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ShaMaran Petroleum (FRA:3B8) Cyclically Adjusted Book per Share : €0.07 (As of Mar. 2024)


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What is ShaMaran Petroleum 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.

ShaMaran Petroleum's adjusted book value per share for the three months ended in Mar. 2024 was €0.045. 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 €0.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ShaMaran Petroleum's average Cyclically Adjusted Book Growth Rate was -23.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.60% 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 ShaMaran Petroleum was 10.10% per year. The lowest was -12.60% per year. And the median was -10.75% per year.

As of today (2024-05-19), ShaMaran Petroleum's current stock price is €0.0407. ShaMaran Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.07. ShaMaran Petroleum's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ShaMaran Petroleum was 0.66. The lowest was 0.10. And the median was 0.29.


ShaMaran Petroleum Cyclically Adjusted Book per Share Historical Data

The historical data trend for ShaMaran Petroleum'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.

ShaMaran Petroleum Cyclically Adjusted Book per Share Chart

ShaMaran Petroleum 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 0.15 0.08 0.09 0.12 0.06

ShaMaran Petroleum 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 0.14 0.08 0.10 0.06 0.07

Competitive Comparison of ShaMaran Petroleum's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, ShaMaran Petroleum'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.


ShaMaran Petroleum's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



ShaMaran Petroleum 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, ShaMaran Petroleum'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)
=0.045/126.2576*126.2576
=0.045

Current CPI (Mar. 2024) = 126.2576.

ShaMaran Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.274 99.473 0.348
201409 0.288 99.394 0.366
201412 0.300 98.367 0.385
201503 0.206 99.789 0.261
201506 0.198 100.500 0.249
201509 0.197 100.421 0.248
201512 0.070 99.947 0.088
201603 0.067 101.054 0.084
201606 0.065 102.002 0.080
201609 0.064 101.765 0.079
201612 0.067 101.449 0.083
201703 0.065 102.634 0.080
201706 0.061 103.029 0.075
201709 0.056 103.345 0.068
201712 0.055 103.345 0.067
201803 0.056 105.004 0.067
201806 0.061 105.557 0.073
201809 0.061 105.636 0.073
201812 0.058 105.399 0.069
201903 0.056 106.979 0.066
201906 0.054 107.690 0.063
201909 0.055 107.611 0.065
201912 0.055 107.769 0.064
202003 0.007 107.927 0.008
202006 0.001 108.401 0.001
202009 0.002 108.164 0.002
202012 0.001 108.559 0.001
202103 0.002 110.298 0.002
202106 0.005 111.720 0.006
202109 0.005 112.905 0.006
202112 0.007 113.774 0.008
202203 0.013 117.646 0.014
202206 0.028 120.806 0.029
202209 0.054 120.648 0.057
202212 0.055 120.964 0.057
202303 0.058 122.702 0.060
202306 0.048 124.203 0.049
202309 0.046 125.230 0.046
202312 0.045 125.072 0.045
202403 0.045 126.258 0.045

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


ShaMaran Petroleum  (FRA:3B8) 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.

ShaMaran Petroleum's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0407/0.07
=0.58

* 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 ShaMaran Petroleum was 0.66. The lowest was 0.10. And the median was 0.29.


Be Aware

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


ShaMaran Petroleum Cyclically Adjusted Book per Share Related Terms

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


ShaMaran Petroleum (FRA:3B8) Business Description

Industry
Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
ShaMaran Petroleum Corp is an oil development and exploration company. It is engaged in the business of developing and producing oil and gas. Along with its subsidiary, the company has an interest in the Atrush block, Kurdistan Region of Iraq. In addition, the group holds a participating interest in the Sarsang block of the Kurdistan region.

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