GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Continental Petroleums Ltd (BOM:523232) » Definitions » Cyclically Adjusted PB Ratio

Continental Petroleums (BOM:523232) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Continental Petroleums Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Continental Petroleums Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Continental Petroleums'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.

* Premium members only.

Continental Petroleums Cyclically Adjusted PB Ratio Chart

Continental Petroleums Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.94 1.76

Continental Petroleums Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 1.76 - 1.95 -

Competitive Comparison of Continental Petroleums's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Continental Petroleums'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.


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

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

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



Continental Petroleums 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.

Continental Petroleums's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Continental Petroleums's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Continental Petroleums Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.674 91.425 19.527
201406 0.000 94.103 0.000
201409 12.276 96.780 19.398
201412 0.000 96.780 0.000
201503 12.829 97.163 20.192
201506 0.000 99.841 0.000
201509 13.302 101.753 19.991
201512 0.000 102.901 0.000
201603 13.737 102.518 20.491
201606 0.000 105.961 0.000
201609 14.135 105.961 20.400
201612 14.292 105.196 20.776
201703 14.587 105.196 21.205
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 15.383 109.404 21.502
201803 16.285 109.786 22.684
201806 0.000 111.317 0.000
201809 16.635 115.142 22.094
201812 0.000 115.142 0.000
201903 17.572 118.202 22.734
201906 0.000 120.880 0.000
201909 18.115 123.175 22.490
201912 0.000 126.235 0.000
202003 20.000 124.705 24.526
202006 0.000 127.000 0.000
202009 20.927 130.118 24.595
202012 0.000 130.889 0.000
202103 24.008 131.771 27.862
202106 0.000 134.084 0.000
202109 29.435 135.847 33.135
202112 0.000 138.161 0.000
202203 31.332 138.822 34.515
202206 0.000 142.347 0.000
202209 34.269 144.661 36.226
202212 0.000 145.763 0.000
202303 38.423 146.865 40.008
202306 0.000 150.280 0.000
202309 39.485 151.492 39.858
202312 0.000 152.924 0.000

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.


Continental Petroleums  (BOM:523232) 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.


Continental Petroleums Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Continental Petroleums's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Continental Petroleums (BOM:523232) Business Description

Traded in Other Exchanges
N/A
Address
A-2, Tilak Marg, C Scheme, Opposite Udyog Bhawan, Jaipur, RJ, IND, 302005
Continental Petroleums Ltd is engaged in the production of liquid or gaseous fuels, illuminating oils, lubricating oils or greases, and other products from crude petroleum or bituminous minerals. The end products being manufactured in consumer packs of various sizes and standard barrels are marketed by the company through its appointed distributors and dealers network.

Continental Petroleums (BOM:523232) Headlines

No Headlines