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Alaska Hydro (TSXV:AKH.H) Cyclically Adjusted Book per Share : C$-0.01 (As of Dec. 2023)


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What is Alaska Hydro 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.

Alaska Hydro's adjusted book value per share for the three months ended in Dec. 2023 was C$-0.006. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-0.01 for the trailing ten years ended in Dec. 2023.

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 (2024-05-31), Alaska Hydro's current stock price is C$0.01. Alaska Hydro's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$-0.01. Alaska Hydro's Cyclically Adjusted PB Ratio of today is .


Alaska Hydro Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alaska Hydro'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.

Alaska Hydro Cyclically Adjusted Book per Share Chart

Alaska Hydro 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 -0.01 -0.01 -0.01 -0.01 -0.01

Alaska Hydro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Alaska Hydro's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Alaska Hydro'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.


Alaska Hydro's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Alaska Hydro 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, Alaska Hydro'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)
=-0.006/125.0724*125.0724
=-0.006

Current CPI (Dec. 2023) = 125.0724.

Alaska Hydro Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.011 98.604 -0.014
201406 -0.011 99.473 -0.014
201409 -0.012 99.394 -0.015
201412 -0.018 98.367 -0.023
201503 -0.015 99.789 -0.019
201506 -0.014 100.500 -0.017
201509 -0.002 100.421 -0.002
201512 -0.003 99.947 -0.004
201603 0.001 101.054 0.001
201606 0.001 102.002 0.001
201609 0.001 101.765 0.001
201612 0.000 101.449 0.000
201703 0.002 102.634 0.002
201706 0.001 103.029 0.001
201709 0.000 103.345 0.000
201712 -0.001 103.345 -0.001
201803 -0.001 105.004 -0.001
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 -0.001 106.979 -0.001
201906 -0.001 107.690 -0.001
201909 -0.001 107.611 -0.001
201912 -0.004 107.769 -0.005
202003 -0.004 107.927 -0.005
202006 -0.004 108.401 -0.005
202009 -0.005 108.164 -0.006
202012 -0.005 108.559 -0.006
202103 -0.005 110.298 -0.006
202106 -0.004 111.720 -0.004
202109 -0.005 112.905 -0.006
202112 -0.005 113.774 -0.005
202203 -0.005 117.646 -0.005
202206 -0.004 120.806 -0.004
202209 -0.006 120.648 -0.006
202212 -0.004 120.964 -0.004
202303 -0.004 122.702 -0.004
202306 -0.005 124.203 -0.005
202309 -0.005 125.230 -0.005
202312 -0.006 125.072 -0.006

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


Alaska Hydro  (TSXV:AKH.H) 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.


Be Aware

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


Alaska Hydro Cyclically Adjusted Book per Share Related Terms

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


Alaska Hydro (TSXV:AKH.H) Business Description

Traded in Other Exchanges
Address
2633 Carnation Street, North Vancouver, BC, CAN, V7H 1H6
Alaska Hydro Corp is principally engaged in the generation and sale of electricity business activities. It also involved in development, distribution, transmission, and marketing of electrical power. The company operates More Creek Hydroelectric Project with the electric generation power capacity of 306 GWh. It involved in the development of clean, renewable, and Hydroelectric power generation. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Canada.

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