GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Victoria Oil & Gas PLC (OTCPK:VCOGF) » Definitions » Cyclically Adjusted PB Ratio

Victoria Oil & Gas (Victoria Oil & Gas) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Victoria Oil & Gas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Victoria Oil & Gas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Victoria Oil & Gas'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.

Victoria Oil & Gas Cyclically Adjusted PB Ratio Chart

Victoria Oil & Gas Annual Data
Trend May11 May12 May13 May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Victoria Oil & Gas Semi-Annual Data
Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 - - - - -

Competitive Comparison of Victoria Oil & Gas's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Victoria Oil & Gas'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.


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

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

* The bar in red indicates where Victoria Oil & Gas's Cyclically Adjusted PB Ratio falls into.



Victoria Oil & Gas 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.

Victoria Oil & Gas's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Victoria Oil & Gas's adjusted Book Value per Share data for the fiscal year that ended in Dec20 was:

Adj_Book=Book Value per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=0.009/109.4000*109.4000
=0.009

Current CPI (Dec20) = 109.4000.

Victoria Oil & Gas Annual Data

Book Value per Share CPI Adj_Book
201105 3.181 93.500 3.722
201205 2.602 95.900 2.968
201305 2.380 98.200 2.651
201405 1.723 99.600 1.893
201505 1.174 100.100 1.283
201612 0.876 102.200 0.938
201712 0.961 105.000 1.001
201812 0.698 107.100 0.713
201912 0.049 108.500 0.049
202012 0.009 109.400 0.009

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.


Victoria Oil & Gas  (OTCPK:VCOGF) 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.


Victoria Oil & Gas Cyclically Adjusted PB Ratio Related Terms

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


Victoria Oil & Gas (Victoria Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY
Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

Victoria Oil & Gas (Victoria Oil & Gas) Headlines

No Headlines