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NorthWestern Energy Group (FRA:NWZA) Cyclically Adjusted PB Ratio : 1.12 (As of May. 26, 2024)


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What is NorthWestern Energy Group Cyclically Adjusted PB Ratio?

As of today (2024-05-26), NorthWestern Energy Group's current share price is €46.80. NorthWestern Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €41.93. NorthWestern Energy Group's Cyclically Adjusted PB Ratio for today is 1.12.

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

FRA:NWZA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.03   Max: 2.45
Current: 1.11

During the past years, NorthWestern Energy Group's highest Cyclically Adjusted PB Ratio was 2.45. The lowest was 1.04. And the median was 2.03.

FRA:NWZA's Cyclically Adjusted PB Ratio is ranked better than
60.67% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs FRA:NWZA: 1.11

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.

NorthWestern Energy Group's adjusted book value per share data for the three months ended in Mar. 2024 was €42.230. 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 €41.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NorthWestern Energy Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NorthWestern Energy Group'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.

NorthWestern Energy Group Cyclically Adjusted PB Ratio Chart

NorthWestern Energy Group 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 2.19 1.69 1.49 1.40 1.14

NorthWestern Energy Group 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 1.34 1.29 1.08 1.14 1.11

Competitive Comparison of NorthWestern Energy Group's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, NorthWestern Energy Group'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.


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

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

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



NorthWestern Energy Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.80/41.93
=1.12

* 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.

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

For example, NorthWestern Energy Group'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)
=42.23/131.7762*131.7762
=42.230

Current CPI (Mar. 2024) = 131.7762.

NorthWestern Energy Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.066 100.560 26.295
201409 21.444 100.428 28.138
201412 25.546 99.070 33.980
201503 29.586 99.621 39.136
201506 28.714 100.684 37.581
201509 28.752 100.392 37.741
201512 30.494 99.792 40.267
201603 30.016 100.470 39.369
201606 29.985 101.688 38.857
201609 30.399 101.861 39.327
201612 32.878 101.863 42.533
201703 32.988 102.862 42.261
201706 31.372 103.349 40.001
201709 29.822 104.136 37.738
201712 30.788 104.011 39.007
201803 30.075 105.290 37.641
201806 32.286 106.317 40.017
201809 32.357 106.507 40.034
201812 33.927 105.998 42.178
201903 34.912 107.251 42.896
201906 35.266 108.070 43.002
201909 36.080 108.329 43.889
201912 36.375 108.420 44.211
202003 36.877 108.902 44.623
202006 36.057 108.767 43.685
202009 34.485 109.815 41.381
202012 33.784 109.897 40.510
202103 35.036 111.754 41.313
202106 35.050 114.631 40.292
202109 36.299 115.734 41.330
202112 38.303 117.630 42.910
202203 39.700 121.301 43.128
202206 41.522 125.017 43.767
202209 44.355 125.227 46.675
202212 42.112 125.222 44.316
202303 42.066 127.348 43.529
202306 41.337 128.729 42.316
202309 41.928 129.860 42.547
202312 41.701 129.419 42.460
202403 42.230 131.776 42.230

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.


NorthWestern Energy Group  (FRA:NWZA) 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.


NorthWestern Energy Group Cyclically Adjusted PB Ratio Related Terms

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


NorthWestern Energy Group (FRA:NWZA) Business Description

Traded in Other Exchanges
Address
3010 West 69th Street, Sioux Falls, SD, USA, 57108
NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric utility operations, which include the generation, purchase, transmission, and distribution of electricity, and Natural Gas utility operations, which include the production, purchase, transmission, storage, and distribution of natural gas. The company uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of retail electric utility revenue from commercial and residential sales.

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