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GreenPower Motor Company (GreenPower Motor Company) Cyclically Adjusted Book per Share : $0.69 (As of Dec. 2023)


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What is GreenPower Motor Company 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.

GreenPower Motor Company's adjusted book value per share for the three months ended in Dec. 2023 was $0.723. 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 $0.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GreenPower Motor Company's average Cyclically Adjusted Book Growth Rate was 5.80% 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 (2024-06-18), GreenPower Motor Company's current stock price is $1.11. GreenPower Motor Company's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.69. GreenPower Motor Company's Cyclically Adjusted PB Ratio of today is 1.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GreenPower Motor Company was 68.95. The lowest was 1.67. And the median was 6.23.


GreenPower Motor Company Cyclically Adjusted Book per Share Historical Data

The historical data trend for GreenPower Motor Company'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.

GreenPower Motor Company Cyclically Adjusted Book per Share Chart

GreenPower Motor Company Annual Data
Trend Feb14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.49 0.62 0.66

GreenPower Motor Company Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.63 0.66 0.70 0.67 0.69

Competitive Comparison of GreenPower Motor Company's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, GreenPower Motor Company'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.


GreenPower Motor Company's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenPower Motor Company's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GreenPower Motor Company's Cyclically Adjusted PB Ratio falls into.



GreenPower Motor Company 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, GreenPower Motor Company'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)
=0.723/125.0724*125.0724
=0.723

Current CPI (Dec. 2023) = 125.0724.

GreenPower Motor Company Quarterly Data

Book Value per Share CPI Adj_Book
201402 1.009 98.051 1.287
201405 1.014 99.394 1.276
201408 0.990 99.315 1.247
201411 0.865 99.078 1.092
201503 0.158 99.789 0.198
201506 0.129 100.500 0.161
201509 0.093 100.421 0.116
201512 0.191 99.947 0.239
201603 0.171 101.054 0.212
201606 0.157 102.002 0.193
201609 0.123 101.765 0.151
201612 0.219 101.449 0.270
201703 0.167 102.634 0.204
201706 0.165 103.029 0.200
201709 0.147 103.345 0.178
201712 0.142 103.345 0.172
201803 0.163 105.004 0.194
201806 0.125 105.557 0.148
201809 0.095 105.636 0.112
201812 0.031 105.399 0.037
201903 -0.006 106.979 -0.007
201906 0.159 107.690 0.185
201909 0.126 107.611 0.146
201912 0.057 107.769 0.066
202003 -0.076 107.927 -0.088
202006 -0.154 108.401 -0.178
202009 1.826 108.164 2.111
202012 1.793 108.559 2.066
202103 1.730 110.298 1.962
202106 1.718 111.720 1.923
202109 1.661 112.905 1.840
202112 1.590 113.774 1.748
202203 1.485 117.646 1.579
202206 1.368 120.806 1.416
202209 1.241 120.648 1.287
202212 1.158 120.964 1.197
202303 1.119 122.702 1.141
202306 1.050 124.203 1.057
202309 0.896 125.230 0.895
202312 0.723 125.072 0.723

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


GreenPower Motor Company  (NAS:GP) 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.

GreenPower Motor Company's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.11/0.69
=1.61

* 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 GreenPower Motor Company was 68.95. The lowest was 1.67. And the median was 6.23.


Be Aware

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


GreenPower Motor Company Cyclically Adjusted Book per Share Related Terms

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


GreenPower Motor Company (GreenPower Motor Company) Business Description

Traded in Other Exchanges
Address
209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Company Inc is the manufacturer and distributor of all-electric charter, school and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes All-electric transit buses and All-electric school and shuttle buses. The company's buses depend on clean sheet design and utilise a custom battery management system and a proprietary flex power system for the drive motors. The company operates in one reportable operating segment, being the manufacture and distribution of all-electric transit, school, and charter buses.
Executives
Fraser Atkinson director, 10 percent owner, officer: CEO and Chairman C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046