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Pakistan Oilfields (KAR:POL) Cyclically Adjusted Book per Share : ₨176.29 (As of Mar. 2024)


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What is Pakistan Oilfields 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.

Pakistan Oilfields's adjusted book value per share for the three months ended in Mar. 2024 was ₨279.202. 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 ₨176.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pakistan Oilfields's 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.

As of today (2024-05-16), Pakistan Oilfields's current stock price is ₨501.29. Pakistan Oilfields's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨176.29. Pakistan Oilfields's Cyclically Adjusted PB Ratio of today is 2.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pakistan Oilfields was 2.82. The lowest was 2.20. And the median was 2.54.


Pakistan Oilfields Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pakistan Oilfields'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.

Pakistan Oilfields Cyclically Adjusted Book per Share Chart

Pakistan Oilfields Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 142.86 157.63 167.98

Pakistan Oilfields 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 163.84 167.98 171.50 173.25 176.29

Competitive Comparison of Pakistan Oilfields's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Pakistan Oilfields'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.


Pakistan Oilfields's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Pakistan Oilfields 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, Pakistan Oilfields'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)
=279.202/129.4194*129.4194
=279.202

Current CPI (Mar. 2024) = 129.4194.

Pakistan Oilfields Quarterly Data

Book Value per Share CPI Adj_Book
201406 130.981 100.560 168.572
201409 117.537 100.428 151.468
201412 122.506 99.070 160.035
201503 116.969 99.621 151.956
201506 120.014 100.684 154.266
201509 103.477 100.392 133.397
201512 112.079 99.792 145.354
201603 107.079 100.470 137.932
201606 122.105 101.688 155.404
201609 113.474 101.861 144.174
201612 122.161 101.863 155.209
201703 119.545 102.862 150.409
201706 147.238 103.349 184.379
201709 123.116 104.136 153.008
201712 130.635 104.011 162.547
201803 127.006 105.290 156.113
201806 140.127 106.317 170.577
201809 158.234 106.507 192.275
201812 147.113 105.998 179.619
201903 138.529 107.251 167.163
201906 146.148 108.070 175.021
201909 129.820 108.329 155.094
201912 146.882 108.420 175.331
202003 145.210 108.902 172.569
202006 147.447 108.767 175.443
202009 130.497 109.815 153.794
202012 141.212 109.897 166.298
202103 131.774 111.754 152.603
202106 162.927 114.631 183.945
202109 137.978 115.734 154.293
202112 163.675 117.630 180.080
202203 167.502 121.301 178.713
202206 195.428 125.017 202.310
202209 175.311 125.227 181.181
202212 196.538 125.222 203.126
202303 234.300 127.348 238.111
202306 257.250 128.729 258.630
202309 232.458 129.860 231.670
202312 260.313 129.419 260.313
202403 279.202 129.419 279.202

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


Pakistan Oilfields  (KAR:POL) 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.

Pakistan Oilfields's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=501.29/176.29
=2.84

* 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 Pakistan Oilfields was 2.82. The lowest was 2.20. And the median was 2.54.


Be Aware

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


Pakistan Oilfields Cyclically Adjusted Book per Share Related Terms

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


Pakistan Oilfields (KAR:POL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O.L. House, Morgah, Rawalpindi, PB, PAK
Pakistan Oilfields Ltd (POL) is principally engaged in the exploration, drilling, and production of crude oil and gas. It also manufactures LPG (Liquified Petrolium Gas), solvent oil and sulphur. It markets LPG under its own brand named POLGAS as well as through its subsidiary. The company generates the highest revenues from the sale of crude oil.

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