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Atmos Energy (BSP:A1TM34) Cyclically Adjusted Book per Share : R$179.25 (As of Mar. 2025)


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What is Atmos Energy 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.

Atmos Energy's adjusted book value per share for the three months ended in Mar. 2025 was R$238.139. 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 R$179.25 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Atmos Energy's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Atmos Energy was 13.20% per year. The lowest was 2.10% per year. And the median was 5.60% per year.

As of today (2025-06-01), Atmos Energy's current stock price is R$444.42. Atmos Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$179.25. Atmos Energy's Cyclically Adjusted PB Ratio of today is 2.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atmos Energy was 3.39. The lowest was 1.92. And the median was 2.53.


Atmos Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atmos Energy'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.

Atmos Energy Cyclically Adjusted Book per Share Chart

Atmos Energy Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.12 116.81 146.14 138.14 161.69

Atmos Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 140.11 153.51 161.69 186.26 179.25

Competitive Comparison of Atmos Energy's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Atmos Energy'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.


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

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

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


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Atmos Energy 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, Atmos Energy's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=238.139/134.9266*134.9266
=238.139

Current CPI (Mar. 2025) = 134.9266.

Atmos Energy Quarterly Data

Book Value per Share CPI Adj_Book
201506 49.718 100.684 66.627
201509 61.441 100.392 82.577
201512 62.199 99.792 84.098
201603 60.504 100.470 81.254
201606 57.152 101.688 75.833
201609 54.200 101.861 71.794
201612 59.016 101.863 78.172
201703 56.963 102.862 74.720
201706 60.615 103.349 79.135
201709 57.550 104.136 74.566
201712 67.758 104.011 87.898
201803 69.698 105.290 89.317
201806 80.706 106.317 102.424
201809 88.064 106.507 111.563
201812 88.838 105.998 113.083
201903 90.419 107.251 113.752
201906 92.024 108.070 114.894
201909 99.247 108.329 123.614
201912 102.858 108.420 128.005
202003 125.930 108.902 156.025
202006 135.891 108.767 168.574
202009 145.662 109.815 178.971
202012 144.786 109.897 177.762
202103 168.641 111.754 203.609
202106 149.443 114.631 175.902
202109 157.606 115.734 183.742
202112 173.072 117.630 198.522
202203 160.792 121.301 178.854
202206 167.215 125.017 180.470
202209 175.270 125.227 188.846
202212 180.206 125.222 194.172
202303 183.946 127.348 194.893
202306 174.675 128.729 183.085
202309 180.763 129.860 187.816
202312 183.103 129.419 190.895
202403 191.744 131.776 196.328
202406 211.363 132.554 215.147
202409 216.821 133.029 219.914
202412 245.624 133.157 248.888
202503 238.139 134.927 238.139

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


Atmos Energy  (BSP:A1TM34) 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.

Atmos Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=444.42/179.25
=2.48

* 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 Atmos Energy was 3.39. The lowest was 1.92. And the median was 2.53.


Be Aware

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


Atmos Energy Cyclically Adjusted Book per Share Related Terms

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


Atmos Energy Business Description

Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.

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