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Attock Refinery (KAR:ATRL) Cyclically Adjusted Book per Share : ₨597.69 (As of Mar. 2024)


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What is Attock Refinery 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.

Attock Refinery's adjusted book value per share for the three months ended in Mar. 2024 was ₨1,217.982. 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 ₨597.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Attock Refinery's average Cyclically Adjusted Book Growth Rate was 18.50% 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 (2024-05-22), Attock Refinery's current stock price is ₨386.18. Attock Refinery's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨597.69. Attock Refinery's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Attock Refinery was 0.71. The lowest was 0.27. And the median was 0.36.


Attock Refinery Cyclically Adjusted Book per Share Historical Data

The historical data trend for Attock Refinery'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.

Attock Refinery Cyclically Adjusted Book per Share Chart

Attock Refinery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 409.85 476.59 520.25

Attock Refinery 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 495.99 520.25 546.60 567.30 597.69

Competitive Comparison of Attock Refinery's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Attock Refinery'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.


Attock Refinery's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Attock Refinery 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, Attock Refinery'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)
=1217.982/131.7762*131.7762
=1,217.982

Current CPI (Mar. 2024) = 131.7762.

Attock Refinery Quarterly Data

Book Value per Share CPI Adj_Book
201406 340.801 100.560 446.596
201409 335.470 100.428 440.187
201412 333.019 99.070 442.961
201503 346.994 99.621 458.995
201506 352.778 100.684 461.720
201509 347.018 100.392 455.504
201512 355.596 99.792 469.566
201603 355.912 100.470 466.811
201606 381.761 101.688 494.719
201609 384.297 101.861 497.160
201612 403.395 101.863 521.858
201703 408.271 102.862 523.034
201706 458.728 103.349 584.905
201709 470.194 104.136 594.997
201712 466.840 104.011 591.460
201803 467.023 105.290 584.508
201806 465.484 106.317 576.952
201809 463.512 106.507 573.484
201812 439.089 105.998 545.874
201903 437.093 107.251 537.046
201906 379.864 108.070 463.193
201909 384.826 108.329 468.118
201912 372.177 108.420 452.352
202003 362.156 108.902 438.227
202006 458.613 108.767 555.629
202009 406.515 109.815 487.812
202012 404.389 109.897 484.899
202103 457.764 111.754 539.777
202106 468.233 114.631 538.264
202109 469.590 115.734 534.680
202112 490.367 117.630 549.341
202203 517.063 121.301 561.715
202206 588.303 125.017 620.111
202209 541.793 125.227 570.130
202212 617.356 125.222 649.670
202303 698.391 127.348 722.677
202306 1,149.229 128.729 1,176.436
202309 1,264.620 129.860 1,283.286
202312 1,301.439 129.419 1,325.139
202403 1,217.982 131.776 1,217.982

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


Attock Refinery  (KAR:ATRL) 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.

Attock Refinery's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=386.18/597.69
=0.65

* 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 Attock Refinery was 0.71. The lowest was 0.27. And the median was 0.36.


Be Aware

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


Attock Refinery Cyclically Adjusted Book per Share Related Terms

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


Attock Refinery (KAR:ATRL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Attock Refinery Ltd (KAR:ATRL) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
The Refinery, Post Office, Morgah, Rawalpindi, PB, PAK
Attock Refinery Ltd is a Pakistan-based oil refining company. It is engaged in refining crude oil and supplying refined petroleum products. Its products include liquefied petroleum gas (LPG), naphtha, kerosene oil, high-speed diesel, furnace fuel oil, jet petroleum, motor gasoline, and light diesel oil. The company majorly operates in Pakistan. The company generates the majority of its revenue from High Speed Diesel, and Premier Motor Gasoline products.

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