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Edisun Power Europe AG (CHIX:ESUNZ) Cyclically Adjusted PB Ratio : 1.61 (As of Jun. 09, 2024)


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What is Edisun Power Europe AG Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Edisun Power Europe AG's current share price is CHF91.00. Edisun Power Europe AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF56.51. Edisun Power Europe AG's Cyclically Adjusted PB Ratio for today is 1.61.

The historical rank and industry rank for Edisun Power Europe AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:ESUNz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 2.26   Max: 3.92
Current: 1.53

During the past 13 years, Edisun Power Europe AG's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 0.56. And the median was 2.26.

CHIX:ESUNz's Cyclically Adjusted PB Ratio is ranked worse than
59.85% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs CHIX:ESUNz: 1.53

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.

Edisun Power Europe AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF93.018. 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 CHF56.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edisun Power Europe AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Edisun Power Europe AG'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.

* Premium members only.

Edisun Power Europe AG Cyclically Adjusted PB Ratio Chart

Edisun Power Europe AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.37 2.77 2.81 2.32 1.92

Edisun Power Europe AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 2.81 - 2.32 - 1.92

Competitive Comparison of Edisun Power Europe AG's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Edisun Power Europe AG'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.


Edisun Power Europe AG's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Edisun Power Europe AG 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.

Edisun Power Europe AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.00/56.51
=1.61

* 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.

Edisun Power Europe AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Edisun Power Europe AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=93.018/106.4612*106.4612
=93.018

Current CPI (Dec23) = 106.4612.

Edisun Power Europe AG Annual Data

Book Value per Share CPI Adj_Book
201412 30.043 100.704 31.761
201512 21.637 99.386 23.177
201612 23.316 99.380 24.977
201712 36.405 100.213 38.675
201812 38.244 100.906 40.349
201912 77.048 101.063 81.163
202012 78.914 100.241 83.811
202112 77.340 101.776 80.901
202212 73.814 104.666 75.080
202312 93.018 106.461 93.018

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.


Edisun Power Europe AG  (CHIX:ESUNz) 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.


Edisun Power Europe AG Cyclically Adjusted PB Ratio Related Terms

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Edisun Power Europe AG (CHIX:ESUNZ) Business Description

Traded in Other Exchanges
Address
Universitatstrasse 51, Zurich, CHE, 8006
Edisun Power Europe AG is an independent power producer. It finances and operates photovoltaic systems (PV) in Europe and sells solar energy to local electricity companies. It operates in Switzerland, Germany, Spain, Italy and France. It derives most of its revenue from Spain.

Edisun Power Europe AG (CHIX:ESUNZ) Headlines

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