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Australian Oil & Gas (Australian Oil & Gas) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Australian Oil & Gas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Oil & Gas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Australian Oil & Gas's Cyclically Adjusted PB Ratio 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.

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Australian Oil & Gas Cyclically Adjusted PB Ratio Chart

Australian Oil & Gas Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PB Ratio
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Australian Oil & Gas Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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Competitive Comparison of Australian Oil & Gas's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Australian Oil & Gas'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.


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

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

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



Australian Oil & Gas Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Australian Oil & Gas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2012 is calculated as:

For example, Australian Oil & Gas's adjusted Book Value per Share data for the three months ended in Mar. 2012 was:

Adj_Book=Book Value per Share/CPI of Mar. 2012 (Change)*Current CPI (Mar. 2012)
=0.011/92.7792*92.7792
=0.011

Current CPI (Mar. 2012) = 92.7792.

Australian Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
200206 0.133 71.140 0.173
200209 -0.040 71.604 -0.052
200212 -0.060 72.069 -0.077
200303 -0.070 72.997 -0.089
200306 0.002 72.997 0.003
200309 0.000 73.462 0.000
200312 0.000 73.833 0.000
200403 -0.005 74.483 -0.006
200406 -0.006 74.855 -0.007
200409 -0.007 75.134 -0.009
200412 -0.008 75.691 -0.010
200503 -0.010 76.248 -0.012
200506 -0.013 76.712 -0.016
200509 -0.020 77.455 -0.024
200512 -0.009 77.827 -0.011
200603 -0.012 78.477 -0.014
200606 0.011 79.777 0.013
200609 0.007 80.520 0.008
200612 0.011 80.427 0.013
200703 0.006 80.427 0.007
200706 0.006 81.449 0.007
200709 0.004 82.006 0.005
200712 -0.011 82.749 -0.012
200803 -0.016 83.864 -0.018
200806 0.000 85.071 0.000
200809 -0.003 86.092 -0.003
200812 -0.009 85.814 -0.010
200903 -0.009 85.907 -0.010
200906 -0.003 86.278 -0.003
200909 -0.007 87.114 -0.007
200912 -0.016 87.578 -0.017
201003 0.030 88.414 0.031
201006 0.025 88.971 0.026
201009 0.020 89.622 0.021
201012 0.016 89.993 0.016
201103 0.013 91.293 0.013
201106 0.014 92.129 0.014
201109 0.012 92.686 0.012
201112 0.013 92.686 0.013
201203 0.011 92.779 0.011

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


Australian Oil & Gas  (OTCPK:AOGC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Australian Oil & Gas Cyclically Adjusted PB Ratio Related Terms

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Australian Oil & Gas (Australian Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Website
Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.

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