Nostrum Oil & Gas (CHIX:NOGL) Cyclically Adjusted PB Ratio: (As of Sep. 06, 2026)

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What is Nostrum Oil & Gas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nostrum Oil & Gas  (CHIX:NOGl) 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.


Nostrum Oil & Gas Cyclically Adjusted PB Ratio Related Terms


Nostrum Oil & Gas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nostrum 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.

Nostrum Oil & Gas Cyclically Adjusted PB Ratio Chart

Nostrum Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.01 0.01 0.02

Nostrum Oil & Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.01 0.01 0.02 0.06 0.00

CHIX:NOGL vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, Nostrum 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.


Nostrum Oil & Gas Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Nostrum 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.

Nostrum Oil & Gas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nostrum Oil & Gas's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.718/142.3000*142.3000
=-1.718

Current CPI (Jun. 2026) = 142.3000.

Nostrum Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.217 101.500 40.961
201612 29.970 102.200 41.729
201703 30.896 102.700 42.809
201706 29.802 103.500 40.974
201709 27.731 104.300 37.834
201712 26.966 105.000 36.545
201803 26.344 105.100 35.668
201806 27.444 105.900 36.877
201809 28.483 106.600 38.022
201812 23.756 107.100 31.564
201903 23.059 107.000 30.666
201906 23.983 107.900 31.629
201909 24.499 108.400 32.161
201912 -17.798 108.500 -23.342
202003 -19.963 108.600 -26.158
202006 -20.963 108.800 -27.418
202009 -21.686 109.200 -28.259
202012 -32.000 109.400 -41.623
202103 -30.430 109.700 -39.473
202106 -30.814 111.400 -39.361
202109 -32.063 112.400 -40.592
202112 -33.423 114.700 -41.466
202203 -34.281 116.500 -41.873
202206 -37.617 120.500 -44.422
202209 -42.163 122.300 -49.058
202212 -41.674 125.300 -47.328
202303 -0.026 126.800 -0.029
202306 -0.187 129.400 -0.206
202309 -0.310 130.100 -0.339
202312 -0.309 130.500 -0.337
202403 -0.438 131.600 -0.474
202406 -0.531 133.000 -0.568
202409 -0.639 133.500 -0.681
202412 -0.433 135.100 -0.456
202503 -0.544 136.100 -0.569
202506 -0.710 138.400 -0.730
202509 -0.913 138.900 -0.935
202512 -1.387 139.900 -1.411
202603 -1.552 140.800 -1.569
202606 -1.718 142.300 -1.718

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.


Nostrum Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges NOG:UK3NO0:Germany
Address 20 Eastbourne Terrace, London, GBR, W2 6LG
Nostrum Oil & Gas PLC is engaged in the production, development, and exploration of oil and gas in Kazakhstan. It provides the market with crude oil, stabilized liquid condensate, liquefied petroleum gas, and dry gas. Majority of the company's production is derived from licensed assets in the pre-Caspian basin that can be found in western Kazakhstan. In addition to handling the production of its oil assets, Nostrum handles marketing and transportation. It has a network of pipelines and terminals that help ship products to a variety of end markets. The company's client base includes a host of international customers.