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Ballard Power Systems (XSWX:BLD) Cyclically Adjusted Book per Share : CHF0.00 (As of Jun. 2024)


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What is Ballard Power Systems Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Ballard Power Systems's adjusted book value per share for the three months ended in Jun. 2024 was CHF2.764. 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 CHF0.00 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Ballard Power Systems's average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 31.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.70% 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 Ballard Power Systems was 31.20% per year. The lowest was -23.60% per year. And the median was -9.00% per year.

As of today (2024-09-22), Ballard Power Systems's current stock price is CHF14.00. Ballard Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was CHF0.00. Ballard Power Systems's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ballard Power Systems was 41.50. The lowest was 0.72. And the median was 3.14.


Ballard Power Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ballard Power Systems'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.

Ballard Power Systems Cyclically Adjusted Book per Share Chart

Ballard Power Systems 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 0.52 0.40 1.49 - -

Ballard Power Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Ballard Power Systems's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Ballard Power Systems'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.


Ballard Power Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ballard Power Systems 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, Ballard Power Systems's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.764/127.5217*127.5217
=2.764

Current CPI (Jun. 2024) = 127.5217.

Ballard Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.727 99.394 0.933
201412 0.605 98.367 0.784
201503 0.666 99.789 0.851
201506 0.587 100.500 0.745
201509 0.639 100.421 0.811
201512 0.726 99.947 0.926
201603 0.660 101.054 0.833
201606 0.622 102.002 0.778
201609 0.699 101.765 0.876
201612 0.728 101.449 0.915
201703 0.682 102.634 0.847
201706 0.660 103.029 0.817
201709 0.657 103.345 0.811
201712 0.664 103.345 0.819
201803 0.613 105.004 0.744
201806 0.625 105.557 0.755
201809 0.589 105.636 0.711
201812 1.209 105.399 1.463
201903 1.165 106.979 1.389
201906 1.125 107.690 1.332
201909 1.092 107.611 1.294
201912 1.053 107.769 1.246
202003 1.145 107.927 1.353
202006 1.140 108.401 1.341
202009 1.751 108.164 2.064
202012 2.837 108.559 3.333
202103 4.403 110.298 5.091
202106 4.241 111.720 4.841
202109 4.222 112.905 4.769
202112 4.109 113.774 4.606
202203 4.010 117.646 4.347
202206 4.008 120.806 4.231
202209 3.881 120.648 4.102
202212 3.620 120.964 3.816
202303 3.498 122.702 3.635
202306 3.315 124.203 3.404
202309 3.133 125.230 3.190
202312 2.875 125.072 2.931
202403 2.836 126.258 2.864
202406 2.764 127.522 2.764

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


Ballard Power Systems  (XSWX:BLD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ballard Power Systems was 41.50. The lowest was 0.72. And the median was 3.14.


Be Aware

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


Ballard Power Systems Cyclically Adjusted Book per Share Related Terms

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


Ballard Power Systems Business Description

Address
9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.

Ballard Power Systems Headlines

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