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Jade Power Trust (TSXV:JPWR.H) Cyclically Adjusted PB Ratio : 0.00 (As of May. 18, 2024)


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What is Jade Power Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Jade Power Trust's current share price is C$0.06. Jade Power Trust's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$16.87. 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:

TSXV:JPWR.H's Cyclically Adjusted PB Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.25
* 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.

Jade Power Trust's adjusted book value per share data for the three months ended in Dec. 2023 was C$1.343. 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$16.87 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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
=0.06/16.87
=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 Dec. 2023 is calculated as:

For example, Jade Power Trust'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)
=1.343/125.0724*125.0724
=1.343

Current CPI (Dec. 2023) = 125.0724.

Jade Power Trust Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 98.604 0.000
201406 58.027 99.473 72.960
201409 45.202 99.394 56.880
201412 41.034 98.367 52.174
201503 20.543 99.789 25.748
201506 7.568 100.500 9.418
201509 39.194 100.421 48.815
201512 25.867 99.947 32.370
201603 16.723 101.054 20.698
201606 18.146 102.002 22.250
201609 24.044 101.765 29.551
201612 -3.252 101.449 -4.009
201703 -11.287 102.634 -13.755
201706 -9.419 103.029 -11.434
201709 -12.678 103.345 -15.343
201712 -76.552 103.345 -92.647
201803 19.142 105.004 22.800
201806 20.272 105.557 24.020
201809 16.997 105.636 20.124
201812 18.701 105.399 22.192
201903 17.893 106.979 20.919
201906 18.453 107.690 21.431
201909 17.556 107.611 20.405
201912 18.119 107.769 21.028
202003 20.557 107.927 23.823
202006 19.797 108.401 22.842
202009 20.554 108.164 23.767
202012 20.291 108.559 23.377
202103 19.691 110.298 22.329
202106 20.127 111.720 22.533
202109 20.615 112.905 22.837
202112 19.779 113.774 21.743
202203 19.954 117.646 21.214
202206 19.409 120.806 20.094
202209 19.095 120.648 19.795
202212 1.650 120.964 1.706
202303 1.487 122.702 1.516
202306 1.281 124.203 1.290
202309 1.142 125.230 1.141
202312 1.343 125.072 1.343

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  (TSXV:JPWR.H) 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 (TSXV:JPWR.H) 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 (TSXV:JPWR.H) Headlines

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