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EOG Resources (BSP:E1OG34) Cyclically Adjusted Book per Share : R$97.74 (As of Mar. 2024)


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What is EOG Resources 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.

EOG Resources's adjusted book value per share for the three months ended in Mar. 2024 was R$124.082. 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 R$97.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EOG Resources's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 EOG Resources was 25.00% per year. The lowest was 6.40% per year. And the median was 12.50% per year.

As of today (2024-05-25), EOG Resources's current stock price is R$324.16. EOG Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$97.74. EOG Resources's Cyclically Adjusted PB Ratio of today is 3.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EOG Resources was 6.37. The lowest was 1.14. And the median was 3.54.


EOG Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for EOG Resources'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.

EOG Resources Cyclically Adjusted Book per Share Chart

EOG Resources 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 - 79.91 96.89 93.94 96.16

EOG Resources 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 94.22 91.05 99.02 96.16 97.74

Competitive Comparison of EOG Resources's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, EOG 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.


EOG Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



EOG Resources 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, EOG Resources'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)
=124.082/131.7762*131.7762
=124.082

Current CPI (Mar. 2024) = 131.7762.

EOG Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 34.123 100.560 44.716
201409 37.806 100.428 49.607
201412 42.673 99.070 56.761
201503 49.999 99.621 66.137
201506 49.375 100.684 64.623
201509 47.166 100.392 61.911
201512 45.675 99.792 60.314
201603 41.691 100.470 54.682
201606 37.480 101.688 48.570
201609 34.815 101.861 45.040
201612 40.657 101.863 52.597
201703 37.730 102.862 48.336
201706 39.671 103.349 50.583
201709 37.717 104.136 47.728
201712 46.375 104.011 58.755
201803 47.701 105.290 59.701
201806 56.815 106.317 70.420
201809 65.682 106.507 81.266
201812 64.824 105.998 80.589
201903 65.865 107.251 80.927
201906 68.499 108.070 83.525
201909 74.790 108.329 90.978
201912 76.321 108.420 92.762
202003 90.123 108.902 109.053
202006 90.837 108.767 110.053
202009 93.256 109.815 111.906
202012 89.490 109.897 107.307
202103 100.235 111.754 118.193
202106 89.919 114.631 103.368
202109 98.205 115.734 111.817
202112 107.153 117.630 120.040
202203 91.514 121.301 99.417
202206 96.088 125.017 101.283
202209 106.476 125.227 112.045
202212 110.581 125.222 116.369
202303 113.316 127.348 117.256
202306 109.445 128.729 112.036
202309 117.561 129.860 119.296
202312 118.476 129.419 120.634
202403 124.082 131.776 124.082

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


EOG Resources  (BSP:E1OG34) 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.

EOG Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=324.16/97.74
=3.32

* 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 EOG Resources was 6.37. The lowest was 1.14. And the median was 3.54.


Be Aware

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


EOG Resources Cyclically Adjusted Book per Share Related Terms

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


EOG Resources (BSP:E1OG34) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EOG Resources Inc (BSP:E1OG34) » Definitions » Cyclically Adjusted Book per Share
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1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2022, it reported net proved reserves of 4.2 billion barrels of oil equivalent. Net production averaged 908 thousand barrels of oil equivalent per day in 2022 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

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