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EIPAF (Eni SpA) Cyclically Adjusted PB Ratio : 0.81 (As of Apr. 27, 2025)


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What is Eni SpA Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Eni SpA's current share price is $15.29. Eni SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $18.90. Eni SpA's Cyclically Adjusted PB Ratio for today is 0.81.

The historical rank and industry rank for Eni SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

EIPAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.88   Max: 1.16
Current: 0.78

During the past years, Eni SpA's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.40. And the median was 0.88.

EIPAF's Cyclically Adjusted PB Ratio is ranked better than
53.39% of 768 companies
in the Oil & Gas industry
Industry Median: 0.835 vs EIPAF: 0.78

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.

Eni SpA's adjusted book value per share data for the three months ended in Mar. 2025 was $18.949. 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 $18.90 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eni SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eni SpA'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.

Eni SpA Cyclically Adjusted PB Ratio Chart

Eni SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.80 0.80 0.94 0.80

Eni SpA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.89 0.87 0.83 0.80 0.87

Competitive Comparison of Eni SpA's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Eni SpA'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.


Eni SpA's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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Eni SpA 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.

Eni SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.29/18.90
=0.81

* 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.

Eni SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Eni SpA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=18.949/122.1000*122.1000
=18.949

Current CPI (Mar. 2025) = 122.1000.

Eni SpA Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.114 100.279 23.273
201509 18.269 100.000 22.306
201512 16.786 99.814 20.534
201603 16.248 99.600 19.918
201606 16.157 99.900 19.747
201609 15.471 100.100 18.871
201612 15.394 100.300 18.740
201703 15.621 101.000 18.884
201706 15.113 101.100 18.252
201709 15.260 101.200 18.412
201712 15.720 101.200 18.967
201803 16.347 101.800 19.607
201806 16.207 102.400 19.325
201809 16.465 102.600 19.594
201812 16.117 102.300 19.236
201903 16.541 102.800 19.646
201906 15.986 103.100 18.932
201909 15.849 102.900 18.806
201912 14.879 102.800 17.672
202003 14.004 102.900 16.617
202006 12.319 102.900 14.618
202009 12.118 102.300 14.463
202012 12.741 102.600 15.163
202103 13.287 103.700 15.645
202106 13.657 104.200 16.003
202109 13.276 104.900 15.453
202112 14.185 106.600 16.248
202203 14.737 110.400 16.299
202206 15.577 112.500 16.906
202209 16.977 114.200 18.151
202212 17.340 119.000 17.792
202303 17.629 118.800 18.119
202306 18.028 119.700 18.389
202309 18.557 120.300 18.835
202312 18.018 119.700 18.379
202403 18.458 120.200 18.750
202406 18.393 120.700 18.606
202409 18.028 121.200 18.162
202412 17.927 121.200 18.060
202503 18.949 122.100 18.949

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.


Eni SpA  (OTCPK:EIPAF) 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.


Eni SpA Cyclically Adjusted PB Ratio Related Terms

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


Eni SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eni SpA (OTCPK:EIPAF) » Definitions » Cyclically Adjusted PB Ratio
Address
1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At end-2023, Eni held reserves of 6.4 billion barrels of oil equivalent, 48% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity called Plentitude, which it will likely list publicly at some point.

Eni SpA Headlines