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SNGN Romgaz (LSE:SNGR) Cyclically Adjusted Book per Share : $0.53 (As of Sep. 2023)


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What is SNGN Romgaz 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.

SNGN Romgaz's adjusted book value per share for the three months ended in Sep. 2023 was $6.193. 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 $0.53 for the trailing ten years ended in Sep. 2023.

During the past 12 months, SNGN Romgaz's average Cyclically Adjusted Book Growth Rate was 2.90% 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 (2024-06-05), SNGN Romgaz's current stock price is $1.20. SNGN Romgaz's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $0.53. SNGN Romgaz's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SNGN Romgaz was 2.01. The lowest was 0.98. And the median was 1.49.


SNGN Romgaz Cyclically Adjusted Book per Share Historical Data

The historical data trend for SNGN Romgaz'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.

SNGN Romgaz Cyclically Adjusted Book per Share Chart

SNGN Romgaz Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.57

SNGN Romgaz Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.54 0.57 0.58 0.62 0.53

Competitive Comparison of SNGN Romgaz's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.


SNGN Romgaz's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



SNGN Romgaz 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, SNGN Romgaz's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=6.193/129.8595*129.8595
=6.193

Current CPI (Sep. 2023) = 129.8595.

SNGN Romgaz Quarterly Data

Book Value per Share CPI Adj_Book
201312 5.267 98.326 6.956
201403 5.611 99.695 7.309
201406 5.199 100.560 6.714
201409 5.336 100.428 6.900
201412 5.504 99.070 7.215
201503 5.823 99.621 7.590
201506 5.251 100.684 6.773
201509 5.369 100.392 6.945
201512 5.493 99.792 7.148
201603 5.770 100.470 7.458
201606 5.252 101.688 6.707
201609 5.308 101.861 6.767
201612 5.309 101.863 6.768
201703 5.805 102.862 7.329
201706 5.141 103.349 6.460
201709 5.320 104.136 6.634
201712 5.087 104.011 6.351
201803 5.550 105.290 6.845
201806 4.449 106.317 5.434
201809 4.579 106.507 5.583
201812 4.346 105.998 5.324
201903 4.653 107.251 5.634
201906 3.988 108.070 4.792
201909 4.107 108.329 4.923
201912 4.066 108.420 4.870
202003 4.390 108.902 5.235
202006 4.168 108.767 4.976
202009 4.248 109.815 5.023
202012 4.413 109.897 5.215
202103 4.676 111.754 5.434
202106 4.454 114.631 5.046
202109 4.678 115.734 5.249
202112 5.090 117.630 5.619
202203 5.645 121.301 6.043
202206 5.257 125.017 5.461
202209 5.547 125.227 5.752
202212 5.711 125.222 5.923
202303 6.260 127.348 6.383
202306 5.919 128.729 5.971
202309 6.193 129.860 6.193

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


SNGN Romgaz  (LSE:SNGR) 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.

SNGN Romgaz's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.20/0.53
=2.26

* 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 SNGN Romgaz was 2.01. The lowest was 0.98. And the median was 1.49.


Be Aware

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


SNGN Romgaz Cyclically Adjusted Book per Share Related Terms

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


SNGN Romgaz (LSE:SNGR) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SNGN Romgaz SA (LSE:SNGR) » Definitions » Cyclically Adjusted Book per Share
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Address
4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130
SNGN Romgaz SA acts as a natural gas producer and the main supplier in Romania. It holds interests in nearly 8 onshore exploration blocks located across Transylvania, Moldova, Oltenia, and Muntenia basins. The company operates through seven segments: Natural gas exploration & production, UGS activity, Natural gas supply, Special operations & services, Maintenance & transportation services, Electricity generation & supply, and Natural gas supply.

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