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Chart Industries (FRA:I3N) Cyclically Adjusted Book per Share : €37.71 (As of Dec. 2023)


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What is Chart Industries 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.

Chart Industries's adjusted book value per share for the three months ended in Dec. 2023 was €59.765. 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 €37.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chart Industries's average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Chart Industries was 30.00% per year. The lowest was 5.30% per year. And the median was 10.50% per year.

As of today (2024-05-04), Chart Industries's current stock price is €134.10. Chart Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €37.71. Chart Industries's Cyclically Adjusted PB Ratio of today is 3.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chart Industries was 7.21. The lowest was 0.63. And the median was 2.99.


Chart Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chart Industries'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.

Chart Industries Cyclically Adjusted Book per Share Chart

Chart Industries 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 23.64 22.49 28.17 33.34 37.71

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 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 33.34 34.42 35.92 37.94 37.71

Competitive Comparison of Chart Industries's Cyclically Adjusted Book per Share

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 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, 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)
=59.765/129.4194*129.4194
=59.765

Current CPI (Dec. 2023) = 129.4194.

Chart Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.563 99.695 25.396
201406 20.441 100.560 26.307
201409 21.962 100.428 28.302
201412 23.410 99.070 30.582
201503 26.692 99.621 34.676
201506 26.374 100.684 33.901
201509 26.377 100.392 34.004
201512 20.154 99.792 26.137
201603 19.856 100.470 25.577
201606 20.165 101.688 25.664
201609 20.684 101.861 26.280
201612 21.590 101.863 27.431
201703 21.357 102.862 26.871
201706 20.795 103.349 26.041
201709 19.901 104.136 24.733
201712 22.005 104.011 27.380
201803 21.602 105.290 26.553
201806 22.543 106.317 27.442
201809 22.983 106.507 27.927
201812 24.789 105.998 30.266
201903 24.789 107.251 29.913
201906 29.528 108.070 35.361
201909 30.400 108.329 36.318
201912 30.861 108.420 36.838
202003 30.463 108.902 36.202
202006 31.276 108.767 37.215
202009 30.946 109.815 36.471
202012 36.493 109.897 42.976
202103 36.028 111.754 41.723
202106 35.969 114.631 40.609
202109 36.969 115.734 41.340
202112 39.145 117.630 43.068
202203 40.192 121.301 42.882
202206 41.467 125.017 42.927
202209 44.591 125.227 46.084
202212 59.340 125.222 61.329
202303 58.382 127.348 59.332
202306 57.760 128.729 58.070
202309 57.556 129.860 57.361
202312 59.765 129.419 59.765

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


Chart Industries  (FRA:I3N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=134.10/37.71
=3.56

* 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 Chart Industries was 7.21. The lowest was 0.63. And the median was 2.99.


Be Aware

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


Chart Industries Cyclically Adjusted Book per Share Related Terms

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


Chart Industries (FRA:I3N) 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.

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