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Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2022)


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What is Macquarie Infrastructure Holdings LLC 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.

Macquarie Infrastructure Holdings LLC's adjusted book value per share for the three months ended in Mar. 2022 was $3.458. 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 Mar. 2022.

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), Macquarie Infrastructure Holdings LLC's current stock price is $4.09. Macquarie Infrastructure Holdings LLC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 was $0.00. Macquarie Infrastructure Holdings LLC's Cyclically Adjusted PB Ratio of today is .


Macquarie Infrastructure Holdings LLC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Macquarie Infrastructure Holdings LLC'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.

Macquarie Infrastructure Holdings LLC Cyclically Adjusted Book per Share Chart

Macquarie Infrastructure Holdings LLC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
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Macquarie Infrastructure Holdings LLC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Macquarie Infrastructure Holdings LLC's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Macquarie Infrastructure Holdings LLC'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.


Macquarie Infrastructure Holdings LLC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Macquarie Infrastructure Holdings LLC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Macquarie Infrastructure Holdings LLC's Cyclically Adjusted PB Ratio falls into.



Macquarie Infrastructure Holdings LLC 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, Macquarie Infrastructure Holdings LLC's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book= Book Value per Share /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=3.458/121.3010*121.3010
=3.458

Current CPI (Mar. 2022) = 121.3010.

Macquarie Infrastructure Holdings LLC Quarterly Data

Book Value per Share CPI Adj_Book
201206 15.543 96.819 19.473
201209 15.005 97.633 18.642
201212 13.803 96.871 17.284
201303 14.676 98.209 18.127
201306 17.420 98.518 21.449
201309 17.162 98.790 21.073
201312 18.513 98.326 22.839
201403 18.062 99.695 21.977
201406 17.421 100.560 21.014
201409 39.736 100.428 47.995
201412 39.206 99.070 48.004
201503 40.105 99.621 48.833
201506 39.299 100.684 47.346
201509 38.445 100.392 46.452
201512 37.874 99.792 46.037
201603 37.129 100.470 44.827
201606 36.265 101.688 43.260
201609 36.094 101.861 42.982
201612 35.990 101.863 42.858
201703 35.253 102.862 41.572
201706 34.414 103.349 40.392
201709 34.454 104.136 40.133
201712 37.219 104.011 43.406
201803 36.723 105.290 42.308
201806 36.165 106.317 41.262
201809 35.462 106.507 40.388
201812 34.557 105.998 39.546
201903 34.391 107.251 38.896
201906 33.551 108.070 37.659
201909 33.266 108.329 37.249
201912 32.356 108.420 36.200
202003 31.504 108.902 35.091
202006 31.425 108.767 35.046
202009 21.197 109.815 23.414
202012 10.130 109.897 11.181
202103 10.261 111.754 11.138
202106 10.423 114.631 11.029
202109 3.504 115.734 3.673
202112 3.338 117.630 3.442
202203 3.458 121.301 3.458

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


Macquarie Infrastructure Holdings LLC  (NYSE:MIC) 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.


Macquarie Infrastructure Holdings LLC Cyclically Adjusted Book per Share Related Terms

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


Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
125 West 55th Street, New York, NY, USA, 10019
Macquarie Infrastructure Holdings LLC is a diversified business company. The company's business comprises (i) Hawaii Gas, Hawaii's only government-franchised gas utility and an unregulated LPG distribution business providing gas and related services to industrial, commercial, residential, and governmental customers; (ii) controlling interests in two solar facilities on Oahu; and (iii) smaller projects collectively engaged in efforts to reduce the cost and improve the reliability and sustainability of energy in Hawaii. The company serves corporations, government agencies, and individual customers primarily in the United States.
Executives
Christopher Frost director, officer: Chief Executive Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Nick O'neil officer: Chief Financial Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Michael Kernan officer: General Counsel and Secretary 125 W 55TH STREET NEW YORK NY 10019
Jay Davis officer: Vice President 125 W. 55TH STREET LEVEL 15 NEW YORK NY 10019
Martin Stanley director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Ouma Sananikone director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Henry E Lentz director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Amanda M Brock director 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Brown Norman H Jr director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Mihi Llc director, 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Infrastructure Management (usa) Inc director, 10 percent owner 125 WEST 55TH STREET, 15TH FLOOR NEW YORK NY 10019
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Carmany George W Iii other: Former Director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 600 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10020

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