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Chart Industries (Chart Industries) Cyclically Adjusted PB Ratio : 3.66 (As of Apr. 28, 2024)


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What is Chart Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Chart Industries's current share price is $150.00. Chart Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $40.96. Chart Industries's Cyclically Adjusted PB Ratio for today is 3.66.

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

GTLS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.99   Max: 7.21
Current: 3.66

During the past years, Chart Industries's highest Cyclically Adjusted PB Ratio was 7.21. The lowest was 0.63. And the median was 2.99.

GTLS's Cyclically Adjusted PB Ratio is ranked worse than
77.25% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs GTLS: 3.66

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.

Chart Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $65.175. 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 $40.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chart Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chart Industries'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.

Chart Industries Cyclically Adjusted PB Ratio Chart

Chart Industries 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 2.56 4.14 4.90 3.14 3.33

Chart Industries 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 3.14 3.29 4.07 4.19 3.33

Competitive Comparison of Chart Industries's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Chart Industries'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.


Chart Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chart Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chart Industries 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.

Chart Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=150.00/40.96
=3.66

* 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.

Chart Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Chart Industries'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)
=65.175/129.4194*129.4194
=65.175

Current CPI (Dec. 2023) = 129.4194.

Chart Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 27.058 99.695 35.126
201406 27.773 100.560 35.744
201409 28.302 100.428 36.472
201412 28.865 99.070 37.708
201503 28.887 99.621 37.528
201506 29.600 100.684 38.048
201509 29.604 100.392 38.164
201512 21.954 99.792 28.472
201603 22.111 100.470 28.482
201606 22.658 101.688 28.837
201609 23.215 101.861 29.496
201612 22.774 101.863 28.935
201703 22.841 102.862 28.738
201706 23.365 103.349 29.259
201709 23.720 104.136 29.479
201712 26.041 104.011 32.402
201803 26.636 105.290 32.740
201806 26.335 106.317 32.058
201809 26.818 106.507 32.587
201812 28.201 105.998 34.432
201903 28.010 107.251 33.800
201906 33.365 108.070 39.956
201909 33.480 108.329 39.998
201912 34.291 108.420 40.933
202003 33.661 108.902 40.003
202006 35.220 108.767 41.907
202009 36.450 109.815 42.957
202012 44.395 109.897 52.282
202103 42.891 111.754 49.671
202106 43.337 114.631 48.928
202109 43.493 115.734 48.636
202112 44.232 117.630 48.665
202203 44.264 121.301 47.226
202206 43.834 125.017 45.378
202209 44.150 125.227 45.628
202212 62.860 125.222 64.967
202303 62.508 127.348 63.525
202306 62.578 128.729 62.914
202309 61.426 129.860 61.218
202312 65.175 129.419 65.175

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.


Chart Industries  (NYSE:GTLS) 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.


Chart Industries Cyclically Adjusted PB Ratio Related Terms

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


Chart Industries (Chart Industries) Business Description

Traded in Other Exchanges
Address
2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, USA, 30107
Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.
Executives
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Andrew R Cichocki director C/O CHART INDUSTRIES, INC., 2200 AIRPORT INDUSTRIAL DRIVE, SUITE 100, BALL GROUND GA 30107
Stephanie Winn Everett officer: Chief Accounting Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Paul E Mahoney director C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Spencer S Stiles director 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Gerald F Vinci officer: VP & Chief Human Resources Ofc 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Jillian C. Evanko officer: VP, CFO, CAO and Treasurer 1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Roger A Strauch director 125 GUILFORD ROAD, PIEDMONT CA 94611
David M. Sagehorn director 2307 OREGON STREET, PO BOX 2566, OSHKOSH WI 54903-2566
Brian Patrick Bostrom officer: Chief Technology Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Joseph Robert Brinkman officer: VP & Chief Financial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Ducote Douglas A Jr. officer: Chief Technology Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Paula Harris director 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Joseph A Belling officer: Chief Commercial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Robin M Catalano officer: VP & Chief Accounting Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107