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Via Renewables (Via Renewables) Cyclically Adjusted PB Ratio : 0.65 (As of Apr. 27, 2024)


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What is Via Renewables Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Via Renewables's current share price is $10.88. Via Renewables's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.79. Via Renewables's Cyclically Adjusted PB Ratio for today is 0.65.

The historical rank and industry rank for Via Renewables's Cyclically Adjusted PB Ratio or its related term are showing as below:

VIA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.65   Max: 2.04
Current: 0.65

During the past years, Via Renewables's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 0.33. And the median was 0.65.

VIA's Cyclically Adjusted PB Ratio is ranked better than
79.55% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs VIA: 0.65

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.

Via Renewables's adjusted book value per share data for the three months ended in Dec. 2023 was $14.415. 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 $16.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Via Renewables Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Via 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.

* Premium members only.

Via Renewables Cyclically Adjusted PB Ratio Chart

Via Renewables 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 - - - 1.49 0.56

Via Renewables Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.49 1.06 0.40 0.42 0.56

Competitive Comparison of Via Renewables's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Via 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.


Via Renewables's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Via 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.

Via Renewables's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.88/16.79
=0.65

* 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.

Via Renewables's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Via Renewables'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)
=14.415/129.4194*129.4194
=14.415

Current CPI (Dec. 2023) = 129.4194.

Via Renewables Quarterly Data

Book Value per Share CPI Adj_Book
201403 23.388 99.695 30.361
201406 -0.737 100.560 -0.949
201409 8.498 100.428 10.951
201412 7.216 99.070 9.427
201503 8.599 99.621 11.171
201506 8.689 100.684 11.169
201509 9.563 100.392 12.328
201512 9.089 99.792 11.787
201603 10.958 100.470 14.115
201606 9.119 101.688 11.606
201609 8.824 101.861 11.211
201612 11.672 101.863 14.830
201703 14.848 102.862 18.681
201706 13.835 103.349 17.325
201709 13.732 104.136 17.066
201712 21.901 104.011 27.251
201803 7.720 105.290 9.489
201806 9.137 106.317 11.122
201809 9.929 106.507 12.065
201812 16.268 105.998 19.863
201903 15.613 107.251 18.840
201906 11.677 108.070 13.984
201909 19.432 108.329 23.215
201912 17.810 108.420 21.260
202003 18.001 108.902 21.393
202006 20.102 108.767 23.919
202009 22.001 109.815 25.929
202012 22.169 109.897 26.107
202103 18.101 111.754 20.962
202106 19.897 114.631 22.464
202109 22.336 115.734 24.977
202112 16.527 117.630 18.183
202203 19.822 121.301 21.149
202206 19.980 125.017 20.684
202209 18.294 125.227 18.907
202212 13.422 125.222 13.872
202303 11.850 127.348 12.043
202306 13.436 128.729 13.508
202309 15.125 129.860 15.074
202312 14.415 129.419 14.415

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.


Via Renewables  (NAS:VIA) 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.


Via Renewables Cyclically Adjusted PB Ratio Related Terms

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


Via Renewables (Via Renewables) Business Description

Traded in Other Exchanges
Address
12140 Wickchester Lane, Suite 100, Houston, TX, USA, 77079
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
Executives
Andrew Stephen Kennedy director 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Maxwell W Keith Iii director, 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Amanda Bush director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77057
Barbara Clay officer: Acting General Counsel and Sec C/O GOOD COUNSEL SERVICES, LLC, 111 FARMS ROAD, STAMFORD CT 06903
Mike Barajas officer: Chief Financial Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Paul Konikowski officer: Chief Operating Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Jones James G Ii director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Evans Nick W Jr director 6205 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Kevin M Mcminn officer: Chief Operating Officer 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Nathan Kroeker director, officer: See Remarks 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Gil Melman officer: See Remarks 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jason K. Garrett officer: Executive Vice President 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Robert Lawrence Lane officer: Vice President and CFO 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Electric Holdco, Llc 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079