Nostrum Oil & Gas (CHIX:NOGL) Cyclically Adjusted PB Ratio: 0.03 (As of Jul. 22, 2026) — 50% Above Median

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What is Nostrum Oil & Gas Cyclically Adjusted PB Ratio?

Nostrum Oil & Gas CHIX:NOGL Cyclically Adjusted PB Ratio is 0.03 as of Jul. 22, 2026, which is 50% above its 10-year median of 0.02. The stock has 6 warning signs investors should review. Among 771 Oil & Gas companies, Nostrum Oil & Gas ranks better than 95.33% on this metric.

As of today (2026-07-22), Nostrum Oil & Gas's current share price is £0.013. Nostrum Oil & Gas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was £0.50. Nostrum Oil & Gas's Cyclically Adjusted PB Ratio for today is 0.03.

The historical rank and industry rank for Nostrum Oil & Gas's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:NOGl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.09
Current: 0.08

During the past years, Nostrum Oil & Gas's highest Cyclically Adjusted PB Ratio was 0.09. The lowest was 0.01. And the median was 0.02.

CHIX:NOGl's Cyclically Adjusted PB Ratio is ranked better than
95.33% of 771 companies
in the Oil & Gas industry
Industry Median: 1.2 vs CHIX:NOGl: 0.08

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Nostrum Oil & Gas's adjusted book value per share data for the three months ended in Mar. 2026 was £-1.552. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is £0.50 for the trailing ten years ended in Mar. 2026.

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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.02 0.06

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.013/0.50
=0.03

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.552/140.8000*140.8000
=-1.552

Current CPI (Mar. 2026) = 140.8000.

Nostrum Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
201606 27.349 101.000 38.126
201609 29.217 101.500 40.530
201612 29.970 102.200 41.289
201703 30.896 102.700 42.358
201706 29.802 103.500 40.542
201709 27.731 104.300 37.436
201712 26.966 105.000 36.160
201803 26.344 105.100 35.292
201806 27.444 105.900 36.488
201809 28.483 106.600 37.621
201812 23.756 107.100 31.231
201903 23.059 107.000 30.343
201906 23.983 107.900 31.296
201909 24.499 108.400 31.822
201912 -17.798 108.500 -23.096
202003 -19.963 108.600 -25.882
202006 -20.963 108.800 -27.129
202009 -21.686 109.200 -27.961
202012 -32.000 109.400 -41.185
202103 -30.430 109.700 -39.057
202106 -30.814 111.400 -38.946
202109 -32.063 112.400 -40.164
202112 -33.423 114.700 -41.028
202203 -34.281 116.500 -41.431
202206 -37.617 120.500 -43.954
202209 -42.163 122.300 -48.541
202212 -41.674 125.300 -46.829
202303 -0.026 126.800 -0.029
202306 -0.187 129.400 -0.203
202309 -0.310 130.100 -0.335
202312 -0.309 130.500 -0.333
202403 -0.438 131.600 -0.469
202406 -0.531 133.000 -0.562
202409 -0.639 133.500 -0.674
202412 -0.433 135.100 -0.451
202503 -0.544 136.100 -0.563
202506 -0.710 138.400 -0.722
202509 -0.913 138.900 -0.925
202512 -1.387 139.900 -1.396
202603 -1.552 140.800 -1.552

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.

What does a Cyclically Adjusted PB Ratio of 0.03 mean?
Nostrum Oil & Gas (CHIX:NOGL) has a Cyclically Adjusted PB Ratio of 0.03 as of Jul. 22, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Nostrum Oil & Gas and its competitors. This is 50% above median its historical median of 0.02. Over the past decade, Nostrum Oil & Gas' Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.09. According to the industry distribution chart, Nostrum Oil & Gas ranks #36 out of 771 companies in the Oil & Gas industry, placing it in the top 4.7%.
Is Nostrum Oil & Gas' Cyclically Adjusted PB Ratio too high?
Nostrum Oil & Gas' current Cyclically Adjusted PB Ratio of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.09. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Nostrum Oil & Gas' value of 0.03 is 97.5% below this industry median. Based on the distribution chart, Nostrum Oil & Gas ranks #36 out of 771 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Nostrum Oil & Gas' Cyclically Adjusted PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Nostrum Oil & Gas ranks #36 out of 771 companies for Cyclically Adjusted PB Ratio. This places Nostrum Oil & Gas in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Nostrum Oil & Gas' value of 0.03 is 97.5% below this benchmark. Historically, Nostrum Oil & Gas' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.09 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 1.20, Nostrum Oil & Gas has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 771 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nostrum Oil & Gas's current Cyclically Adjusted PB Ratio of 0.03 is 97.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Nostrum Oil & Gas and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nostrum Oil & Gas's current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nostrum Oil & Gas stock overvalued right now?
Nostrum Oil & Gas (CHIX:NOGL) has a current Cyclically Adjusted PB Ratio of 0.03. The current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its 10-year median of 0.02 and 97.5% below the Oil & Gas industry median of 1.20. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Nostrum Oil & Gas (CHIX:NOGL), the current Cyclically Adjusted PB Ratio is 0.03 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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.