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Chart Industries (Chart Industries) Cyclically Adjusted Book per Share : $42.44 (As of Mar. 2024)


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What is Chart Industries 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.

Chart Industries's adjusted book value per share for the three months ended in Mar. 2024 was $65.142. 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 $42.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chart Industries's average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Chart Industries was 30.00% per year. The lowest was 5.30% per year. And the median was 10.50% per year.

As of today (2024-06-09), Chart Industries's current stock price is $145.40. Chart Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $42.44. Chart Industries's Cyclically Adjusted PB Ratio of today is 3.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chart Industries was 7.21. The lowest was 0.63. And the median was 2.99.


Chart Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chart Industries'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.

Chart Industries Cyclically Adjusted Book per Share Chart

Chart Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.37 28.48 32.56 36.71 40.96

Chart Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.13 39.31 40.35 40.96 42.44

Competitive Comparison of Chart Industries's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Chart Industries'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.


Chart Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chart Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chart Industries 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, Chart Industries's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=65.142/131.7762*131.7762
=65.142

Current CPI (Mar. 2024) = 131.7762.

Chart Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.773 100.560 36.395
201409 28.302 100.428 37.136
201412 28.865 99.070 38.394
201503 28.887 99.621 38.211
201506 29.600 100.684 38.741
201509 29.604 100.392 38.859
201512 21.954 99.792 28.990
201603 22.111 100.470 29.001
201606 22.658 101.688 29.362
201609 23.215 101.861 30.033
201612 22.774 101.863 29.462
201703 22.841 102.862 29.261
201706 23.365 103.349 29.792
201709 23.720 104.136 30.016
201712 26.041 104.011 32.992
201803 26.636 105.290 33.337
201806 26.335 106.317 32.641
201809 26.818 106.507 33.181
201812 28.201 105.998 35.059
201903 28.010 107.251 34.415
201906 33.365 108.070 40.684
201909 33.480 108.329 40.726
201912 34.291 108.420 41.678
202003 33.661 108.902 40.731
202006 35.220 108.767 42.671
202009 36.450 109.815 43.739
202012 44.395 109.897 53.234
202103 42.891 111.754 50.575
202106 43.337 114.631 49.819
202109 43.493 115.734 49.522
202112 44.232 117.630 49.552
202203 44.264 121.301 48.087
202206 43.834 125.017 46.204
202209 44.150 125.227 46.459
202212 62.860 125.222 66.150
202303 62.508 127.348 64.682
202306 62.578 128.729 64.059
202309 61.426 129.860 62.333
202312 65.175 129.419 66.362
202403 65.142 131.776 65.142

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


Chart Industries  (NYSE:GTLS) 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.

Chart Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=145.40/42.44
=3.43

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chart Industries was 7.21. The lowest was 0.63. And the median was 2.99.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Chart Industries Cyclically Adjusted Book per Share Related Terms

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


Chart Industries (Chart Industries) Business Description

Traded in Other Exchanges
Address
2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, USA, 30107
Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.
Executives
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Andrew R Cichocki director C/O CHART INDUSTRIES, INC., 2200 AIRPORT INDUSTRIAL DRIVE, SUITE 100, BALL GROUND GA 30107
Stephanie Winn Everett officer: Chief Accounting Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Paul E Mahoney director C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Spencer S Stiles director 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Gerald F Vinci officer: VP & Chief Human Resources Ofc 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Jillian C. Evanko officer: VP, CFO, CAO and Treasurer 1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Roger A Strauch director 125 GUILFORD ROAD, PIEDMONT CA 94611
David M. Sagehorn director 2307 OREGON STREET, PO BOX 2566, OSHKOSH WI 54903-2566
Brian Patrick Bostrom officer: Chief Technology Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Joseph Robert Brinkman officer: VP & Chief Financial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Ducote Douglas A Jr. officer: Chief Technology Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Paula Harris director 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Joseph A Belling officer: Chief Commercial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Robin M Catalano officer: VP & Chief Accounting Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107