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Northwest Natural Holding Co (STU:NN3) Cyclically Adjusted Book per Share : €32.43 (As of Mar. 2024)


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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. 2024 was €32.501. 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 €32.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Northwest Natural Holding Co's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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 (2024-06-01), Northwest Natural Holding Co's current stock price is €33.78. Northwest Natural Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €32.43. Northwest Natural Holding Co's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northwest Natural Holding Co was 2.56. The lowest was 1.01. And the median was 1.71.


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 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 23.25 37.55 37.62 40.73 31.24

Northwest Natural Holding Co 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 31.57 31.51 32.93 31.24 32.43

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. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=32.501/131.7762*131.7762
=32.501

Current CPI (Mar. 2024) = 131.7762.

Northwest Natural Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.903 100.560 27.392
201409 21.459 100.428 28.157
201412 22.808 99.070 30.338
201503 26.535 99.621 35.100
201506 25.300 100.684 33.113
201509 24.718 100.392 32.445
201512 26.140 99.792 34.518
201603 26.357 100.470 34.570
201606 25.844 101.688 33.491
201609 25.193 101.861 32.592
201612 28.162 101.863 36.432
201703 28.549 102.862 36.574
201706 26.873 103.349 34.265
201709 24.740 104.136 31.307
201712 21.842 104.011 27.673
201803 21.759 105.290 27.233
201806 22.575 106.317 27.981
201809 21.915 106.507 27.114
201812 23.212 105.998 28.857
201903 24.269 107.251 29.819
201906 25.505 108.070 31.100
201909 25.200 108.329 30.654
201912 25.578 108.420 31.088
202003 26.732 108.902 32.347
202006 25.699 108.767 31.135
202009 23.687 109.815 28.424
202012 23.882 109.897 28.637
202103 25.657 111.754 30.254
202106 24.972 114.631 28.707
202109 24.658 115.734 28.076
202112 26.586 117.630 29.783
202203 28.587 121.301 31.056
202206 30.997 125.017 32.673
202209 32.254 125.227 33.941
202212 31.235 125.222 32.870
202303 32.451 127.348 33.579
202306 31.742 128.729 32.493
202309 31.242 129.860 31.703
202312 31.285 129.419 31.855
202403 32.501 131.776 32.501

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  (STU:NN3) 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
=33.78/32.43
=1.04

* 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 1.01. And the median was 1.71.


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 (STU:NN3) 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 approximately 7,95,000 meters in Oregon and southwest Washington. 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.

Northwest Natural Holding Co (STU:NN3) Headlines

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