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BG Group (BG Group) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is BG Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BG Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BG Group'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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BG Group Cyclically Adjusted PB Ratio Chart

BG Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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BG Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Competitive Comparison of BG Group's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, BG Group'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.


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

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

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



BG Group 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.

BG Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2015 is calculated as:

For example, BG Group's adjusted Book Value per Share data for the three months ended in Dec. 2015 was:

Adj_Book=Book Value per Share/CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=8.706/100.4000*100.4000
=8.706

Current CPI (Dec. 2015) = 100.4000.

BG Group Quarterly Data

Book Value per Share CPI Adj_Book
200603 3.190 80.400 3.984
200606 3.349 81.500 4.126
200609 3.330 81.900 4.082
200612 3.654 82.600 4.441
200703 3.906 82.800 4.736
200706 4.124 83.500 4.959
200709 4.233 83.500 5.090
200712 4.263 84.500 5.065
200803 4.731 84.900 5.595
200806 5.118 86.600 5.934
200809 5.076 87.500 5.824
200812 5.566 87.100 6.416
200903 5.734 87.300 6.594
200906 6.187 88.100 7.051
200909 6.524 88.300 7.418
200912 6.791 88.900 7.669
201003 7.011 89.400 7.874
201006 6.994 90.200 7.785
201009 7.368 90.400 8.183
201012 7.775 91.700 8.513
201103 7.850 92.600 8.511
201106 8.218 93.500 8.824
201109 8.206 94.500 8.718
201112 8.655 95.000 9.147
201203 9.058 95.400 9.533
201206 8.841 95.600 9.285
201209 9.311 96.400 9.697
201212 9.677 97.300 9.985
201303 10.086 97.800 10.354
201306 9.743 98.000 9.982
201309 9.949 98.700 10.120
201312 9.375 99.200 9.488
201403 9.871 99.300 9.980
201406 10.154 99.800 10.215
201409 10.225 100.000 10.266
201412 8.535 99.900 8.578
201503 8.415 99.600 8.483
201506 9.047 100.100 9.074
201509 8.627 100.200 8.644
201512 8.706 100.400 8.706

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.


BG Group  (OTCPK:BRGXF) 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.


BG Group Cyclically Adjusted PB Ratio Related Terms

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BG Group (BG Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
BG Group PLC was incorporated in United Kingdom on December 30, 1998. The Company specializes in the exploration, production, transmission and distribution of gas, oil and liquefied natural gas. Its two business segments are Upstream and LNG Shipping & Marketing. Upstream segment covers exploration and production activities for gas, oil and liquids, plus liquefaction operations associated with integrated LNG projects. LNG Shipping & Marketing segment covers the purchasing, shipping, marketing and sale of LNG, as well as the group's interests and capacity in regasification facilities. The Company's geographical areas of operations are Europe, Central Asia region, Africa, Middle East and Asia region, Americas, and Global LNG region, and Australia region.

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