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Altice USA (Altice USA) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2023)


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What is Altice USA 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.

Altice USA's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was $-0.926. 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 $0.00 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-27), Altice USA's current stock price is $ 2.05. Altice USA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was $0.00. Altice USA's Cyclically Adjusted PB Ratio of today is .


Altice USA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Altice USA'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.

Altice USA Cyclically Adjusted Book per Share Chart

Altice USA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Altice USA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Altice USA's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Altice USA'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.


Altice USA's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Altice USA 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, Altice USA's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.926/129.4194*129.4194
=-0.926

Current CPI (Dec. 2023) = 129.4194.

Altice USA does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate it.


Altice USA  (NYSE:ATUS) 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.


Be Aware

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


Altice USA Cyclically Adjusted Book per Share Related Terms

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


Altice USA (Altice USA) Business Description

Traded in Other Exchanges
Address
1 Court Square West, Long Island City, New York, NY, USA, 11101
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Both regions operate under the Optimum brand name. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local news in New York, i24News, a news operation focused on the Middle East, and Cheddar, a news upstart.
Executives
Alexandre Fonseca director 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Marc Sirota officer: Chief Financial Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Patrick Drahi director, 10 percent owner WIESTISTRASSE 14, ZERMATT V8 3920
Next Alt S.a.r.l. director, 10 percent owner 5, RUE EUGENE RUPPERT, GRAND DUCHY OF LUXEMBOURG N4 L-2453
Dennis Mathew officer: Chief Executive Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Maria Bruzzese officer: Chief Accounting Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Charles Stewart officer: Co-President & CFO 1111 STEWART AVENUE, BETHPAGE NY 11714
Mark Mullen director 1111 STEWART AVENUE, BETHPAGE NY 11714
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Gerrit Jan Bakker director 15 RUE PIERRE FATIO 6TH FLOOR, GENEVA V8 1204
Raymond Svider director 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Michael Olsen officer: Acting Gen Counsel & Secretary 1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Michael Grau officer: Chief Financial Officer 1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Soroban Opportunities Master Fund Lp 10 percent owner WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD, GEORGE TOWN E9 KY1-9008
Soroban Capital Gp Llc 10 percent owner 55 WEST 46TH STREET, 32ND FLOOR, NEW YORK NY 10036