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Sacgasco (ASX:SGC) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Sacgasco Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sacgasco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sacgasco'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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Sacgasco Cyclically Adjusted PB Ratio Chart

Sacgasco Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.42 4.27 3.27 6.57

Sacgasco Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 4.27 - 3.27 - 6.57

Competitive Comparison of Sacgasco's Cyclically Adjusted PB Ratio

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


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

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

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



Sacgasco 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.

Sacgasco's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sacgasco's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.01/126.3989*126.3989
=-0.010

Current CPI (Dec23) = 126.3989.

Sacgasco Annual Data

Book Value per Share CPI Adj_Book
201406 0.027 98.352 0.035
201512 0.011 100.673 0.014
201612 -0.008 102.159 -0.010
201712 0.006 104.110 0.007
201812 0.002 105.967 0.002
201912 0.000 107.917 0.000
202012 0.002 108.846 0.002
202112 -0.007 112.654 -0.008
202212 -0.017 121.477 -0.018
202312 -0.010 126.399 -0.010

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.


Sacgasco  (ASX:SGC) 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.


Sacgasco Cyclically Adjusted PB Ratio Related Terms

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Sacgasco (ASX:SGC) Business Description

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Traded in Other Exchanges
Address
210 Bagot Road, Level 2, Subiaco, WA, AUS, WA 6008
Sacgasco Ltd is an Australia based company primarily involved in the evaluation, acquisition, exploration and development of natural gas and petroleum projects. It operates in the operating segment of Oil and gas exploration and appraisal. The company is appraising, developing and producing clean natural gas in the Sacramento Basin, onshore California. The project of the company are Dempsey Project, Alvares Project, Malton Project, Dutch Slough Gas Project and others.