GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alliant Energy Corp (STU:AY1) » Definitions » Cyclically Adjusted Book per Share

Alliant Energy (STU:AY1) Cyclically Adjusted Book per Share : €22.23 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

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 Mar. 2024 was €24.462. 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 €22.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alliant Energy's average Cyclically Adjusted Book Growth Rate was 6.60% 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 (2024-06-19), Alliant Energy's current stock price is €46.20. Alliant Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €22.23. Alliant Energy's Cyclically Adjusted PB Ratio of today is 2.08.

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 15.28 14.46 17.58 20.92 21.30

Alliant Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.88 21.02 22.07 21.30 22.23

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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=24.462/131.7762*131.7762
=24.462

Current CPI (Mar. 2024) = 131.7762.

Alliant Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.071 100.560 14.508
201409 12.016 100.428 15.767
201412 12.569 99.070 16.718
201503 14.710 99.621 19.458
201506 14.242 100.684 18.640
201509 14.718 100.392 19.319
201512 15.066 99.792 19.895
201603 14.884 100.470 19.522
201606 14.838 101.688 19.228
201609 15.114 101.861 19.553
201612 16.081 101.863 20.803
201703 15.993 102.862 20.489
201706 15.601 103.349 19.892
201709 15.075 104.136 19.076
201712 15.275 104.011 19.353
201803 14.825 105.290 18.554
201806 15.931 106.317 19.746
201809 16.601 106.507 20.540
201812 17.075 105.998 21.228
201903 17.456 107.251 21.448
201906 17.511 108.070 21.352
201909 18.773 108.329 22.836
201912 19.119 108.420 23.238
202003 19.958 108.902 24.150
202006 19.736 108.767 23.911
202009 19.406 109.815 23.287
202012 18.712 109.897 22.437
202103 19.363 111.754 22.832
202106 19.299 114.631 22.185
202109 20.320 115.734 23.137
202112 21.164 117.630 23.709
202203 22.000 121.301 23.900
202206 23.137 125.017 24.388
202209 25.208 125.227 26.526
202212 23.591 125.222 24.826
202303 23.511 127.348 24.329
202306 23.564 128.729 24.122
202309 24.697 129.860 25.062
202312 24.266 129.419 24.708
202403 24.462 131.776 24.462

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


Alliant Energy  (STU:AY1) 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
=46.20/22.23
=2.08

* 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 (STU:AY1) 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.

Alliant Energy (STU:AY1) Headlines

No Headlines