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Power of Canada (Power of Canada) Cyclically Adjusted Book per Share : $19.84 (As of Mar. 2024)


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What is Power of Canada 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.

Power of Canada's adjusted book value per share for the three months ended in Mar. 2024 was $13.890. 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 $19.84 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Power of Canada was 9.70% per year. The lowest was 1.50% per year. And the median was 3.65% per year.

As of today (2024-05-20), Power of Canada's current stock price is $29.18. Power of Canada's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.84. Power of Canada's Cyclically Adjusted PB Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Power of Canada was 1.73. The lowest was 0.77. And the median was 1.33.


Power of Canada Cyclically Adjusted Book per Share Historical Data

The historical data trend for Power of Canada'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.

Power of Canada Cyclically Adjusted Book per Share Chart

Power of Canada 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 19.29 19.38 20.09 19.60 20.24

Power of Canada Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.80 20.36 19.93 20.24 19.84

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

For the Insurance - Life subindustry, Power of Canada'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.


Power of Canada's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Power of Canada's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Power of Canada 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, Power of Canada's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.89/126.2576*126.2576
=13.890

Current CPI (Mar. 2024) = 126.2576.

Power of Canada Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.933 99.473 25.300
201409 20.199 99.394 25.658
201412 19.519 98.367 25.053
201503 18.964 99.789 23.994
201506 19.944 100.500 25.055
201509 19.334 100.421 24.308
201512 19.403 99.947 24.511
201603 19.104 101.054 23.869
201606 19.271 102.002 23.854
201609 19.675 101.765 24.410
201612 19.760 101.449 24.592
201703 20.087 102.634 24.711
201706 20.361 103.029 24.952
201709 22.228 103.345 27.156
201712 21.815 103.345 26.652
201803 22.323 105.004 26.841
201806 21.995 105.557 26.308
201809 21.803 105.636 26.059
201812 21.388 105.399 25.621
201903 21.765 106.979 25.687
201906 21.467 107.690 25.168
201909 21.643 107.611 25.393
201912 22.236 107.769 26.051
202003 10.828 107.927 12.667
202006 11.319 108.401 13.183
202009 12.207 108.164 14.249
202012 13.480 108.559 15.678
202103 13.563 110.298 15.526
202106 15.802 111.720 17.858
202109 15.692 112.905 17.548
202112 13.312 113.774 14.773
202203 15.081 117.646 16.185
202206 14.806 120.806 15.474
202209 14.381 120.648 15.050
202212 12.624 120.964 13.176
202303 12.858 122.702 13.231
202306 12.952 124.203 13.166
202309 13.421 125.230 13.531
202312 13.609 125.072 13.738
202403 13.890 126.258 13.890

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


Power of Canada  (OTCPK:PWCDF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.18/19.84
=1.47

* 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 Power of Canada was 1.73. The lowest was 0.77. And the median was 1.33.


Be Aware

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


Power of Canada Cyclically Adjusted Book per Share Related Terms

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


Power of Canada (Power of Canada) Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).