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Energy Developments (ASX:ENE) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is Energy Developments Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Developments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Energy Developments's Cyclically Adjusted PB Ratio 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.

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Energy Developments Cyclically Adjusted PB Ratio Chart

Energy Developments Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted PB Ratio
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Energy Developments Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Energy Developments's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Energy Developments'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.


Energy Developments's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energy Developments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Energy Developments Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Energy Developments's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun15 is calculated as:

For example, Energy Developments's adjusted Book Value per Share data for the fiscal year that ended in Jun15 was:

Adj_Book=Book Value per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=2.178/99.8375*99.8375
=2.178

Current CPI (Jun15) = 99.8375.

Energy Developments Annual Data

Book Value per Share CPI Adj_Book
200606 2.099 79.777 2.627
200706 1.952 81.449 2.393
200806 2.014 85.071 2.364
200906 1.825 86.278 2.112
201006 1.799 88.971 2.019
201106 1.657 92.129 1.796
201206 1.584 93.244 1.696
201306 1.947 95.473 2.036
201406 2.262 98.352 2.296
201506 2.178 99.838 2.178

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


Energy Developments  (ASX:ENE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Energy Developments Cyclically Adjusted PB Ratio Related Terms

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Energy Developments (ASX:ENE) Business Description

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Energy Developments Limited is an provider of low emissions, renewable and remote energy. It is involved in project development, finance, design, operation and maintenance of international power generating and energy delivery projects.

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