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MOSENERGO (MIC:MSNG) Cyclically Adjusted Book per Share : ₽10.11 (As of Sep. 2023)


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What is MOSENERGO 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.

MOSENERGO's adjusted book value per share for the three months ended in Sep. 2023 was ₽9.953. 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 ₽10.11 for the trailing ten years ended in Sep. 2023.

During the past 12 months, MOSENERGO's average Cyclically Adjusted Book Growth Rate was 6.00% 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.

As of today (2024-09-21), MOSENERGO's current stock price is ₽2.2145. MOSENERGO's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₽10.11. MOSENERGO's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MOSENERGO was 0.35. The lowest was 0.17. And the median was 0.27.


MOSENERGO Cyclically Adjusted Book per Share Historical Data

The historical data trend for MOSENERGO'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.

MOSENERGO Cyclically Adjusted Book per Share Chart

MOSENERGO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.52 8.12 8.70

MOSENERGO Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 9.54 - - 9.95 10.11

Competitive Comparison of MOSENERGO's Cyclically Adjusted Book per Share

For the Utilities - Independent Power Producers subindustry, MOSENERGO'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.


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

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

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



MOSENERGO 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, MOSENERGO's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=9.953/242.6000*242.6000
=9.953

Current CPI (Sep. 2023) = 242.6000.

MOSENERGO Quarterly Data

Book Value per Share CPI Adj_Book
201306 5.291 121.400 10.573
201309 5.254 122.800 10.380
201312 6.523 124.900 12.670
201403 6.633 127.800 12.591
201406 6.476 130.900 12.002
201409 6.303 132.700 11.523
201412 6.089 139.000 10.627
201503 6.276 149.400 10.191
201506 6.262 150.900 10.067
201509 6.124 153.500 9.679
201512 5.854 157.000 9.046
201603 6.062 160.200 9.180
201606 6.051 162.200 9.050
201609 6.031 163.300 8.960
201612 6.196 165.400 9.088
201703 6.483 167.000 9.418
201706 6.474 169.200 9.282
201709 6.523 168.200 9.408
201712 6.725 169.600 9.620
201803 7.046 171.000 9.996
201806 6.892 173.100 9.659
201809 6.862 173.900 9.573
201812 6.994 176.800 9.597
201903 7.263 179.900 9.794
201906 7.105 181.200 9.513
201909 7.079 180.800 9.499
201912 8.213 182.200 10.936
202003 8.358 184.500 10.990
202006 8.278 187.000 10.739
202009 8.244 187.400 10.672
202012 8.326 191.100 10.570
202103 8.539 195.200 10.613
202106 8.351 199.100 10.176
202109 8.307 201.300 10.011
202112 7.949 207.200 9.307
202203 8.278 227.800 8.816
202206 0.000 230.800 0.000
202209 0.000 228.800 0.000
202306 10.074 238.300 10.256
202309 9.953 242.600 9.953

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


MOSENERGO  (MIC:MSNG) 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.

MOSENERGO's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.2145/10.11
=0.22

* 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 MOSENERGO was 0.35. The lowest was 0.17. And the median was 0.27.


Be Aware

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


MOSENERGO Cyclically Adjusted Book per Share Related Terms

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


MOSENERGO Business Description

Traded in Other Exchanges
N/A
Address
101/3, Prospekt Vernadskogo, Moscow, RUS, 119526
MOSENERGO is a Russian heat producer company. It is involved in the generation of heat and electric power and heat distribution services in the Moscow city and Moscow region. The firm operates in two primary reportable segments: Electric and heat energy, that generate majority revenue from the manufacturing and sale of electric and heat energy respectively. The other segments consist of services and products sold by the Group such as rental services, feed water sales, and maintenance services.

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