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Synex Renewable Energy (FRA:V5X) Cyclically Adjusted PB Ratio : 0.54 (As of Sep. 25, 2024)


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What is Synex Renewable Energy Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Synex Renewable Energy's current share price is €1.16. Synex Renewable Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.15. Synex Renewable Energy's Cyclically Adjusted PB Ratio for today is 0.54.

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

FRA:V5X' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.73   Max: 0.99
Current: 0.54

During the past years, Synex Renewable Energy's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.36. And the median was 0.73.

FRA:V5X's Cyclically Adjusted PB Ratio is ranked better than
74.32% of 257 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.08 vs FRA:V5X: 0.54

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.

Synex Renewable Energy's adjusted book value per share data for the three months ended in Mar. 2024 was €0.491. 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 €2.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synex Renewable Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Synex Renewable 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.

Synex Renewable Energy Cyclically Adjusted PB Ratio Chart

Synex Renewable Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.65 0.77 0.78 0.53

Synex Renewable Energy 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 0.52 0.53 0.51 0.63 0.60

Competitive Comparison of Synex Renewable Energy's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Synex Renewable 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.


Synex Renewable Energy's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Synex Renewable 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.16/2.15
=0.54

* 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.

Synex Renewable Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Synex Renewable Energy'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)
=0.491/126.2576*126.2576
=0.491

Current CPI (Mar. 2024) = 126.2576.

Synex Renewable Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.141 99.473 3.987
201409 3.119 99.394 3.962
201412 3.174 98.367 4.074
201503 3.329 99.789 4.212
201506 3.128 100.500 3.930
201509 2.802 100.421 3.523
201512 2.798 99.947 3.535
201603 2.946 101.054 3.681
201606 2.923 102.002 3.618
201609 2.782 101.765 3.452
201612 0.000 101.449 0.000
201703 2.919 102.634 3.591
201706 2.866 103.029 3.512
201709 2.797 103.345 3.417
201712 2.636 103.345 3.220
201803 2.526 105.004 3.037
201806 2.629 105.557 3.145
201809 2.552 105.636 3.050
201812 2.541 105.399 3.044
201903 2.488 106.979 2.936
201906 1.015 107.690 1.190
201909 0.920 107.611 1.079
201912 0.985 107.769 1.154
202003 0.968 107.927 1.132
202006 0.972 108.401 1.132
202009 0.886 108.164 1.034
202012 0.912 108.559 1.061
202103 0.995 110.298 1.139
202106 0.872 111.720 0.985
202109 0.000 112.905 0.000
202112 0.809 113.774 0.898
202203 0.850 117.646 0.912
202206 0.837 120.806 0.875
202209 0.715 120.648 0.748
202212 0.589 120.964 0.615
202303 0.557 122.702 0.573
202306 0.559 124.203 0.568
202309 0.438 125.230 0.442
202312 0.502 125.072 0.507
202403 0.491 126.258 0.491

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.


Synex Renewable Energy  (FRA:V5X) 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.


Synex Renewable Energy Cyclically Adjusted PB Ratio Related Terms

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


Synex Renewable Energy Business Description

Traded in Other Exchanges
Address
4248 Broughton Avenue, Niagara Falls, ON, CAN, L2E 0A4
Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric power facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others.

Synex Renewable Energy Headlines

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