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Dominion Energy (Dominion Energy) Cyclically Adjusted Book per Share : $32.35 (As of Dec. 2023)


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What is Dominion Energy Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Dominion Energy's adjusted book value per share for the three months ended in Dec. 2023 was $30.723. 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 $32.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dominion Energy's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Dominion Energy was 7.70% per year. The lowest was 0.30% per year. And the median was 2.50% per year.

As of today (2024-04-27), Dominion Energy's current stock price is $50.45. Dominion Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $32.35. Dominion Energy's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dominion Energy was 3.98. The lowest was 1.24. And the median was 3.20.


Dominion Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dominion Energy's Cyclically Adjusted Book per Share 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.

Dominion Energy Cyclically Adjusted Book per Share Chart

Dominion Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.82 25.86 28.28 30.70 32.35

Dominion Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 30.70 31.40 31.92 32.35 32.35

Competitive Comparison of Dominion Energy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Dominion Energy'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.


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

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

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



Dominion Energy Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Dominion Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=30.723/129.4194*129.4194
=30.723

Current CPI (Dec. 2023) = 129.4194.

Dominion Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.115 99.695 26.112
201406 19.852 100.560 25.549
201409 19.820 100.428 25.542
201412 19.752 99.070 25.803
201503 20.381 99.621 26.477
201506 20.901 100.684 26.866
201509 21.151 100.392 27.267
201512 21.248 99.792 27.556
201603 21.575 100.470 27.792
201606 23.099 101.688 29.398
201609 23.856 101.861 30.310
201612 23.256 101.863 29.547
201703 23.715 102.862 29.838
201706 23.767 103.349 29.762
201709 25.280 104.136 31.418
201712 26.577 104.011 33.069
201803 27.089 105.290 33.297
201806 27.621 106.317 33.623
201809 28.198 106.507 34.264
201812 29.526 105.998 36.050
201903 33.552 107.251 40.487
201906 32.504 108.070 38.925
201909 33.645 108.329 40.195
201912 35.331 108.420 42.174
202003 33.777 108.902 40.141
202006 31.529 108.767 37.516
202009 29.349 109.815 34.588
202012 29.442 109.897 34.672
202103 30.164 111.754 34.932
202106 29.942 114.631 33.805
202109 30.270 115.734 33.849
202112 31.512 117.630 34.670
202203 31.735 121.301 33.859
202206 31.868 125.017 32.990
202209 32.161 125.227 33.238
202212 30.989 125.222 32.028
202303 31.786 127.348 32.303
202306 31.834 128.729 32.005
202309 31.356 129.860 31.250
202312 30.723 129.419 30.723

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Dominion Energy  (NYSE:D) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Dominion Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.45/32.35
=1.56

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dominion Energy was 3.98. The lowest was 1.24. And the median was 3.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Dominion Energy Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Dominion Energy's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dominion Energy (Dominion Energy) Business Description

Industry
Traded in Other Exchanges
Address
120 Tredegar Street, Richmond, VA, USA, 23219
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
Executives
Diane Leopold other: President - Dominion Energy 120 TREDEGAR STREET, RICHMOND VA 23219
Susan N Story director ONE ENERGY PLACE, PENSCOLA FL 32520
Steven D Ridge officer: SVP & CFO 120 TREDEGAR STREET, RICHMOND VA 23219
Kristin G Lovejoy director 120 TREDEGAR STREET, RICHMOND VA 23219
Robert M Blue officer: Senior Vice President 120 TREDEGAR STREET, RICHMOND VA 23219
William Keller Kissam officer: President - Dominion Energy SC DOMINION ENERGY, 120 TREDEGAR STREET, RICHMOND VA 23219
James R. Chapman officer: SVP, CFO & Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Mark J Kington director 100 TREDEGAR STREET, RICHMOND VA 23219
Farrell Thomas F Ii officer: Executive Vice President P O BOX 26532, RICHOMOND VA 23261
Edward H Baine officer: President - Dominion Energy VA 600 CANAL PLACE, RICHMOND VA 23219
Donald R. Raikes officer: President - Gas Distribution 120 TREDEGAR STREET, RICHMOND VA 23219
Paul E Ruppert officer: President-Gas Trans & Storage 5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Daniel G. Stoddard officer: SVP and Chief Nuclear Officer 5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Michael E Szymanczyk director DOMINION RESOURCES, INC., 100 TREDEGAR STREET, RICHMOND VA 23219
Joseph M Rigby director SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037

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