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Isramco (Isramco) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Isramco Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Isramco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Isramco'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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Isramco Cyclically Adjusted PB Ratio Chart

Isramco Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Isramco Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Isramco's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Isramco'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.


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

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

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



Isramco 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.

Isramco's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Isramco's adjusted Book Value per Share data for the three months ended in Jun. 2019 was:

Adj_Book=Book Value per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=2.568/108.0695*108.0695
=2.568

Current CPI (Jun. 2019) = 108.0695.

Isramco Quarterly Data

Book Value per Share CPI Adj_Book
200909 6.745 91.120 8.000
200912 5.053 91.111 5.994
201003 5.733 91.821 6.748
201006 5.930 91.962 6.969
201009 0.000 92.162 0.000
201012 6.821 92.474 7.971
201103 5.137 94.283 5.888
201106 6.882 95.235 7.810
201109 8.186 95.727 9.241
201112 6.823 95.213 7.744
201203 6.561 96.783 7.326
201206 7.477 96.819 8.346
201209 7.078 97.633 7.835
201212 6.838 96.871 7.628
201303 6.651 98.209 7.319
201306 7.794 98.518 8.550
201309 9.201 98.790 10.065
201312 4.369 98.326 4.802
201403 6.085 99.695 6.596
201406 7.542 100.560 8.105
201409 9.839 100.428 10.588
201412 6.484 99.070 7.073
201503 7.148 99.621 7.754
201506 7.628 100.684 8.188
201509 3.953 100.392 4.255
201512 0.114 99.792 0.123
201603 0.302 100.470 0.325
201606 1.197 101.688 1.272
201609 2.438 101.861 2.587
201612 2.596 101.863 2.754
201703 3.762 102.862 3.952
201706 5.468 103.349 5.718
201709 6.747 104.136 7.002
201712 -6.349 104.011 -6.597
201803 -4.496 105.290 -4.615
201806 -2.764 106.317 -2.810
201809 -0.490 106.507 -0.497
201812 0.250 105.998 0.255
201903 1.733 107.251 1.746
201906 2.568 108.070 2.568

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.


Isramco  (NAS:ISRL) 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.


Isramco Cyclically Adjusted PB Ratio Related Terms

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Isramco (Isramco) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Isramco Inc (NAS:ISRL) » Definitions » Cyclically Adjusted PB Ratio
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Address
1001 West Loop South, Suite 750, Houston, TX, USA, 77027
Isramco Inc is an independent oil and natural gas company, engaged in the exploration, development, and production of predominately oil and natural gas properties located onshore in the United States and offshore Israel. The company operates through Oil and Gas Exploration and Production Segment, and Production services Segment. The Oil and Gas Exploration and Production Segment is engaged in the exploration and production of natural gas, crude oil, condensate and natural gas liquids and the Production services Segment is engaged in rig-based and workover services, well completion and recompletion services, plugging and abandonment of wells and other ancillary oilfield services. Geographically, the business of the group can be seen across the region of the United States and Israel.