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INA-Industrija Nafte dd (FRA:I8E) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


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What is INA-Industrija Nafte dd 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


INA-Industrija Nafte dd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for INA-Industrija Nafte dd'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.

INA-Industrija Nafte dd Cyclically Adjusted PB Ratio Chart

INA-Industrija Nafte dd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.51 2.48 2.80

INA-Industrija Nafte dd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.53 2.49 2.80 2.76 2.71

Competitive Comparison of INA-Industrija Nafte dd's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, INA-Industrija Nafte dd'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.


INA-Industrija Nafte dd's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, INA-Industrija Nafte dd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where INA-Industrija Nafte dd's Cyclically Adjusted PB Ratio falls into.



INA-Industrija Nafte dd 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.

INA-Industrija Nafte dd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, INA-Industrija Nafte dd's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=144.74/132.5538*132.5538
=144.740

Current CPI (Jun. 2024) = 132.5538.

INA-Industrija Nafte dd Quarterly Data

Book Value per Share CPI Adj_Book
201409 183.149 100.428 241.737
201412 152.186 99.070 203.623
201503 158.682 99.621 211.139
201506 160.677 100.684 211.537
201509 159.862 100.392 211.077
201512 138.545 99.792 184.029
201603 138.745 100.470 183.051
201606 140.282 101.688 182.862
201609 144.236 101.861 187.697
201612 142.279 101.863 185.147
201703 146.616 102.862 188.937
201706 153.140 103.349 196.415
201709 155.916 104.136 198.465
201712 156.973 104.011 200.049
201803 157.269 105.290 197.993
201806 152.803 106.317 190.512
201809 157.784 106.507 196.371
201812 159.110 105.998 198.972
201903 160.476 107.251 198.337
201906 146.322 108.070 179.473
201909 153.535 108.329 187.868
201912 150.373 108.420 183.845
202003 135.702 108.902 165.175
202006 134.359 108.767 163.742
202009 125.007 109.815 150.892
202012 123.037 109.897 148.403
202103 122.209 111.754 144.954
202106 129.528 114.631 149.779
202109 138.016 115.734 158.074
202112 141.628 117.630 159.597
202203 147.345 121.301 161.014
202206 150.443 125.017 159.513
202209 163.204 125.227 172.753
202212 158.114 125.222 167.372
202303 156.680 127.348 163.085
202306 146.010 128.729 150.349
202309 154.650 129.860 157.859
202312 163.943 129.419 167.914
202403 165.340 131.776 166.316
202406 144.740 132.554 144.740

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.


INA-Industrija Nafte dd  (FRA:I8E) 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.


INA-Industrija Nafte dd Cyclically Adjusted PB Ratio Related Terms

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


INA-Industrija Nafte dd Business Description

Industry
Traded in Other Exchanges
Address
Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020
INA-Industrija Nafte dd is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.

INA-Industrija Nafte dd Headlines

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