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HF Sinclair (FRA:HL80) Cyclically Adjusted PB Ratio : 0.96 (As of Oct. 31, 2024)


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What is HF Sinclair Cyclically Adjusted PB Ratio?

As of today (2024-10-31), HF Sinclair's current share price is €37.20. HF Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €38.89. HF Sinclair's Cyclically Adjusted PB Ratio for today is 0.96.

The historical rank and industry rank for HF Sinclair's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:HL80' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.45   Max: 3.63
Current: 0.98

During the past years, HF Sinclair's highest Cyclically Adjusted PB Ratio was 3.63. The lowest was 0.57. And the median was 1.45.

FRA:HL80's Cyclically Adjusted PB Ratio is ranked worse than
51.09% of 779 companies
in the Oil & Gas industry
Industry Median: 0.96 vs FRA:HL80: 0.98

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.

HF Sinclair's adjusted book value per share data for the three months ended in Jun. 2024 was €48.150. 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 €38.89 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HF Sinclair Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HF Sinclair's Cyclically Adjusted PB Ratio 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.

HF Sinclair Cyclically Adjusted PB Ratio Chart

HF Sinclair Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 0.83 0.94 1.37 1.38

HF Sinclair Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted PB Ratio 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 1.13 1.42 1.38 1.46 1.28

Competitive Comparison of HF Sinclair's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


HF Sinclair's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



HF Sinclair Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

HF Sinclair's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.20/38.89
=0.96

* 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.

HF Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, HF Sinclair's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=48.15/132.5538*132.5538
=48.150

Current CPI (Jun. 2024) = 132.5538.

HF Sinclair Quarterly Data

Book Value per Share CPI Adj_Book
201409 23.629 100.428 31.188
201412 22.845 99.070 30.566
201503 26.703 99.621 35.530
201506 26.475 100.684 34.855
201509 27.072 100.392 35.745
201512 26.758 99.792 35.543
201603 25.878 100.470 34.142
201606 23.376 101.688 30.471
201609 23.533 101.861 30.624
201612 25.024 101.863 32.564
201703 24.216 102.862 31.206
201706 23.163 103.349 29.708
201709 22.948 104.136 29.210
201712 25.581 104.011 32.601
201803 25.606 105.290 32.237
201806 28.354 106.317 35.351
201809 29.535 106.507 36.758
201812 30.225 105.998 37.797
201903 31.427 107.251 38.841
201906 32.078 108.070 39.346
201909 33.771 108.329 41.323
201912 33.244 108.420 40.644
202003 31.274 108.902 38.066
202006 29.523 108.767 35.979
202009 27.963 109.815 33.753
202012 26.158 109.897 31.551
202103 27.195 111.754 32.256
202106 27.806 114.631 32.153
202109 29.957 115.734 34.311
202112 30.882 117.630 34.800
202203 33.013 121.301 36.076
202206 39.081 125.017 41.437
202209 45.149 125.227 47.791
202212 44.277 125.222 46.870
202303 45.026 127.348 46.867
202306 46.598 128.729 47.983
202309 50.849 129.860 51.904
202312 46.626 129.419 47.755
202403 47.636 131.776 47.917
202406 48.150 132.554 48.150

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


HF Sinclair  (FRA:HL80) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


HF Sinclair Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of HF Sinclair's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HF Sinclair Business Description

Industry
Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also owns and operates 4,400 miles of petroleum product pipelines and terminals principally in the southwestern United States.

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