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Maxim Power (TSX:MXG) Cyclically Adjusted Book per Share : C$4.58 (As of Mar. 2025)


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What is Maxim 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.

Maxim Power's adjusted book value per share for the three months ended in Mar. 2025 was C$5.017. 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 C$4.58 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Maxim Power's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.40% 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 Maxim Power was 12.50% per year. The lowest was -2.90% per year. And the median was 3.10% per year.

As of today (2025-05-25), Maxim Power's current stock price is C$4.19. Maxim Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$4.58. Maxim Power's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maxim Power was 1.40. The lowest was 0.36. And the median was 0.63.


Maxim Power Cyclically Adjusted Book per Share Historical Data

The historical data trend for Maxim 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.

Maxim Power Cyclically Adjusted Book per Share Chart

Maxim 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 4.12 4.21 4.44 4.52 4.55

Maxim 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 4.55 4.59 4.58 4.55 4.58

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

For the Utilities - Independent Power Producers subindustry, Maxim 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.


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

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

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


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Maxim 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, Maxim 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)
=5.017/129.1809*129.1809
=5.017

Current CPI (Mar. 2025) = 129.1809.

Maxim Power Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.014 100.500 6.445
201509 5.089 100.421 6.546
201512 3.985 99.947 5.151
201603 3.670 101.054 4.692
201606 3.482 102.002 4.410
201609 3.168 101.765 4.021
201612 2.897 101.449 3.689
201703 2.806 102.634 3.532
201706 3.048 103.029 3.822
201709 2.949 103.345 3.686
201712 2.722 103.345 3.403
201803 2.659 105.004 3.271
201806 2.717 105.557 3.325
201809 2.651 105.636 3.242
201812 2.828 105.399 3.466
201903 2.796 106.979 3.376
201906 2.721 107.690 3.264
201909 2.765 107.611 3.319
201912 2.773 107.769 3.324
202003 2.796 107.927 3.347
202006 2.777 108.401 3.309
202009 2.789 108.164 3.331
202012 2.970 108.559 3.534
202103 3.502 110.298 4.102
202106 4.094 111.720 4.734
202109 4.451 112.905 5.093
202112 4.535 113.774 5.149
202203 4.864 117.646 5.341
202206 5.034 120.806 5.383
202209 5.493 120.648 5.882
202212 5.355 120.964 5.719
202303 5.501 122.702 5.791
202306 5.604 124.203 5.829
202309 5.505 125.230 5.679
202312 5.885 125.072 6.078
202403 6.074 126.258 6.215
202406 6.098 127.522 6.177
202409 6.316 127.285 6.410
202412 4.962 127.364 5.033
202503 5.017 129.181 5.017

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


Maxim Power  (TSX:MXG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.19/4.58
=0.91

* 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 Maxim Power was 1.40. The lowest was 0.36. And the median was 0.63.


Be Aware

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


Maxim Power Cyclically Adjusted Book per Share Related Terms

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


Maxim Power Business Description

Traded in Other Exchanges
Address
715 - 5 Avenue SW, Suite 1800, Calgary, AB, CAN, T2P 2X6
Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.
Executives
Kevin Gregory Dyck Senior Officer
Kimberly Lorna Karran Senior Officer
Robert Bruce Watson Senior Officer
Michael Raymond Mayder Director
Andrea Lynn Whyte Director
Bradley John Wall Director
Robert Emmott Senior Officer
W. Brett Wilson 10% Security Holder, Director

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