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ACEN (ACPIF) Cyclically Adjusted PB Ratio : 0.75 (As of Jun. 04, 2024)


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What is ACEN Cyclically Adjusted PB Ratio?

As of today (2024-06-04), ACEN's current share price is $0.03. ACEN's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.04. ACEN's Cyclically Adjusted PB Ratio for today is 0.75.

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

ACPIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 2.19   Max: 9.14
Current: 2.38

During the past years, ACEN's highest Cyclically Adjusted PB Ratio was 9.14. The lowest was 0.51. And the median was 2.19.

ACPIF's Cyclically Adjusted PB Ratio is ranked worse than
75.37% of 272 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs ACPIF: 2.38

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.

ACEN's adjusted book value per share data for the three months ended in Mar. 2024 was $0.063. 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 $0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACEN Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACEN'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.

ACEN Cyclically Adjusted PB Ratio Chart

ACEN 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 1.20 4.73 7.68 4.52 2.28

ACEN 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 3.48 2.98 2.63 2.28 1.91

Competitive Comparison of ACEN's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, ACEN'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.


ACEN's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ACEN's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ACEN 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.

ACEN's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.04
=0.75

* 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.

ACEN's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ACEN'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)
=0.063/131.7762*131.7762
=0.063

Current CPI (Mar. 2024) = 131.7762.

ACEN Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.016 100.560 0.021
201409 0.016 100.428 0.021
201412 0.016 99.070 0.021
201503 0.016 99.621 0.021
201506 0.017 100.684 0.022
201509 0.017 100.392 0.022
201512 0.018 99.792 0.024
201603 0.018 100.470 0.024
201606 0.019 101.688 0.025
201609 0.019 101.861 0.025
201612 0.020 101.863 0.026
201703 0.020 102.862 0.026
201706 0.020 103.349 0.026
201709 0.021 104.136 0.027
201712 0.021 104.011 0.027
201803 0.020 105.290 0.025
201806 0.020 106.317 0.025
201809 0.020 106.507 0.025
201812 0.019 105.998 0.024
201903 0.019 107.251 0.023
201906 0.015 108.070 0.018
201909 0.015 108.329 0.018
201912 0.078 108.420 0.095
202003 0.016 108.902 0.019
202006 0.015 108.767 0.018
202009 0.015 109.815 0.018
202012 0.044 109.897 0.053
202103 0.031 111.754 0.037
202106 0.037 114.631 0.043
202109 0.039 115.734 0.044
202112 0.039 117.630 0.044
202203 0.043 121.301 0.047
202206 0.045 125.017 0.047
202209 0.048 125.227 0.051
202212 0.050 125.222 0.053
202303 0.049 127.348 0.051
202306 0.050 128.729 0.051
202309 0.062 129.860 0.063
202312 0.061 129.419 0.062
202403 0.063 131.776 0.063

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.


ACEN  (OTCPK:ACPIF) 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.


ACEN Cyclically Adjusted PB Ratio Related Terms

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


ACEN (ACPIF) Business Description

Traded in Other Exchanges
Address
Paseo de Roxas corner Makati Avenue, 35th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226
ACEN Corp is a Philippines-based energy provider. The company is mainly involved in the business of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and production. The company operates in three segments: The Philippines segment, the International segment, and the Parent and Others segment The Philippines segment, which accounts for the vast majority of its revenue, is into Retail Electricity Supply, Renewables - generation, transmission, distribution, and supply of electricity using renewable sources, Thermal - generation, transmission, distribution, and supply of electricity using the conventional way of energy generation, Project development, Leasing, bulk water supply, and Petroleum and exploration.

ACEN (ACPIF) Headlines