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United States Cellular (STU:US7) Cyclically Adjusted Book per Share : €50.97 (As of Mar. 2024)


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What is United States Cellular 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.

United States Cellular's adjusted book value per share for the three months ended in Mar. 2024 was €50.416. 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 €50.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, United States Cellular's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 United States Cellular was 15.90% per year. The lowest was 2.10% per year. And the median was 5.15% per year.

As of today (2024-06-10), United States Cellular's current stock price is €53.00. United States Cellular's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €50.97. United States Cellular's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United States Cellular was 1.29. The lowest was 0.26. And the median was 0.83.


United States Cellular Cyclically Adjusted Book per Share Historical Data

The historical data trend for United States Cellular'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.

United States Cellular Cyclically Adjusted Book per Share Chart

United States Cellular 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 39.77 37.69 44.88 49.87 49.85

United States Cellular 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 49.86 50.82 53.01 49.85 50.97

Competitive Comparison of United States Cellular's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, United States Cellular'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.


United States Cellular's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, United States Cellular's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



United States Cellular 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, United States Cellular'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)
=50.416/131.7762*131.7762
=50.416

Current CPI (Mar. 2024) = 131.7762.

United States Cellular Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.624 100.560 38.820
201409 30.647 100.428 40.213
201412 31.850 99.070 42.365
201503 38.087 99.621 50.380
201506 36.835 100.684 48.210
201509 37.571 100.392 49.317
201512 38.751 99.792 51.171
201603 38.029 100.470 49.879
201606 37.895 101.688 49.108
201609 38.185 101.861 49.399
201612 40.530 101.863 52.432
201703 40.425 102.862 51.788
201706 38.543 103.349 49.145
201709 33.462 104.136 42.344
201712 36.554 104.011 46.312
201803 37.182 105.290 46.536
201806 39.622 106.317 49.110
201809 40.049 106.507 49.551
201812 41.466 105.998 51.550
201903 42.234 107.251 51.892
201906 42.470 108.070 51.786
201909 43.974 108.329 53.492
201912 43.922 108.420 53.384
202003 45.078 108.902 54.547
202006 44.650 108.767 54.095
202009 43.528 109.815 52.233
202012 42.161 109.897 50.555
202103 43.680 111.754 51.506
202106 43.090 114.631 49.535
202109 44.601 115.734 50.783
202112 46.792 117.630 52.419
202203 48.744 121.301 52.953
202206 50.946 125.017 53.701
202209 54.386 125.227 57.231
202212 50.576 125.222 53.223
202303 50.361 127.348 52.112
202306 49.499 128.729 50.671
202309 50.741 129.860 51.490
202312 49.906 129.419 50.815
202403 50.416 131.776 50.416

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


United States Cellular  (STU:US7) 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.

United States Cellular's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.00/50.97
=1.04

* 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 United States Cellular was 1.29. The lowest was 0.26. And the median was 0.83.


Be Aware

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


United States Cellular Cyclically Adjusted Book per Share Related Terms

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


United States Cellular (STU:US7) Business Description

Traded in Other Exchanges
Address
8410 West Bryn Mawr, Chicago, IL, USA, 60631
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.

United States Cellular (STU:US7) Headlines

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