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Capital Power (FRA:2CP) Cyclically Adjusted Book per Share : €19.40 (As of Mar. 2025)


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What is Capital Power 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.

Capital Power's adjusted book value per share for the three months ended in Mar. 2025 was €21.464. 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 €19.40 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Capital Power's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Capital Power was 7.00% per year. The lowest was 3.10% per year. And the median was 5.00% per year.

As of today (2025-05-23), Capital Power's current stock price is €34.60. Capital Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €19.40. Capital Power's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Capital Power was 2.27. The lowest was 0.99. And the median was 1.44.


Capital Power Cyclically Adjusted Book per Share Historical Data

The historical data trend for Capital Power'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.

Capital Power Cyclically Adjusted Book per Share Chart

Capital Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.02 18.89 20.01 19.80 20.09

Capital Power Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.23 20.47 20.08 20.09 19.40

Competitive Comparison of Capital Power's Cyclically Adjusted Book per Share

For the Utilities - Independent Power Producers subindustry, Capital 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.


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

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

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


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Capital Power 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, Capital Power's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=21.464/129.1809*129.1809
=21.464

Current CPI (Mar. 2025) = 129.1809.

Capital Power Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.442 100.500 24.990
201509 18.759 100.421 24.131
201512 15.701 99.947 20.293
201603 18.637 101.054 23.824
201606 18.514 102.002 23.447
201609 18.790 101.765 23.852
201612 16.135 101.449 20.546
201703 19.315 102.634 24.311
201706 19.566 103.029 24.533
201709 20.348 103.345 25.435
201712 14.001 103.345 17.501
201803 17.703 105.004 21.779
201806 18.456 105.557 22.586
201809 19.001 105.636 23.236
201812 14.147 105.399 17.339
201903 18.459 106.979 22.290
201906 20.368 107.690 24.433
201909 19.222 107.611 23.075
201912 13.690 107.769 16.410
202003 18.912 107.927 22.636
202006 18.562 108.401 22.120
202009 18.161 108.164 21.690
202012 11.767 108.559 14.002
202103 18.569 110.298 21.748
202106 18.766 111.720 21.699
202109 18.244 112.905 20.874
202112 12.425 113.774 14.108
202203 18.157 117.646 19.937
202206 18.935 120.806 20.248
202209 18.246 120.648 19.536
202212 11.004 120.964 11.751
202303 16.416 122.702 17.283
202306 16.496 124.203 17.157
202309 19.019 125.230 19.619
202312 15.026 125.072 15.520
202403 20.142 126.258 20.608
202406 20.233 127.522 20.496
202409 19.224 127.285 19.510
202412 19.886 127.364 20.170
202503 21.464 129.181 21.464

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


Capital Power  (FRA:2CP) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.60/19.40
=1.78

* 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 Capital Power was 2.27. The lowest was 0.99. And the median was 1.44.


Be Aware

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


Capital Power Cyclically Adjusted Book per Share Related Terms

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


Capital Power Business Description

Address
10423 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for its electric capacity and cash flow production. The company generates the vast majority of its revenue from sale of electricity and natural gas. The company's customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

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