Refinaria De Petroleos Manguinhos (BSP:RPMG3) Cyclically Adjusted PB Ratio: (As of Aug. 03, 2026)

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BSP:RPMG3 Refinaria De Petroleos Manguinhos SA BSP:RPMG3
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Price R$1.15
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What is Refinaria De Petroleos Manguinhos Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Refinaria De Petroleos Manguinhos  (BSP:RPMG3) 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.


Refinaria De Petroleos Manguinhos Cyclically Adjusted PB Ratio Related Terms


Refinaria De Petroleos Manguinhos Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos Cyclically Adjusted PB Ratio Chart

Refinaria De Petroleos Manguinhos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Refinaria De Petroleos Manguinhos Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.00 0.00 0.00 0.00 0.00

BSP:RPMG3 vs VLO, MPC, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Refinaria De Petroleos Manguinhos'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.


Refinaria De Petroleos Manguinhos Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Refinaria De Petroleos Manguinhos's Cyclically Adjusted PB Ratio falls into.


BSP:RPMG3
50GF Score
Refinaria De Petroleos Manguinhos SA BSP:RPMG3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Refinaria De Petroleos Manguinhos 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.

Refinaria De Petroleos Manguinhos's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Refinaria De Petroleos Manguinhos's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=-109.825/169.6698*169.6698
=-109.825

Current CPI (Jun. 2025) = 169.6698.

Refinaria De Petroleos Manguinhos Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 90.447 0.000
201406 0.000 91.838 0.000
201409 0.000 92.602 0.000
201412 -16.347 94.194 -29.446
201503 -17.579 97.799 -30.497
201506 -18.891 100.006 -32.050
201509 -20.966 101.392 -35.085
201512 -23.237 104.247 -37.820
201603 -25.035 106.979 -39.706
201606 -26.455 108.851 -41.236
201612 -31.585 110.802 -48.366
201712 -1.710 114.068 -2.544
201809 0.000 117.881 0.000
201812 -37.691 118.340 -54.039
201903 0.000 120.124 0.000
201906 0.000 120.977 0.000
201909 -40.287 121.292 -56.356
201912 -41.066 123.436 -56.447
202003 -42.480 124.092 -58.083
202006 -43.892 123.557 -60.273
202009 -45.461 125.095 -61.660
202012 -47.166 129.012 -62.030
202103 -47.354 131.660 -61.025
202106 -48.073 133.871 -60.929
202109 -49.094 137.913 -60.399
202112 -52.511 141.992 -62.747
202203 -54.685 146.537 -63.318
202206 -56.959 149.784 -64.521
202209 -62.541 147.800 -71.795
202212 -66.338 150.207 -74.934
202303 -67.557 153.352 -74.745
202306 -70.398 154.519 -77.301
202309 -74.735 155.464 -81.564
202312 -80.803 157.148 -87.241
202403 0.000 159.372 0.000
202406 -85.319 161.052 -89.885
202409 -90.821 162.342 -94.920
202412 -96.185 164.740 -99.063
202503 -102.225 168.102 -103.179
202506 -109.825 169.670 -109.825

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.


Refinaria De Petroleos Manguinhos Business Description

Industry EnergyOil & Gas
Address Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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