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Romande Energie Holding (FRA:CVN) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is Romande Energie Holding Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Romande Energie Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Romande Energie Holding'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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Romande Energie Holding Cyclically Adjusted PB Ratio Chart

Romande Energie Holding 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 0.65 0.64 0.77 0.61 0.74

Romande Energie Holding Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.61 - 0.74 -

Competitive Comparison of Romande Energie Holding's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Romande Energie Holding'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.


Romande Energie Holding's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Romande Energie Holding's Cyclically Adjusted PB Ratio falls into.



Romande Energie Holding 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.

Romande Energie Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Romande Energie Holding'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)
=85.961/106.4612*106.4612
=85.961

Current CPI (Dec23) = 106.4612.

Romande Energie Holding Annual Data

Book Value per Share CPI Adj_Book
201412 55.882 100.704 59.077
201512 58.657 99.386 62.833
201612 60.675 99.380 64.999
201712 60.484 100.213 64.255
201812 63.760 100.906 67.270
201912 65.130 101.063 68.609
202012 68.046 100.241 72.269
202112 70.245 101.776 73.479
202212 75.248 104.666 76.538
202312 85.961 106.461 85.961

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.


Romande Energie Holding  (FRA:CVN) 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.


Romande Energie Holding Cyclically Adjusted PB Ratio Related Terms

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Romande Energie Holding Business Description

Traded in Other Exchanges
Address
Rue de Lausanne 53, P.O. Box 950, Morges 1, CHE, CH-1110
Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets.

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