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American Water Works Co (American Water Works Co) Cyclically Adjusted Book per Share : $40.80 (As of Mar. 2024)


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What is American Water Works Co 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.

American Water Works Co's adjusted book value per share for the three months ended in Mar. 2024 was $51.365. 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 $40.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American Water Works Co's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 American Water Works Co was 226.50% per year. The lowest was -64.30% per year. And the median was 3.30% per year.

As of today (2024-05-16), American Water Works Co's current stock price is $133.56. American Water Works Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $40.80. American Water Works Co's Cyclically Adjusted PB Ratio of today is 3.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American Water Works Co was 5.62. The lowest was 1.56. And the median was 3.10.


American Water Works Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for American Water Works Co'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.

American Water Works Co Cyclically Adjusted Book per Share Chart

American Water Works Co 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 29.99 31.16 34.26 37.51 40.38

American Water Works Co 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 38.55 39.37 40.14 40.38 40.80

Competitive Comparison of American Water Works Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, American Water Works Co'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.


American Water Works Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where American Water Works Co's Cyclically Adjusted PB Ratio falls into.



American Water Works Co 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, American Water Works Co'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)
=51.365/131.7762*131.7762
=51.365

Current CPI (Mar. 2024) = 131.7762.

American Water Works Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.203 100.560 35.648
201409 27.443 100.428 36.009
201412 27.387 99.070 36.428
201503 27.751 99.621 36.708
201506 28.057 100.684 36.721
201509 28.769 100.392 37.763
201512 28.320 99.792 37.397
201603 28.593 100.470 37.502
201606 28.966 101.688 37.537
201609 29.427 101.861 38.069
201612 29.299 101.863 37.903
201703 29.748 102.862 38.110
201706 30.200 103.349 38.507
201709 30.935 104.136 39.146
201712 30.177 104.011 38.233
201803 30.617 105.290 38.319
201806 31.780 106.317 39.390
201809 32.448 106.507 40.147
201812 32.454 105.998 40.347
201903 32.862 107.251 40.377
201906 33.362 108.070 40.680
201909 34.242 108.329 41.653
201912 33.853 108.420 41.146
202003 34.488 108.902 41.732
202006 34.978 108.767 42.377
202009 35.924 109.815 43.108
202012 35.599 109.897 42.686
202103 36.276 111.754 42.775
202106 36.861 114.631 42.374
202109 37.822 115.734 43.064
202112 40.185 117.630 45.018
202203 41.045 121.301 44.590
202206 41.643 125.017 43.895
202209 42.667 125.227 44.899
202212 42.302 125.222 44.516
202303 49.049 127.348 50.755
202306 49.833 128.729 51.013
202309 50.831 129.860 51.581
202312 50.311 129.419 51.227
202403 51.365 131.776 51.365

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


American Water Works Co  (NYSE:AWK) 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.

American Water Works Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=133.56/40.8
=3.27

* 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 American Water Works Co was 5.62. The lowest was 1.56. And the median was 3.10.


Be Aware

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


American Water Works Co Cyclically Adjusted Book per Share Related Terms

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


American Water Works Co (American Water Works Co) Business Description

Address
1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Executives
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Laurie P. Havanec director ONE CARRIER PLACE, FARMINGTON CT 06032
Melanie M Kennedy officer: SVP, Human Resources 1 WATER STREET, CAMDEN NJ 08102-1658
John C. Griffith officer: EVP Chief Financial Officer 1 WATER STREET, CAMDEN NJ 08102-1658
James H Gallegos officer: EVP and General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658
Cheryl Norton officer: SVP,Chief Envrn Off & East Div 1 WATER STREET, CAMDEN NJ 08102-1658
Melissa K. Wikle officer: Vice President and Controller 1 WATER STREET, CAMDEN NJ 08102-1658
Walter Lynch officer: Executive VP, Eastern Division 1 WATER STREET, CAMDEN NJ 08102-1658
Maureen Duffy officer: VP,Corp.Comm.&External Affairs 1 WATER STREET, CAMDEN NJ 08102-1658
Adam W. Noble officer: Chief Tech. & Innov. Officer 1 WATER STREET, CAMDEN NJ 08102-1658
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Bruce A Hauk officer: Pres, Reg. Ops & Military Serv 110 W. TAYLOR STREET, SAN JOSE CA 95110
Kevin B Kirwan officer: SVP, Chief Op Excel&Safety Off 1 WATER STREET, CAMDEN NJ 08102-1658
Michael A Sgro officer: Interim General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658