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Ameresco (STU:4AM) Cyclically Adjusted PB Ratio : 3.26 (As of Jun. 08, 2024)


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What is Ameresco Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Ameresco's current share price is €32.42. Ameresco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.94. Ameresco's Cyclically Adjusted PB Ratio for today is 3.26.

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

STU:4AM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 4.38   Max: 11.96
Current: 3.1

During the past years, Ameresco's highest Cyclically Adjusted PB Ratio was 11.96. The lowest was 1.64. And the median was 4.38.

STU:4AM's Cyclically Adjusted PB Ratio is ranked worse than
83.24% of 1253 companies
in the Construction industry
Industry Median: 1.13 vs STU:4AM: 3.10

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.

Ameresco's adjusted book value per share data for the three months ended in Mar. 2024 was €15.912. 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 €9.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameresco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ameresco'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.

Ameresco Cyclically Adjusted PB Ratio Chart

Ameresco 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 2.63 7.18 9.63 5.84 2.88

Ameresco 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 4.84 4.63 3.57 2.88 2.11

Competitive Comparison of Ameresco's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Ameresco'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.


Ameresco's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ameresco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ameresco 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.

Ameresco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.42/9.94
=3.26

* 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.

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

For example, Ameresco'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)
=15.912/131.7762*131.7762
=15.912

Current CPI (Mar. 2024) = 131.7762.

Ameresco Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.334 100.560 5.679
201409 4.708 100.428 6.178
201412 5.009 99.070 6.663
201503 5.584 99.621 7.386
201506 5.465 100.684 7.153
201509 5.502 100.392 7.222
201512 5.652 99.792 7.463
201603 5.545 100.470 7.273
201606 5.521 101.688 7.155
201609 5.653 101.861 7.313
201612 6.104 101.863 7.897
201703 6.107 102.862 7.824
201706 5.927 103.349 7.557
201709 5.753 104.136 7.280
201712 6.247 104.011 7.915
201803 6.069 105.290 7.596
201806 6.564 106.317 8.136
201809 6.789 106.507 8.400
201812 7.159 105.998 8.900
201903 7.291 107.251 8.958
201906 7.443 108.070 9.076
201909 7.761 108.329 9.441
201912 8.172 108.420 9.932
202003 8.232 108.902 9.961
202006 8.182 108.767 9.913
202009 8.213 109.815 9.855
202012 8.400 109.897 10.072
202103 10.304 111.754 12.150
202106 10.428 114.631 11.988
202109 11.026 115.734 12.554
202112 12.052 117.630 13.501
202203 12.792 121.301 13.897
202206 13.987 125.017 14.743
202209 15.519 125.227 16.331
202212 14.974 125.222 15.758
202303 14.880 127.348 15.397
202306 14.915 128.729 15.268
202309 15.580 129.860 15.810
202312 15.822 129.419 16.110
202403 15.912 131.776 15.912

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.


Ameresco  (STU:4AM) 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.


Ameresco Cyclically Adjusted PB Ratio Related Terms

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


Ameresco (STU:4AM) Business Description

Industry
Traded in Other Exchanges
Address
111 Speen Street, Suite 410, Framingham, MA, USA, 01701
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.

Ameresco (STU:4AM) Headlines

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