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Charter Communications (WBO:CHTR) Cyclically Adjusted Book per Share : €106.20 (As of Mar. 2024)


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What is Charter Communications 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.

Charter Communications's adjusted book value per share for the three months ended in Mar. 2024 was €75.846. 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 €106.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Charter Communications's average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.70% 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 Charter Communications was 105.30% per year. The lowest was -18.80% per year. And the median was 13.90% per year.

As of today (2024-05-21), Charter Communications's current stock price is €252.10. Charter Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €106.20. Charter Communications's Cyclically Adjusted PB Ratio of today is 2.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Charter Communications was 96.17. The lowest was 2.20. And the median was 7.94.


Charter Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for Charter Communications'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.

Charter Communications Cyclically Adjusted Book per Share Chart

Charter Communications 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 55.96 61.86 79.96 94.27 102.17

Charter Communications 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 95.62 98.33 104.51 102.17 106.20

Competitive Comparison of Charter Communications's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Charter Communications'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.


Charter Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Charter Communications 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, Charter Communications'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)
=75.846/131.7762*131.7762
=75.846

Current CPI (Mar. 2024) = 131.7762.

Charter Communications Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.892 100.560 1.169
201409 0.762 100.428 1.000
201412 1.169 99.070 1.555
201503 0.702 99.621 0.929
201506 -0.273 100.684 -0.357
201509 0.527 100.392 0.692
201512 -0.415 99.792 -0.548
201603 -1.934 100.470 -2.537
201606 132.189 101.688 171.302
201609 132.588 101.861 171.527
201612 141.510 101.863 183.067
201703 138.815 102.862 177.835
201706 126.409 103.349 161.179
201709 112.140 104.136 141.905
201712 138.470 104.011 175.434
201803 132.403 105.290 165.710
201806 138.233 106.317 171.335
201809 138.910 106.507 171.867
201812 141.531 105.998 175.951
201903 141.555 107.251 173.925
201906 140.999 108.070 171.929
201909 139.400 108.329 169.572
201912 134.780 108.420 163.815
202003 129.873 108.902 157.153
202006 127.224 108.767 154.137
202009 114.287 109.815 137.143
202012 101.005 109.897 121.114
202103 93.485 111.754 110.234
202106 87.334 114.631 100.396
202109 80.737 115.734 91.928
202112 71.982 117.630 80.639
202203 65.237 121.301 70.871
202206 58.171 125.017 61.316
202209 57.672 125.227 60.688
202212 56.392 125.222 59.344
202303 58.419 127.348 60.450
202306 64.505 128.729 66.032
202309 70.300 129.860 71.338
202312 70.001 129.419 71.276
202403 75.846 131.776 75.846

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


Charter Communications  (WBO:CHTR) 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.

Charter Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=252.10/106.2
=2.37

* 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 Charter Communications was 96.17. The lowest was 2.20. And the median was 7.94.


Be Aware

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


Charter Communications Cyclically Adjusted Book per Share Related Terms

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


Charter Communications (WBO:CHTR) Business Description

Address
400 Washington Boulevard, Stamford, CT, USA, 06902
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 56 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.