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Legend Power Systems (FRA:XLE1) Cyclically Adjusted PB Ratio : 3.83 (As of Jun. 08, 2024)


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What is Legend Power Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Legend Power Systems's current share price is €0.115. Legend Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.03. Legend Power Systems's Cyclically Adjusted PB Ratio for today is 3.83.

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

FRA:XLE1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 2.47   Max: 14.67
Current: 3.01

During the past years, Legend Power Systems's highest Cyclically Adjusted PB Ratio was 14.67. The lowest was 0.07. And the median was 2.47.

FRA:XLE1's Cyclically Adjusted PB Ratio is ranked worse than
68.65% of 2169 companies
in the Industrial Products industry
Industry Median: 1.89 vs FRA:XLE1: 3.01

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.

Legend Power Systems's adjusted book value per share data for the three months ended in Mar. 2024 was €0.011. 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 €0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legend Power Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Legend Power Systems'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.

Legend Power Systems Cyclically Adjusted PB Ratio Chart

Legend Power Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 5.61 8.07 3.07 2.72

Legend Power Systems 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 5.49 2.70 2.72 2.30 1.51

Competitive Comparison of Legend Power Systems's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Legend Power Systems'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.


Legend Power Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Legend Power Systems 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.

Legend Power Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.115/0.03
=3.83

* 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.

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

For example, Legend Power Systems'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)
=0.011/126.2576*126.2576
=0.011

Current CPI (Mar. 2024) = 126.2576.

Legend Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.015 99.473 0.019
201409 0.035 99.394 0.044
201412 0.028 98.367 0.036
201503 0.031 99.789 0.039
201506 0.025 100.500 0.031
201509 0.014 100.421 0.018
201512 0.030 99.947 0.038
201603 0.029 101.054 0.036
201606 0.026 102.002 0.032
201609 0.015 101.765 0.019
201612 0.031 101.449 0.039
201703 0.029 102.634 0.036
201706 0.028 103.029 0.034
201709 0.034 103.345 0.042
201712 0.040 103.345 0.049
201803 0.036 105.004 0.043
201806 0.094 105.557 0.112
201809 0.088 105.636 0.105
201812 0.081 105.399 0.097
201903 0.074 106.979 0.087
201906 0.067 107.690 0.079
201909 0.052 107.611 0.061
201912 0.043 107.769 0.050
202003 0.031 107.927 0.036
202006 0.026 108.401 0.030
202009 0.021 108.164 0.025
202012 0.017 108.559 0.020
202103 0.015 110.298 0.017
202106 0.063 111.720 0.071
202109 0.058 112.905 0.065
202112 0.053 113.774 0.059
202203 0.047 117.646 0.050
202206 0.040 120.806 0.042
202209 0.034 120.648 0.036
202212 0.026 120.964 0.027
202303 0.019 122.702 0.020
202306 0.014 124.203 0.014
202309 0.021 125.230 0.021
202312 0.016 125.072 0.016
202403 0.011 126.258 0.011

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.


Legend Power Systems  (FRA:XLE1) 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.


Legend Power Systems Cyclically Adjusted PB Ratio Related Terms

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


Legend Power Systems (FRA:XLE1) Business Description

Traded in Other Exchanges
Address
1480 Frances Street, Vancouver, BC, CAN, V5L 1Y9
Legend Power Systems Inc together with its subsidiaries provides electrical energy conservation solutions to commercial and industrial customers in Canada. The Company's principal business activities are the assembly, marketing and sale of a patented device which is the SmartGATE, which enables dynamic power management of an entire commercial or industrial building. Business operating segments are based on geographical location of sale and installation of the SmartGATE products: Legend Power Systems Canada and Legend Power Systems Corp - U.S. Geographically, it derives a majority of revenue from Canada and also has a presence in the United States.

Legend Power Systems (FRA:XLE1) Headlines

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