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Berkley Renewables (XCNQ:BKS) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Berkley Renewables Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Berkley Renewables Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Berkley Renewables'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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Berkley Renewables Cyclically Adjusted PB Ratio Chart

Berkley Renewables Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Berkley Renewables Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Berkley Renewables's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Berkley Renewables'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.


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

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

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



Berkley Renewables 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.

Berkley Renewables's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Berkley Renewables's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-0.147/105.6360*105.6360
=-0.147

Current CPI (Sep. 2018) = 105.6360.

Berkley Renewables Quarterly Data

Book Value per Share CPI Adj_Book
200812 1.833 89.518 2.163
200903 1.790 90.071 2.099
200906 1.909 90.940 2.217
200909 1.632 90.624 1.902
200912 1.024 90.703 1.193
201003 0.966 91.335 1.117
201006 0.925 91.809 1.064
201009 0.883 92.362 1.010
201012 0.439 92.836 0.500
201103 0.331 94.338 0.371
201106 0.608 94.654 0.679
201109 0.527 95.286 0.584
201112 0.586 94.970 0.652
201203 0.562 96.155 0.617
201206 0.433 96.076 0.476
201209 0.325 96.392 0.356
201212 0.113 95.760 0.125
201303 0.073 97.103 0.079
201306 0.051 97.182 0.055
201309 0.044 97.419 0.048
201312 0.041 96.945 0.045
201403 0.048 98.604 0.051
201406 0.035 99.473 0.037
201409 0.014 99.394 0.015
201412 -0.016 98.367 -0.017
201503 -0.010 99.789 -0.011
201506 -0.021 100.500 -0.022
201509 0.021 100.421 0.022
201512 -0.070 99.947 -0.074
201603 -0.096 101.054 -0.100
201606 -0.121 102.002 -0.125
201609 -0.149 101.765 -0.155
201612 -0.054 101.449 -0.056
201703 -0.065 102.634 -0.067
201706 -0.073 103.029 -0.075
201709 -0.102 103.345 -0.104
201712 -0.114 103.345 -0.117
201803 -0.128 105.004 -0.129
201806 -0.141 105.557 -0.141
201809 -0.147 105.636 -0.147

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.


Berkley Renewables  (XCNQ:BKS) 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.


Berkley Renewables Cyclically Adjusted PB Ratio Related Terms

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


Berkley Renewables (XCNQ:BKS) Business Description

Traded in Other Exchanges
N/A
Address
570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1
Berkley Renewables Inc is engaged in diversifying its business into renewable sources of energy which includes management and operation of photovoltaic power generation.