EQT (XSWX:EQT) Cyclically Adjusted Book per Share: CHF33.68 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XSWX:EQT EQT Corp XSWX:EQT
68 GF Score
Price CHF43.16
GF Value CHF47.96
! 3 Warning Signs
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What is EQT Cyclically Adjusted Book per Share?

EQT XSWX:EQT 68 Cyclically Adjusted Book per Share is CHF33.68 as of Jun. 2026. GuruFocus rates XSWX:EQT with a GF Score™ of 68/100 and a GF Value™ of CHF47.96. The stock has 3 warning signs investors should review.

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.

EQT's adjusted book value per share for the three months ended in Jun. 2026 was CHF32.277. 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 CHF33.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, EQT's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 EQT was 16.70% per year. The lowest was 1.70% per year. And the median was 5.70% per year.

As of today (2026-08-19), EQT's current stock price is CHF43.155. EQT's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF33.68. EQT's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EQT was 1.78. The lowest was 0.16. And the median was 0.93.


EQT  (XSWX:EQT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.155/33.68
=1.28

* 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 EQT was 1.78. The lowest was 0.16. And the median was 0.93.


Be Aware

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


EQT Cyclically Adjusted Book per Share Related Terms


EQT Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for EQT'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.

EQT Cyclically Adjusted Book per Share Chart

EQT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

EQT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 33.68

XSWX:EQT vs TPL, EXE, PR: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas E&P subindustry, EQT'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.


EQT Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EQT's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:EQT
68GF Score
EQT Corp XSWX:EQT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EQT 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, EQT's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=32.277/333.9520*333.9520
=32.277

Current CPI (Jun. 2026) = 333.9520.

EQT Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.060 241.428 47.113
201612 34.566 241.432 47.812
201703 34.783 243.801 47.645
201706 33.860 244.955 46.162
201709 33.802 246.819 45.735
201712 49.737 246.524 67.376
201803 41.913 249.554 56.088
201806 43.797 251.989 58.043
201809 41.865 252.439 55.383
201812 42.714 251.233 56.778
201903 43.707 254.202 57.419
201906 43.617 256.143 56.867
201909 42.306 256.759 55.025
201912 37.751 256.974 49.060
202003 36.205 258.115 46.842
202006 35.172 257.797 45.562
202009 31.694 260.280 40.665
202012 29.540 260.474 37.873
202103 30.750 264.877 38.769
202106 26.993 271.696 33.178
202109 20.150 274.310 24.531
202112 24.358 278.802 29.176
202203 20.621 287.504 23.952
202206 23.778 296.311 26.799
202209 25.429 296.808 28.611
202212 28.487 296.797 32.053
202303 31.002 301.836 34.301
202306 29.890 305.109 32.716
202309 31.060 307.789 33.700
202312 30.426 306.746 33.125
202403 30.517 312.332 32.629
202406 30.599 314.175 32.525
202409 28.892 315.301 30.601
202412 30.769 315.605 32.558
202503 30.583 319.799 31.936
202506 29.093 322.561 30.120
202509 29.534 324.800 30.366
202512 30.330 324.054 31.256
202603 31.618 330.213 31.976
202606 32.277 333.952 32.277

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

What does a Cyclically Adjusted Book per Share of CHF33.68 mean?
EQT (XSWX:EQT) has a Cyclically Adjusted Book per Share of CHF33.68 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on EQT and its competitors.
Is EQT's Cyclically Adjusted Book per Share too high?
EQT's current Cyclically Adjusted Book per Share is CHF33.68. Overall, EQT has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does EQT's Cyclically Adjusted Book per Share compare to TPL and EXE?
EQT's Cyclically Adjusted Book per Share of CHF33.68 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on EQT and its competitors. EQT's current Cyclically Adjusted Book per Share is CHF33.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EQT stock overvalued right now?
EQT (XSWX:EQT) has a current Cyclically Adjusted Book per Share of CHF33.68. The stock's GF Value™ is CHF47.96, compared to a current price of CHF43.16 — trading 10% below its estimated fair value. The current Cyclically Adjusted Book per Share is CHF33.68. EQT's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For EQT (XSWX:EQT), the current Cyclically Adjusted Book per Share is CHF33.68 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is EQT (XSWX:EQT) Overvalued in 2026?

Based on GuruFocus' analysis, EQT stock appears to be undervalued. The current stock price of CHF43.16 is trading 10% below its estimated GF Value™ of CHF47.96.

Key valuation signals for XSWX:EQT:

  • Cyclically Adjusted Book per Share: CHF33.68
  • GF Value™: CHF47.96 vs. price of CHF43.16 (10% below fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the XSWX:EQT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EQT Business Description

Industry EnergyOil & Gas
Address 625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222
EQT is an independent natural gas production company. It focuses its operations in the cores of the Marcellus and Utica shales, located in the Appalachian Basin in the Eastern United States. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has three reportable segments in production, gathering, and its transmission segment, which is now an operated joint venture with Blackstone. All the firm's operating revenue is generated in the US, with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
68GF Score

Get the complete analysis for XSWX:EQT

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF43.16
Price
CHF47.96
GF Value