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TELL (Tellurian) Cyclically Adjusted Book per Share : $1.35 (As of Jun. 2024)


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What is Tellurian 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.

Tellurian's adjusted book value per share for the three months ended in Jun. 2024 was $0.620. 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 $1.35 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Tellurian's average Cyclically Adjusted Book Growth Rate was -38.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -23.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -21.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.30% 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 Tellurian was 7.00% per year. The lowest was -23.00% per year. And the median was 0.90% per year.

As of today (2024-09-20), Tellurian's current stock price is $0.9494. Tellurian's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $1.35. Tellurian's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tellurian was 2.17. The lowest was 0.03. And the median was 0.75.


Tellurian Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tellurian'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.

Tellurian Cyclically Adjusted Book per Share Chart

Tellurian Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.35 4.08 3.44 2.61 1.86

Tellurian Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.21 2.04 1.86 1.59 1.35

Competitive Comparison of Tellurian's Cyclically Adjusted Book per Share

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


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.62/132.5538*132.5538
=0.620

Current CPI (Jun. 2024) = 132.5538.

Tellurian Quarterly Data

Book Value per Share CPI Adj_Book
201409 7.083 100.428 9.349
201412 5.094 99.070 6.816
201503 5.024 99.621 6.685
201506 1.392 100.684 1.833
201509 0.586 100.392 0.774
201512 0.477 99.792 0.634
201603 -1.480 100.470 -1.953
201606 -1.213 101.688 -1.581
201609 0.447 101.861 0.582
201612 0.335 101.863 0.436
201703 1.006 102.862 1.296
201706 0.846 103.349 1.085
201709 0.765 104.136 0.974
201712 1.005 104.011 1.281
201803 1.104 105.290 1.390
201806 1.434 106.317 1.788
201809 1.352 106.507 1.683
201812 1.238 105.998 1.548
201903 1.148 107.251 1.419
201906 0.997 108.070 1.223
201909 0.838 108.329 1.025
201912 0.686 108.420 0.839
202003 0.574 108.902 0.699
202006 0.267 108.767 0.325
202009 0.265 109.815 0.320
202012 0.308 109.897 0.371
202103 0.453 111.754 0.537
202106 0.577 114.631 0.667
202109 0.763 115.734 0.874
202112 0.836 117.630 0.942
202203 0.961 121.301 1.050
202206 1.150 125.017 1.219
202209 1.134 125.227 1.200
202212 1.191 125.222 1.261
202303 1.147 127.348 1.194
202306 1.045 128.729 1.076
202309 0.948 129.860 0.968
202312 0.888 129.419 0.910
202403 0.805 131.776 0.810
202406 0.620 132.554 0.620

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


Tellurian  (AMEX:TELL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.9494/1.35
=0.70

* 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 Tellurian was 2.17. The lowest was 0.03. And the median was 0.75.


Be Aware

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


Tellurian Cyclically Adjusted Book per Share Related Terms

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


Tellurian Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tellurian Inc (AMEX:TELL) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
1201 Louisiana Street, Suite 3100, Houston, TX, USA, 77002
Tellurian Inc is a U.S-based independent oil and gas exploration and production company. It is developing a portfolio of natural gas production, LNG marketing, and infrastructure assets that includes an LNG terminal facility and related pipelines. The company generates maximum revenue from Natural gas sales.
Executives
Jonathan S Gross director 5233 BELLAIRE BOULEVARD, SUITE B - BOX 135, BELLAIRE TX 77401
Simon George Oxley officer: CFO 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Charif Souki director, 10 percent owner 700 MILAM ST., SUITE 800, HOUSTON TX 77002
Claire Harvey director 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022
James Donald Bennett director 700 LOUISIANA, SUITE 4770, HOUSTON TX 77002
Diana Derycz Kessler director 6363 SUNSET BLVD, 5TH FL, HOLLYWOOD CA 90028
Total Delaware, Inc. 10 percent owner 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002
Simoes Octavio M.c. officer: President and CEO 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Jean Abiteboul director 700 MILAM STREET, SUITE 800, HOUSTON TX 77002
Lance Kian Granmayeh officer: CFO 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Martin Houston director, 10 percent owner 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Don A Turkleson director 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Festa Eric director 10 UPPER BANK STREET, CANARY WHARF, LONDON X0 E14 5BF
Meg Gentle director, officer: President and CEO 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Khaled Sharafeldin officer: Chief Accounting Officer 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002

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