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InterOil Exploration and Production ASA (OSL:IOX) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is InterOil Exploration and Production ASA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


InterOil Exploration and Production ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for InterOil Exploration and Production ASA'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.

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InterOil Exploration and Production ASA Cyclically Adjusted PB Ratio Chart

InterOil Exploration and Production ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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InterOil Exploration and Production ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of InterOil Exploration and Production ASA's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, InterOil Exploration and Production ASA'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.


InterOil Exploration and Production ASA's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where InterOil Exploration and Production ASA's Cyclically Adjusted PB Ratio falls into.



InterOil Exploration and Production ASA 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.

InterOil Exploration and Production ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, InterOil Exploration and Production ASA'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)
=-8.387/132.6000*132.6000
=-8.387

Current CPI (Mar. 2024) = 132.6000.

InterOil Exploration and Production ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 -24.683 97.500 -33.569
201409 -23.687 98.500 -31.887
201412 -26.708 98.600 -35.918
201503 48.056 99.200 64.236
201506 17.624 100.100 23.346
201509 18.577 100.600 24.486
201512 5.081 100.900 6.677
201603 3.900 102.500 5.045
201606 4.285 103.800 5.474
201609 3.265 104.200 4.155
201612 -1.277 104.400 -1.622
201703 -3.085 105.000 -3.896
201706 -6.108 105.800 -7.655
201709 -7.782 105.900 -9.744
201712 -8.556 106.100 -10.693
201803 -8.328 107.300 -10.292
201806 -8.594 108.500 -10.503
201809 -9.726 109.500 -11.778
201812 -18.437 109.800 -22.265
201903 -15.336 110.400 -18.420
201906 -6.368 110.600 -7.635
201909 -7.870 111.100 -9.393
201912 -9.579 111.300 -11.412
202003 4.988 111.200 5.948
202006 3.757 112.100 4.444
202009 0.976 112.900 1.146
202012 -3.340 112.900 -3.923
202103 -3.554 114.600 -4.112
202106 -1.490 115.300 -1.714
202109 -1.463 117.500 -1.651
202112 -2.072 118.900 -2.311
202203 -1.980 119.800 -2.192
202206 -1.610 122.600 -1.741
202209 -0.138 125.600 -0.146
202212 -1.496 125.900 -1.576
202303 -2.220 127.600 -2.307
202306 -3.684 130.400 -3.746
202309 -4.410 129.800 -4.505
202312 -8.791 131.900 -8.838
202403 -8.387 132.600 -8.387

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.


InterOil Exploration and Production ASA  (OSL:IOX) 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.


InterOil Exploration and Production ASA Cyclically Adjusted PB Ratio Related Terms

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InterOil Exploration and Production ASA (OSL:IOX) Business Description

Traded in Other Exchanges
Address
c/o Advokatfirmaet Schjodt AS, Ruselokkveien 14, Oslo, NOR, 0251
InterOil Exploration and Production ASA is an upstream oil exploration and production company. It is engaged in the exploration, development, production, purchase, and sale of oil and natural gas deposits. The group has a reportable segment namely Colombia and Argentina, which consists of upstream activities including oil and natural gas exploration, field development, and production from its licenses in Colombia, which is the group's strategic business unit. The operations of the firm are carried out in Colombia, Norway and Argentina.

InterOil Exploration and Production ASA (OSL:IOX) Headlines

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