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Atlantic Power (Atlantic Power) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Atlantic Power Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlantic Power Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atlantic Power'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.

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Atlantic Power Cyclically Adjusted PB Ratio Chart

Atlantic Power Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Atlantic Power Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Atlantic Power's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Atlantic Power'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.


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

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

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



Atlantic Power 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.

Atlantic Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Atlantic Power's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book=Book Value per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=-0.094/111.7544*111.7544
=-0.094

Current CPI (Mar. 2021) = 111.7544.

Atlantic Power Quarterly Data

Book Value per Share CPI Adj_Book
201106 6.239 95.235 7.321
201109 5.590 95.727 6.526
201112 9.802 95.213 11.505
201203 7.340 96.783 8.475
201206 8.839 96.819 10.202
201209 8.806 97.633 10.080
201212 7.962 96.871 9.185
201303 7.686 98.209 8.746
201306 7.422 98.518 8.419
201309 7.070 98.790 7.998
201312 6.901 98.326 7.843
201403 6.482 99.695 7.266
201406 6.042 100.560 6.715
201409 5.058 100.428 5.628
201412 2.936 99.070 3.312
201503 2.758 99.621 3.094
201506 2.893 100.684 3.211
201509 2.645 100.392 2.944
201512 1.751 99.792 1.961
201603 1.777 100.470 1.977
201606 1.621 101.688 1.781
201609 0.705 101.861 0.773
201612 0.563 101.863 0.618
201703 0.560 102.862 0.608
201706 0.416 103.349 0.450
201709 0.214 104.136 0.230
201712 -0.160 104.011 -0.172
201803 -0.112 105.290 -0.119
201806 -0.165 106.317 -0.173
201809 -0.195 106.507 -0.205
201812 -0.064 105.998 -0.067
201903 0.042 107.251 0.044
201906 0.072 108.070 0.074
201909 0.176 108.329 0.182
201912 -0.414 108.420 -0.427
202003 -0.330 108.902 -0.339
202006 -0.686 108.767 -0.705
202009 -0.555 109.815 -0.565
202012 -0.114 109.897 -0.116
202103 -0.094 111.754 -0.094

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.


Atlantic Power  (NYSE:AT) 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.


Atlantic Power Cyclically Adjusted PB Ratio Related Terms

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


Atlantic Power (Atlantic Power) Business Description

Traded in Other Exchanges
N/A
Address
3 Allied Drive, Suite 155, Dedham, MA, USA, 02026
Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.
Executives
Kevin Howell director 2220 MONUMENT AVENUE, RICHMOND VA 23220
R Foster Duncan director 139 E FOURTH ST, CINCINNATI OH 45202
Gilbert Samuel Palter director 37 MISTY CRESCENT TORONTO A6 MSB IT2
Danielle S Mottor director 870 WASHINGTON STREET HOLLISTON MA 01746
Terrence Ronan officer: Chief Financial Officer ONE FEDERAL STREET 30TH FLOOR BOSTON MA 02110
Joseph Cofelice officer: EVP Commercial Development
Moore James J Jr director, officer: Chief Executive Officer
Jeffrey S Levy officer: SVP, General Counsel 769 WEBSTER STREET NEEDHAM MA 02492
Irving Russell Gerstein director 200 CLARENDON STREET BOSTON MA 02116
Philip Daniel Rorabaugh officer: SVP, Asset Management 27 ASPEN AVE AUBURNDALE MA 02466
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Teresa Ressel director ON SEMICONDUCTOR C/O V. PECORA (MD A700), 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
John Alexander Mcneil director 200 CLARENDON STREET BOSTON MA 02116
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Paul Howard Rapisarda officer: EVP Commercial 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129

Atlantic Power (Atlantic Power) Headlines

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