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Westbridge Renewable Energy (FRA:PUQ) Cyclically Adjusted PB Ratio : 3.40 (As of Jun. 01, 2024)


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What is Westbridge Renewable Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Westbridge Renewable Energy's current share price is €0.68. Westbridge Renewable Energy's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €0.20. Westbridge Renewable Energy's Cyclically Adjusted PB Ratio for today is 3.40.

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

FRA:PUQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 3.72
Current: 3.72

During the past years, Westbridge Renewable Energy's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 0.01. And the median was 0.06.

FRA:PUQ's Cyclically Adjusted PB Ratio is ranked worse than
84.44% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.27 vs FRA:PUQ: 3.72

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.

Westbridge Renewable Energy's adjusted book value per share data for the three months ended in Feb. 2024 was €0.277. 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 €0.20 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westbridge Renewable Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Westbridge Renewable 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.

Westbridge Renewable Energy Cyclically Adjusted PB Ratio Chart

Westbridge Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.08 0.25 0.48 2.43

Westbridge Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.86 1.80 1.72 2.43 3.23

Competitive Comparison of Westbridge Renewable Energy's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Westbridge Renewable 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.


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

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

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



Westbridge Renewable 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.

Westbridge Renewable Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.68/0.2
=3.40

* 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.

Westbridge Renewable Energy's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Westbridge Renewable Energy's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.277/125.4675*125.4675
=0.277

Current CPI (Feb. 2024) = 125.4675.

Westbridge Renewable Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.083 98.604 2.650
201406 2.126 99.473 2.682
201409 2.166 99.394 2.734
201412 -0.013 98.367 -0.017
201503 -0.017 99.789 -0.021
201506 -0.033 100.500 -0.041
201509 -0.041 100.421 -0.051
201512 -0.052 99.947 -0.065
201603 -0.059 101.054 -0.073
201606 -0.003 102.002 -0.004
201609 -0.006 101.765 -0.007
201612 -0.027 101.449 -0.033
201703 -0.030 102.634 -0.037
201706 -0.031 103.029 -0.038
201709 -0.035 103.345 -0.042
201712 -0.034 103.345 -0.041
201803 -0.028 105.004 -0.033
201806 -0.030 105.557 -0.036
201809 -0.032 105.636 -0.038
201812 -0.059 105.399 -0.070
201903 -0.053 106.979 -0.062
201906 -0.049 107.690 -0.057
201909 -0.051 107.611 -0.059
201912 -0.051 107.769 -0.059
202003 -0.050 107.927 -0.058
202006 -0.013 108.401 -0.015
202009 -0.013 108.164 -0.015
202012 0.019 108.559 0.022
202103 0.016 110.298 0.018
202108 0.039 112.668 0.043
202111 0.038 113.932 0.042
202202 0.036 115.986 0.039
202205 0.034 120.016 0.036
202208 0.043 120.569 0.045
202211 0.049 121.675 0.051
202302 0.043 122.070 0.044
202305 0.043 124.045 0.043
202308 0.032 125.389 0.032
202311 0.039 125.468 0.039
202402 0.277 125.468 0.277

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.


Westbridge Renewable Energy  (FRA:PUQ) 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.


Westbridge Renewable Energy Cyclically Adjusted PB Ratio Related Terms

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


Westbridge Renewable Energy (FRA:PUQ) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is focused on delivering attractive, long-term returns by identifying, originating, and developing a global portfolio of renewable assets for investors and utilities. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy.

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