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EOG Resources (FRA:EO5) Cyclically Adjusted Book per Share : €34.92 (As of Dec. 2023)


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What is EOG Resources 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.

EOG Resources's adjusted book value per share for the three months ended in Dec. 2023 was €44.346. 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 €34.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EOG Resources's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 EOG Resources was 25.00% per year. The lowest was 6.40% per year. And the median was 12.50% per year.

As of today (2024-04-30), EOG Resources's current stock price is €126.50. EOG Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €34.92. EOG Resources's Cyclically Adjusted PB Ratio of today is 3.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EOG Resources was 6.37. The lowest was 1.14. And the median was 3.55.


EOG Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for EOG Resources'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.

EOG Resources Cyclically Adjusted Book per Share Chart

EOG Resources 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 25.51 24.16 29.62 33.79 34.92

EOG Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.79 34.29 34.81 36.48 34.92

Competitive Comparison of EOG Resources's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, EOG Resources'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.


EOG Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



EOG Resources 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, EOG Resources's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=44.346/129.4194*129.4194
=44.346

Current CPI (Dec. 2023) = 129.4194.

EOG Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.212 99.695 27.537
201406 22.464 100.560 28.911
201409 25.097 100.428 32.342
201412 26.199 99.070 34.225
201503 29.413 99.621 38.211
201506 28.276 100.684 36.346
201509 21.533 100.392 27.759
201512 21.609 99.792 28.024
201603 20.248 100.470 26.082
201606 19.488 101.688 24.803
201609 19.071 101.861 24.231
201612 22.983 101.863 29.201
201703 22.560 102.862 28.385
201706 21.428 103.349 26.833
201709 20.204 104.136 25.109
201712 23.786 104.011 29.597
201803 23.596 105.290 29.004
201806 25.793 106.317 31.398
201809 27.400 106.507 33.295
201812 29.346 105.998 35.830
201903 30.354 107.251 36.628
201906 31.445 108.070 37.657
201909 32.969 108.329 39.388
201912 33.470 108.420 39.953
202003 33.384 108.902 39.674
202006 31.094 108.767 36.998
202009 29.324 109.815 34.559
202012 28.597 109.897 33.677
202103 29.883 111.754 34.607
202106 29.684 114.631 33.513
202109 31.625 115.734 35.365
202112 33.539 117.630 36.901
202203 33.396 121.301 35.631
202206 36.016 125.017 37.284
202209 41.018 125.227 42.391
202212 39.802 125.222 41.136
202303 40.639 127.348 41.300
202306 41.625 128.729 41.848
202309 44.609 129.860 44.458
202312 44.346 129.419 44.346

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


EOG Resources  (FRA:EO5) 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.

EOG Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=126.50/34.92
=3.62

* 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 EOG Resources was 6.37. The lowest was 1.14. And the median was 3.55.


Be Aware

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


EOG Resources Cyclically Adjusted Book per Share Related Terms

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


EOG Resources (FRA:EO5) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EOG Resources Inc (FRA:EO5) » Definitions » Cyclically Adjusted Book per Share
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1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2022, it reported net proved reserves of 4.2 billion barrels of oil equivalent. Net production averaged 908 thousand barrels of oil equivalent per day in 2022 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

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