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Independent Petroleum Group KSCP (KUW:IPG) Cyclically Adjusted Book per Share : KWD0.66 (As of Mar. 2025)


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What is Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP's adjusted book value per share for the three months ended in Mar. 2025 was KWD0.592. 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 KWD0.66 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Independent Petroleum Group KSCP's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 Independent Petroleum Group KSCP was 5.10% per year. The lowest was 2.10% per year. And the median was 3.60% per year.

As of today (2025-05-23), Independent Petroleum Group KSCP's current stock price is KWD0.599. Independent Petroleum Group KSCP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was KWD0.66. Independent Petroleum Group KSCP's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Independent Petroleum Group KSCP was 1.11. The lowest was 0.63. And the median was 0.75.


Independent Petroleum Group KSCP Cyclically Adjusted Book per Share Historical Data

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Cyclically Adjusted Book per Share Chart

Independent Petroleum Group KSCP 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 0.56 0.61 0.64 0.65 0.65

Independent Petroleum Group KSCP 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 0.65 0.65 0.65 0.65 0.66

Competitive Comparison of Independent Petroleum Group KSCP's Cyclically Adjusted Book per Share

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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Independent Petroleum Group KSCP 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, Independent Petroleum Group KSCP'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)
=0.592/134.9266*134.9266
=0.592

Current CPI (Mar. 2025) = 134.9266.

Independent Petroleum Group KSCP Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.520 100.684 0.697
201509 0.522 100.392 0.702
201512 0.559 99.792 0.756
201603 0.540 100.470 0.725
201606 0.549 101.688 0.728
201609 0.558 101.861 0.739
201612 0.578 101.863 0.766
201703 0.588 102.862 0.771
201706 0.527 103.349 0.688
201709 0.534 104.136 0.692
201712 0.533 104.011 0.691
201803 0.520 105.290 0.666
201806 0.532 106.317 0.675
201809 0.544 106.507 0.689
201812 0.525 105.998 0.668
201903 0.509 107.251 0.640
201906 0.522 108.070 0.652
201909 0.526 108.329 0.655
201912 0.543 108.420 0.676
202003 0.535 108.902 0.663
202006 0.545 108.767 0.676
202009 0.549 109.815 0.675
202012 0.554 109.897 0.680
202103 0.541 111.754 0.653
202106 0.552 114.631 0.650
202109 0.559 115.734 0.652
202112 0.557 117.630 0.639
202203 0.532 121.301 0.592
202206 0.547 125.017 0.590
202209 0.572 125.227 0.616
202212 0.553 125.222 0.596
202303 0.532 127.348 0.564
202306 0.546 128.729 0.572
202309 0.554 129.860 0.576
202312 0.579 129.419 0.604
202403 0.559 131.776 0.572
202406 0.573 132.554 0.583
202409 0.579 133.029 0.587
202412 0.621 133.157 0.629
202503 0.592 134.927 0.592

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


Independent Petroleum Group KSCP  (KUW:IPG) 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.

Independent Petroleum Group KSCP's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.599/0.66
=0.91

* 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 Independent Petroleum Group KSCP was 1.11. The lowest was 0.63. 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.


Independent Petroleum Group KSCP Cyclically Adjusted Book per Share Related Terms

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


Independent Petroleum Group KSCP Business Description

Industry
Traded in Other Exchanges
N/A
Address
Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Europe, the Middle East, Europe and Asia and the Far East where Africa and the Middle East region generates maximum revenue.