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UGI (STU:3U6) Cyclically Adjusted Book per Share : €22.92 (As of Dec. 2024)


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What is UGI 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.

UGI's adjusted book value per share for the three months ended in Dec. 2024 was €20.365. 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 €22.92 for the trailing ten years ended in Dec. 2024.

During the past 12 months, UGI's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 UGI was 14.80% per year. The lowest was -0.80% per year. And the median was 8.90% per year.

As of today (2025-03-02), UGI's current stock price is €32.02. UGI's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €22.92. UGI's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of UGI was 3.75. The lowest was 0.87. And the median was 2.46.


UGI Cyclically Adjusted Book per Share Historical Data

The historical data trend for UGI'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.

UGI Cyclically Adjusted Book per Share Chart

UGI 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 15.19 17.25 23.43 22.74 21.75

UGI Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 21.55 22.23 22.70 21.75 22.92

Competitive Comparison of UGI's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, UGI'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.


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

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

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



UGI 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, UGI's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=20.365/133.1571*133.1571
=20.365

Current CPI (Dec. 2024) = 133.1571.

UGI Quarterly Data

Book Value per Share CPI Adj_Book
201503 15.032 99.621 20.092
201506 14.212 100.684 18.796
201509 13.914 100.392 18.455
201512 14.480 99.792 19.321
201603 15.313 100.470 20.295
201606 15.220 101.688 19.930
201609 14.651 101.861 19.152
201612 16.375 101.863 21.406
201703 17.105 102.862 22.143
201706 16.340 103.349 21.053
201709 15.328 104.136 19.600
201712 17.089 104.011 21.878
201803 17.676 105.290 22.354
201806 18.335 106.317 22.964
201809 18.158 106.507 22.702
201812 18.551 105.998 23.304
201903 19.576 107.251 24.305
201906 19.404 108.070 23.909
201909 16.583 108.329 20.384
201912 17.204 108.420 21.129
202003 17.657 108.902 21.590
202006 17.516 108.767 21.444
202009 16.821 109.815 20.396
202012 17.505 109.897 21.210
202103 19.309 111.754 23.007
202106 19.329 114.631 22.453
202109 21.569 115.734 24.816
202112 21.636 117.630 24.492
202203 26.096 121.301 28.647
202206 26.312 125.017 28.025
202209 28.452 125.227 30.254
202212 22.573 125.222 24.003
202303 22.434 127.348 23.457
202306 18.455 128.729 19.090
202309 18.870 129.860 19.349
202312 18.629 129.419 19.167
202403 20.428 131.776 20.642
202406 20.254 132.554 20.346
202409 18.235 133.029 18.253
202412 20.365 133.157 20.365

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


UGI  (STU:3U6) 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.

UGI's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.02/22.92
=1.40

* 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 UGI was 3.75. The lowest was 0.87. And the median was 2.46.


Be Aware

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


UGI Cyclically Adjusted Book per Share Related Terms

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


UGI Business Description

Industry
Traded in Other Exchanges
Address
500 North Gulph Road, King of Prussia, PA, USA, 19406
UGI Corp is an American holding company that, through its subsidiaries, is involved in the transport and marketing of energy and related services. Its segments include AmeriGas Propane, UGI International, Midstream & Marketing, and Utilities. The AmeriGas Propane segment consists of the propane distribution business. The UGI International segment consists of LPG distribution businesses. The Midstream & Marketing segment consists of energy-related businesses. The Utilities segment consists of the regulated natural gas and electric distribution. The company derives a majority of its revenue from the UGI International segment.

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