GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Energous Corp (NAS:WATT) » Definitions » Cyclically Adjusted PB Ratio

WATT (Energous) Cyclically Adjusted PB Ratio : 0.03 (As of Oct. 09, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Energous Cyclically Adjusted PB Ratio?

As of today (2024-10-09), Energous's current share price is $0.5799. Energous's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $21.31. Energous's Cyclically Adjusted PB Ratio for today is 0.03.

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

WATT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 1.37
Current: 0.03

During the past years, Energous's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.03. And the median was 0.14.

WATT's Cyclically Adjusted PB Ratio is ranked better than
99.52% of 1656 companies
in the Hardware industry
Industry Median: 1.88 vs WATT: 0.03

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.

Energous's adjusted book value per share data for the three months ended in Jun. 2024 was $0.459. 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 $21.31 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energous Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Energous'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.

Energous Cyclically Adjusted PB Ratio Chart

Energous 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 - - - 1.29 0.13

Energous Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.37 0.12 0.13 0.09 0.05

Competitive Comparison of Energous's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Energous'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.


Energous's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Energous's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Energous 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.

Energous's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.5799/21.31
=0.03

* 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.

Energous's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Energous's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.459/132.5538*132.5538
=0.459

Current CPI (Jun. 2024) = 132.5538.

Energous Quarterly Data

Book Value per Share CPI Adj_Book
201409 38.907 100.428 51.353
201412 49.010 99.070 65.575
201503 40.847 99.621 54.350
201506 32.720 100.684 43.077
201509 26.311 100.392 34.740
201512 35.924 99.792 47.718
201603 25.127 100.470 33.151
201606 14.515 101.688 18.921
201609 25.113 101.861 32.680
201612 28.035 101.863 36.482
201703 19.325 102.862 24.903
201706 11.755 103.349 15.077
201709 17.373 104.136 22.114
201712 10.413 104.011 13.271
201803 33.800 105.290 42.552
201806 27.518 106.317 34.309
201809 20.640 106.507 25.688
201812 13.850 105.998 17.320
201903 22.471 107.251 27.773
201906 17.785 108.070 21.814
201909 13.797 108.329 16.882
201912 11.452 108.420 14.001
202003 9.650 108.902 11.746
202006 10.314 108.767 12.570
202009 8.844 109.815 10.675
202012 16.006 109.897 19.306
202103 13.821 111.754 16.393
202106 11.492 114.631 13.289
202109 8.234 115.734 9.431
202112 12.257 117.630 13.812
202203 10.572 121.301 11.553
202206 8.892 125.017 9.428
202209 7.529 125.227 7.970
202212 6.244 125.222 6.610
202303 4.699 127.348 4.891
202306 3.889 128.729 4.005
202309 2.980 129.860 3.042
202312 2.102 129.419 2.153
202403 1.176 131.776 1.183
202406 0.459 132.554 0.459

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.


Energous  (NAS:WATT) 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.


Energous Cyclically Adjusted PB Ratio Related Terms

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


Energous Business Description

Industry
Traded in Other Exchanges
Address
3590 North First Street, Suite 210, San Jose, CA, USA, 95134
Energous Corp has developed wireless power networks technology (WPNT), consisting of semiconductor chipsets, software controls, hardware designs and antennas, that enable radio frequency (RF) based charging for Internet of Things (IoT) devices. Its products include Transmitter IC & Module, Receivers IC, Transmitter System and other tools.
Executives
Cesar Johnston officer: Senior VP, Engineering 303 RAY STREET, PLEASANTON CA 94566
William T Mannina officer: Acting CFO (Interim) 2300 ORCHARD PARKWAY, C/O SYMMETRICOM, SAN JOSE CA 95131
Sheryl Wilkerson director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Rahul G. Patel director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET STE 210, SAN JOSE CA 95134
J Michael Dodson director 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
David Earle Roberson director
Neeraj Sahejpal officer: Senior VP, Product Marketing C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Brian J Sereda officer: Vice President & CFO 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Daniel W Fairfax director 1421 MCCARTHY BLVD., MILPITAS CA 95035
Reynette K. Au director C/O ENERGOUS CORPORATION, 3590 NORTH FIRST STREET STE 210, SAN JOSE CA 95134
Michael Noonen director C/O 8X8 INC, 2445 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Nicolaos G. Alexopoulos director 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Stephen R Rizzone director, officer: CEO and President METVANTAGE INC, 201 CONTINENETAL BLVD SUITE 201, EL SEGUNDO CA 90245
John Gaulding director C/O MONSTER WORLDWIDE INC, 622 THIRD AVENUE, NEW YORK NY 10017