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Hallador Energy Co (Hallador Energy Co) Cyclically Adjusted Book per Share : $8.56 (As of Mar. 2024)


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What is Hallador Energy 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.

Hallador Energy Co's adjusted book value per share for the three months ended in Mar. 2024 was $7.770. 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 $8.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hallador Energy Co's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Hallador Energy Co was 22.20% per year. The lowest was 4.60% per year. And the median was 11.40% per year.

As of today (2024-05-21), Hallador Energy Co's current stock price is $6.11. Hallador Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.56. Hallador Energy Co's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hallador Energy Co was 3.34. The lowest was 0.09. And the median was 1.00.


Hallador Energy Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hallador Energy 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.

Hallador Energy Co Cyclically Adjusted Book per Share Chart

Hallador Energy 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 7.16 7.36 7.85 8.19 8.43

Hallador Energy 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 8.31 8.39 8.47 8.43 8.56

Competitive Comparison of Hallador Energy Co's Cyclically Adjusted Book per Share

For the Thermal Coal subindustry, Hallador Energy 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.


Hallador Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hallador Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hallador Energy 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, Hallador Energy 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)
=7.77/131.7762*131.7762
=7.770

Current CPI (Mar. 2024) = 131.7762.

Hallador Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.569 100.560 8.608
201409 6.355 100.428 8.339
201412 6.556 99.070 8.720
201503 6.802 99.621 8.998
201506 6.982 100.684 9.138
201509 7.136 100.392 9.367
201512 7.071 99.792 9.337
201603 7.263 100.470 9.526
201606 7.464 101.688 9.672
201609 7.593 101.861 9.823
201612 7.374 101.863 9.539
201703 7.613 102.862 9.753
201706 7.574 103.349 9.657
201709 7.681 104.136 9.720
201712 8.323 104.011 10.545
201803 8.419 105.290 10.537
201806 8.328 106.317 10.322
201809 8.397 106.507 10.389
201812 8.427 105.998 10.476
201903 8.634 107.251 10.608
201906 8.498 108.070 10.362
201909 8.348 108.329 10.155
201912 6.296 108.420 7.652
202003 6.146 108.902 7.437
202006 6.155 108.767 7.457
202009 6.227 109.815 7.472
202012 6.052 109.897 7.257
202103 6.027 111.754 7.107
202106 5.940 114.631 6.828
202109 6.209 115.734 7.070
202112 5.920 117.630 6.632
202203 5.592 121.301 6.075
202206 5.422 125.017 5.715
202209 5.578 125.227 5.870
202212 6.516 125.222 6.857
202303 7.158 127.348 7.407
202306 7.692 128.729 7.874
202309 8.198 129.860 8.319
202312 7.888 129.419 8.032
202403 7.770 131.776 7.770

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


Hallador Energy Co  (NAS:HNRG) 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.

Hallador Energy Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.11/8.56
=0.71

* 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 Hallador Energy Co was 3.34. The lowest was 0.09. And the median was 1.00.


Be Aware

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


Hallador Energy Co Cyclically Adjusted Book per Share Related Terms

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


Hallador Energy Co (Hallador Energy Co) Business Description

Industry
Traded in Other Exchanges
Address
1183 East Canvasback Drive, Terre Haute, IN, USA, 47802
Hallador Energy Co is a coal mining company with operations in Indiana, USA, and it is part of the electric power generation industry. The operations of the company are divided into two primary reportable segments, the Coal Operations and Electric Operations segments. The majority of revenue is earned from the Coal Operations segment.
Executives
David C Hardie director, officer: Chairman of the Board 555 DALE DRIVE, INCLINE VILLAGE NV 89451
Heath Aaron Lovell other: President-Hallador Power 10130 NORTH GREEN RIVER ROAD, EVANSVILLE IN 47725
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Robert Todd Davis officer: SVP & CAO 1183 E. CANVASBACK DRIVE, TERRE HAUTE IN 47802
Wesley Charles Ray Iv director 3033 EAST 1ST AVENUE, DENVER CO 80206
Yorktown Energy Partners Viii, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Viii Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
David J Lubar director 770 NORTH WATER STREET, ATTN: CORPORATE SECRETARIES DEPT., MILWAUKEE WI 53202
Lawrence D Martin other: CFO - Sunrise Coal, LLC 1183 CANVASBACK DRIVE, TERRE HAUTE IN 47802
Brent K Bilsland director, officer: President 1183 EAST CANVASBACK DRIVE, TERRE HAUTE IN 47802
Victor P Stabio officer: Chairman & Corporate Secretary
W Anderson Bishop officer: Chief Financial Officer 6120 SOUTH YALE AVENUE, SUITE 700, TULSA OK 74136
Hallador Alternative Assets Fund, Llc 10 percent owner 555 DALE DRIVE, INCLINE VILLAGE NV 89451
Steven Hardie director
Yorktown Energy Partners Vii, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022