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Idacorp (FRA:IDJ) Cyclically Adjusted Book per Share : €51.87 (As of Mar. 2024)


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What is Idacorp Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Idacorp's adjusted book value per share for the three months ended in Mar. 2024 was €52.904. 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 €51.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Idacorp's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Idacorp was 7.90% per year. The lowest was 1.90% per year. And the median was 3.60% per year.

As of today (2024-05-21), Idacorp's current stock price is €90.00. Idacorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €51.87. Idacorp's Cyclically Adjusted PB Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Idacorp was 2.73. The lowest was 1.49. And the median was 2.13.


Idacorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Idacorp's Cyclically Adjusted Book per Share 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.

Idacorp Cyclically Adjusted Book per Share Chart

Idacorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.48 35.84 42.44 49.89 49.91

Idacorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 49.00 50.12 52.37 49.91 51.87

Competitive Comparison of Idacorp's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Idacorp'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.


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

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

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



Idacorp Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Idacorp'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)
=52.904/131.7762*131.7762
=52.904

Current CPI (Mar. 2024) = 131.7762.

Idacorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.553 100.560 36.106
201409 30.087 100.428 39.479
201412 31.511 99.070 41.914
201503 35.864 99.621 47.440
201506 35.370 100.684 46.293
201509 36.280 100.392 47.622
201512 37.527 99.792 49.555
201603 36.648 100.470 48.067
201606 36.898 101.688 47.816
201609 37.984 101.861 49.139
201612 40.517 101.863 52.415
201703 40.063 102.862 51.324
201706 38.551 103.349 49.155
201709 37.420 104.136 47.352
201712 37.752 104.011 47.830
201803 36.326 105.290 45.464
201806 38.953 106.317 48.281
201809 40.273 106.507 49.828
201812 41.346 105.998 51.401
201903 41.808 107.251 51.369
201906 42.212 108.070 51.472
201909 44.396 108.329 54.005
201912 44.013 108.420 53.494
202003 44.258 108.902 53.554
202006 43.921 108.767 53.212
202009 43.172 109.815 51.806
202012 41.701 109.897 50.003
202103 42.726 111.754 50.381
202106 42.824 114.631 49.229
202109 44.937 115.734 51.166
202112 46.749 117.630 52.371
202203 48.086 121.301 52.239
202206 50.646 125.017 53.384
202209 55.498 125.227 58.401
202212 52.412 125.222 55.155
202303 52.101 127.348 53.913
202306 52.040 128.729 53.272
202309 54.072 129.860 54.870
202312 52.677 129.419 53.636
202403 52.904 131.776 52.904

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Idacorp  (FRA:IDJ) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Idacorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=90.00/51.87
=1.74

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Idacorp was 2.73. The lowest was 1.49. And the median was 2.13.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Idacorp Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Idacorp's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Idacorp (FRA:IDJ) Business Description

Industry
Traded in Other Exchanges
Address
1221 West Idaho Street, Boise, ID, USA, 83702-5627
Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company's hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company's customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.

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