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Pampa Energia (Pampa Energia) Cyclically Adjusted PB Ratio : 10.68 (As of Jun. 08, 2024)


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What is Pampa Energia Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Pampa Energia's current share price is $43.45. Pampa Energia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.07. Pampa Energia's Cyclically Adjusted PB Ratio for today is 10.68.

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

PAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.33   Med: 8   Max: 20.39
Current: 12.66

During the past years, Pampa Energia's highest Cyclically Adjusted PB Ratio was 20.39. The lowest was 3.33. And the median was 8.00.

PAM's Cyclically Adjusted PB Ratio is ranked worse than
97.08% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs PAM: 12.66

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.

Pampa Energia's adjusted book value per share data for the three months ended in Mar. 2024 was $53.188. 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 $4.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pampa Energia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pampa Energia'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.

Pampa Energia Cyclically Adjusted PB Ratio Chart

Pampa Energia 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 5.14 4.25 5.38 8.07 14.74

Pampa Energia 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 8.27 11.51 12.64 14.74 10.59

Competitive Comparison of Pampa Energia's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Pampa Energia'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.


Pampa Energia's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Pampa Energia 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.

Pampa Energia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.45/4.07
=10.68

* 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.

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

For example, Pampa Energia'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)
=53.188/131.7762*131.7762
=53.188

Current CPI (Mar. 2024) = 131.7762.

Pampa Energia Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.910 100.560 6.434
201409 4.969 100.428 6.520
201412 6.496 99.070 8.641
201503 8.244 99.621 10.905
201506 8.139 100.684 10.652
201509 7.941 100.392 10.424
201512 7.961 99.792 10.513
201603 7.670 100.470 10.060
201606 7.307 101.688 9.469
201609 5.942 101.861 7.687
201612 9.492 101.863 12.279
201703 11.308 102.862 14.487
201706 10.651 103.349 13.581
201709 11.117 104.136 14.068
201712 40.318 104.011 51.081
201803 13.516 105.290 16.916
201806 5.335 106.317 6.613
201809 0.272 106.507 0.337
201812 18.216 105.998 22.646
201903 21.578 107.251 26.512
201906 25.372 108.070 30.938
201909 27.950 108.329 33.999
201912 28.634 108.420 34.802
202003 30.679 108.902 37.123
202006 31.364 108.767 37.999
202009 34.518 109.815 41.421
202012 25.437 109.897 30.501
202103 26.071 111.754 30.742
202106 28.425 114.631 32.676
202109 31.284 115.734 35.620
202112 32.822 117.630 36.769
202203 35.849 121.301 38.945
202206 37.628 125.017 39.662
202209 42.068 125.227 44.268
202212 43.405 125.222 45.677
202303 46.608 127.348 48.229
202306 51.045 128.729 52.253
202309 50.625 129.860 51.372
202312 99.130 129.419 100.935
202403 53.188 131.776 53.188

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.


Pampa Energia  (NYSE:PAM) 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.


Pampa Energia Cyclically Adjusted PB Ratio Related Terms

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


Pampa Energia (Pampa Energia) Business Description

Traded in Other Exchanges
Address
Maipu 1, Buenos Aires, ARG, C1084ABA
Pampa Energia SA and its subsidiaries are engaged in the Energy business. The operating business segments of the firm are Electricity generation, Electricity distribution, Oil and Gas, Petrochemicals, and Holding and other business. The company derives the maximum revenue from the Distribution of energy.