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Cheniere Energy (Cheniere Energy) Cyclically Adjusted Book per Share : $-3.20 (As of Dec. 2023)


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What is Cheniere 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.

Cheniere Energy's adjusted book value per share for the three months ended in Dec. 2023 was $21.350. 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 $-3.20 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.90% 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 Cheniere Energy was 22.30% per year. The lowest was -67.90% per year. And the median was -7.15% per year.

As of today (2024-04-27), Cheniere Energy's current stock price is $159.14. Cheniere Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-3.20. Cheniere Energy's Cyclically Adjusted PB Ratio of today is .


Cheniere Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cheniere 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.

Cheniere Energy Cyclically Adjusted Book per Share Chart

Cheniere 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 -3.92 -2.66 -2.34 -4.34 -3.20

Cheniere Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -4.34 -4.28 -4.08 -3.73 -3.20

Competitive Comparison of Cheniere Energy's Cyclically Adjusted Book per Share

For the Oil & Gas Midstream subindustry, Cheniere 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.


Cheniere Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Cheniere 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, Cheniere Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21.35/129.4194*129.4194
=21.350

Current CPI (Dec. 2023) = 129.4194.

Cheniere Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.486 99.695 0.631
201406 -0.237 100.560 -0.305
201409 -0.639 100.428 -0.823
201412 -0.694 99.070 -0.907
201503 -0.943 99.621 -1.225
201506 -1.347 100.684 -1.731
201509 -2.711 100.392 -3.495
201512 -3.828 99.792 -4.964
201603 -5.139 100.470 -6.620
201606 -6.340 101.688 -8.069
201609 -6.817 101.861 -8.661
201612 -5.866 101.863 -7.453
201703 -5.616 102.862 -7.066
201706 -6.783 103.349 -8.494
201709 -7.960 104.136 -9.893
201712 -7.424 104.011 -9.238
201803 -5.872 105.290 -7.218
201806 -4.099 106.317 -4.990
201809 -2.369 106.507 -2.879
201812 -2.047 105.998 -2.499
201903 -1.434 107.251 -1.730
201906 -1.763 108.070 -2.111
201909 -3.529 108.329 -4.216
201912 -0.055 108.420 -0.066
202003 0.777 108.902 0.923
202006 1.673 108.767 1.991
202009 -0.095 109.815 -0.112
202012 -0.757 109.897 -0.891
202103 0.761 111.754 0.881
202106 -0.418 114.631 -0.472
202109 -4.959 115.734 -5.545
202112 -10.138 117.630 -11.154
202203 -14.583 121.301 -15.559
202206 -14.225 125.017 -14.726
202209 -24.726 125.227 -25.554
202212 -12.094 125.222 -12.499
202303 7.821 127.348 7.948
202306 11.905 128.729 11.969
202309 17.353 129.860 17.294
202312 21.350 129.419 21.350

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


Cheniere Energy  (NYSE:LNG) 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.


Be Aware

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


Cheniere Energy Cyclically Adjusted Book per Share Related Terms

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


Cheniere Energy (Cheniere Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheniere Energy Inc (NYSE:LNG) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.
Executives
Denise Gray director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Matthew Jk Runkle director 345 PARK AVENUE, NEW YORK NY 10154
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Grindal Corey officer: EVP & Chief Operating Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian E Edwards director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Aaron D. Stephenson officer: SVP, Operations 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
G Andrea Botta director 14 EAST 75TH ST #8A, NEW YORK NY 10021
Scott Bennett Peak director 1200 SMITH STREET, HOUSTON TX 77002
Neal A Shear director 1585 BROADWAY, NEW YORK NY 10036
David L Slack officer: VP & Chief Accounting Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Lorraine Mitchelmore director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Patricia K Collawn director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Nuno Brandolini director 717 TEXAS AVE., SUITE 3100, HOUSTON TX 77002

Cheniere Energy (Cheniere Energy) Headlines

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