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Charter Communications (Charter Communications) Cyclically Adjusted Book per Share : $111.93 (As of Dec. 2023)


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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 Dec. 2023 was $76.337. 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 $111.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Charter Communications's average Cyclically Adjusted Book Growth Rate was 10.20% 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 (2024-04-27), Charter Communications's current stock price is $254.61. Charter Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $111.93. Charter Communications's Cyclically Adjusted PB Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Charter Communications was 96.17. The lowest was 2.27. And the median was 7.97.


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 62.78 75.48 89.76 101.55 111.93

Charter Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 101.55 104.79 107.65 110.45 111.93

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 Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=76.337/129.4194*129.4194
=76.337

Current CPI (Dec. 2023) = 129.4194.

Charter Communications Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.298 99.695 1.685
201406 1.211 100.560 1.559
201409 0.982 100.428 1.265
201412 1.442 99.070 1.884
201503 0.760 99.621 0.987
201506 -0.306 100.684 -0.393
201509 0.591 100.392 0.762
201512 -0.452 99.792 -0.586
201603 -2.154 100.470 -2.775
201606 148.527 101.688 189.032
201609 148.808 101.861 189.068
201612 149.272 101.863 189.654
201703 148.465 102.862 186.796
201706 142.033 103.349 177.861
201709 133.659 104.136 166.111
201712 163.870 104.011 203.901
201803 163.259 105.290 200.674
201806 161.487 106.317 196.578
201809 162.089 106.507 196.959
201812 161.013 105.998 196.591
201903 159.950 107.251 193.012
201906 159.321 108.070 190.796
201909 153.525 108.329 183.414
201912 149.755 108.420 178.760
202003 143.506 108.902 170.544
202006 143.271 108.767 170.474
202009 134.614 109.815 158.646
202012 122.877 109.897 144.705
202103 111.292 111.754 128.884
202106 105.221 114.631 118.795
202109 94.985 115.734 106.217
202112 81.336 117.630 89.488
202203 71.846 121.301 76.654
202206 61.492 125.017 63.658
202209 57.101 125.227 59.013
202212 59.738 125.222 61.740
202303 62.547 127.348 63.564
202306 69.887 128.729 70.262
202309 75.027 129.860 74.773
202312 76.337 129.419 76.337

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


Charter Communications  (NAS: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
=254.61/111.93
=2.27

* 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 2.27. And the median was 7.97.


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 (Charter Communications) 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.
Executives
Thomas Rutledge director, officer: President and CEO 400 WASHINGTON BLVD., STAMFORD CT 06902
Jamal H Haughton officer: EVP/Gen Counsel/Corp Secretary TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gregory B Maffei director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Craig A Jacobson director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Richard Adam Ray officer: EVP, Chief Commercial Officer 400 WASHINGTON BLVD, STAMFORD CT 06902
Steven A Miron director DISCOVERY COMMUNICATIONS, INC., 1 DISCOVERY PLACE, SILVER SPRING MD 20910
Eric Louis Zinterhofer director C/O SEARCHLIGHT CAPITAL PARTNERS GP, LP, 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Jonathan Hargis officer: EVP/Chief Marketing Officer 400 WASHINGTON BLVD., STAMFORD CT 06902
Jessica M Fischer officer: Chief Financial Officer 400 WASHINGTON BLVD., STAMFORD CT 06902
John Bickham officer: EVP/Chief Operating Officer 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Richard R Dykhouse officer: SVP/Gen Counsel/Corp Secretary 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
David C Merritt director CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
David Ellen officer: Senior Executive VicePresident 1111 STEWART AVENUE, BETHPAGE NY 11714
Balan Nair director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Christopher L Winfrey officer: EVP/Chief Financial Officer CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131