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Just Energy Group (Just Energy Group) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Just Energy Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Just Energy Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Just 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.

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Just Energy Group Cyclically Adjusted PB Ratio Chart

Just Energy Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
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Just Energy Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Just Energy Group's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Just 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.


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

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

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



Just 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.

Just Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Just Energy Group's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=2.842/120.6479*120.6479
=2.842

Current CPI (Sep. 2022) = 120.6479.

Just Energy Group Quarterly Data

Book Value per Share CPI Adj_Book
201212 -57.844 95.760 -72.878
201303 -31.595 97.103 -39.256
201306 -42.845 97.182 -53.191
201309 -76.563 97.419 -94.819
201312 -39.594 96.945 -49.275
201403 -20.367 98.604 -24.920
201406 -37.152 99.473 -45.060
201409 -63.917 99.394 -77.584
201412 -104.848 98.367 -128.597
201503 -113.457 99.789 -137.173
201506 -95.665 100.500 -114.843
201509 -108.826 100.421 -130.745
201512 -108.914 99.947 -131.472
201603 -112.462 101.054 -134.269
201606 -33.109 102.002 -39.161
201609 -63.991 101.765 -75.865
201612 -34.818 101.449 -41.407
201703 -25.132 102.634 -29.543
201706 -12.063 103.029 -14.126
201709 -48.611 103.345 -56.750
201712 -13.526 103.345 -15.791
201803 3.652 105.004 4.196
201806 31.556 105.557 36.067
201809 23.387 105.636 26.711
201812 26.129 105.399 29.909
201903 -52.647 106.979 -59.374
201906 -63.422 107.690 -71.053
201909 -74.424 107.611 -83.440
201912 -68.247 107.769 -76.403
202003 -98.506 107.927 -110.116
202006 -89.164 108.401 -99.237
202009 -2.652 108.164 -2.958
202012 -3.514 108.559 -3.905
202103 -9.968 110.298 -10.903
202106 -5.219 111.720 -5.636
202109 0.211 112.905 0.225
202112 -2.062 113.774 -2.187
202203 4.045 117.646 4.148
202206 7.440 120.806 7.430
202209 2.842 120.648 2.842

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.


Just Energy Group  (OTCPK:JE) 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.


Just Energy Group Cyclically Adjusted PB Ratio Related Terms

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Just Energy Group (Just Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 2630, First Canadian Place, Toronto, ON, CAN, M5X 1E1
Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.