GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GP Petroleums Ltd (BOM:532543) » Definitions » Cyclically Adjusted Book per Share

GP Petroleums (BOM:532543) Cyclically Adjusted Book per Share : ₹50.53 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is GP Petroleums 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.

GP Petroleums's adjusted book value per share for the three months ended in Mar. 2024 was ₹59.491. 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 ₹50.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GP Petroleums's average Cyclically Adjusted Book Growth Rate was 8.40% 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.

As of today (2024-06-03), GP Petroleums's current stock price is ₹60.72. GP Petroleums's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹50.53. GP Petroleums's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GP Petroleums was 1.36. The lowest was 0.67. And the median was 1.12.


GP Petroleums Cyclically Adjusted Book per Share Historical Data

The historical data trend for GP Petroleums'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.

GP Petroleums Cyclically Adjusted Book per Share Chart

GP Petroleums Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 42.13 46.60 50.53

GP Petroleums 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 46.60 - 49.07 - 50.53

Competitive Comparison of GP Petroleums's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, GP Petroleums'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.


GP Petroleums's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



GP Petroleums 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, GP Petroleums'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)
=59.491/153.0345*153.0345
=59.491

Current CPI (Mar. 2024) = 153.0345.

GP Petroleums Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 24.345 96.780 38.496
201412 0.000 96.780 0.000
201503 25.420 97.163 40.037
201506 0.000 99.841 0.000
201509 26.087 101.753 39.234
201512 0.000 102.901 0.000
201603 32.739 102.518 48.871
201606 0.000 105.961 0.000
201609 29.065 105.961 41.977
201612 0.000 105.196 0.000
201703 36.095 105.196 52.509
201706 0.000 107.109 0.000
201709 31.324 109.021 43.970
201712 0.000 109.404 0.000
201803 38.461 109.786 53.612
201806 0.000 111.317 0.000
201809 39.667 115.142 52.721
201812 0.000 115.142 0.000
201903 40.812 118.202 52.839
201906 0.000 120.880 0.000
201909 42.713 123.175 53.067
201912 0.000 126.235 0.000
202003 43.009 124.705 52.779
202006 0.000 127.000 0.000
202009 44.065 130.118 51.826
202012 0.000 130.889 0.000
202103 45.716 131.771 53.093
202106 0.000 134.084 0.000
202109 46.097 135.847 51.929
202112 0.000 138.161 0.000
202203 49.301 138.822 54.348
202206 0.000 142.347 0.000
202209 52.708 144.661 55.759
202212 0.000 145.763 0.000
202303 54.169 146.865 56.445
202306 0.000 150.280 0.000
202309 56.943 151.492 57.523
202312 0.000 152.924 0.000
202403 59.491 153.035 59.491

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


GP Petroleums  (BOM:532543) 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.

GP Petroleums's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.72/50.53
=1.20

* 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 GP Petroleums was 1.36. The lowest was 0.67. And the median was 1.12.


Be Aware

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


GP Petroleums Cyclically Adjusted Book per Share Related Terms

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


GP Petroleums (BOM:532543) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GP Petroleums Ltd (BOM:532543) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
MIDC Central Road, 803 / 804, Ackruti Star, 8th Floor, Opposite Ackruti Centre Point, MIDC, Andheri (East), Mumbai, MH, IND, 400093
GP Petroleums Ltd is an Indian company that operates in the petrochemical industry. The company specializes in industrial and automotive lubricants, process oils, transformer oils, greases, and other specialties under the brand name REPSOL and IPOL in India and overseas markets. The company operates primarily in two business segments - The trading segment that includes trading activities through base oil trading; and the Manufacturing segment that includes the manufacturing and marketing of lubricating oils and greases. The majority of its revenue is derived from the manufacturing segment. It also derives revenue from interest on bank deposits and other financial assets and income from rental.

GP Petroleums (BOM:532543) Headlines

No Headlines