Rompetrol Rafinare (FRA:87R) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Rompetrol Rafinare Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rompetrol Rafinare  (FRA:87R) 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.


Rompetrol Rafinare Cyclically Adjusted PB Ratio Related Terms


Rompetrol Rafinare Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rompetrol Rafinare'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.

Rompetrol Rafinare Cyclically Adjusted PB Ratio Chart

Rompetrol Rafinare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.14 1.02 1.01 0.85

Rompetrol Rafinare Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.82 0.85 0.86 0.88 0.86

FRA:87R vs : Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Rompetrol Rafinare'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.


Rompetrol Rafinare Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Rompetrol Rafinare 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.

Rompetrol Rafinare's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Rompetrol Rafinare's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.018/307.7890*307.7890
=0.018

Current CPI (Sep. 2023) = 307.7890.

Rompetrol Rafinare Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.140 234.149 0.184
201312 0.011 233.049 0.015
201403 0.012 236.293 0.016
201406 0.011 238.343 0.014
201409 0.000 238.031 0.000
201412 0.011 234.812 0.014
201503 0.012 236.119 0.016
201506 0.012 238.638 0.015
201509 0.012 237.945 0.016
201512 0.014 236.525 0.018
201603 0.014 238.132 0.018
201606 0.014 241.018 0.018
201609 0.014 241.428 0.018
201612 0.017 241.432 0.022
201703 0.000 243.801 0.000
201706 0.015 244.955 0.019
201709 0.016 246.819 0.020
201712 0.022 246.524 0.027
201803 0.021 249.554 0.026
201806 0.022 251.989 0.027
201809 0.023 252.439 0.028
201812 0.022 251.233 0.027
201906 0.021 256.143 0.025
201909 0.021 256.759 0.025
201912 0.020 256.974 0.024
202003 0.000 258.115 0.000
202006 0.016 257.797 0.019
202009 0.000 260.280 0.000
202012 0.008 260.474 0.009
202103 0.007 264.877 0.008
202106 0.012 271.696 0.014
202109 0.011 274.310 0.012
202112 0.015 278.802 0.017
202203 0.010 287.504 0.011
202206 0.015 296.311 0.016
202209 0.021 296.808 0.022
202212 0.018 296.797 0.019
202303 0.019 301.836 0.019
202306 0.017 305.109 0.017
202309 0.018 307.789 0.018

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.


Rompetrol Rafinare Business Description

Industry EnergyOil & Gas
Comparable Companies
Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.