GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pepco Holdings Inc (NYSE:POM) » Definitions » Cyclically Adjusted PB Ratio

Pepco Holdings (Pepco Holdings) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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

What is Pepco Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pepco Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pepco Holdings'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.

Pepco Holdings Cyclically Adjusted PB Ratio Chart

Pepco Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Pepco Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 - - - - -

Competitive Comparison of Pepco Holdings's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Pepco Holdings'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.


Pepco Holdings's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Pepco Holdings 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.

Pepco Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2015 is calculated as:

For example, Pepco Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2015 was:

Adj_Book=Book Value per Share/CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=17.354/99.7924*99.7924
=17.354

Current CPI (Dec. 2015) = 99.7924.

Pepco Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200603 17.732 84.298 20.991
200606 17.707 85.606 20.641
200609 18.044 85.606 21.034
200612 17.970 85.142 21.062
200703 18.125 86.640 20.876
200706 18.199 87.906 20.660
200709 18.661 87.964 21.170
200712 20.039 88.616 22.566
200803 19.982 90.090 22.134
200806 20.806 92.320 22.490
200809 19.232 92.307 20.792
200812 18.404 88.697 20.706
200903 17.940 89.744 19.949
200906 17.958 91.003 19.692
200909 19.161 91.120 20.985
200912 19.148 91.111 20.972
201003 18.718 91.821 20.343
201006 18.857 91.962 20.463
201009 18.722 92.162 20.272
201012 18.793 92.474 20.280
201103 18.873 94.283 19.976
201106 19.071 95.235 19.984
201109 19.204 95.727 20.020
201112 19.059 95.213 19.976
201203 19.129 96.783 19.724
201206 19.156 96.819 19.744
201209 19.408 97.633 19.837
201212 19.190 96.871 19.769
201303 17.212 98.209 17.489
201306 17.005 98.518 17.225
201309 17.228 98.790 17.403
201312 17.238 98.326 17.495
201403 17.276 99.695 17.293
201406 17.237 100.560 17.106
201409 17.318 100.428 17.208
201412 17.101 99.070 17.226
201503 17.060 99.621 17.089
201506 17.038 100.684 16.887
201509 17.144 100.392 17.042
201512 17.354 99.792 17.354

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.


Pepco Holdings  (NYSE:POM) 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.


Pepco Holdings Cyclically Adjusted PB Ratio Related Terms

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


Pepco Holdings (Pepco Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Pepco Holdings Inc was incorporated in Delaware in 2001, for the purpose of effecting the acquisition of Conectiv by Potomac Electric Power Company. Pepco Holdings, Inc. is a public utility holding Company that, through its operating subsidiaries, is engaged in two principal business operations: electricity and natural gas delivery, and competitive energy generation, marketing and supply. Pepco is engaged in the transmission and distribution of electricity in Washington, D.C. and portions of Prince George's and Montgomery Counties in suburban Maryland. Pepco was incorporated in Washington, D.C. in 1896 and became a domestic Virginia corporation in 1949. PHI, through its subsidiaries, is subject to regulation by various federal, regional, state, and local authorities with respect to the environmental effects of its operations, including air and water quality control, solid and hazardous waste disposal, and limitations on land use. Pepco Energy Services sells retail electricity and natural gas and provides integrated energy management services in the mid-Atlantic region, and its subsidiaries own and operate generation plants located in PJM. Pepco Energy Services also provides high voltage construction and maintenance services to utilities and other customers throughout the United States and low voltage electric and telecommunication construction and maintenance services in the Washington, D.C. area. PHI's business is to remain a regional diversified energy delivery utility and competitive energy services Company focused on value creation and operational excellence.
Executives
Laura L. Monica officer: VICE PRESIDENT 1025 LAUREL OAK ROAD, VOORHEES NJ 08043
Joseph M Rigby director, officer: CHAIRMAN, PRESIDENT AND CEO SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Terence C Golden director BAILEY CAPITAL CORPORATION, SUITE 601, 1156 - 15TH STREET, NW, WASHINGTON DC 20005
David M Velazquez officer: EXECUTIVE VICE PRESIDENT CONECTIV ENERGY, 500 N WAKEFIELD DRIVE, NEWARK DE 19702
Lawrence C Nussdorf director CLARK ENTERPRISES, INC., 7500 OLD GEORGETOWN RD., 15TH FLOOR, BETHESDA MD 20814-6195
Dunn Jack B Iv director 500 EAST PRATT STREET, C/O FTI CONSULTING, INC., BALTIMORE MD 21202
Patricia A. Oelrich director 62 ETTL CIRCLE, PRINCETON NJ 08540
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Patrick T Harker director C/O GOLDMAN SACHS HEDGE FUND STRATEGIES, 32 OLD SLIP, 9TH FLOOR, NEW YORK NY 10005
Frank K Ross director 1115 30TH STREET NW, WASHINGTON DC 07002
George F Maccormack director PEPCO HOLDINGS, INC., 701 NINTH STREET, NW, SUITE 1300, WASHINGTON DC 20068
Dennis R Wraase director, officer: Chairman of the Board C/O NORTHEAST UTILITIES, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Paul H Barry officer: Sr. VP & CFO 701 NINTH STREET NW, WASHINGTON DC 20068
Thomas S Shaw officer: Exec. VP & COO C/O CONECTIV, 800 KING ST PO BOX 231, WILMINGTON DE 19899
Cronin Edmund B Jr director WRIT, SUITE 800, 6110 EXECUTIVE BOULEVARD, ROCKVILLE MD 20852