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Delek Group (XTAE:DLEKG) Cyclically Adjusted PB Ratio : 1.01 (As of May. 28, 2024)


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What is Delek Group Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Delek Group's current share price is ₪424.40. Delek Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₪420.96. Delek Group's Cyclically Adjusted PB Ratio for today is 1.01.

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

XTAE:DLEKG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.08   Max: 1.72
Current: 0.96

During the past years, Delek Group's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.14. And the median was 1.08.

XTAE:DLEKG's Cyclically Adjusted PB Ratio is ranked better than
51.1% of 818 companies
in the Oil & Gas industry
Industry Median: 0.98 vs XTAE:DLEKG: 0.96

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.

Delek Group's adjusted book value per share data for the three months ended in Dec. 2023 was ₪514.597. 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 ₪420.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delek Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Delek Group'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.

Delek Group Cyclically Adjusted PB Ratio Chart

Delek Group 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 1.31 0.25 0.64 0.93 1.10

Delek Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.93 0.94 1.00 1.33 1.10

Competitive Comparison of Delek Group's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Delek Group'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.


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

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

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



Delek Group 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.

Delek Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=424.40/420.96
=1.01

* 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.

Delek Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Delek Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=514.597/129.4194*129.4194
=514.597

Current CPI (Dec. 2023) = 129.4194.

Delek Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 448.331 99.070 585.676
201503 454.361 99.621 590.268
201506 403.705 100.684 518.924
201509 397.966 100.392 513.037
201512 393.510 99.792 510.338
201603 365.203 100.470 470.431
201606 376.823 101.688 479.586
201609 374.917 101.861 476.350
201612 406.469 101.863 516.430
201703 376.592 102.862 473.821
201706 343.895 103.349 430.644
201709 424.107 104.136 527.079
201712 378.000 104.011 470.340
201803 413.357 105.290 508.089
201806 433.346 106.317 527.512
201809 429.531 106.507 521.936
201812 422.888 105.998 516.330
201903 419.396 107.251 506.086
201906 413.263 108.070 494.906
201909 411.522 108.329 491.639
201912 358.369 108.420 427.780
202003 196.223 108.902 233.193
202006 91.814 108.767 109.247
202009 95.564 109.815 112.624
202012 125.865 109.897 148.224
202103 139.193 111.754 161.195
202106 129.087 114.631 145.740
202109 103.481 115.734 115.717
202112 142.392 117.630 156.664
202203 246.817 121.301 263.336
202206 453.922 125.017 469.907
202209 488.980 125.227 505.352
202212 481.385 125.222 497.522
202303 506.760 127.348 515.004
202306 521.344 128.729 524.141
202309 547.790 129.860 545.934
202312 514.597 129.419 514.597

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.


Delek Group  (XTAE:DLEKG) 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.


Delek Group Cyclically Adjusted PB Ratio Related Terms

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


Delek Group (XTAE:DLEKG) Business Description

Industry
Traded in Other Exchanges
Address
19 Abba Eban Boulevard, P.O. Box 2054, Herzliya, ISR, 4612001
Delek Group Ltd operates in the oil and natural gas exploration, development, production and marketing sector in Israel and abroad. through investees. The operating segments of the company are, 1) Energy in Israel segment includes the development, production and sale of natural gas in the existing oil assets of the Partnership, and oil and natural gas exploration in the Mediterranean Sea, 2) the Foreign energy segment includes projects of the UK continental shelf in the North sea region through Ithaca Energy plc which is controlled indirectly by the company and 3) additional operations. The company operates primarily in Israel and North Sea region.

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