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NorthWestern Energy Group (NorthWestern Energy Group) Cyclically Adjusted PB Ratio : 1.15 (As of May. 16, 2024)


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What is NorthWestern Energy Group Cyclically Adjusted PB Ratio?

As of today (2024-05-16), NorthWestern Energy Group's current share price is $51.915. NorthWestern Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $45.03. NorthWestern Energy Group's Cyclically Adjusted PB Ratio for today is 1.15.

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

NWE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.03   Max: 2.45
Current: 1.15

During the past years, NorthWestern Energy Group's highest Cyclically Adjusted PB Ratio was 2.45. The lowest was 1.04. And the median was 2.03.

NWE's Cyclically Adjusted PB Ratio is ranked better than
59.96% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs NWE: 1.15

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.

NorthWestern Energy Group's adjusted book value per share data for the three months ended in Mar. 2024 was $45.902. 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 $45.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NorthWestern Energy Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NorthWestern Energy Group'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.

NorthWestern Energy Group Cyclically Adjusted PB Ratio Chart

NorthWestern Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 1.69 1.49 1.40 1.14

NorthWestern Energy Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.34 1.29 1.08 1.14 1.13

Competitive Comparison of NorthWestern Energy Group's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, NorthWestern Energy Group'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.


NorthWestern Energy Group's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NorthWestern Energy Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NorthWestern Energy Group 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.

NorthWestern Energy Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.915/45.03
=1.15

* 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.

NorthWestern Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, NorthWestern Energy Group'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)
=45.902/131.7762*131.7762
=45.902

Current CPI (Mar. 2024) = 131.7762.

NorthWestern Energy Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.263 100.560 35.726
201409 27.634 100.428 36.260
201412 31.499 99.070 41.898
201503 32.020 99.621 42.355
201506 32.227 100.684 42.179
201509 32.269 100.392 42.357
201512 33.218 99.792 43.864
201603 33.425 100.470 43.840
201606 33.691 101.688 43.660
201609 34.118 101.861 44.138
201612 34.682 101.863 44.867
201703 35.282 102.862 45.200
201706 35.250 103.349 44.946
201709 35.545 104.136 44.980
201712 36.436 104.011 46.162
201803 37.083 105.290 46.412
201806 37.717 106.317 46.749
201809 37.756 106.507 46.714
201812 38.598 105.998 47.985
201903 39.449 107.251 48.470
201906 39.849 108.070 48.590
201909 39.736 108.329 48.336
201912 40.416 108.420 49.123
202003 40.748 108.902 49.307
202006 40.605 108.767 49.195
202009 40.619 109.815 48.742
202012 41.100 109.897 49.283
202103 41.709 111.754 49.182
202106 42.229 114.631 48.545
202109 42.705 115.734 48.624
202112 43.280 117.630 48.485
202203 43.722 121.301 47.498
202206 43.893 125.017 46.266
202209 43.916 125.227 46.213
202212 44.610 125.222 46.945
202303 45.038 127.348 46.604
202306 44.785 128.729 45.845
202309 44.747 129.860 45.407
202312 45.475 129.419 46.303
202403 45.902 131.776 45.902

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.


NorthWestern Energy Group  (NAS:NWE) 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.


NorthWestern Energy Group Cyclically Adjusted PB Ratio Related Terms

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


NorthWestern Energy Group (NorthWestern Energy Group) Business Description

Traded in Other Exchanges
Address
3010 West 69th Street, Sioux Falls, SD, USA, 57108
NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric utility operations, which include the generation, purchase, transmission, and distribution of electricity, and Natural Gas utility operations, which include the production, purchase, transmission, storage, and distribution of natural gas. The company uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of retail electric utility revenue from commercial and residential sales.
Executives
Bleau Lafave officer: VP Asset Mgmt & Bus Dvlpmt 3010 W. 69TH STREET, SIOUX FALLS SD 57108
Sherina M. Edwards director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jan Robert Horsfall director
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Cynthia Fang officer: Vice President - Regulatory 208 N. MONTANA AVE., SUITE 200, HELENA MT 59601
Shannon Heim officer: Vice President and GC 208 N. MONTANA AVE., SUITE 200, HELENA MT 59601
Bobbi L Schroeppel officer: VP Cust. Care & Communications 125 S. DAKOTA AVENUE, SIOUX FALLS SD 57104
Brian B Bird officer: VP, CFO & Treasurer 125 S DAKOTA AVE, SIOUX FALLS SD 57104
Michael R Cashell officer: Vice President - Transmission 40 EAST BROADWAY STREET, BUTTE MT 59701
Robert C Rowe director, officer: President & CEO 3010 WEST 69TH STREET, SIOUX FALLS SD 57108
Jason Merkel officer: VP - Distribution 1313 NORTH LAST CHANCE GULCH, HELENA MT 59601
Kent T Larson director 3010 W. 69TH STREET, SIOUX FALLS SD 57108
Curtis T Pohl officer: Vice President - Distribution 125 S. DAKOTA AVENUE, SIOUX FALLS SD 57104
Anthony Thomas Clark director 3010 W 69TH STREET, SIOUX FALLS SD 57108
H. Grahame Heather officer: VP & General Counsel 209 N. MONTANA AVENUE, SUITE 205, HELENA MT 59601

NorthWestern Energy Group (NorthWestern Energy Group) Headlines