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Brookfield Renewable Partners LP (Brookfield Renewable Partners LP) Cyclically Adjusted Book per Share : $18.67 (As of Mar. 2024)


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What is Brookfield Renewable Partners LP 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.

Brookfield Renewable Partners LP's adjusted book value per share for the three months ended in Mar. 2024 was $15.658. 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 $18.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brookfield Renewable Partners LP's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Brookfield Renewable Partners LP was 16.10% per year. The lowest was 2.30% per year. And the median was 12.15% per year.

As of today (2024-06-02), Brookfield Renewable Partners LP's current stock price is $27.87. Brookfield Renewable Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $18.67. Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio of today is 1.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brookfield Renewable Partners LP was 2.69. The lowest was 1.00. And the median was 1.51.


Brookfield Renewable Partners LP Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brookfield Renewable Partners LP'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.

Brookfield Renewable Partners LP Cyclically Adjusted Book per Share Chart

Brookfield Renewable Partners LP 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 16.44 18.30 19.09 17.63 18.85

Brookfield Renewable Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.00 18.63 18.40 18.85 18.67

Competitive Comparison of Brookfield Renewable Partners LP's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Brookfield Renewable Partners LP'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.


Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio falls into.



Brookfield Renewable Partners LP 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, Brookfield Renewable Partners LP'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)
=15.658/131.7762*131.7762
=15.658

Current CPI (Mar. 2024) = 131.7762.

Brookfield Renewable Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.784 100.560 18.063
201409 12.847 100.428 16.857
201412 14.728 99.070 19.590
201503 13.454 99.621 17.797
201506 13.486 100.684 17.651
201509 12.016 100.392 15.772
201512 13.758 99.792 18.167
201603 14.469 100.470 18.977
201606 15.524 101.688 20.117
201609 15.140 101.861 19.586
201612 15.072 101.863 19.498
201703 15.750 102.862 20.177
201706 15.278 103.349 19.480
201709 15.303 104.136 19.365
201712 16.509 104.011 20.916
201803 17.023 105.290 21.305
201806 16.032 106.317 19.871
201809 15.409 106.507 19.065
201812 19.353 105.998 24.060
201903 19.662 107.251 24.158
201906 19.384 108.070 23.636
201909 18.393 108.329 22.374
201912 20.159 108.420 24.502
202003 18.855 108.902 22.815
202006 18.304 108.767 22.176
202009 15.288 109.815 18.345
202012 17.730 109.897 21.260
202103 16.418 111.754 19.359
202106 16.276 114.631 18.710
202109 14.810 115.734 16.863
202112 18.078 117.630 20.252
202203 18.055 121.301 19.614
202206 17.007 125.017 17.927
202209 16.198 125.227 17.045
202212 17.635 125.222 18.558
202303 17.402 127.348 18.007
202306 17.584 128.729 18.000
202309 17.076 129.860 17.328
202312 16.447 129.419 16.747
202403 15.658 131.776 15.658

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


Brookfield Renewable Partners LP  (NYSE:BEP) 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.

Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.87/18.67
=1.49

* 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 Brookfield Renewable Partners LP was 2.69. The lowest was 1.00. And the median was 1.51.


Be Aware

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


Brookfield Renewable Partners LP Cyclically Adjusted Book per Share Related Terms

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Brookfield Renewable Partners LP (Brookfield Renewable Partners LP) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.

Brookfield Renewable Partners LP (Brookfield Renewable Partners LP) Headlines