Genesis Energy (NZSE:GNE) Cyclically Adjusted PB Ratio : 0.98 (As of Apr. 27, 2024)

Genesis Energy Cyclically Adjusted PB Ratio Chart

Genesis Energy Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial					-	-	-	-	1.16

Genesis Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															-	-	-	1.16	-

Competitive Comparison of Genesis Energy's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Genesis 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.

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

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

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

Genesis 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.

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

* 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.

Genesis Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Genesis Energy's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Current CPI (Jun23) = 125.8458.

Genesis Energy Annual Data

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.

Genesis Energy  (NZSE:GNE) 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.

Genesis Energy Cyclically Adjusted PB Ratio Related Terms

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

Genesis Energy (NZSE:GNE) Business Description