/term/cyclically-adjusted-pb-ratio/FRA:QC8 AFC Energy (FRA:QC8) Cyclically Adjusted PB Ratio
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AFC Energy (FRA:QC8) Cyclically Adjusted PB Ratio : 4.53 (As of Jun. 20, 2024)


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What is AFC Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-20), AFC Energy's current share price is €0.2265. AFC Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct23 was €0.05. AFC Energy's Cyclically Adjusted PB Ratio for today is 4.53.

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

FRA:QC8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 4.47   Max: 20.88
Current: 4.29

During the past 13 years, AFC Energy's highest Cyclically Adjusted PB Ratio was 20.88. The lowest was 0.77. And the median was 4.47.

FRA:QC8's Cyclically Adjusted PB Ratio is ranked worse than
79.32% of 2186 companies
in the Industrial Products industry
Industry Median: 1.84 vs FRA:QC8: 4.29

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.

AFC Energy's adjusted book value per share data of for the fiscal year that ended in Oct23 was €0.048. 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 €0.05 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AFC Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AFC Energy'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.

AFC Energy Cyclically Adjusted PB Ratio Chart

AFC Energy Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 5.45 16.61 5.09 3.31

AFC Energy Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 16.61 - 5.09 - 3.31

Competitive Comparison of AFC Energy's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, AFC Energy'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.


AFC Energy's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AFC Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AFC Energy 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.

AFC Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2265/0.05
=4.53

* 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.

AFC Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct23 is calculated as:

For example, AFC Energy's adjusted Book Value per Share data for the fiscal year that ended in Oct23 was:

Adj_Book=Book Value per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.048/130.2000*130.2000
=0.048

Current CPI (Oct23) = 130.2000.

AFC Energy Annual Data

Book Value per Share CPI Adj_Book
201410 0.042 100.100 0.055
201510 0.026 100.300 0.034
201610 0.018 101.600 0.023
201710 0.024 104.400 0.030
201810 0.012 106.700 0.015
201910 0.007 108.300 0.008
202010 0.054 109.200 0.064
202110 0.096 113.400 0.110
202210 0.072 124.300 0.075
202310 0.048 130.200 0.048

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.


AFC Energy  (FRA:QC8) 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.


AFC Energy Cyclically Adjusted PB Ratio Related Terms

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


AFC Energy (FRA:QC8) Business Description

Traded in Other Exchanges
Address
Unit 71.4 Dunsfold Park, Stovolds Hill, Cranleigh, Surrey, GBR, GU6 8TB
AFC Energy PLC is a provider of hydrogen fuel cell power systems to generate clean energy in support of the energy transition. the Company's scalable systems provide off-grid, zero-emission power that is already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications. it is also working with its partners in the deployment of products for the Maritime, Ports, Data Centers, and Rail industries, emphasizing the central role of its technology in the decarbonization of industry.

AFC Energy (FRA:QC8) Headlines

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