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SNGN Romgaz (BSE:SNG) Cyclically Adjusted Book per Share : lei28.04 (As of Sep. 2023)


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What is SNGN Romgaz Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

SNGN Romgaz's adjusted book value per share for the three months ended in Sep. 2023 was lei28.351. 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 lei28.04 for the trailing ten years ended in Sep. 2023.

During the past 12 months, SNGN Romgaz's average Cyclically Adjusted Book Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-16), SNGN Romgaz's current stock price is lei53.90. SNGN Romgaz's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was lei28.04. SNGN Romgaz's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SNGN Romgaz was 2.00. The lowest was 1.38. And the median was 1.59.


SNGN Romgaz Cyclically Adjusted Book per Share Historical Data

The historical data trend for SNGN Romgaz's Cyclically Adjusted Book per Share 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.

SNGN Romgaz Cyclically Adjusted Book per Share Chart

SNGN Romgaz Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 27.01

SNGN Romgaz Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Book per Share 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 27.15 27.01 27.50 27.78 28.04

Competitive Comparison of SNGN Romgaz's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.


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

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

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



SNGN Romgaz Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, SNGN Romgaz's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=28.351/129.8595*129.8595
=28.351

Current CPI (Sep. 2023) = 129.8595.

SNGN Romgaz Quarterly Data

Book Value per Share CPI Adj_Book
201312 24.111 98.326 31.844
201403 25.689 99.695 33.462
201406 23.800 100.560 30.735
201409 24.431 100.428 31.591
201412 25.198 99.070 33.029
201503 26.659 99.621 34.751
201506 24.037 100.684 31.002
201509 24.579 100.392 31.794
201512 25.147 99.792 32.724
201603 26.417 100.470 34.144
201606 24.043 101.688 30.704
201609 24.299 101.861 30.978
201612 24.305 101.863 30.985
201703 26.574 102.862 33.549
201706 23.537 103.349 29.575
201709 24.358 104.136 30.375
201712 23.287 104.011 29.074
201803 25.410 105.290 31.340
201806 20.369 106.317 24.879
201809 20.963 106.507 25.559
201812 19.897 105.998 24.376
201903 21.303 107.251 25.794
201906 18.259 108.070 21.941
201909 18.801 108.329 22.538
201912 18.614 108.420 22.295
202003 20.097 108.902 23.965
202006 19.081 108.767 22.781
202009 19.447 109.815 22.997
202012 20.204 109.897 23.874
202103 21.408 111.754 24.876
202106 20.390 114.631 23.099
202109 21.415 115.734 24.029
202112 23.302 117.630 25.725
202203 25.844 121.301 27.667
202206 24.068 125.017 25.000
202209 25.396 125.227 26.336
202212 26.144 125.222 27.112
202303 28.661 127.348 29.226
202306 27.098 128.729 27.336
202309 28.351 129.860 28.351

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


SNGN Romgaz  (BSE:SNG) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

SNGN Romgaz's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.90/28.04
=1.92

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SNGN Romgaz was 2.00. The lowest was 1.38. And the median was 1.59.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


SNGN Romgaz Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of SNGN Romgaz's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SNGN Romgaz (BSE:SNG) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SNGN Romgaz SA (BSE:SNG) » Definitions » Cyclically Adjusted Book per Share
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Address
4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130
SNGN Romgaz SA acts as a natural gas producer and the main supplier in Romania. It holds interests in nearly 8 onshore exploration blocks located across Transylvania, Moldova, Oltenia, and Muntenia basins. The company operates through seven segments: Natural gas exploration & production, UGS activity, Natural gas supply, Special operations & services, Maintenance & transportation services, Electricity generation & supply, and Natural gas supply.

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