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NPIFF (Northland Power) Cyclically Adjusted Book per Share : $6.76 (As of Mar. 2025)


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What is Northland 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.

Northland Power's adjusted book value per share for the three months ended in Mar. 2025 was $11.245. 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 $6.76 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Northland Power'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 18.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Northland Power was 18.10% per year. The lowest was -5.70% per year. And the median was -3.55% per year.

As of today (2025-05-23), Northland Power's current stock price is $14.5095. Northland Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $6.76. Northland Power's Cyclically Adjusted PB Ratio of today is 2.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northland Power was 9.42. The lowest was 1.79. And the median was 3.79.


Northland Power Cyclically Adjusted Book per Share Historical Data

The historical data trend for Northland 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.

Northland Power Cyclically Adjusted Book per Share Chart

Northland 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 4.24 4.46 5.00 6.19 6.55

Northland 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 6.22 6.44 6.68 6.55 6.76

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

For the Utilities - Renewable subindustry, Northland 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.


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

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

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


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Northland 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, Northland 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)
=11.245/129.1809*129.1809
=11.245

Current CPI (Mar. 2025) = 129.1809.

Northland Power Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.988 100.500 5.126
201509 3.369 100.421 4.334
201512 3.129 99.947 4.044
201603 2.804 101.054 3.584
201606 2.791 102.002 3.535
201609 2.519 101.765 3.198
201612 2.926 101.449 3.726
201703 3.073 102.634 3.868
201706 3.088 103.029 3.872
201709 3.180 103.345 3.975
201712 3.058 103.345 3.823
201803 3.398 105.004 4.180
201806 3.250 105.557 3.977
201809 3.401 105.636 4.159
201812 3.330 105.399 4.081
201903 3.534 106.979 4.267
201906 3.301 107.690 3.960
201909 3.203 107.611 3.845
201912 3.378 107.769 4.049
202003 4.184 107.927 5.008
202006 4.782 108.401 5.699
202009 4.746 108.164 5.668
202012 5.916 108.559 7.040
202103 5.319 110.298 6.230
202106 8.134 111.720 9.405
202109 7.681 112.905 8.788
202112 8.595 113.774 9.759
202203 10.030 117.646 11.013
202206 10.897 120.806 11.652
202209 11.706 120.648 12.534
202212 12.502 120.964 13.351
202303 12.567 122.702 13.231
202306 12.755 124.203 13.266
202309 12.542 125.230 12.938
202312 11.813 125.072 12.201
202403 11.812 126.258 12.085
202406 11.821 127.522 11.975
202409 11.309 127.285 11.477
202412 10.912 127.364 11.068
202503 11.245 129.181 11.245

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


Northland Power  (OTCPK:NPIFF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.5095/6.76
=2.15

* 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 Northland Power was 9.42. The lowest was 1.79. And the median was 3.79.


Be Aware

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


Northland Power Cyclically Adjusted Book per Share Related Terms

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


Northland Power Business Description

Address
30 Street Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.