GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jade Power Trust (OTCPK:TNSTF) » Definitions » Cyclically Adjusted PB Ratio

Jade Power Trust (Jade Power Trust) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 09, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jade Power Trust Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Jade Power Trust's current share 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 for today is 0.00.

The historical rank and industry rank for Jade Power Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

TNSTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.01
Current: 0.01

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

TNSTF's Cyclically Adjusted PB Ratio is ranked better than
99.64% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs TNSTF: 0.01

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jade Power Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jade Power Trust'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.

Jade Power Trust Cyclically Adjusted PB Ratio Chart

Jade Power Trust 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 - - - - 0.01

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 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 - - - 0.01 -

Competitive Comparison of Jade Power Trust's Cyclically Adjusted PB Ratio

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 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.

Jade Power Trust's Cyclically Adjusted PB Ratio for 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.

Jade Power Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Jade Power Trust  (OTCPK:TNSTF) 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.


Jade Power Trust Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Jade Power Trust's Cyclically Adjusted PB Ratio 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.

Jade Power Trust (Jade Power Trust) Headlines

No Headlines