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Dubai Electricity & Water Authority PJSC (DFM:DEWA) Cyclically Adjusted PB Ratio : 1.29 (As of May. 19, 2024)


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What is Dubai Electricity & Water Authority PJSC Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Dubai Electricity & Water Authority PJSC's current share price is د.إ2.31. Dubai Electricity & Water Authority PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was د.إ1.79. Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio for today is 1.29.

The historical rank and industry rank for Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

DFM:DEWA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.4   Max: 1.48
Current: 1.29

During the past 11 years, Dubai Electricity & Water Authority PJSC's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 1.29. And the median was 1.40.

DFM:DEWA's Cyclically Adjusted PB Ratio is ranked better than
54.36% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs DFM:DEWA: 1.29

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.

Dubai Electricity & Water Authority PJSC's adjusted book value per share data of for the fiscal year that ended in Dec23 was د.إ1.784. 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 د.إ1.79 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dubai Electricity & Water Authority PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dubai Electricity & Water Authority PJSC'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.

Dubai Electricity & Water Authority PJSC Cyclically Adjusted PB Ratio Chart

Dubai Electricity & Water Authority PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.36 1.38

Dubai Electricity & Water Authority PJSC Quarterly Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 1.38 -

Competitive Comparison of Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Dubai Electricity & Water Authority PJSC'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.


Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio falls into.



Dubai Electricity & Water Authority PJSC 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.

Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.31/1.79
=1.29

* 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.

Dubai Electricity & Water Authority PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dubai Electricity & Water Authority PJSC'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)
=1.784/129.4194*129.4194
=1.784

Current CPI (Dec23) = 129.4194.

Dubai Electricity & Water Authority PJSC Annual Data

Book Value per Share CPI Adj_Book
201212 1.027 96.871 1.372
201312 1.109 98.326 1.460
201412 1.201 99.070 1.569
201512 1.339 99.792 1.737
201612 1.483 101.863 1.884
201712 1.635 104.011 2.034
202012 1.809 109.897 2.130
202112 1.860 117.630 2.046
202212 1.789 125.222 1.849
202312 1.784 129.419 1.784

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.


Dubai Electricity & Water Authority PJSC  (DFM:DEWA) 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.


Dubai Electricity & Water Authority PJSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Dubai Electricity & Water Authority PJSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dubai Electricity & Water Authority PJSC (DFM:DEWA) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Road, Umm Hurair 2, P.O. Box 564, Near Wafi Mall, Happiness Center Zaabeel East, Dubai, ARE
Dubai Electricity & Water Authority PJSC is engaged in water desalination and distribution and the generation, transmission and distribution of electricity, throughout the Emirate of Dubai. The group is organised into four segments: Electricity, Water, District cooling charges, and others. It generates maximum revenue from the Electricity segment.

Dubai Electricity & Water Authority PJSC (DFM:DEWA) Headlines

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