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Questar (Questar) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Questar Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Questar Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Questar'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.

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Questar Cyclically Adjusted PB Ratio Chart

Questar Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Questar Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Questar's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Gas subindustry, Questar'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.


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

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

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



Questar 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.

Questar's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=7.754/101.6881*101.6881
=7.754

Current CPI (Jun. 2016) = 101.6881.

Questar Quarterly Data

Book Value per Share CPI Adj_Book
200609 12.413 85.606 14.745
200612 12.838 85.142 15.333
200703 13.143 86.640 15.426
200706 13.722 87.906 15.873
200709 14.520 87.964 16.785
200712 14.918 88.616 17.119
200803 14.731 90.090 16.628
200806 13.836 92.320 15.240
200809 18.592 92.307 20.482
200812 19.689 88.697 22.573
200903 20.074 89.744 22.746
200906 19.601 91.003 21.902
200909 19.165 91.120 21.388
200912 20.058 91.111 22.386
201003 21.848 91.821 24.196
201006 5.530 91.962 6.115
201009 5.535 92.162 6.107
201012 5.861 92.474 6.445
201103 6.140 94.283 6.622
201106 6.231 95.235 6.653
201109 6.160 95.727 6.544
201112 5.809 95.213 6.204
201203 6.062 96.783 6.369
201206 5.941 96.819 6.240
201209 5.995 97.633 6.244
201212 5.918 96.871 6.212
201303 6.204 98.209 6.424
201306 6.292 98.518 6.494
201309 6.047 98.790 6.224
201312 6.846 98.326 7.080
201403 7.172 99.695 7.315
201406 7.243 100.560 7.324
201409 7.300 100.428 7.392
201412 7.105 99.070 7.293
201503 7.389 99.621 7.542
201506 7.447 100.684 7.521
201509 7.397 100.392 7.493
201512 7.515 99.792 7.658
201603 7.758 100.470 7.852
201606 7.754 101.688 7.754

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.


Questar  (NYSE:STR) 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.


Questar Cyclically Adjusted PB Ratio Related Terms

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


Questar (Questar) Business Description

Traded in Other Exchanges
N/A
Address
Questar Corporation is an integrated natural gas holding company with three lines of business operated through wholly owned subsidiaries: Wexpro Company, Questar Pipeline and Questar Gas. Questar Gas distributes natural gas as a public utility in Utah, southwestern Wyoming and a small portion of southeastern Idaho. Questar Gas has the necessary regulatory approvals to serve the areas and has long-term franchises granted by communities and counties within its service area. Questar Gas currently does not face direct competition from other distributors of natural gas for residential and commercial customers in its service territory. Wexpro develops, produces and delivers natural gas from cost-of-service reserves for gas utility affiliate Questar Gas under the terms of the Wexpro Agreement and the Wexpro II Agreement (Wexpro agreements), comprehensive agreements with the states of Utah and Wyoming. Wexpro delivers natural gas production to Questar Gas at cost of service. Wexpro's properties are located in the Rocky Mountain region, in the Vermillion, Pinedale, Moxa Arch, and Uinta Basin producing fields. Wexpro faces competition in its business, including the marketing of oil and NGL, and obtaining goods, services and labor. Questar Pipeline provides natural gas transportation and underground-storage services in Utah, Wyoming and Colorado. Questar Pipeline and its subsidiaries operate 2,667 miles of interstate pipeline, including 10 miles owned by a third party. Questar Pipeline's core transportation system is strategically located near large reserves of natural gas in six Rocky Mountain producing areas. Questar Pipeline transports natural gas from these producing areas to other pipeline systems, Questar Gas's distribution system and other utility systems. In addition to this core system, Questar Pipeline, through wholly-owned subsidiaries, owns and operates the Overthrust Pipeline in southwestern Wyoming and the eastern segment of Southern Trails Pipeline, a 487-mile line that extends from the Blanco hub in New Mexico's San Juan Basin to just inside the California state line near the Arizona border. An additional 96miles of Southern Trails Pipeline in California is not in service.
Executives
Harris H Simmons director ZIONS BANCORPORATION, ONE MAIN STREET, SUITE 1134, SALT LAKE CITY UT 84111
Laurence M Downes director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Ron W Jibson officer: President & CEO 180 EAST 100 SOUTH, P.O. BOX 45360, SALT LAKE CITY UT 84145-0433
Rebecca Ranich director 333 S STATE STREET, SALT LAKE CITY UT 84145-0433
Micheal G. Dunn officer: EVP & President, QPC 333 SOUTH STATE STREET, 333 SOUTH STATE STREET UT 84145-0433
Christopher A Helms director MPLX LP, 200 E. HARDIN STREET, FINDLAY OH 45840
Teresa Beck director 1681 SOUTH MOHAWK WAY, SALT LAKE CITY UT 84108
J T Mcmanus director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Bruce A Williamson director C/O SOUTHCROSS ENERGY PARTNERS, L.P., 1717 MAIN STREET, SUITE 5200, DALLAS TX 75201
R D Cash director 5201 18TH PLACE, LUBBOCK TX 79416
Keith O Rattie director 180 EAST 100 SOUTH, SALT LAKE CITY UT 84111
Gary G Michael director P. O. BOX 1718, BOISE ID 83701
L Richard Flury director 2000 W SAM HOUSTON PKWY S, SUITE 2000, HOUSTON TX 77042
Mckee Robert E Iii director 14927 SANDALFOOT, HOUSTON TX 77095
Charles B Stanley director, officer: EVP / COO 6500 NORTH MINERAL DRIVE, COEUR D'ALENE ID 83815-9408

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