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OILRF (Oil Refineries) Cyclically Adjusted Book per Share : $0.35 (As of Sep. 2024)


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What is Oil Refineries 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.

Oil Refineries's adjusted book value per share for the three months ended in Sep. 2024 was $0.563. 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 $0.35 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Oil Refineries's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Oil Refineries was 7.30% per year. The lowest was 7.30% per year. And the median was 7.30% per year.

As of today (2024-12-15), Oil Refineries's current stock price is $0.22. Oil Refineries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.35. Oil Refineries's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oil Refineries was 1.09. The lowest was 0.46. And the median was 0.69.


Oil Refineries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oil Refineries'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.

Oil Refineries Cyclically Adjusted Book per Share Chart

Oil Refineries 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 - 0.20 0.37 0.35 0.40

Oil Refineries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.33 0.40 0.45 0.48 0.35

Competitive Comparison of Oil Refineries's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Oil Refineries'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.


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

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

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



Oil Refineries 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, Oil Refineries's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.563/133.0289*133.0289
=0.563

Current CPI (Sep. 2024) = 133.0289.

Oil Refineries Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.205 99.070 0.275
201503 0.222 99.621 0.296
201506 0.260 100.684 0.344
201509 0.268 100.392 0.355
201512 0.273 99.792 0.364
201603 0.283 100.470 0.375
201606 0.309 101.688 0.404
201609 0.311 101.861 0.406
201612 0.324 101.863 0.423
201703 0.301 102.862 0.389
201706 0.323 103.349 0.416
201709 0.000 104.136 0.000
201712 0.376 104.011 0.481
201803 0.381 105.290 0.481
201806 0.416 106.317 0.521
201809 0.424 106.507 0.530
201812 0.412 105.998 0.517
201903 0.436 107.251 0.541
201906 0.443 108.070 0.545
201909 0.442 108.329 0.543
201912 0.431 108.420 0.529
202003 0.374 108.902 0.457
202006 0.374 108.767 0.457
202009 0.357 109.815 0.432
202012 0.337 109.897 0.408
202103 0.354 111.754 0.421
202106 0.378 114.631 0.439
202109 0.390 115.734 0.448
202112 0.428 117.630 0.484
202203 0.434 121.301 0.476
202206 0.438 125.017 0.466
202209 0.523 125.227 0.556
202212 0.544 125.222 0.578
202303 0.541 127.348 0.565
202306 0.562 128.729 0.581
202309 0.586 129.860 0.600
202312 0.577 129.419 0.593
202403 0.565 131.776 0.570
202406 0.586 132.554 0.588
202409 0.563 133.029 0.563

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


Oil Refineries  (OTCPK:OILRF) 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.

Oil Refineries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.22/0.35
=0.63

* 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 Oil Refineries was 1.09. The lowest was 0.46. And the median was 0.69.


Be Aware

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


Oil Refineries Cyclically Adjusted Book per Share Related Terms

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


Oil Refineries Business Description

Industry
Traded in Other Exchanges
Address
P.O. Box 4, Haifa, ISR, 310001
Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries.

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