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Par Pacific Holdings (FRA:61P) Cyclically Adjusted PB Ratio : 1.11 (As of Apr. 29, 2025)


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What is Par Pacific Holdings Cyclically Adjusted PB Ratio?

As of today (2025-04-29), Par Pacific Holdings's current share price is €12.60. Par Pacific Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €11.40. Par Pacific Holdings's Cyclically Adjusted PB Ratio for today is 1.11.

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

FRA:61P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 1.29   Max: 3.78
Current: 1.21

During the past years, Par Pacific Holdings's highest Cyclically Adjusted PB Ratio was 3.78. The lowest was 0.04. And the median was 1.29.

FRA:61P's Cyclically Adjusted PB Ratio is ranked worse than
62.03% of 769 companies
in the Oil & Gas industry
Industry Median: 0.83 vs FRA:61P: 1.21

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.

Par Pacific Holdings's adjusted book value per share data for the three months ended in Dec. 2024 was €20.586. 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 €11.40 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Par Pacific Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Par Pacific Holdings'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.

Par Pacific Holdings Cyclically Adjusted PB Ratio Chart

Par Pacific Holdings 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 1.80 1.94 2.48 3.46 1.35

Par Pacific Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.46 3.35 2.20 1.49 1.35

Competitive Comparison of Par Pacific Holdings's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Par Pacific Holdings'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.


Par Pacific Holdings's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Par Pacific Holdings's Cyclically Adjusted PB Ratio falls into.


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Par Pacific Holdings 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.

Par Pacific Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.60/11.40
=1.11

* 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.

Par Pacific Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Par Pacific Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=20.586/133.1571*133.1571
=20.586

Current CPI (Dec. 2024) = 133.1571.

Par Pacific Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.251 99.621 9.692
201506 7.308 100.684 9.665
201509 7.778 100.392 10.317
201512 7.556 99.792 10.082
201603 7.013 100.470 9.295
201606 6.988 101.688 9.151
201609 6.893 101.861 9.011
201612 7.681 101.863 10.041
201703 8.154 102.862 10.556
201706 7.921 103.349 10.206
201709 7.835 104.136 10.019
201712 8.265 104.011 10.581
201803 8.174 105.290 10.337
201806 8.961 106.317 11.223
201809 8.893 106.507 11.118
201812 9.585 105.998 12.041
201903 10.917 107.251 13.554
201906 11.440 108.070 14.096
201909 10.284 108.329 12.641
201912 10.955 108.420 13.454
202003 7.235 108.902 8.846
202006 6.461 108.767 7.910
202009 5.979 109.815 7.250
202012 3.749 109.897 4.542
202103 3.856 111.754 4.594
202106 2.340 114.631 2.718
202109 3.580 115.734 4.119
202112 3.909 117.630 4.425
202203 1.902 121.301 2.088
202206 4.379 125.017 4.664
202209 9.182 125.227 9.763
202212 10.062 125.222 10.700
202303 13.590 127.348 14.210
202306 13.900 128.729 14.378
202309 16.586 129.860 17.007
202312 20.493 129.419 21.085
202403 20.424 131.776 20.638
202406 20.663 132.554 20.757
202409 20.181 133.029 20.200
202412 20.586 133.157 20.586

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.


Par Pacific Holdings  (FRA:61P) 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.


Par Pacific Holdings Cyclically Adjusted PB Ratio Related Terms

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


Par Pacific Holdings Business Description

Industry
Traded in Other Exchanges
Address
825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refineries, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.

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