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NG Energy International (FRA:56P) Cyclically Adjusted Book per Share : €16.31 (As of Mar. 2024)


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What is NG Energy International 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.

NG Energy International's adjusted book value per share for the three months ended in Mar. 2024 was €0.175. 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 €16.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NG Energy International's average Cyclically Adjusted Book Growth Rate was -37.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -28.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -22.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.70% 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 NG Energy International was 65.20% per year. The lowest was -28.00% per year. And the median was -4.30% per year.

As of today (2024-06-19), NG Energy International's current stock price is €0.692. NG Energy International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.31. NG Energy International's Cyclically Adjusted PB Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NG Energy International was 0.04. The lowest was 0.01. And the median was 0.02.


NG Energy International Cyclically Adjusted Book per Share Historical Data

The historical data trend for NG Energy International'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.

NG Energy International Cyclically Adjusted Book per Share Chart

NG Energy International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.48 48.33 37.65 28.13 18.35

NG Energy International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 26.59 24.61 22.93 18.35 16.31

Competitive Comparison of NG Energy International's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, NG Energy International'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.


NG Energy International's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



NG Energy International 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, NG Energy International's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.175/126.2576*126.2576
=0.175

Current CPI (Mar. 2024) = 126.2576.

NG Energy International Quarterly Data

Book Value per Share CPI Adj_Book
201406 68.891 99.473 87.441
201409 75.661 99.394 96.110
201412 76.461 98.367 98.140
201503 85.357 99.789 107.997
201506 82.138 100.500 103.189
201509 56.188 100.421 70.644
201512 46.994 99.947 59.365
201603 43.519 101.054 54.373
201606 3.014 102.002 3.731
201609 2.902 101.765 3.600
201612 2.998 101.449 3.731
201703 5.764 102.634 7.091
201706 1.460 103.029 1.789
201709 2.287 103.345 2.794
201712 2.270 103.345 2.773
201803 2.117 105.004 2.545
201806 1.369 105.557 1.637
201809 1.318 105.636 1.575
201812 0.163 105.399 0.195
201903 0.135 106.979 0.159
201906 0.276 107.690 0.324
201909 0.215 107.611 0.252
201912 0.037 107.769 0.043
202003 0.076 107.927 0.089
202006 0.076 108.401 0.089
202009 0.047 108.164 0.055
202012 0.061 108.559 0.071
202103 0.105 110.298 0.120
202106 0.097 111.720 0.110
202109 0.094 112.905 0.105
202112 0.123 113.774 0.136
202203 0.122 117.646 0.131
202206 0.134 120.806 0.140
202209 0.132 120.648 0.138
202212 0.117 120.964 0.122
202303 0.085 122.702 0.087
202306 0.059 124.203 0.060
202309 0.097 125.230 0.098
202312 0.067 125.072 0.068
202403 0.175 126.258 0.175

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


NG Energy International  (FRA:56P) 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.

NG Energy International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.692/16.31
=0.04

* 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 NG Energy International was 0.04. The lowest was 0.01. And the median was 0.02.


Be Aware

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


NG Energy International Cyclically Adjusted Book per Share Related Terms

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


NG Energy International (FRA:56P) Business Description

Industry
Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas.

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