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Alliant Energy (LTS:0HCT) Cyclically Adjusted Book per Share : $24.78 (As of Sep. 2024)


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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 Sep. 2024 was $27.155. 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 $24.78 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Alliant Energy's average Cyclically Adjusted Book Growth Rate was 5.40% 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 (2024-12-11), Alliant Energy's current stock price is $60.55. Alliant Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $24.78. Alliant Energy's Cyclically Adjusted PB Ratio of today is 2.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alliant Energy was 3.46. The lowest was 1.94. And the median was 2.62.


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 17.30 17.80 20.22 22.23 23.49

Alliant Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.40 23.49 24.16 24.61 24.78

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 Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=27.155/133.0289*133.0289
=27.155

Current CPI (Sep. 2024) = 133.0289.

Alliant Energy Quarterly Data

Book Value per Share CPI Adj_Book
201412 15.499 99.070 20.812
201503 15.920 99.621 21.259
201506 15.984 100.684 21.119
201509 16.519 100.392 21.889
201512 16.412 99.792 21.878
201603 16.575 100.470 21.946
201606 16.672 101.688 21.810
201609 16.963 101.861 22.153
201612 16.963 101.863 22.153
201703 17.105 102.862 22.121
201706 17.529 103.349 22.563
201709 17.968 104.136 22.953
201712 18.077 104.011 23.120
201803 18.280 105.290 23.096
201806 18.611 106.317 23.287
201809 19.371 106.507 24.195
201812 19.426 105.998 24.380
201903 19.724 107.251 24.465
201906 19.786 108.070 24.356
201909 20.675 108.329 25.389
201912 21.243 108.420 26.065
202003 22.053 108.902 26.939
202006 22.225 108.767 27.183
202009 22.858 109.815 27.690
202012 22.764 109.897 27.556
202103 23.052 111.754 27.440
202106 23.252 114.631 26.984
202109 23.905 115.734 27.477
202112 23.915 117.630 27.046
202203 24.229 121.301 26.572
202206 24.457 125.017 26.024
202209 24.958 125.227 26.513
202212 24.991 125.222 26.549
202303 25.172 127.348 26.295
202306 25.530 128.729 26.383
202309 26.358 129.860 27.001
202312 26.463 129.419 27.201
202403 26.590 131.776 26.843
202406 26.476 132.554 26.571
202409 27.155 133.029 27.155

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


Alliant Energy  (LTS:0HCT) 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
=60.55/24.78
=2.44

* 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 1.94. And the median was 2.62.


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 Business Description

Traded in Other Exchanges
Address
4902 North 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 1 million 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.

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