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Portland General Electric Co (Portland General Electric Co) Cyclically Adjusted PB Ratio : 1.29 (As of Apr. 27, 2024)


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What is Portland General Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Portland General Electric Co's current share price is $42.80. Portland General Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $33.17. Portland General Electric Co's Cyclically Adjusted PB Ratio for today is 1.29.

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

POR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.62   Max: 2.34
Current: 1.3

During the past years, Portland General Electric Co's highest Cyclically Adjusted PB Ratio was 2.34. The lowest was 1.19. And the median was 1.62.

POR's Cyclically Adjusted PB Ratio is ranked better than
54.09% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs POR: 1.30

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.

Portland General Electric Co's adjusted book value per share data for the three months ended in Dec. 2023 was $32.809. 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 $33.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Portland General Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Portland General Electric Co'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.

Portland General Electric Co Cyclically Adjusted PB Ratio Chart

Portland General Electric Co 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 2.09 1.56 1.78 1.54 1.31

Portland General Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.54 1.51 1.42 1.22 1.31

Competitive Comparison of Portland General Electric Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Portland General Electric Co'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.


Portland General Electric Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Portland General Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Portland General Electric Co's Cyclically Adjusted PB Ratio falls into.



Portland General Electric Co 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.

Portland General Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.80/33.17
=1.29

* 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.

Portland General Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Portland General Electric Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.809/129.4194*129.4194
=32.809

Current CPI (Dec. 2023) = 129.4194.

Portland General Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 23.739 99.695 30.817
201406 23.925 100.560 30.791
201409 24.153 100.428 31.126
201412 24.428 99.070 31.911
201503 24.750 99.621 32.153
201506 25.021 100.684 32.162
201509 25.143 100.392 32.413
201512 25.430 99.792 32.980
201603 25.771 100.470 33.197
201606 25.899 101.688 32.962
201609 25.976 101.861 33.004
201612 26.353 101.863 33.482
201703 26.800 102.862 33.719
201706 26.858 103.349 33.633
201709 26.961 104.136 33.507
201712 27.111 104.011 33.734
201803 27.451 105.290 33.742
201806 27.623 106.317 33.625
201809 27.856 106.507 33.849
201812 28.073 105.998 34.276
201903 28.515 107.251 34.409
201906 28.443 108.070 34.062
201909 28.689 108.329 34.274
201912 28.986 108.420 34.600
202003 29.487 108.902 35.043
202006 29.562 108.767 35.175
202009 28.991 109.815 34.167
202012 29.183 109.897 34.367
202103 29.863 111.754 34.583
202106 29.765 114.631 33.605
202109 29.919 115.734 33.457
202112 30.276 117.630 33.311
202203 30.362 121.301 32.394
202206 30.680 125.017 31.760
202209 30.917 125.227 31.952
202212 31.126 125.222 32.169
202303 32.208 127.348 32.732
202306 32.368 128.729 32.542
202309 32.584 129.860 32.474
202312 32.809 129.419 32.809

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.


Portland General Electric Co  (NYSE:POR) 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.


Portland General Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Portland General Electric Co (Portland General Electric Co) Business Description

Traded in Other Exchanges
Address
121 South West Salmon Street, Portland, OR, USA, 97204
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 926,000 customers across a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.3 gigawatts of gas, coal, wind, and hydro generation.
Executives
Anne Frances Mersereau officer: Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Marie Oh Huber director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Dawn L Farrell director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898
James P Torgerson director C/O UIL HOLDINGS CORPORATION, 157 CHURCH STREET, NEW HAVEN CT 06510
Trpik Joseph R Jr officer: SVP, Finance CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
John Teeruk Kochavatr officer: Vice President, CIO 121 SW SALMON STREET, PORTLAND OR 97204
Benjamin Felton officer: EVP, COO 121 SW SALMON STREET, PORTLAND OR 97204
Brett Michael Sims officer: Vice President 121 SW SALMON ST., PORTLAND OR 97204
Larry Neal Bekkedahl officer: Sr. Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Maria Angelica Espinosa officer: V. P., General Counsel 121 SW SALMON ST., PORTLAND OR 97204
James A Ajello officer: Sr. VP, CFO, Treasurer C/O HEI, P.O. BOX 730, HONOLULU HI 96808