2.587 109.897 3.047
202103 2.563 111.754 2.968
202106 3.348 114.631 3.780
202109 3.346 115.734 3.742
202112 3.355 117.630 3.691
202203 3.279 121.301 3.498
202206 3.248 125.017 3.362
202209 3.242 125.227 3.351
202212 3.237 125.222 3.346
202303 3.124 127.348 3.175
202306 3.121 128.729 3.138
202309 3.070 129.860 3.060
202312 3.259 129.419 3.259

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.


Clean Energy Fuels  (NAS:CLNE) 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.


Clean Energy Fuels Cyclically Adjusted PB Ratio Related Terms

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


Clean Energy Fuels (Clean Energy Fuels) Business Description

Industry
Traded in Other Exchanges
Address
4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The company operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. The company also builds, operates, and maintains natural gas fueling stations for customers. The company's target markets include heavy-duty trucking, airports, public transit, institutional energy users, and government fleets.
Executives
Mathieu Soulas director 4675 MACARTHUR CT, STE 800, NEWPORT BEACH CA 92660
Parker Anders Weil director 262 MCKINLEY PLACE, RIDGEWOOD NJ 07450
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430
Mitchell W Pratt officer: Sr. VP, Eng., Opp & Public Aff C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Barclay Corbus officer: Sr. VP, Strategic Development C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Andrew J Littlefair director, officer: President and CEO C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Lorraine Paskett director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Karine Boissy-rousseau director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Laurent Rene Wolffsheim director C/O SUNPOWER CORPORATION, 77 RIO ROBLES, SAN JOSE CA 95134
Robert M. Vreeland officer: Chief Financial Officer C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Total Marketing Services S.a. 10 percent owner 24 COURS MICHELET DEFENSE 10, PUTEAUX I0 92800
Thomas Maurisse director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Kenneth M Socha director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Miller James C Iii director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Vincent C Taormina director C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660

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