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Capstone Green Energy (FRA:TBN2) Cyclically Adjusted PB Ratio : 0.02 (As of May. 28, 2024)


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What is Capstone Green Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Capstone Green Energy's current share price is €0.2345. Capstone Green Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was €9.71. Capstone Green Energy's Cyclically Adjusted PB Ratio for today is 0.02.

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

FRA:TBN2's Cyclically Adjusted PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.84
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Capstone Green Energy's adjusted book value per share data for the three months ended in Dec. 2022 was €0.056. 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 €9.71 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capstone Green Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capstone Green 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.

Capstone Green Energy Cyclically Adjusted PB Ratio Chart

Capstone Green Energy Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.39 0.06 0.56 0.29

Capstone Green Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.22 0.29 0.18 0.14 0.13

Competitive Comparison of Capstone Green Energy's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Capstone Green 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.


Capstone Green Energy's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Capstone Green Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Capstone Green 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.

Capstone Green Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2345/9.71
=0.02

* 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.

Capstone Green Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Capstone Green Energy's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.056/125.2218*125.2218
=0.056

Current CPI (Dec. 2022) = 125.2218.

Capstone Green Energy Quarterly Data

Book Value per Share CPI Adj_Book
201303 21.230 98.209 27.069
201306 17.781 98.518 22.601
201309 15.819 98.790 20.051
201312 17.209 98.326 21.916
201403 15.883 99.695 19.950
201406 25.755 100.560 32.071
201409 24.396 100.428 30.419
201412 23.846 99.070 30.141
201503 19.412 99.621 24.401
201506 15.707 100.684 19.535
201509 12.167 100.392 15.176
201512 11.045 99.792 13.860
201603 9.353 100.470 11.657
201606 9.922 101.688 12.218
201609 8.113 101.861 9.974
201612 5.879 101.863 7.227
201703 5.036 102.862 6.131
201706 4.100 103.349 4.968
201709 3.382 104.136 4.067
201712 3.744 104.011 4.508
201803 3.670 105.290 4.365
201806 3.475 106.317 4.093
201809 3.165 106.507 3.721
201812 3.029 105.998 3.578
201903 2.850 107.251 3.328
201906 2.304 108.070 2.670
201909 2.225 108.329 2.572
201912 1.675 108.420 1.935
202003 1.152 108.902 1.325
202006 1.037 108.767 1.194
202009 0.678 109.815 0.773
202012 0.168 109.897 0.191
202103 0.863 111.754 0.967
202106 1.235 114.631 1.349
202109 0.936 115.734 1.013
202112 0.695 117.630 0.740
202203 0.321 121.301 0.331
202206 0.221 125.017 0.221
202209 0.335 125.227 0.335
202212 0.056 125.222 0.056

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.


Capstone Green Energy  (FRA:TBN2) 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.


Capstone Green Energy Cyclically Adjusted PB Ratio Related Terms

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


Capstone Green Energy (FRA:TBN2) Business Description

Traded in Other Exchanges
N/A
Address
16640 Stagg Street, Van Nuys, Los Angles, CA, USA, 91406
Capstone Green Energy Corp is the producer of low-emission microturbine systems. The company develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications. Capstone Turbine's products include onboard generation for hybrid electric vehicles; conversion of oil field and biomass waste gases into electricity; combined heat, power, and chilling solutions; capacity addition; and standby power.

Capstone Green Energy (FRA:TBN2) Headlines

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