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Cheniere Energy (Cheniere Energy) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Cheniere Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheniere Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cheniere Energy'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.

Cheniere Energy Cyclically Adjusted PB Ratio Chart

Cheniere Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Cheniere Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Cheniere Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Cheniere Energy'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.


Cheniere Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cheniere Energy 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.

Cheniere Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cheniere Energy'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)
=18.47/131.7762*131.7762
=18.470

Current CPI (Mar. 2024) = 131.7762.

Cheniere Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.237 100.560 -0.311
201409 -0.639 100.428 -0.838
201412 -0.694 99.070 -0.923
201503 -0.943 99.621 -1.247
201506 -1.347 100.684 -1.763
201509 -2.711 100.392 -3.559
201512 -3.828 99.792 -5.055
201603 -5.139 100.470 -6.740
201606 -6.340 101.688 -8.216
201609 -6.817 101.861 -8.819
201612 -5.866 101.863 -7.589
201703 -5.616 102.862 -7.195
201706 -6.783 103.349 -8.649
201709 -7.960 104.136 -10.073
201712 -7.424 104.011 -9.406
201803 -5.872 105.290 -7.349
201806 -4.099 106.317 -5.081
201809 -2.369 106.507 -2.931
201812 -2.047 105.998 -2.545
201903 -1.434 107.251 -1.762
201906 -1.763 108.070 -2.150
201909 -3.529 108.329 -4.293
201912 -0.055 108.420 -0.067
202003 0.777 108.902 0.940
202006 1.673 108.767 2.027
202009 -0.095 109.815 -0.114
202012 -0.757 109.897 -0.908
202103 0.761 111.754 0.897
202106 -0.418 114.631 -0.481
202109 -4.959 115.734 -5.646
202112 -10.138 117.630 -11.357
202203 -14.583 121.301 -15.842
202206 -14.225 125.017 -14.994
202209 -24.726 125.227 -26.019
202212 -12.094 125.222 -12.727
202303 7.821 127.348 8.093
202306 11.905 128.729 12.187
202309 17.353 129.860 17.609
202312 21.350 129.419 21.739
202403 18.470 131.776 18.470

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.


Cheniere Energy  (NYSE:LNG) 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.


Cheniere Energy Cyclically Adjusted PB Ratio Related Terms

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


Cheniere Energy (Cheniere Energy) Business Description

Industry
Traded in Other Exchanges
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.
Executives
Denise Gray director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Matthew Jk Runkle director 345 PARK AVENUE, NEW YORK NY 10154
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Grindal Corey officer: EVP & Chief Operating Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian E Edwards director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Aaron D. Stephenson officer: SVP, Operations 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
G Andrea Botta director 14 EAST 75TH ST #8A, NEW YORK NY 10021
Scott Bennett Peak director 1200 SMITH STREET, HOUSTON TX 77002
Neal A Shear director 1585 BROADWAY, NEW YORK NY 10036
David L Slack officer: VP & Chief Accounting Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Lorraine Mitchelmore director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Patricia K Collawn director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Nuno Brandolini director 717 TEXAS AVE., SUITE 3100, HOUSTON TX 77002

Cheniere Energy (Cheniere Energy) Headlines

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