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Empire District Electric Co (Empire District Electric Co) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2016)


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What is Empire District Electric Co 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.

Empire District Electric Co's adjusted book value per share for the three months ended in Sep. 2016 was $18.749. 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. 2016.

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 (2024-05-06), Empire District Electric Co's current stock price is $34.09. Empire District Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 was $0.00. Empire District Electric Co's Cyclically Adjusted PB Ratio of today is .


Empire District Electric Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Empire District Electric Co'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.

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Empire District Electric Co Cyclically Adjusted Book per Share Chart

Empire District Electric Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
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Empire District Electric Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Empire District Electric Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Empire District Electric Co'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.


Empire District Electric Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empire District Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Empire District Electric Co's Cyclically Adjusted PB Ratio falls into.



Empire District Electric Co 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, Empire District Electric Co's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book= Book Value per Share /CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=18.749/101.8610*101.8610
=18.749

Current CPI (Sep. 2016) = 101.8610.

Empire District Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
200612 15.491 85.142 18.533
200703 15.394 86.640 18.098
200706 15.390 87.906 17.833
200709 15.693 87.964 18.172
200712 16.044 88.616 18.442
200803 16.131 90.090 18.239
200806 16.351 92.320 18.041
200809 15.913 92.307 17.560
200812 15.541 88.697 17.847
200903 15.469 89.744 17.558
200906 15.433 91.003 17.274
200909 15.728 91.120 17.582
200912 15.747 91.111 17.605
201003 15.661 91.821 17.373
201006 15.604 91.962 17.284
201009 15.900 92.162 17.573
201012 15.817 92.474 17.423
201103 15.814 94.283 17.085
201106 15.704 95.235 16.797
201109 16.316 95.727 17.362
201112 16.532 95.213 17.686
201203 16.536 96.783 17.404
201206 16.533 96.819 17.394
201209 16.904 97.633 17.636
201212 16.896 96.871 17.766
201303 16.966 98.209 17.597
201306 16.982 98.518 17.558
201309 17.310 98.790 17.848
201312 17.427 98.326 18.054
201403 17.680 99.695 18.064
201406 17.681 100.560 17.910
201409 17.999 100.428 18.256
201412 18.015 99.070 18.523
201503 18.118 99.621 18.525
201506 18.005 100.684 18.215
201509 18.338 100.392 18.606
201512 18.319 99.792 18.699
201603 18.408 100.470 18.663
201606 18.361 101.688 18.392
201609 18.749 101.861 18.749

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


Empire District Electric Co  (NYSE:EDE) 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.


Empire District Electric Co Cyclically Adjusted Book per Share Related Terms

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


Empire District Electric Co (Empire District Electric Co) Business Description

Traded in Other Exchanges
N/A
Address
Empire District Electric Co is a Kansas corporation organized in 1909. The Company is an operating public utility engaged in the generation, purchase, transmission, distribution and sale of electricity in parts of Missouri, Kansas, Oklahoma and Arkansas. The Company operates its businesses as three segments; Electric, Gas and Other. The Company also provides water service to three towns in Missouri. The Company, along with its subsidiary The Empire District Gas Company, is engaged in the distribution of natural gas in Missouri. The Other segment consists of fiber optics business. As of December 31, 2013 the Company's electric operations serve approximately 168,800 customers and gas operations serve approximately 44,000 customers. The territory served by electric operations embraces an area of about 10,000 square miles, located principally in southwestern Missouri, and also includes smaller areas in southeastern Kansas, northeastern Oklahoma and northwestern Arkansas. The Company supplies electric service at retail to 119 incorporated communities as of December 31, 2013, and to various unincorporated areas and at wholesale to four municipally owned distribution systems. The Company operates under franchises having original terms of twenty years or longer in the incorporated communities. The three largest classes of on-system customers are residential, commercial and industrial. The largest single on-system wholesale customer is the city of Monett, Missouri. The Company currently supplements its on-system generating capacity with purchases of capacity and energy from other sources in order to meet the demands of its customers and the capacity margins applicable under current pooling agreements and National Electric Reliability Council rules. The generating facilities consist of three coal-fired generating plants, two natural gas generating plants and one hydroelectric generating plant. The Company's gas operations serve customers in northwest, north central and west central Missouri. As of December 31, 2013, gas operations served approximately 44,000 customers. The Company provides natural gas distribution to 48 communities and 377 transportation customers as of December 31, 2013. At December 31, 2013 the principal gas utility properties of the Company consisted of approximately 87 miles of transmission mains and approximately 1,160 miles of distribution mains. The three pipelines that serve the Company's gas customers are Southern Star Central Gas Pipeline, Panhandle Eastern Pipe Line Company and ANR Pipeline Company. The Company is subject to the jurisdiction of the Missouri Public Service Commission (MPSC), the State Corporation Commission of the State of Kansas (KCC), the Corporation Commission of Oklahoma (OCC) and the Arkansas Public Service Commission (APSC) with respect to services and facilities, rates and charges, regulatory accounting, valuation of property, depreciation and various other matters.
Executives
Herbert J Schmidt director 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
Ross C Hartley director P O BOX 477 TENTON VILLAGE WY 83025
Thomas M Ohlmacher director P O BOX 1400, RAPID CITY SD 57709-1400
Bonnie Cruickshank Lind director 3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Francis E Jeffries director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536