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Delek Group (Delek Group) Cyclically Adjusted PB Ratio : 1.06 (As of Apr. 29, 2024)


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What is Delek Group Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Delek Group's current share price is $122.60. Delek Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $115.32. Delek Group's Cyclically Adjusted PB Ratio for today is 1.06.

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

DLKGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.09   Max: 1.72
Current: 1.06

During the past years, Delek Group's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.14. And the median was 1.09.

DLKGF's Cyclically Adjusted PB Ratio is ranked worse than
52.16% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs DLKGF: 1.06

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 $134.447. 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 $115.32 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
=122.60/115.32
=1.06

* 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)
=134.447/129.4194*129.4194
=134.447

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 117.134 99.070 153.018
201503 118.710 99.621 154.218
201506 105.475 100.684 135.578
201509 103.976 100.392 134.040
201512 102.811 99.792 133.334
201603 95.416 100.470 122.909
201606 98.452 101.688 125.301
201609 97.954 101.861 124.455
201612 106.197 101.863 134.926
201703 98.391 102.862 123.794
201706 89.848 103.349 112.513
201709 110.805 104.136 137.708
201712 98.759 104.011 122.884
201803 107.997 105.290 132.747
201806 113.219 106.317 137.821
201809 112.223 106.507 136.365
201812 110.487 105.998 134.900
201903 109.574 107.251 132.223
201906 107.972 108.070 129.303
201909 107.517 108.329 128.449
201912 93.630 108.420 111.765
202003 51.267 108.902 60.926
202006 23.988 108.767 28.543
202009 24.968 109.815 29.425
202012 32.884 109.897 38.726
202103 36.367 111.754 42.116
202106 33.726 114.631 38.077
202109 27.036 115.734 30.233
202112 37.203 117.630 40.932
202203 64.485 121.301 68.801
202206 118.595 125.017 122.771
202209 127.755 125.227 132.033
202212 125.770 125.222 129.986
202303 132.400 127.348 134.554
202306 136.210 128.729 136.941
202309 143.120 129.860 142.635
202312 134.447 129.419 134.447

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  (OTCPK:DLKGF) 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 (Delek Group) 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.