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Linn Energy (Linn Energy) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2019)


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What is Linn Energy Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Linn Energy's adjusted book value per share for the three months ended in Sep. 2019 was $17.810. 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 Sep. 2019.

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 (2024-05-17), Linn Energy's current stock price is $39.24. Linn Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 was $0.00. Linn Energy's Cyclically Adjusted PB Ratio of today is .


Linn Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Linn Energy'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.

Linn Energy Cyclically Adjusted Book per Share Chart

Linn Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
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Linn Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Linn Energy's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Linn Energy'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.


Linn Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Linn Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Linn Energy 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, Linn Energy's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book= Book Value per Share /CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=17.81/108.3294*108.3294
=17.810

Current CPI (Sep. 2019) = 108.3294.

Linn Energy Quarterly Data

Book Value per Share CPI Adj_Book
200912 18.870 91.111 22.436
201003 21.867 91.821 25.799
201006 19.094 91.962 22.492
201009 18.517 92.162 21.765
201012 17.535 92.474 20.542
201103 16.225 94.283 18.642
201106 16.947 95.235 19.277
201109 20.999 95.727 23.764
201112 19.333 95.213 21.996
201203 20.202 96.783 22.612
201206 20.704 96.819 23.165
201209 17.856 97.633 19.812
201212 18.878 96.871 21.111
201303 17.209 98.209 18.982
201306 17.990 98.518 19.782
201309 17.179 98.790 18.838
201312 17.871 98.326 19.689
201403 16.870 99.695 18.331
201406 15.561 100.560 16.763
201409 14.864 100.428 16.033
201412 13.687 99.070 14.966
201503 12.249 99.621 13.320
201506 10.871 100.684 11.696
201509 6.180 100.392 6.669
201512 -0.757 99.792 -0.822
201603 -4.517 100.470 -4.870
201606 -3.913 101.688 -4.169
201609 -4.456 101.861 -4.739
201612 -6.794 101.863 -7.225
201703 22.737 102.862 23.945
201706 25.289 103.349 26.508
201709 26.889 104.136 27.972
201712 0.000 104.011 0.000
201803 23.703 105.290 24.387
201806 23.155 106.317 23.593
201809 16.078 106.507 16.353
201812 17.887 105.998 18.280
201903 17.230 107.251 17.403
201906 17.545 108.070 17.587
201909 17.810 108.329 17.810

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


Linn Energy  (DELISTED:LNGG) 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.


Linn Energy Cyclically Adjusted Book per Share Related Terms

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


Linn Energy (Linn Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linn Energy Inc (DELISTED:LNGG) » Definitions » Cyclically Adjusted Book per Share
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14701 Hertz Quail Springs Parkway, Oklahoma City, OK, USA, 73134
Linn Energy Inc is a US-based independent oil and natural gas company. Its objective is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. The company's properties are located in the United States in the Hugoton Basin, the Rockies, the Mid-Continent, east Texas and north Louisiana, Michigan/Illinois, California, the Permian Basin and south Texas. Linn derives revenue from the sale of oil, natural gas and natural gas liquids.

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