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Chesapeake Utilities (STU:CH5) Cyclically Adjusted Book per Share : €36.70 (As of Mar. 2024)


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What is Chesapeake Utilities Cyclically Adjusted Book per Share?

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.

Chesapeake Utilities's adjusted book value per share for the three months ended in Mar. 2024 was €52.922. 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 €36.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chesapeake Utilities's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Chesapeake Utilities was 13.40% per year. The lowest was 1.10% per year. And the median was 4.80% per year.

As of today (2024-05-26), Chesapeake Utilities's current stock price is €99.50. Chesapeake Utilities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €36.70. Chesapeake Utilities's Cyclically Adjusted PB Ratio of today is 2.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chesapeake Utilities was 4.71. The lowest was 2.24. And the median was 3.56.


Chesapeake Utilities Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chesapeake Utilities'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.

Chesapeake Utilities Cyclically Adjusted Book per Share Chart

Chesapeake Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 34.99

Chesapeake Utilities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - 37.17 34.99 36.70

Competitive Comparison of Chesapeake Utilities's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Chesapeake Utilities'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.


Chesapeake Utilities's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Chesapeake Utilities 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, Chesapeake Utilities'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)
=52.922/131.7762*131.7762
=52.922

Current CPI (Mar. 2024) = 131.7762.

Chesapeake Utilities Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.966 100.560 19.612
201409 15.769 100.428 20.691
201412 16.695 99.070 22.207
201503 20.071 99.621 26.549
201506 20.527 100.684 26.866
201509 20.624 100.392 27.072
201512 21.530 99.792 28.430
201603 21.959 100.470 28.801
201606 22.050 101.688 28.574
201609 23.963 101.861 31.001
201612 25.939 101.863 33.556
201703 26.382 102.862 33.798
201706 25.140 103.349 32.055
201709 23.809 104.136 30.129
201712 25.141 104.011 31.852
201803 25.040 105.290 31.339
201806 26.549 106.317 32.907
201809 26.597 106.507 32.907
201812 27.824 105.998 34.591
201903 29.343 107.251 36.053
201906 29.370 108.070 35.813
201909 30.151 108.329 36.677
201912 30.811 108.420 37.448
202003 32.169 108.902 38.926
202006 31.999 108.767 38.768
202009 31.358 109.815 37.629
202012 32.815 109.897 39.348
202103 34.824 111.754 41.063
202106 35.035 114.631 40.275
202109 36.293 115.734 41.324
202112 38.804 117.630 43.471
202203 41.277 121.301 44.842
202206 43.511 125.017 45.864
202209 46.372 125.227 48.797
202212 44.312 125.222 46.631
202303 45.077 127.348 46.645
202306 44.822 128.729 45.883
202309 45.631 129.860 46.305
202312 51.390 129.419 52.326
202403 52.922 131.776 52.922

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


Chesapeake Utilities  (STU:CH5) 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.

Chesapeake Utilities's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=99.50/36.7
=2.71

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chesapeake Utilities was 4.71. The lowest was 2.24. And the median was 3.56.


Be Aware

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


Chesapeake Utilities Cyclically Adjusted Book per Share Related Terms

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


Chesapeake Utilities (STU:CH5) Business Description

Traded in Other Exchanges
Address
500 Energy Lane, Dover, DE, USA, 19901
Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.

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