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Atlantica Sustainable Infrastructure (FRA:AY3) Cyclically Adjusted Book per Share : €17.21 (As of Sep. 2024)


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What is Atlantica Sustainable Infrastructure 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.

Atlantica Sustainable Infrastructure's adjusted book value per share for the three months ended in Sep. 2024 was €10.024. 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 €17.21 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Atlantica Sustainable Infrastructure's average Cyclically Adjusted Book Growth Rate was -4.60% 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.

As of today (2024-12-14), Atlantica Sustainable Infrastructure's current stock price is €20.67. Atlantica Sustainable Infrastructure's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €17.21. Atlantica Sustainable Infrastructure's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlantica Sustainable Infrastructure was 1.46. The lowest was 0.82. And the median was 1.12.


Atlantica Sustainable Infrastructure Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atlantica Sustainable Infrastructure'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.

Atlantica Sustainable Infrastructure Cyclically Adjusted Book per Share Chart

Atlantica Sustainable Infrastructure Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 18.95 18.16

Atlantica Sustainable Infrastructure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 18.78 18.16 18.43 18.35 17.21

Competitive Comparison of Atlantica Sustainable Infrastructure's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Atlantica Sustainable Infrastructure'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.


Atlantica Sustainable Infrastructure's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Atlantica Sustainable Infrastructure's Cyclically Adjusted PB Ratio falls into.



Atlantica Sustainable Infrastructure 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, Atlantica Sustainable Infrastructure's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.024/133.5000*133.5000
=10.024

Current CPI (Sep. 2024) = 133.5000.

Atlantica Sustainable Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201412 17.757 99.900 23.729
201503 19.448 99.600 26.067
201506 20.310 100.100 27.087
201509 18.992 100.200 25.304
201512 17.245 100.400 22.930
201603 16.635 100.400 22.119
201606 16.394 101.000 21.669
201609 16.466 101.500 21.657
201612 17.337 102.200 22.647
201703 16.946 102.700 22.028
201706 16.714 103.500 21.559
201709 15.982 104.300 20.456
201712 14.830 105.000 18.855
201803 14.195 105.100 18.031
201806 14.812 105.900 18.672
201809 15.037 106.600 18.832
201812 14.186 107.100 17.683
201903 13.497 107.000 16.840
201906 13.365 107.900 16.536
201909 13.348 108.400 16.439
201912 13.362 108.500 16.441
202003 12.255 108.600 15.065
202006 11.778 108.800 14.452
202009 12.021 109.200 14.696
202012 11.770 109.400 14.363
202103 12.374 109.700 15.059
202106 11.906 111.400 14.268
202109 11.847 112.400 14.071
202112 12.144 114.700 14.134
202203 12.690 116.500 14.542
202206 13.170 120.500 14.591
202209 13.917 122.300 15.191
202212 13.013 125.300 13.865
202303 12.274 126.800 12.923
202306 12.152 129.400 12.537
202309 12.174 130.100 12.492
202312 11.237 130.500 11.495
202403 10.902 131.600 11.059
202406 10.762 133.000 10.802
202409 10.024 133.500 10.024

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


Atlantica Sustainable Infrastructure  (FRA:AY3) 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.

Atlantica Sustainable Infrastructure's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.67/17.21
=1.20

* 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 Atlantica Sustainable Infrastructure was 1.46. The lowest was 0.82. And the median was 1.12.


Be Aware

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


Atlantica Sustainable Infrastructure Cyclically Adjusted Book per Share Related Terms

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


Atlantica Sustainable Infrastructure Business Description

Traded in Other Exchanges
Address
Great West Road, 17th Floor, Great West House, GW1, Brentford, GBR, TW8 9DF
Atlantica Sustainable Infrastructure PLC owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets. It is focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil, and Uruguay) and EMEA (Spain, Algeria and South Africa). The company's segments include North America, South America and Europe, Middle East and Africa. The renewable energy sector includes the company's activities related to the production of electricity from solar power and wind plants. Atlantica derives the majority of its revenues from EMEA, followed by South America and North America.

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