GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xcel Energy Inc (NAS:XEL) » Definitions » Cyclically Adjusted PB Ratio

Xcel Energy (Xcel Energy) Cyclically Adjusted PB Ratio : 1.86 (As of Apr. 28, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Xcel Energy Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Xcel Energy's current share price is $53.96. Xcel Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $28.94. Xcel Energy's Cyclically Adjusted PB Ratio for today is 1.86.

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

XEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.34   Max: 3.29
Current: 1.86

During the past years, Xcel Energy's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 1.61. And the median was 2.34.

XEL's Cyclically Adjusted PB Ratio is ranked worse than
66.14% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs XEL: 1.86

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.

Xcel Energy's adjusted book value per share data for the three months ended in Dec. 2023 was $31.744. 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 $28.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xcel Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Xcel 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.

Xcel Energy Cyclically Adjusted PB Ratio Chart

Xcel 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 2.91 2.93 2.70 2.56 2.14

Xcel 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 2.41 2.18 1.98 2.14 -

Competitive Comparison of Xcel Energy's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Xcel 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.


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

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

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



Xcel 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.96/28.94
=1.86

* 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.

Xcel Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Xcel 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)
=31.744/129.4194*129.4194
=31.744

Current CPI (Dec. 2023) = 129.4194.

Xcel Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.450 99.695 25.249
201406 19.641 100.560 25.278
201409 20.091 100.428 25.891
201412 20.197 99.070 26.384
201503 20.161 99.621 26.191
201506 20.256 100.684 26.037
201509 20.788 100.392 26.799
201512 20.887 99.792 27.088
201603 21.009 100.470 27.062
201606 21.071 101.688 26.817
201609 21.632 101.861 27.485
201612 21.728 101.863 27.606
201703 21.802 102.862 27.431
201706 21.906 103.349 27.432
201709 22.529 104.136 27.999
201712 22.560 104.011 28.071
201803 22.728 105.290 27.937
201806 22.893 106.317 27.868
201809 23.700 106.507 28.799
201812 23.776 105.998 29.030
201903 23.955 107.251 28.907
201906 24.018 108.070 28.763
201909 25.060 108.329 29.939
201912 25.239 108.420 30.127
202003 25.336 108.902 30.110
202006 25.485 108.767 30.324
202009 26.219 109.815 30.900
202012 27.119 109.897 31.937
202103 27.320 111.754 31.638
202106 27.479 114.631 31.024
202109 28.175 115.734 31.507
202112 28.697 117.630 31.573
202203 28.891 121.301 30.825
202206 29.208 125.017 30.237
202209 29.952 125.227 30.955
202212 30.341 125.222 31.358
202303 30.566 127.348 31.063
202306 30.676 128.729 30.841
202309 31.376 129.860 31.270
202312 31.744 129.419 31.744

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.


Xcel Energy  (NAS:XEL) 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.


Xcel Energy Cyclically Adjusted PB Ratio Related Terms

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


Xcel Energy (Xcel Energy) Business Description

Traded in Other Exchanges
Address
414 Nicollet Mall, Minneapolis, MN, USA, 55401
Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.
Executives
Robert Frenzel director, officer: Chairman, President and CEO 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Amanda J Rome officer: EVP, Group President Utilities 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Timothy A Welsh director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Netha N. Johnson director 3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Patricia L Kampling director PO BOX 2568, MADISON WI 53701
Megan D Burkhart director 1717 MAIN STREET, DALLAS TX 75201
George J Kehl director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
James T Prokopanko director 25990 BIRCH BLUFF ROAD, EXCELSIOR MN 55331
Lynn Casey director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Kim Williams director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Richard T Obrien director 6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Charles G Pardee director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Daniel Yohannes director 414 NICOLLET MALL, MINNEAPOLIS MN 55014
Christopher J. Policinski director 4001 LEXINGTON AVENUE N., ARDEN HILLS MN 55126
Brett C Carter officer: EVP, Group President Utilitie, other: Chief Customer Officer 414 NICOLLET MALL, 401-9, MINNEAPOLIS MN 55401

Xcel Energy (Xcel Energy) Headlines

From GuruFocus

Q1 2019 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Xcel Energy Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024