GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Sur SA (FRA:T2K1) » Definitions » Cyclically Adjusted Book per Share

Transportadora de Gas del Sur (FRA:T2K1) Cyclically Adjusted Book per Share : €0.88 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Transportadora de Gas del Sur 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.

Transportadora de Gas del Sur's adjusted book value per share for the three months ended in Mar. 2024 was €9.816. 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 €0.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Transportadora de Gas del Sur's average Cyclically Adjusted Book Growth Rate was 96.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 96.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 94.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 50.20% 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 Transportadora de Gas del Sur was 98.20% per year. The lowest was -2.10% per year. And the median was 7.45% per year.

As of today (2024-05-28), Transportadora de Gas del Sur's current stock price is €15.80. Transportadora de Gas del Sur's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.88. Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio of today is 17.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Transportadora de Gas del Sur was 27.06. The lowest was 0.72. And the median was 8.28.


Transportadora de Gas del Sur Cyclically Adjusted Book per Share Historical Data

The historical data trend for Transportadora de Gas del Sur'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.

Transportadora de Gas del Sur Cyclically Adjusted Book per Share Chart

Transportadora de Gas del Sur 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 0.69 0.60 0.86 1.21 0.72

Transportadora de Gas del Sur 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 1.18 1.02 0.79 0.72 0.88

Competitive Comparison of Transportadora de Gas del Sur's Cyclically Adjusted Book per Share

For the Oil & Gas Integrated subindustry, Transportadora de Gas del Sur'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.


Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio falls into.



Transportadora de Gas del Sur 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, Transportadora de Gas del Sur'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)
=9.816/131.7762*131.7762
=9.816

Current CPI (Mar. 2024) = 131.7762.

Transportadora de Gas del Sur Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.131 100.560 1.482
201409 1.174 100.428 1.540
201412 1.073 99.070 1.427
201503 1.214 99.621 1.606
201506 1.205 100.684 1.577
201509 1.066 100.392 1.399
201512 0.729 99.792 0.963
201603 0.575 100.470 0.754
201606 0.738 101.688 0.956
201609 0.747 101.861 0.966
201612 0.916 101.863 1.185
201703 1.173 102.862 1.503
201706 1.252 103.349 1.596
201709 1.261 104.136 1.596
201712 6.779 104.011 8.589
201803 1.721 105.290 2.154
201806 1.600 106.317 1.983
201809 0.624 106.507 0.772
201812 6.842 105.998 8.506
201903 5.120 107.251 6.291
201906 4.471 108.070 5.452
201909 4.084 108.329 4.968
201912 6.281 108.420 7.634
202003 5.107 108.902 6.180
202006 4.966 108.767 6.017
202009 4.766 109.815 5.719
202012 6.686 109.897 8.017
202103 4.861 111.754 5.732
202106 5.262 114.631 6.049
202109 5.964 115.734 6.791
202112 13.673 117.630 15.317
202203 8.323 121.301 9.042
202206 9.362 125.017 9.868
202209 10.779 125.227 11.343
202212 31.123 125.222 32.752
202303 10.393 127.348 10.754
202306 10.774 128.729 11.029
202309 10.200 129.860 10.351
202312 14.437 129.419 14.700
202403 9.816 131.776 9.816

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


Transportadora de Gas del Sur  (FRA:T2K1) 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.

Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.80/0.88
=17.95

* 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 Transportadora de Gas del Sur was 27.06. The lowest was 0.72. And the median was 8.28.


Be Aware

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


Transportadora de Gas del Sur Cyclically Adjusted Book per Share Related Terms

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


Transportadora de Gas del Sur (FRA:T2K1) Business Description

Industry
Traded in Other Exchanges
Address
Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF
Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.

Transportadora de Gas del Sur (FRA:T2K1) Headlines

No Headlines