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Huaneng Power International (FRA:HUP1) Cyclically Adjusted PB Ratio : 1.65 (As of May. 14, 2024)


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What is Huaneng Power International Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Huaneng Power International's current share price is €0.595. Huaneng Power International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.36. Huaneng Power International's Cyclically Adjusted PB Ratio for today is 1.65.

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

FRA:HUP1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.41   Max: 3.08
Current: 1.44

During the past years, Huaneng Power International's highest Cyclically Adjusted PB Ratio was 3.08. The lowest was 0.68. And the median was 1.41.

FRA:HUP1's Cyclically Adjusted PB Ratio is ranked worse than
57.31% of 260 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.22 vs FRA:HUP1: 1.44

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.

Huaneng Power International's adjusted book value per share data for the three months ended in Mar. 2024 was €1.109. 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 €0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaneng Power International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Huaneng Power International'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.

Huaneng Power International Cyclically Adjusted PB Ratio Chart

Huaneng Power International 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 1.09 0.82 1.66 1.24 1.19

Huaneng Power International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 1.47 1.23 1.19 1.43

Competitive Comparison of Huaneng Power International's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.


Huaneng Power International's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Huaneng Power International 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.

Huaneng Power International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.595/0.36
=1.65

* 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.

Huaneng Power International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Huaneng Power International's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.109/114.6694*114.6694
=1.109

Current CPI (Mar. 2024) = 114.6694.

Huaneng Power International Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.534 98.200 0.624
201409 0.586 98.900 0.679
201412 0.682 99.000 0.790
201503 0.723 99.900 0.830
201506 0.697 99.500 0.803
201509 0.686 100.500 0.783
201512 0.744 100.600 0.848
201603 0.761 102.200 0.854
201606 0.707 101.400 0.800
201609 0.727 102.400 0.814
201612 0.796 102.600 0.890
201703 0.659 103.200 0.732
201706 0.598 103.100 0.665
201709 0.639 104.100 0.704
201712 0.641 104.500 0.703
201803 0.648 105.300 0.706
201806 0.662 104.900 0.724
201809 0.643 106.600 0.692
201812 0.677 106.500 0.729
201903 0.724 107.700 0.771
201906 0.704 107.700 0.750
201909 0.735 109.800 0.768
201912 0.806 111.200 0.831
202003 0.842 112.300 0.860
202006 0.936 110.400 0.972
202009 1.010 111.700 1.037
202012 0.974 111.500 1.002
202103 1.018 112.662 1.036
202106 0.995 111.769 1.021
202109 0.979 112.215 1.000
202112 0.934 113.108 0.947
202203 0.954 114.335 0.957
202206 0.919 114.558 0.920
202209 0.939 115.339 0.934
202212 0.936 115.116 0.932
202303 1.102 115.116 1.098
202306 1.081 114.558 1.082
202309 1.124 115.339 1.117
202312 1.081 114.669 1.081
202403 1.109 114.669 1.109

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.


Huaneng Power International  (FRA:HUP1) 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.


Huaneng Power International Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Huaneng Power International's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Huaneng Power International (FRA:HUP1) Business Description

Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

Huaneng Power International (FRA:HUP1) Headlines

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