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AGL Resources (AGL Resources) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is AGL Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AGL Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AGL Resources's Cyclically Adjusted PB Ratio 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.

AGL Resources Cyclically Adjusted PB Ratio Chart

AGL Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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AGL Resources Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of AGL Resources's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Gas subindustry, AGL Resources'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.


AGL Resources's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AGL Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AGL Resources Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

AGL Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, AGL Resources's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book=Book Value per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=33.411/100.4704*100.4704
=33.411

Current CPI (Mar. 2016) = 100.4704.

AGL Resources Quarterly Data

Book Value per Share CPI Adj_Book
200606 20.193 85.606 23.699
200609 20.321 85.606 23.850
200612 20.708 85.142 24.436
200703 21.570 86.640 25.013
200706 21.520 87.906 24.596
200709 21.194 87.964 24.207
200712 21.741 88.616 24.649
200803 22.510 90.090 25.104
200806 21.990 92.320 23.931
200809 22.448 92.307 24.433
200812 21.482 88.697 24.333
200903 22.470 89.744 25.156
200906 22.412 91.003 24.744
200909 22.209 91.120 24.488
200912 22.968 91.111 25.327
201003 23.573 91.821 25.794
201006 23.205 91.962 25.352
201009 23.051 92.162 25.129
201012 23.244 92.474 25.254
201103 24.335 94.283 25.932
201106 24.184 95.235 25.514
201109 23.685 95.727 24.859
201112 28.359 95.213 29.925
201203 29.096 96.783 30.205
201206 29.038 96.819 30.133
201209 28.715 97.633 29.549
201212 28.586 96.871 29.648
201303 29.444 98.209 30.122
201306 29.403 98.518 29.986
201309 29.197 98.790 29.694
201312 30.011 98.326 30.666
201403 31.892 99.695 32.140
201406 31.959 100.560 31.931
201409 31.447 100.428 31.460
201412 31.626 99.070 32.073
201503 32.796 99.621 33.076
201506 32.878 100.684 32.808
201509 32.175 100.392 32.200
201512 32.639 99.792 32.861
201603 33.411 100.470 33.411

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


AGL Resources  (NYSE:GAS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


AGL Resources Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of AGL Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AGL Resources (AGL Resources) Business Description

Traded in Other Exchanges
N/A
Address
AGL Resources Inc was incorporated on November 27, 1995 under the laws of the State of Georgia. It is an energy services holding company. The Company is engaged in the distribution of natural gas in seven states; Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee and Maryland through its seven natural gas distribution utilities. The Company's business segments are Distribution Operations, Retail Operations, Wholesale Services and Midstream Operations. The distribution operations segment includes seven natural gas local distribution utilities with a focus of providing safe and reliable delivery of natural gas. The retail operations segment serves natural gas commodity customers and service contracts. The wholesale services segment is engaged in asset management and optimization, storage, transportation, producer and peaking services and wholesale marketing of natural gas across the U.S. and Canada. Wholesale services utilizes a portfolio of natural gas storage assets, contracted supply from all of the main producing regions, as well as contracted storage and transportation capacity to provide these services to its customers. The midstream operations segment includes a number of businesses that are related and complementary to its primary business. The Company competes with electric utilities and fuel oil and propane providers serving the residential, commercial and industrial markets and natural gas facilities. The Company's business is subject to substantial regulation by federal, state and local regulatory authorities.
Executives
Bettina M Whyte director 9 W 57TH ST 34TH FLR, NEW YORK NY 10019
Dennis M Love director TEN PEACHTREE PLACE, DEPT. 1466, ATLANTA GA 30309
Dean R Ohare director 15 MOUNTAIN VIEW ROAD, WARREN NJ 07059
Norman Bobins director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Brenda J Gaines director 1445 ROSS AVENUE, SUITE 1400, DALLAS TX 75202
James A Rubright director 3435 WOODHAVEN RD NW, ATLANTA GA 30305
Sandra N Bane director
Henry C Wolf director NORFOLK SOUTHERN CORP, THREE COMMERCIAL PLACE, NORFOLK VA 23510-9219
Andrew W Evans director, officer: President & CEO TEN PEACHTREE PLACE, LOC. 1466, ATLANTA GA 30309
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
Bell Thomas D Jr director
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Arthur E Johnson director IKON OFFICE SOLUTIONS INC, 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John Rau director MIAMI CORPORATION, 410 N. MICHIGAN AVENUE, ROOM 590, CHICAGO IL 60611
Somerhalder John W Ii director, officer: Chairman and CEO 76 SOUTH MAIN STREET, AKRON OH 44308

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