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Boardwalk Pipeline Partners LP (FRA:B5P) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is Boardwalk Pipeline Partners LP Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Boardwalk Pipeline Partners LP's adjusted book value per share for the three months ended in Mar. 2024 was €21.708. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Boardwalk Pipeline Partners LP's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Boardwalk Pipeline Partners LP was 6.30% per year. The lowest was 1.10% per year. And the median was 3.70% per year.

As of today (2024-06-10), Boardwalk Pipeline Partners LP's current stock price is €10.27. Boardwalk Pipeline Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. Boardwalk Pipeline Partners LP's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boardwalk Pipeline Partners LP was 1.10. The lowest was 0.51. And the median was 0.93.


Boardwalk Pipeline Partners LP Cyclically Adjusted Book per Share Historical Data

The historical data trend for Boardwalk Pipeline Partners LP's Cyclically Adjusted Book per Share 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.

Boardwalk Pipeline Partners LP Cyclically Adjusted Book per Share Chart

Boardwalk Pipeline Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Boardwalk Pipeline Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Boardwalk Pipeline Partners LP's Cyclically Adjusted Book per Share

For the Oil & Gas Midstream subindustry, Boardwalk Pipeline Partners LP'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.


Boardwalk Pipeline Partners LP's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Boardwalk Pipeline Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Boardwalk Pipeline Partners LP's Cyclically Adjusted PB Ratio falls into.



Boardwalk Pipeline Partners LP Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Boardwalk Pipeline Partners LP'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)
=21.708/131.7762*131.7762
=21.708

Current CPI (Mar. 2024) = 131.7762.

Boardwalk Pipeline Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.378 100.560 16.221
201409 13.060 100.428 17.137
201412 -0.288 99.070 -0.383
201503 16.190 99.621 21.416
201506 15.244 100.684 19.952
201509 15.291 100.392 20.071
201512 15.869 99.792 20.955
201603 15.798 100.470 20.721
201606 15.806 101.688 20.483
201609 15.905 101.861 20.576
201612 17.161 101.863 22.201
201703 17.273 102.862 22.128
201706 16.439 103.349 20.961
201709 15.648 104.136 19.801
201712 15.951 104.011 20.209
201803 15.502 105.290 19.402
201806 16.479 106.317 20.425
201809 16.541 106.507 20.465
201812 17.074 105.998 21.226
201903 17.485 107.251 21.483
201906 17.670 108.070 21.546
201909 18.193 108.329 22.131
201912 18.192 108.420 22.111
202003 18.626 108.902 22.538
202006 18.466 108.767 22.372
202009 17.767 109.815 21.320
202012 17.238 109.897 20.670
202103 18.012 111.754 21.239
202106 18.021 114.631 20.716
202109 18.645 115.734 21.229
202112 19.337 117.630 21.663
202203 20.296 121.301 22.049
202206 21.355 125.017 22.510
202209 23.005 125.227 24.208
202212 21.506 125.222 22.632
202303 21.724 127.348 22.479
202306 21.761 128.729 22.276
202309 22.351 129.860 22.681
202312 21.216 129.419 21.602
202403 21.708 131.776 21.708

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Boardwalk Pipeline Partners LP  (FRA:B5P) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boardwalk Pipeline Partners LP was 1.10. The lowest was 0.51. And the median was 0.93.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Boardwalk Pipeline Partners LP Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Boardwalk Pipeline Partners LP's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Boardwalk Pipeline Partners LP (FRA:B5P) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 2800, Houston, TX, USA, 77046
Boardwalk Pipeline Partners LP was formed to acquire and develop natural gas pipelines and storage facilities. The Company operates in only one reportable segment which is the operation of interstate natural gas and NGLs pipeline systems and integrated storage facilities. It serves producers of natural gas, local distribution companies (LDCs), marketers, electric power generators, industrial users and interstate, and intrastate pipelines.

Boardwalk Pipeline Partners LP (FRA:B5P) Headlines

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