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Woodside Energy Group (Woodside Energy Group) Cyclically Adjusted PB Ratio : 0.95 (As of Apr. 27, 2024)


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What is Woodside Energy Group Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Woodside Energy Group's current share price is $17.95. Woodside Energy Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $18.80. Woodside Energy Group's Cyclically Adjusted PB Ratio for today is 0.95.

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

WOPEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.61   Max: 3.69
Current: 1.04

During the past 13 years, Woodside Energy Group's highest Cyclically Adjusted PB Ratio was 3.69. The lowest was 0.70. And the median was 1.61.

WOPEF's Cyclically Adjusted PB Ratio is ranked worse than
52.16% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs WOPEF: 1.04

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.

Woodside Energy Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was $18.117. 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 $18.80 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Woodside Energy Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Woodside Energy 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.

Woodside Energy Group Cyclically Adjusted PB Ratio Chart

Woodside Energy 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 1.51 0.99 0.92 1.35 1.15

Woodside Energy Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.92 - 1.35 - 1.15

Competitive Comparison of Woodside Energy Group's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Woodside Energy 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.


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

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

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



Woodside Energy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.95/18.8
=0.95

* 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.

Woodside Energy Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Woodside Energy Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=18.117/125.6559*125.6559
=18.117

Current CPI (Dec23) = 125.6559.

Woodside Energy Group Annual Data

Book Value per Share CPI Adj_Book
201412 18.954 99.002 24.057
201512 17.040 100.673 21.269
201612 17.383 102.159 21.381
201712 17.630 104.110 21.279
201812 18.682 105.967 22.153
201912 17.635 107.917 20.534
202012 12.549 108.846 14.487
202112 13.864 112.654 15.464
202212 19.137 121.477 19.795
202312 18.117 125.656 18.117

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.


Woodside Energy Group  (OTCPK:WOPEF) 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.


Woodside Energy Group Cyclically Adjusted PB Ratio Related Terms

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


Woodside Energy Group (Woodside Energy Group) Business Description

Traded in Other Exchanges
Address
11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.

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