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Ceres Power Holdings (Ceres Power Holdings) Cyclically Adjusted Book per Share : $0.81 (As of Dec. 2023)


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What is Ceres Power Holdings 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.

Ceres Power Holdings's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was $1.185. 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 $0.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ceres Power Holdings's average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -17.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ceres Power Holdings was 1.50% per year. The lowest was -28.40% per year. And the median was -12.85% per year.

As of today (2024-05-14), Ceres Power Holdings's current stock price is $ 2.31. Ceres Power Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was $0.81. Ceres Power Holdings's Cyclically Adjusted PB Ratio of today is 2.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ceres Power Holdings was 17.18. The lowest was 0.17. And the median was 1.04.


Ceres Power Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Cyclically Adjusted Book per Share Chart

Ceres Power Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 - 0.80 0.68 0.81

Ceres Power Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.80 - 0.68 - 0.81

Competitive Comparison of Ceres Power Holdings's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.


Ceres Power Holdings's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ceres Power Holdings 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, Ceres Power Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.185/130.0000*130.0000
=1.185

Current CPI (Dec. 2023) = 130.0000.

Ceres Power Holdings Annual Data

Book Value per Share CPI Adj_Book
201406 0.254 99.800 0.331
201506 0.377 100.100 0.490
201606 0.170 101.000 0.219
201706 0.259 103.500 0.325
201806 0.152 105.900 0.187
201906 0.701 107.900 0.845
202012 1.058 109.400 1.257
202112 1.949 114.700 2.209
202212 1.482 125.300 1.538
202312 1.185 130.000 1.185

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


Ceres Power Holdings  (OTCPK:CPWHF) 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.

Ceres Power Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.31/0.81
=2.85

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Ceres Power Holdings was 17.18. The lowest was 0.17. And the median was 1.04.


Be Aware

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


Ceres Power Holdings Cyclically Adjusted Book per Share Related Terms

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


Ceres Power Holdings (Ceres Power Holdings) Business Description

Traded in Other Exchanges
Address
Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Group has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.

Ceres Power Holdings (Ceres Power Holdings) Headlines