GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PG&E Corp (XSWX:PCG) » Definitions » Cyclically Adjusted Book per Share

PG&E (XSWX:PCG) Cyclically Adjusted Book per Share : CHF0.00 (As of Mar. 2024)


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

What is PG&E Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

PG&E's adjusted book value per share for the three months ended in Mar. 2024 was CHF48.550. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PG&E's average Cyclically Adjusted Book Growth Rate was -8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.30% 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 PG&E was 9.60% per year. The lowest was -5.80% per year. And the median was 1.45% per year.

As of today (2024-05-17), PG&E's current stock price is CHF42.40. PG&E's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF0.00. PG&E's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PG&E was 2.19. The lowest was 0.15. And the median was 0.77.


PG&E Cyclically Adjusted Book per Share Historical Data

The historical data trend for PG&E'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.

PG&E Cyclically Adjusted Book per Share Chart

PG&E 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 - - - - -

PG&E 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 - - - - -

Competitive Comparison of PG&E's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, PG&E'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.


PG&E's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



PG&E 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, PG&E'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)
=48.55/131.7762*131.7762
=48.550

Current CPI (Mar. 2024) = 131.7762.

PG&E Quarterly Data

Book Value per Share CPI Adj_Book
201406 28.585 100.560 37.459
201409 31.394 100.428 41.194
201412 32.613 99.070 43.380
201503 32.670 99.621 43.215
201506 31.705 100.684 41.496
201509 34.212 100.392 44.907
201512 35.024 99.792 46.249
201603 34.607 100.470 45.390
201606 34.473 101.688 44.673
201609 35.861 101.861 46.393
201612 38.832 101.863 50.236
201703 39.029 102.862 50.000
201706 38.315 103.349 48.854
201709 38.900 104.136 49.225
201712 40.280 104.011 51.032
201803 39.717 105.290 49.708
201806 39.539 106.317 49.007
201809 39.978 106.507 49.463
201812 26.645 105.998 33.125
201903 27.356 107.251 33.612
201906 21.696 108.070 26.455
201909 18.382 108.329 22.361
201912 10.716 108.420 13.024
202003 11.217 108.902 13.573
202006 7.169 108.767 8.686
202009 40.431 109.815 48.517
202012 47.571 109.897 57.042
202103 41.711 111.754 49.184
202106 41.534 114.631 47.746
202109 40.120 115.734 45.681
202112 40.507 117.630 45.379
202203 42.216 121.301 45.862
202206 44.842 125.017 47.267
202209 45.950 125.227 48.353
202212 45.147 125.222 47.510
202303 45.348 127.348 46.925
202306 45.432 128.729 46.508
202309 46.096 129.860 46.776
202312 45.981 129.419 46.818
202403 48.550 131.776 48.550

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


PG&E  (XSWX:PCG) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PG&E was 2.19. The lowest was 0.15. And the median was 0.77.


Be Aware

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


PG&E Cyclically Adjusted Book per Share Related Terms

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


PG&E (XSWX:PCG) Business Description

Industry
Address
300 Lakeside Drive, Oakland, CA, USA, 94612
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.