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Atco (STU:8A6) Cyclically Adjusted Book per Share : €24.78 (As of Mar. 2024)


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What is Atco 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.

Atco's adjusted book value per share for the three months ended in Mar. 2024 was €27.318. 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 €24.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Atco's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Atco was 9.90% per year. The lowest was 5.90% per year. And the median was 8.60% per year.

As of today (2024-05-19), Atco's current stock price is €27.40. Atco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.78. Atco's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atco was 3.13. The lowest was 0.91. And the median was 1.72.


Atco Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atco'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.

Atco Cyclically Adjusted Book per Share Chart

Atco 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 - - - - 24.53

Atco 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 - - 25.70 24.53 24.78

Competitive Comparison of Atco's Cyclically Adjusted Book per Share

For the Utilities - Diversified subindustry, Atco'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.


Atco's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Atco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Atco 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, Atco'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)
=27.318/126.2576*126.2576
=27.318

Current CPI (Mar. 2024) = 126.2576.

Atco Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.550 99.473 22.276
201409 18.938 99.394 24.056
201412 19.350 98.367 24.836
201503 20.701 99.789 26.192
201506 20.370 100.500 25.591
201509 19.285 100.421 24.247
201512 19.532 99.947 24.674
201603 19.881 101.054 24.840
201606 20.210 102.002 25.016
201609 20.122 101.765 24.965
201612 21.497 101.449 26.754
201703 21.930 102.634 26.978
201706 20.937 103.029 25.657
201709 21.543 103.345 26.319
201712 20.356 103.345 24.869
201803 19.604 105.004 23.572
201806 20.281 105.557 24.258
201809 20.812 105.636 24.875
201812 21.425 105.399 25.665
201903 21.715 106.979 25.628
201906 22.213 107.690 26.043
201909 23.700 107.611 27.807
201912 23.840 107.769 27.930
202003 23.309 107.927 27.268
202006 23.080 108.401 26.882
202009 22.598 108.164 26.378
202012 22.701 108.559 26.402
202103 24.019 110.298 27.495
202106 23.965 111.720 27.084
202109 23.915 112.905 26.743
202112 24.849 113.774 27.576
202203 26.559 117.646 28.503
202206 27.662 120.806 28.910
202209 28.722 120.648 30.057
202212 26.694 120.964 27.862
202303 26.649 122.702 27.421
202306 27.204 124.203 27.654
202309 26.783 125.230 27.003
202312 26.954 125.072 27.209
202403 27.318 126.258 27.318

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


Atco  (STU:8A6) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.40/24.78
=1.11

* 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 Atco was 3.13. The lowest was 0.91. And the median was 1.72.


Be Aware

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


Atco Cyclically Adjusted Book per Share Related Terms

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


Atco (STU:8A6) Business Description

Industry
Traded in Other Exchanges
Address
5302 Forand Street SW, 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Atco Ltd is a Canadian holding company that offers gas, electric, and infrastructure solutions. The largest subsidiary of the company is Canadian utilities, which operates natural gas, electricity, and logistical services. Atco's primary segments include Structures and Logistics; Utilities; Energy Infrastructure; Neltume Ports and Corporate and Other. It generates maximum revenue from the Utilities segment. Geographically, it derives most of its revenue from Canada.

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