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Galp Energia SGPS (MEX:GALP N) Cyclically Adjusted Book per Share : MXN97.74 (As of Mar. 2025)


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What is Galp Energia SGPS 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.

Galp Energia SGPS's adjusted book value per share for the three months ended in Mar. 2025 was MXN141.268. 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 MXN97.74 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Galp Energia SGPS's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Galp Energia SGPS was 3.10% per year. The lowest was 0.50% per year. And the median was 2.00% per year.

As of today (2025-07-07), Galp Energia SGPS's current stock price is MXN289.18. Galp Energia SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN97.74. Galp Energia SGPS's Cyclically Adjusted PB Ratio of today is 2.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Galp Energia SGPS was 3.45. The lowest was 1.25. And the median was 2.35.


Galp Energia SGPS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS Cyclically Adjusted Book per Share Chart

Galp Energia SGPS 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 136.73 144.69 102.44 113.76 98.97

Galp Energia SGPS 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 100.74 78.36 91.83 98.97 97.74

Competitive Comparison of Galp Energia SGPS's Cyclically Adjusted Book per Share

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.


Galp Energia SGPS's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Galp Energia SGPS's Cyclically Adjusted PB Ratio falls into.


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Galp Energia SGPS 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, Galp Energia SGPS'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)
=141.268/122.6242*122.6242
=141.268

Current CPI (Mar. 2025) = 122.6242.

Galp Energia SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201506 110.148 100.769 134.037
201509 109.574 100.489 133.710
201512 103.234 100.119 126.439
201603 109.898 100.547 134.029
201606 123.064 101.319 148.941
201609 124.681 101.122 151.192
201612 125.084 100.998 151.868
201703 127.069 101.924 152.876
201706 117.017 102.240 140.348
201709 120.795 102.527 144.473
201712 124.757 102.479 149.282
201803 120.301 102.626 143.744
201806 126.422 103.790 149.363
201809 119.213 103.960 140.615
201812 126.847 103.159 150.781
201903 125.986 103.495 149.273
201906 123.361 104.192 145.184
201909 119.347 103.844 140.931
201912 114.665 103.592 135.731
202003 135.870 103.544 160.908
202006 118.322 104.323 139.079
202009 109.038 103.699 128.938
202012 94.668 103.354 112.318
202103 106.072 104.014 125.050
202106 97.177 104.852 113.648
202109 85.559 105.232 99.699
202112 87.579 106.191 101.132
202203 85.241 109.559 95.406
202206 103.439 114.003 111.261
202209 104.997 114.999 111.959
202212 108.231 116.377 114.041
202303 106.216 117.701 110.659
202306 99.163 117.872 103.161
202309 108.421 119.111 111.619
202312 108.376 118.032 112.592
202403 114.744 120.396 116.868
202406 127.110 121.165 128.640
202409 130.352 121.574 131.478
202412 136.485 121.585 137.651
202503 141.268 122.624 141.268

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


Galp Energia SGPS  (MEX:GALP N) 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.

Galp Energia SGPS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=289.18/97.74
=2.96

* 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 Galp Energia SGPS was 3.45. The lowest was 1.25. And the median was 2.35.


Be Aware

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


Galp Energia SGPS Cyclically Adjusted Book per Share Related Terms

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


Galp Energia SGPS Business Description

Industry
Address
Avenida da India, Lisboa, PRT, 1349-065
Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables, and New Businesses. The Upstream segment involves, management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New Businesses segment represents Galp's presence in the renewable and new energies space.

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