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Deltic Energy (LSE:DELT) Cyclically Adjusted PB Ratio : 0.68 (As of May. 26, 2024)


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What is Deltic Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Deltic Energy's current share price is £0.135. Deltic Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was £0.20. Deltic Energy's Cyclically Adjusted PB Ratio for today is 0.68.

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

LSE:DELT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.97
Current: 0.68

During the past 12 years, Deltic Energy's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.00. And the median was 0.00.

LSE:DELT's Cyclically Adjusted PB Ratio is ranked better than
59.51% of 820 companies
in the Oil & Gas industry
Industry Median: 0.98 vs LSE:DELT: 0.68

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.

Deltic Energy's adjusted book value per share data of for the fiscal year that ended in Dec23 was £0.233. 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 £0.20 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deltic Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deltic Energy'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.

Deltic Energy Cyclically Adjusted PB Ratio Chart

Deltic Energy 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 - - 1.76 2.34 1.18

Deltic Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.76 - 2.34 - 1.18

Competitive Comparison of Deltic Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Deltic Energy'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.


Deltic Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Deltic Energy 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.

Deltic Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.135/0.2
=0.68

* 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.

Deltic Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Deltic Energy's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.233/130.5000*130.5000
=0.233

Current CPI (Dec23) = 130.5000.

Deltic Energy Annual Data

Book Value per Share CPI Adj_Book
201412 0.179 99.900 0.234
201512 0.143 100.400 0.186
201612 0.135 102.200 0.172
201712 0.087 105.000 0.108
201812 0.103 107.100 0.126
201912 0.212 108.500 0.255
202012 0.190 109.400 0.227
202112 0.165 114.700 0.188
202212 0.260 125.300 0.271
202312 0.233 130.500 0.233

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.


Deltic Energy  (LSE:DELT) 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.


Deltic Energy Cyclically Adjusted PB Ratio Related Terms

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


Deltic Energy (LSE:DELT) Business Description

Industry
Traded in Other Exchanges
Address
150 Waterloo Road, 1st Floor, London, GBR, SE1 8SB
Deltic Energy PLC is engaged in the exploration, evaluation, and development of mineral exploration targets, with a principal focus on the development of its gas and oil licenses in the Southern and Central North Sea.

Deltic Energy (LSE:DELT) Headlines

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