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Carnegie Clean Energy (FRA:CNM1) Cyclically Adjusted PB Ratio : 0.07 (As of Nov. 07, 2024)


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What is Carnegie Clean Energy Cyclically Adjusted PB Ratio?

As of today (2024-11-07), Carnegie Clean Energy's current share price is €0.02. Carnegie Clean Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 was €0.29. Carnegie Clean Energy's Cyclically Adjusted PB Ratio for today is 0.07.

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

FRA:CNM1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.1   Max: 1.53
Current: 0.08

During the past 13 years, Carnegie Clean Energy's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.04. And the median was 0.10.

FRA:CNM1's Cyclically Adjusted PB Ratio is ranked better than
93.63% of 251 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.15 vs FRA:CNM1: 0.08

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.

Carnegie Clean Energy's adjusted book value per share data of for the fiscal year that ended in Jun24 was €0.036. 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 €0.29 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnegie Clean Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carnegie Clean Energy'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.

Carnegie Clean Energy Cyclically Adjusted PB Ratio Chart

Carnegie Clean Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.11 0.06 0.11 0.08

Carnegie Clean Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.06 - 0.11 - 0.08

Competitive Comparison of Carnegie Clean Energy's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Carnegie Clean 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.


Carnegie Clean Energy's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Carnegie Clean Energy 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.

Carnegie Clean Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.29
=0.07

* 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.

Carnegie Clean Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Carnegie Clean Energy's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.036/128.9064*128.9064
=0.036

Current CPI (Jun24) = 128.9064.

Carnegie Clean Energy Annual Data

Book Value per Share CPI Adj_Book
201506 0.838 99.838 1.082
201606 0.738 100.859 0.943
201706 0.682 102.809 0.855
201806 0.318 104.945 0.391
201906 0.047 106.617 0.057
202006 0.049 106.246 0.059
202106 0.046 110.332 0.054
202206 0.046 117.112 0.051
202306 0.042 124.170 0.044
202406 0.036 128.906 0.036

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.


Carnegie Clean Energy  (FRA:CNM1) 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.


Carnegie Clean Energy Cyclically Adjusted PB Ratio Related Terms

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


Carnegie Clean Energy Business Description

Traded in Other Exchanges
Address
21 North Mole Drive, North Fremantle, Fremantle, WA, AUS, 6159
Carnegie Clean Energy Ltd is the developer of utility-scale solar, battery, wave, and hybrid energy projects. The firm is mainly engaged in CETO wave energy technology/microgrid build, own, operator, which is developing and commercializing technology for zero-emission electricity generation from ocean swell, and the production and selling of energy through the ownership of microgrids; and Solar and Battery engineering and procurement. The firm realizes revenue from the sales of Garden Island Microgrid.

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