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Galp Energia SGPS (CHIX:GALPU) Cyclically Adjusted Book per Share : €6.13 (As of Mar. 2025)


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What is Galp Energia SGPS 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.

Galp Energia SGPS's adjusted book value per share for the three months ended in Mar. 2025 was €6.387. 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 €6.13 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Galp Energia SGPS's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Galp Energia SGPS was 3.10% per year. The lowest was 0.50% per year. And the median was 1.80% per year.

As of today (2025-05-31), Galp Energia SGPS's current stock price is €14.075. Galp Energia SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €6.13. Galp Energia SGPS's Cyclically Adjusted PB Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Galp Energia SGPS was 3.45. The lowest was 1.25. And the median was 2.32.


Galp Energia SGPS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS Cyclically Adjusted Book per Share Chart

Galp Energia SGPS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.84 6.01 6.20 6.07 6.41

Galp Energia SGPS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.04 5.90 5.94 6.41 6.13

Competitive Comparison of Galp Energia SGPS's Cyclically Adjusted Book per Share

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.


Galp Energia SGPS's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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Galp Energia SGPS 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, Galp Energia SGPS's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.387/122.6242*122.6242
=6.387

Current CPI (Mar. 2025) = 122.6242.

Galp Energia SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.255 100.769 7.612
201509 5.778 100.489 7.051
201512 5.511 100.119 6.750
201603 5.733 100.547 6.992
201606 5.922 101.319 7.167
201609 5.745 101.122 6.967
201612 5.752 100.998 6.984
201703 6.310 101.924 7.592
201706 5.762 102.240 6.911
201709 5.584 102.527 6.679
201712 5.368 102.479 6.423
201803 5.370 102.626 6.416
201806 5.507 103.790 6.506
201809 5.462 103.960 6.443
201812 5.679 103.159 6.751
201903 5.748 103.495 6.810
201906 5.684 104.192 6.690
201909 5.489 103.844 6.482
201912 5.472 103.592 6.477
202003 5.244 103.544 6.210
202006 4.552 104.323 5.351
202009 4.191 103.699 4.956
202012 3.912 103.354 4.641
202103 4.359 104.014 5.139
202106 4.052 104.852 4.739
202109 3.537 105.232 4.122
202112 3.778 106.191 4.363
202203 3.887 109.559 4.351
202206 4.864 114.003 5.232
202209 5.272 114.999 5.622
202212 5.241 116.377 5.522
202303 5.504 117.701 5.734
202306 5.339 117.872 5.554
202309 5.832 119.111 6.004
202312 5.855 118.032 6.083
202403 6.361 120.396 6.479
202406 6.446 121.165 6.524
202409 5.965 121.574 6.017
202412 6.250 121.585 6.303
202503 6.387 122.624 6.387

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


Galp Energia SGPS  (CHIX:GALPu) 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.

Galp Energia SGPS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.075/6.13
=2.30

* 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 Galp Energia SGPS was 3.45. The lowest was 1.25. And the median was 2.32.


Be Aware

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


Galp Energia SGPS Cyclically Adjusted Book per Share Related Terms

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


Galp Energia SGPS Business Description

Industry
Address
Avenida da India, Lisboa, PRT, 1349-065
Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables, and New Businesses. The Upstream segment involves, management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New Businesses segment represents Galp's presence in the renewable and new energies space.

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