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Alliant Energy (Alliant Energy) Cyclically Adjusted Book per Share : $23.65 (As of Dec. 2023)


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What is Alliant 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.

Alliant Energy's adjusted book value per share for the three months ended in Dec. 2023 was $26.463. 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 $23.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alliant Energy's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Alliant Energy was 9.20% per year. The lowest was -0.70% per year. And the median was 2.75% per year.

As of today (2024-04-30), Alliant Energy's current stock price is $49.77. Alliant Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $23.65. Alliant Energy's Cyclically Adjusted PB Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alliant Energy was 3.46. The lowest was 1.80. And the median was 2.58.


Alliant Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alliant 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.

Alliant Energy Cyclically Adjusted Book per Share Chart

Alliant Energy 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 17.28 18.17 20.20 22.21 23.65

Alliant Energy 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 22.21 22.75 23.17 23.55 23.65

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

For the Utilities - Regulated Electric subindustry, Alliant 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.


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

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

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



Alliant 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, Alliant Energy'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)
=26.463/129.4194*129.4194
=26.463

Current CPI (Dec. 2023) = 129.4194.

Alliant Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.015 99.695 19.492
201406 15.042 100.560 19.359
201409 15.485 100.428 19.955
201412 15.499 99.070 20.247
201503 15.920 99.621 20.682
201506 15.984 100.684 20.546
201509 16.519 100.392 21.295
201512 16.412 99.792 21.284
201603 16.575 100.470 21.351
201606 16.672 101.688 21.219
201609 16.963 101.861 21.552
201612 16.963 101.863 21.552
201703 17.105 102.862 21.521
201706 17.529 103.349 21.951
201709 17.968 104.136 22.331
201712 18.077 104.011 22.493
201803 18.280 105.290 22.469
201806 18.611 106.317 22.655
201809 19.371 106.507 23.538
201812 19.426 105.998 23.718
201903 19.724 107.251 23.801
201906 19.786 108.070 23.695
201909 20.675 108.329 24.700
201912 21.243 108.420 25.357
202003 22.053 108.902 26.208
202006 22.225 108.767 26.445
202009 22.858 109.815 26.939
202012 22.764 109.897 26.808
202103 23.052 111.754 26.696
202106 23.252 114.631 26.252
202109 23.905 115.734 26.732
202112 23.915 117.630 26.312
202203 24.229 121.301 25.851
202206 24.457 125.017 25.318
202209 24.958 125.227 25.794
202212 24.991 125.222 25.829
202303 25.172 127.348 25.581
202306 25.530 128.729 25.667
202309 26.358 129.860 26.269
202312 26.463 129.419 26.463

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


Alliant Energy  (NAS:LNT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.77/23.65
=2.10

* 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 Alliant Energy was 3.46. The lowest was 1.80. And the median was 2.58.


Be Aware

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


Alliant Energy Cyclically Adjusted Book per Share Related Terms

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


Alliant Energy (Alliant Energy) Business Description

Industry
Traded in Other Exchanges
Address
4902 N. Biltmore Lane, Madison, WI, USA, 53718
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 985,000 electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Executives
Ignacio A Cortina director 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Raja Sundararajan officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Lisa M Barton officer: President and COO AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Stephanie Cox director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Nancy Joy Falotico director ONE AMERICAN ROAD, DEARBORN MI 48126
Michael Luhrs officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
Michael Dennis Garcia director C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
De Leon David A officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
James H Gallegos officer: Sr. V.P.-Gen. Cnsl.-Corp. Sec. 1 WATER STREET, CAMDEN NJ 08102-1658
Patricia L Kampling officer: VICE PRESIDENT PO BOX 2568, MADISON WI 53701
Jillian C. Evanko director 1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Terry L Kouba officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
Deborah B. Dunie director 1710 SAIC DRIVE, MCLEAN VA 22102
Roger K Newport director 703 CURTIS STREET, MIDDLETOWN OH 45043
Wayne A Reschke officer: Senior Vice President P O BOX 14720, MADISON WI 53708

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