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Pakistan Petroleum (KAR:PPL) Cyclically Adjusted Book per Share : ₨137.06 (As of Mar. 2024)


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What is Pakistan Petroleum 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.

Pakistan Petroleum's adjusted book value per share for the three months ended in Mar. 2024 was ₨229.673. 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 ₨137.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pakistan Petroleum's average Cyclically Adjusted Book Growth Rate was 15.20% 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 (2024-09-23), Pakistan Petroleum's current stock price is ₨113.24. Pakistan Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨137.06. Pakistan Petroleum's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pakistan Petroleum was 1.08. The lowest was 0.45. And the median was 0.75.


Pakistan Petroleum Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pakistan Petroleum'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.

Pakistan Petroleum Cyclically Adjusted Book per Share Chart

Pakistan Petroleum 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 - - 92.00 110.69 123.42

Pakistan Petroleum 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 118.96 123.42 127.89 130.97 137.06

Competitive Comparison of Pakistan Petroleum's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Pakistan Petroleum'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.


Pakistan Petroleum's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Pakistan Petroleum 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, Pakistan Petroleum'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)
=229.673/131.7762*131.7762
=229.673

Current CPI (Mar. 2024) = 131.7762.

Pakistan Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201406 63.816 100.560 83.626
201409 72.104 100.428 94.611
201412 69.767 99.070 92.800
201503 69.471 99.621 91.894
201506 69.100 100.684 90.439
201509 70.445 100.392 92.468
201512 72.772 99.792 96.096
201603 72.534 100.470 95.135
201606 70.801 101.688 91.750
201609 72.790 101.861 94.167
201612 74.852 101.863 96.833
201703 72.752 102.862 93.202
201706 79.061 103.349 100.807
201709 83.901 104.136 106.171
201712 83.039 104.011 105.206
201803 84.302 105.290 105.509
201806 88.369 106.317 109.530
201809 93.491 106.507 115.672
201812 98.720 105.998 122.728
201903 103.796 107.251 127.532
201906 109.595 108.070 133.636
201909 114.771 108.329 139.612
201912 116.800 108.420 141.961
202003 122.063 108.902 147.702
202006 126.162 108.767 152.851
202009 131.404 109.815 157.683
202012 134.712 109.897 161.532
202103 137.586 111.754 162.236
202106 142.929 114.631 164.306
202109 149.191 115.734 169.870
202112 152.552 117.630 170.899
202203 158.591 121.301 172.286
202206 159.750 125.017 168.387
202209 169.790 125.227 178.670
202212 177.407 125.222 186.693
202303 188.911 127.348 195.480
202306 198.763 128.729 203.468
202309 209.827 129.860 212.924
202312 222.273 129.419 226.321
202403 229.673 131.776 229.673

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


Pakistan Petroleum  (KAR:PPL) 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.

Pakistan Petroleum's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=113.24/137.06
=0.83

* 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 Pakistan Petroleum was 1.08. The lowest was 0.45. And the median was 0.75.


Be Aware

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


Pakistan Petroleum Cyclically Adjusted Book per Share Related Terms

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


Pakistan Petroleum Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dr. Ziauddin Ahmed Road, P.O. Box 3942, 4th Floor, PIDC House, Karachi, SD, PAK, 75530
Pakistan Petroleum Ltd, or PPL is a Pakistan-based company operates in the natural gas industry. The company along with its subsidiaries is engaged in conducting exploration, prospecting, development, and production of oil and natural gas resources. It operates several producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur and Shahdadpur West.

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