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HF Sinclair (HF Sinclair) Cyclically Adjusted Book per Share : $41.29 (As of Mar. 2024)


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What is HF Sinclair 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.

HF Sinclair's adjusted book value per share for the three months ended in Mar. 2024 was $51.778. 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 $41.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HF Sinclair's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.60% 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 HF Sinclair was 40.40% per year. The lowest was 8.80% per year. And the median was 20.00% per year.

As of today (2024-05-26), HF Sinclair's current stock price is $56.11. HF Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $41.29. HF Sinclair's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HF Sinclair was 5.51. The lowest was 0.57. And the median was 1.60.


HF Sinclair Cyclically Adjusted Book per Share Historical Data

The historical data trend for HF Sinclair'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.

HF Sinclair Cyclically Adjusted Book per Share Chart

HF Sinclair 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 28.29 31.27 34.94 37.94 40.27

HF Sinclair 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 38.78 39.44 40.13 40.27 41.29

Competitive Comparison of HF Sinclair's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


HF Sinclair's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



HF Sinclair 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, HF Sinclair'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)
=51.778/131.7762*131.7762
=51.778

Current CPI (Mar. 2024) = 131.7762.

HF Sinclair Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.589 100.560 40.085
201409 30.450 100.428 39.955
201412 28.169 99.070 37.469
201503 28.900 99.621 38.228
201506 29.714 100.684 38.890
201509 30.384 100.392 39.883
201512 29.148 99.792 38.490
201603 28.817 100.470 37.796
201606 26.265 101.688 34.036
201609 26.412 101.861 34.169
201612 26.397 101.863 34.149
201703 25.899 102.862 33.179
201706 26.026 103.349 33.185
201709 27.352 104.136 34.612
201712 30.274 104.011 38.355
201803 31.573 105.290 39.516
201806 33.123 106.317 41.055
201809 34.463 106.507 42.640
201812 34.386 105.998 42.749
201903 35.511 107.251 43.632
201906 36.246 108.070 44.197
201909 37.193 108.329 45.243
201912 36.937 108.420 44.894
202003 34.557 108.902 41.816
202006 33.247 108.767 40.280
202009 32.936 109.815 39.523
202012 31.822 109.897 38.157
202103 32.376 111.754 38.176
202106 33.501 114.631 38.512
202109 35.243 115.734 40.128
202112 34.895 117.630 39.092
202203 36.358 121.301 39.498
202206 41.312 125.017 43.546
202209 44.702 125.227 47.040
202212 46.904 125.222 49.359
202303 48.208 127.348 49.884
202306 50.485 128.729 51.680
202309 54.268 129.860 55.069
202312 50.846 129.419 51.772
202403 51.778 131.776 51.778

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


HF Sinclair  (NYSE:DINO) 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.

HF Sinclair's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56.11/41.29
=1.36

* 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 HF Sinclair was 5.51. The lowest was 0.57. And the median was 1.60.


Be Aware

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


HF Sinclair Cyclically Adjusted Book per Share Related Terms

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


HF Sinclair (HF Sinclair) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HF Sinclair Corp (NYSE:DINO) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.
Executives
James H Lee director 10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Indira Agarwal officer: VP, Controller and CAO 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Manuel J Fernandez director 1999 BRYAN STREET, DALLAS TX 75201
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Vaishali S. Bhatia officer: SVP, General Counsel & Sec 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Valerie Pompa officer: EVP, Operations 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Michael Jennings director, officer: Chief Executive Officer 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Steven Ledbetter officer: EVP, Commercial 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Carol Holding 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Leldon E Echols director P O BOX 199000, 2728 N HARWOOD STREET, DALLAS TX 75201
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Anne-marie Ainsworth director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Robert J. Kostelnik director 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
R Craig Knocke director 2828 N HARWOOD SUITE 1300, DALLAS TX 75201
Atanas H Atanasov officer: EVP and CFO C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136