Nostrum Oil & Gas (FRA:3NO0) Cyclically Adjusted PB Ratio: (As of Aug. 12, 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  (FRA:3NO0) 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

FRA:3NO0 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)
=-1.988/142.3000*142.3000
=-1.988

Current CPI (Jun. 2026) = 142.3000.

Nostrum Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.208 101.500 47.959
201612 35.470 102.200 49.387
201703 35.664 102.700 49.416
201706 33.962 103.500 46.694
201709 31.022 104.300 42.324
201712 30.544 105.000 41.394
201803 29.839 105.100 40.400
201806 31.239 105.900 41.976
201809 31.908 106.600 42.594
201812 26.432 107.100 35.119
201903 26.888 107.000 35.759
201906 26.901 107.900 35.477
201909 27.531 108.400 36.141
201912 -20.994 108.500 -27.534
202003 -22.360 108.600 -29.299
202006 -23.299 108.800 -30.473
202009 -23.848 109.200 -31.077
202012 -35.355 109.400 -45.987
202103 -35.453 109.700 -45.989
202106 -35.870 111.400 -45.820
202109 -37.436 112.400 -47.395
202112 -39.334 114.700 -48.799
202203 -41.010 116.500 -50.092
202206 -43.825 120.500 -51.754
202209 -48.227 122.300 -56.114
202212 -47.917 125.300 -54.418
202303 -0.029 126.800 -0.033
202306 -0.218 129.400 -0.240
202309 -0.360 130.100 -0.394
202312 -0.359 130.500 -0.391
202403 -0.512 131.600 -0.554
202406 -0.628 133.000 -0.672
202409 -0.761 133.500 -0.811
202412 -0.523 135.100 -0.551
202503 -0.650 136.100 -0.680
202506 -0.835 138.400 -0.859
202509 -1.051 138.900 -1.077
202512 -1.586 139.900 -1.613
202603 -1.789 140.800 -1.808
202606 -1.988 142.300 -1.988

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 NOGl:UKNOG:UK
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.