GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Northwest Natural Holding Co (NYSE:NWN) » Definitions » Cyclically Adjusted Book per Share

NWN (Northwest Natural Holding Co) Cyclically Adjusted Book per Share : $35.94 (As of Mar. 2025)


View and export this data going back to 1990. Start your Free Trial

What is Northwest Natural Holding Co 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.

Northwest Natural Holding Co's adjusted book value per share for the three months ended in Mar. 2025 was $36.126. 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 $35.94 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Northwest Natural Holding Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Northwest Natural Holding Co was 4.90% per year. The lowest was 0.70% per year. And the median was 3.40% per year.

As of today (2025-05-14), Northwest Natural Holding Co's current stock price is $40.53. Northwest Natural Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $35.94. Northwest Natural Holding Co's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northwest Natural Holding Co was 2.56. The lowest was 0.99. And the median was 1.74.


Northwest Natural Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Northwest Natural Holding Co'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.

Northwest Natural Holding Co Cyclically Adjusted Book per Share Chart

Northwest Natural Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.19 32.08 33.89 34.82 35.54

Northwest Natural Holding Co 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 35.38 35.53 35.59 35.54 35.94

Competitive Comparison of Northwest Natural Holding Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Northwest Natural Holding Co'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.


Northwest Natural Holding Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Northwest Natural Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Northwest Natural Holding Co's Cyclically Adjusted PB Ratio falls into.


;
;

Northwest Natural Holding Co 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, Northwest Natural Holding Co'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)
=36.126/134.9266*134.9266
=36.126

Current CPI (Mar. 2025) = 134.9266.

Northwest Natural Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 28.395 100.684 38.052
201509 27.742 100.392 37.285
201512 28.475 99.792 38.500
201603 29.351 100.470 39.417
201606 29.038 101.688 38.530
201609 28.275 101.861 37.453
201612 29.706 101.863 39.348
201703 30.534 102.862 40.052
201706 30.194 103.349 39.420
201709 29.488 104.136 38.207
201712 25.848 104.011 33.531
201803 26.830 105.290 34.382
201806 26.372 106.317 33.469
201809 25.571 106.507 32.394
201812 26.407 105.998 33.614
201903 27.423 107.251 34.500
201906 28.819 108.070 35.981
201909 27.753 108.329 34.567
201912 28.419 108.420 35.367
202003 29.538 108.902 36.597
202006 28.940 108.767 35.900
202009 27.900 109.815 34.280
202012 29.054 109.897 35.671
202103 30.544 111.754 36.877
202106 30.087 114.631 35.414
202109 29.009 115.734 33.820
202112 30.041 117.630 34.458
202203 31.483 121.301 35.019
202206 32.767 125.017 35.364
202209 31.935 125.227 34.409
202212 33.088 125.222 35.652
202303 34.744 127.348 36.812
202306 34.390 128.729 36.046
202309 33.343 129.860 34.644
202312 34.116 129.419 35.568
202403 35.327 131.776 36.172
202406 34.827 132.554 35.450
202409 33.824 133.029 34.307
202412 34.443 133.157 34.901
202503 36.126 134.927 36.126

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


Northwest Natural Holding Co  (NYSE:NWN) 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.

Northwest Natural Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.53/35.94
=1.13

* 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 Northwest Natural Holding Co was 2.56. The lowest was 0.99. And the median was 1.74.


Be Aware

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


Northwest Natural Holding Co Cyclically Adjusted Book per Share Related Terms

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


Northwest Natural Holding Co Business Description

Traded in Other Exchanges
Address
250 S.W. Taylor Street, Portland, OR, USA, 97204
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through which operates in Oregon and southwest Washington. The company operates in one reportable business segment, which is NW Natural's local gas distribution business and is referred to as the NGD segment. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
Executives
David A. Weber officer: Pres. & CEO of Issuer's Sub. 250 SW TAYLOR ST, PORTLAND OR 97204
David Hugo Anderson director, officer: President & CEO
James R Downing officer: VP and CIO 250 SW TAYLOR ST, PORTLAND OR 97204
Jane L Peverett director 1489 MARINE DRIVE, SUITE 802, WEST VANCOUVER A1 V7T 1B8
Joseph S Karney officer: VP, Eng & Utility Operations, other: NW Natural 250 SW TAYLOR ST, PORTLAND OR 97204
Jon G Huddleston officer: VP, Eng. & Utility Operations 250 SW TAYLOR ST, PORTLAND OR 97204
Zachary D Kravitz officer: VP, Rates & Regulatory, other: NW Natural 250 SW TAYLOR ST, PORTLAND OR 97204
Sandra Mcdonough director 250 SW TAYLOR ST, PORTLAND OR 97204
Malia H Wasson director 220 NW SECOND AVE, PORTLAND OR 97209
Kimberly A. Heiting officer: SVP Comm. & Chf. Mktg. Officer 250 SW TAYLOR ST, PORTLAND OR 97204
Shawn M Filippi officer: VP, CCO & Corp. Secretary 250 SW TAYLOR ST, PORTLAND OR 97204
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
Karen Lee director 250 SW TAYLOR ST, PORTLAND OR 97204
Nathan I Partain director DNP SELECT INCOME FUND INC, 55 E. MONROE, STE. 3600, CHICAGO IL 60603
Justin Palfreyman officer: VP Strategy & Bus Dev 250 SW TAYLOR ST, PORTLAND OR 97204