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Dominion Energy (WBO:DOEN) Cyclically Adjusted PB Ratio : 1.61 (As of Apr. 28, 2024)


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What is Dominion Energy Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Dominion Energy's current share price is €47.09. Dominion Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €29.17. Dominion Energy's Cyclically Adjusted PB Ratio for today is 1.61.

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

WBO:DOEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 3.2   Max: 3.98
Current: 1.56

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.

WBO:DOEN's Cyclically Adjusted PB Ratio is ranked worse than
57.73% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs WBO:DOEN: 1.56

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 Dec. 2023 was €28.173. 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 €29.17 for the trailing ten years ended in Dec. 2023.

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
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 2.00 1.78 1.62 1.38 1.45

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
=47.09/29.17
=1.61

* 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 Dec. 2023 is calculated as:

For example, Dominion Energy'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)
=28.173/129.4194*129.4194
=28.173

Current CPI (Dec. 2023) = 129.4194.

Dominion Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.543 99.695 18.879
201406 14.611 100.560 18.804
201409 15.380 100.428 19.820
201412 16.019 99.070 20.926
201503 18.832 99.621 24.465
201506 18.623 100.684 23.938
201509 18.846 100.392 24.295
201512 19.506 99.792 25.297
201603 19.374 100.470 24.956
201606 20.558 101.688 26.164
201609 21.256 101.861 27.007
201612 22.047 101.863 28.011
201703 22.174 102.862 27.899
201706 21.152 103.349 26.488
201709 21.210 104.136 26.360
201712 22.457 104.011 27.943
201803 21.969 105.290 27.004
201806 23.643 106.317 28.781
201809 24.166 106.507 29.365
201812 25.953 105.998 31.688
201903 29.694 107.251 35.832
201906 28.766 108.070 34.449
201909 30.550 108.329 36.498
201912 31.797 108.420 37.956
202003 30.568 108.902 36.327
202006 27.997 108.767 33.313
202009 24.918 109.815 29.366
202012 24.201 109.897 28.500
202103 25.338 111.754 29.343
202106 24.852 114.631 28.058
202109 25.730 115.734 28.772
202112 27.888 117.630 30.683
202203 28.815 121.301 30.744
202206 30.147 125.017 31.209
202209 32.482 125.227 33.570
202212 29.254 125.222 30.235
202303 29.688 127.348 30.171
202306 29.383 128.729 29.541
202309 29.381 129.860 29.281
202312 28.173 129.419 28.173

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  (WBO:DOEN) 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 (WBO:DOEN) Business Description

Traded in Other Exchanges
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.

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