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Jade Power Trust (Jade Power Trust) Cyclically Adjusted Book per Share : $27.73 (As of Mar. 2024)


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What is Jade Power Trust 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.

Jade Power Trust's adjusted book value per share for the three months ended in Mar. 2024 was $0.959. 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 $27.73 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-09), Jade Power Trust's current stock price is $0.10. Jade Power Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.73. Jade Power Trust's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Jade Power Trust was 0.01. The lowest was 0.00. And the median was 0.00.


Jade Power Trust Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jade Power Trust'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.

Jade Power Trust Cyclically Adjusted Book per Share Chart

Jade Power Trust 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 - - - - 25.31

Jade Power Trust 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 - - - 25.31 27.73

Competitive Comparison of Jade Power Trust's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Jade Power Trust'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.


Jade Power Trust's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Jade Power Trust's Cyclically Adjusted PB Ratio falls into.



Jade Power Trust 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, Jade Power Trust'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)
=0.959/126.2576*126.2576
=0.959

Current CPI (Mar. 2024) = 126.2576.

Jade Power Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 53.582 99.473 68.010
201409 41.052 99.394 52.147
201412 35.580 98.367 45.668
201503 16.277 99.789 20.594
201506 6.120 100.500 7.688
201509 29.544 100.421 37.145
201512 18.865 99.947 23.831
201603 12.644 101.054 15.798
201606 14.072 102.002 17.418
201609 18.342 101.765 22.757
201612 -2.437 101.449 -3.033
201703 -8.432 102.634 -10.373
201706 -7.084 103.029 -8.681
201709 -10.325 103.345 -12.614
201712 -59.951 103.345 -73.243
201803 14.801 105.004 17.797
201806 15.445 105.557 18.474
201809 13.040 105.636 15.586
201812 13.919 105.399 16.674
201903 13.382 106.979 15.794
201906 13.886 107.690 16.280
201909 13.259 107.611 15.556
201912 13.758 107.769 16.118
202003 14.726 107.927 17.227
202006 14.608 108.401 17.014
202009 15.536 108.164 18.135
202012 15.841 108.559 18.424
202103 15.666 110.298 17.933
202106 16.470 111.720 18.613
202109 16.270 112.905 18.194
202112 15.453 113.774 17.149
202203 15.761 117.646 16.915
202206 15.158 120.806 15.842
202209 14.315 120.648 14.981
202212 1.215 120.964 1.268
202303 1.087 122.702 1.118
202306 0.964 124.203 0.980
202309 0.844 125.230 0.851
202312 1.001 125.072 1.010
202403 0.959 126.258 0.959

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


Jade Power Trust  (OTCPK:TNSTF) 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.

Jade Power Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.10/27.73
=0.00

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Jade Power Trust was 0.01. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Jade Power Trust Cyclically Adjusted Book per Share Related Terms

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


Jade Power Trust (Jade Power Trust) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Jade Power Trust is engaged in the energy business. It is focused on the development and generation of energy from clean energy sources. Its portfolio currently consists of wind, solar, and hydro power generation assets. The company owns and operates two wind projects named Baia and East Wind, two photovoltaic solar power production plants named Corabia and PowerLIVE, and two hydroelectric facilities named Rott and Zagra.

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