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Dominion Energy (MEX:D) Cyclically Adjusted PB Ratio : 1.60 (As of Jun. 24, 2024)


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What is Dominion Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Dominion Energy's current share price is MXN877.00. Dominion Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN547.42. Dominion Energy's Cyclically Adjusted PB Ratio for today is 1.60.

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

MEX:D' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 3.2   Max: 3.98
Current: 1.49

During the past years, Dominion Energy's highest Cyclically Adjusted PB Ratio was 3.98. The lowest was 1.24. And the median was 3.20.

MEX:D's Cyclically Adjusted PB Ratio is ranked worse than
54.47% of 459 companies
in the Utilities - Regulated industry
Industry Median: 1.36 vs MEX:D: 1.49

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.

Dominion Energy's adjusted book value per share data for the three months ended in Mar. 2024 was MXN508.088. 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 MXN547.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dominion Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dominion 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.

Dominion Energy Cyclically Adjusted PB Ratio Chart

Dominion Energy 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 3.34 2.91 2.78 2.00 1.45

Dominion 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 1.78 1.62 1.38 1.45 1.49

Competitive Comparison of Dominion Energy's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Dominion 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.


Dominion Energy's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dominion Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dominion 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=877.00/547.42
=1.60

* 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.

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

For example, Dominion 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)
=508.088/131.7762*131.7762
=508.088

Current CPI (Mar. 2024) = 131.7762.

Dominion Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 257.468 100.560 337.394
201409 266.120 100.428 349.189
201412 291.344 99.070 387.527
201503 310.704 99.621 410.991
201506 327.943 100.684 429.215
201509 357.412 100.392 469.147
201512 365.365 99.792 482.466
201603 371.384 100.470 487.104
201606 427.179 101.688 553.575
201609 461.277 101.861 596.748
201612 479.477 101.863 620.283
201703 446.538 102.862 572.057
201706 429.606 103.349 547.773
201709 458.772 104.136 580.543
201712 521.954 104.011 661.286
201803 492.139 105.290 615.942
201806 542.735 106.317 672.702
201809 527.452 106.507 652.594
201812 579.737 105.998 720.727
201903 650.849 107.251 799.683
201906 624.373 108.070 761.339
201909 664.224 108.329 807.989
201912 666.334 108.420 809.877
202003 792.006 108.902 958.366
202006 727.746 108.767 881.695
202009 648.355 109.815 778.016
202012 585.654 109.897 702.252
202103 616.578 111.754 727.043
202106 596.021 114.631 685.165
202109 622.419 115.734 708.692
202112 646.444 117.630 724.189
202203 631.873 121.301 686.440
202206 641.116 125.017 675.780
202209 646.916 125.227 680.752
202212 604.166 125.222 635.789
202303 572.941 127.348 592.864
202306 545.758 128.729 558.678
202309 546.188 129.860 554.250
202312 521.502 129.419 530.999
202403 508.088 131.776 508.088

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.


Dominion Energy  (MEX:D) 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.


Dominion Energy Cyclically Adjusted PB Ratio Related Terms

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


Dominion Energy (MEX:D) Business Description

Address
120 Tredegar Street, Richmond, VA, USA, 23219
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.