GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gazprom PJSC (BUE:OGZD LI) » Definitions » Cyclically Adjusted Book per Share

Gazprom PJSC (BUE:OGZD LI) Cyclically Adjusted Book per Share : ARS1,555.78 (As of Jun. 2023)


View and export this data going back to . Start your Free Trial

What is Gazprom PJSC 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.

Gazprom PJSC's adjusted book value per share for the three months ended in Jun. 2023 was ARS2,024.122. 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 ARS1,555.78 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Gazprom PJSC's average Cyclically Adjusted Book Growth Rate was 18.40% 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 (2024-05-23), Gazprom PJSC's current stock price is ARS348.00. Gazprom PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was ARS1,555.78. Gazprom PJSC's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gazprom PJSC was 0.58. The lowest was 0.21. And the median was 0.33.


Gazprom PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gazprom PJSC'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.

Gazprom PJSC Cyclically Adjusted Book per Share Chart

Gazprom PJSC 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 - - 1,088.99 1,712.08 1,554.74

Gazprom PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 1,683.13 1,712.08 - 1,554.74 1,555.78

Competitive Comparison of Gazprom PJSC's Cyclically Adjusted Book per Share

For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.


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

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

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



Gazprom PJSC 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, Gazprom PJSC's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=2024.122/238.3000*238.3000
=2,024.122

Current CPI (Jun. 2023) = 238.3000.

Gazprom PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201212 55.722 117.300 113.202
201303 61.098 119.500 121.838
201306 0.000 121.400 0.000
201309 69.750 122.800 135.354
201312 78.656 124.900 150.070
201403 92.925 127.800 173.271
201406 0.000 130.900 0.000
201409 90.803 132.700 163.062
201412 64.591 139.000 110.734
201503 67.693 149.400 107.974
201506 72.541 150.900 114.556
201509 65.181 153.500 101.190
201512 81.458 157.000 123.640
201603 101.939 160.200 151.636
201606 103.103 162.200 151.476
201609 110.859 163.300 161.774
201612 126.852 165.400 182.762
201703 140.456 167.000 200.423
201706 141.204 169.200 198.871
201709 156.251 168.200 221.371
201712 174.323 169.600 244.936
201803 191.265 171.000 266.541
201806 220.142 173.100 303.061
201809 326.752 173.900 447.757
201812 326.386 176.800 439.920
201903 371.639 179.900 492.282
201906 435.036 181.200 572.125
201909 445.545 180.800 587.242
201912 575.384 182.200 752.547
202003 466.599 184.500 602.659
202006 570.453 187.000 726.946
202009 548.501 187.400 697.480
202012 657.569 191.100 819.983
202103 744.098 195.200 908.394
202106 820.800 199.100 982.404
202109 891.658 201.300 1,055.549
202112 938.821 207.200 1,079.735
202206 0.000 230.800 0.000
202212 1,824.673 231.900 1,875.031
202306 2,024.122 238.300 2,024.122

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


Gazprom PJSC  (BUE:OGZD LI) 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.

Gazprom PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=348.00/1555.78
=0.22

* 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 Gazprom PJSC was 0.58. The lowest was 0.21. And the median was 0.33.


Be Aware

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


Gazprom PJSC Cyclically Adjusted Book per Share Related Terms

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


Gazprom PJSC (BUE:OGZD LI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gazprom PJSC (BUE:OGZD LI) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.

Gazprom PJSC (BUE:OGZD LI) Headlines

No Headlines