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Southern Gas Trading JSC (HSTC:PGS) Cyclically Adjusted PB Ratio : 1.29 (As of Jun. 09, 2024)


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What is Southern Gas Trading JSC Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Southern Gas Trading JSC's current share price is ₫31200.00. Southern Gas Trading JSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₫24,134.80. Southern Gas Trading JSC's Cyclically Adjusted PB Ratio for today is 1.29.

The historical rank and industry rank for Southern Gas Trading JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

HSTC:PGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.12   Max: 1.39
Current: 1.29

During the past years, Southern Gas Trading JSC's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.80. And the median was 1.12.

HSTC:PGS's Cyclically Adjusted PB Ratio is ranked worse than
62.47% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs HSTC:PGS: 1.29

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.

Southern Gas Trading JSC's adjusted book value per share data for the three months ended in Sep. 2023 was ₫19,993.702. 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 ₫24,134.80 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Gas Trading JSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Southern Gas Trading JSC'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.

Southern Gas Trading JSC Cyclically Adjusted PB Ratio Chart

Southern Gas Trading JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.08 1.09

Southern Gas Trading JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.16 1.09 1.08 1.08 0.99

Competitive Comparison of Southern Gas Trading JSC's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Southern Gas Trading JSC'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.


Southern Gas Trading JSC's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Southern Gas Trading JSC's Cyclically Adjusted PB Ratio falls into.



Southern Gas Trading JSC 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.

Southern Gas Trading JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31200.00/24134.8
=1.29

* 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.

Southern Gas Trading JSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Southern Gas Trading JSC's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=19993.702/129.8595*129.8595
=19,993.702

Current CPI (Sep. 2023) = 129.8595.

Southern Gas Trading JSC Quarterly Data

Book Value per Share CPI Adj_Book
201312 23,729.598 98.326 31,339.797
201403 23,435.328 99.695 30,526.257
201406 23,734.046 100.560 30,649.430
201409 24,989.933 100.428 32,313.565
201412 24,779.345 99.070 32,480.500
201503 19,129.763 99.621 24,936.298
201506 18,453.189 100.684 23,800.448
201509 19,051.166 100.392 24,643.271
201512 16,168.911 99.792 21,040.547
201603 21,311.212 100.470 27,545.061
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 19,337.109 101.863 24,651.882
201703 0.000 102.862 0.000
201706 19,364.146 103.349 24,331.303
201709 19,855.483 104.136 24,760.246
201712 19,226.087 104.011 24,004.073
201803 19,490.368 105.290 24,038.574
201806 19,069.466 106.317 23,292.192
201809 19,592.014 106.507 23,887.785
201812 19,105.181 105.998 23,406.023
201903 19,306.896 107.251 23,376.897
201906 19,612.951 108.070 23,567.501
201909 19,407.638 108.329 23,264.840
201912 19,633.948 108.420 23,516.439
202003 19,161.850 108.902 22,849.532
202006 19,217.132 108.767 22,943.726
202009 19,092.646 109.815 22,577.642
202012 19,765.716 109.897 23,356.149
202103 19,809.950 111.754 23,019.319
202106 19,444.361 114.631 22,027.429
202109 19,836.248 115.734 22,257.233
202112 20,135.475 117.630 22,228.971
202203 20,784.968 121.301 22,251.470
202206 20,041.303 125.017 20,817.631
202209 20,435.980 125.227 21,192.049
202212 20,380.324 125.222 21,135.127
202303 20,924.609 127.348 21,337.308
202306 19,457.209 128.729 19,628.128
202309 19,993.702 129.860 19,993.702

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.


Southern Gas Trading JSC  (HSTC:PGS) 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.


Southern Gas Trading JSC Cyclically Adjusted PB Ratio Related Terms

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


Southern Gas Trading JSC (HSTC:PGS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No 1-5 Le Duan Street, 4th Floor, PetroVietnam Tower, Ben Nghe Ward, District 1, Ho Chi Minh City, VNM
Southern Gas Trading JSC is a Vietnam based company engaged in the trading activity of liquefied petroleum gas (LPG), gas products, materials, equipment and vehicles for LPG's transport, storage, vessels and trading. It offers residential LPG, industrial LPG, LPG cylinders and compressed natural gas. The company also offers services related to the gas industry such as design consultancy, supply of materials and equipment, construction, installation and technology transfer of delivery systems of LPG, CNG and LNG, using tubs, storage and filling stations and LPG cylinders.

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