GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aemetis Inc (STU:DW51) » Definitions » Cyclically Adjusted PB Ratio

Aemetis (STU:DW51) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Aemetis Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aemetis Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aemetis'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.

Aemetis Cyclically Adjusted PB Ratio Chart

Aemetis 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 - - - - -

Aemetis 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 - - - - -

Competitive Comparison of Aemetis's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Aemetis'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.


Aemetis's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aemetis's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aemetis 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.

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

For example, Aemetis'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)
=-5.011/131.7762*131.7762
=-5.011

Current CPI (Mar. 2024) = 131.7762.

Aemetis Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.039 100.560 -0.051
201409 0.024 100.428 0.031
201412 -0.117 99.070 -0.156
201503 -0.726 99.621 -0.960
201506 -1.084 100.684 -1.419
201509 -1.321 100.392 -1.734
201512 -1.652 99.792 -2.181
201603 -1.818 100.470 -2.384
201606 -2.018 101.688 -2.615
201609 -2.171 101.861 -2.809
201612 -2.378 101.863 -3.076
201703 -2.746 102.862 -3.518
201706 -2.871 103.349 -3.661
201709 -2.998 104.136 -3.794
201712 -3.298 104.011 -4.178
201803 -3.552 105.290 -4.446
201806 -3.979 106.317 -4.932
201809 -4.209 106.507 -5.208
201812 -4.789 105.998 -5.954
201903 -5.219 107.251 -6.412
201906 -5.770 108.070 -7.036
201909 -6.144 108.329 -7.474
201912 -6.754 108.420 -8.209
202003 -7.294 108.902 -8.826
202006 -7.050 108.767 -8.541
202009 -7.089 109.815 -8.507
202012 -6.652 109.897 -7.976
202103 -3.894 111.754 -4.592
202106 -3.261 114.631 -3.749
202109 -3.448 115.734 -3.926
202112 -3.180 117.630 -3.562
202203 -3.416 121.301 -3.711
202206 -3.357 125.017 -3.539
202209 -5.329 125.227 -5.608
202212 -5.312 125.222 -5.590
202303 -5.662 127.348 -5.859
202306 -5.777 128.729 -5.914
202309 -4.758 129.860 -4.828
202312 -4.857 129.419 -4.945
202403 -5.011 131.776 -5.011

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.


Aemetis  (STU:DW51) 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.


Aemetis Cyclically Adjusted PB Ratio Related Terms

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


Aemetis (STU:DW51) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aemetis Inc (STU:DW51) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
20400 Stevens Creek Boulevard, Suite 700, Cupertino, CA, USA, 95014
Aemetis Inc is an international renewable fuel and biochemicals company focused on the production of renewable fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products through the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. It owns and operates an approximately 65 million gallon per year ethanol production facility located in Keyes, California. In addition to low carbon renewable fuel ethanol, the Keyes Plant produces Wet Distillers Grains, Distillers Corn Oil, and Condensed Distillers Solubles, all of which are sold to local dairies and feedlots as animal feed. It operates in the reportable geographic segments of North America and India.

Aemetis (STU:DW51) Headlines

No Headlines