GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gazprom Neft PJSC (XTER:SCF) » Definitions » Cyclically Adjusted Book per Share

Gazprom Neft PJSC (XTER:SCF) Cyclically Adjusted Book per Share : €10.98 (As of Jun. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Gazprom Neft PJSC 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.

Gazprom Neft PJSC's adjusted book value per share for the three months ended in Jun. 2023 was €35.794. 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 €10.98 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Gazprom Neft PJSC's average Cyclically Adjusted Book Growth Rate was 26.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 Gazprom Neft PJSC was 12.90% per year. The lowest was 11.70% per year. And the median was 12.20% per year.

As of today (2024-06-06), Gazprom Neft PJSC's current stock price is €12.52. Gazprom Neft PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €10.98. Gazprom Neft PJSC's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gazprom Neft PJSC was 1.97. The lowest was 0.74. And the median was 1.13.


Gazprom Neft PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gazprom Neft PJSC'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.

Gazprom Neft PJSC Cyclically Adjusted Book per Share Chart

Gazprom Neft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.27 9.94 9.01 13.42 9.03

Gazprom Neft PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 10.57 9.96 9.03 - 10.98

Competitive Comparison of Gazprom Neft PJSC's Cyclically Adjusted Book per Share

For the Oil & Gas Integrated subindustry, Gazprom Neft PJSC'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.


Gazprom Neft PJSC's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gazprom Neft PJSC's Cyclically Adjusted PB Ratio falls into.



Gazprom Neft PJSC 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, Gazprom Neft PJSC's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=35.794/238.3000*238.3000
=35.794

Current CPI (Jun. 2023) = 238.3000.

Gazprom Neft PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201209 20.871 115.700 42.987
201212 22.003 117.300 44.700
201303 22.906 119.500 45.678
201306 21.230 121.400 41.673
201309 22.243 122.800 43.164
201312 22.549 124.900 43.022
201403 21.382 127.800 39.870
201406 23.442 130.900 42.676
201409 21.803 132.700 39.153
201412 16.195 139.000 27.765
201503 18.631 149.400 29.717
201506 19.724 150.900 31.148
201509 16.735 153.500 25.980
201512 15.297 157.000 23.218
201603 17.000 160.200 25.288
201606 18.433 162.200 27.081
201609 19.631 163.300 28.647
201612 22.644 165.400 32.624
201703 25.242 167.000 36.019
201706 22.864 169.200 32.201
201709 23.382 168.200 33.127
201712 24.160 169.600 33.947
201803 24.485 171.000 34.121
201806 24.865 173.100 34.231
201809 25.752 173.900 35.289
201812 24.656 176.800 33.233
201903 27.432 179.900 36.337
201906 29.286 181.200 38.515
201909 30.819 180.800 40.620
201912 31.662 182.200 41.411
202003 25.030 184.500 32.329
202006 26.697 187.000 34.021
202009 23.179 187.400 29.475
202012 24.369 191.100 30.388
202103 25.426 195.200 31.040
202106 26.844 199.100 32.129
202109 29.365 201.300 34.762
202112 29.786 207.200 34.257
202206 0.000 230.800 0.000
202306 35.794 238.300 35.794

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


Gazprom Neft PJSC  (XTER:SCF) 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.

Gazprom Neft PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.52/10.98
=1.14

* 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 Gazprom Neft PJSC was 1.97. The lowest was 0.74. And the median was 1.13.


Be Aware

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


Gazprom Neft PJSC Cyclically Adjusted Book per Share Related Terms

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


Gazprom Neft PJSC (XTER:SCF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gazprom Neft PJSC (XTER:SCF) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.

Gazprom Neft PJSC (XTER:SCF) Headlines

No Headlines