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Caspian Energy (FRA:NQ3) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Caspian Energy 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


Caspian Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Caspian Energy'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.

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Caspian Energy Cyclically Adjusted PB Ratio Chart

Caspian Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Caspian Energy Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Caspian Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Caspian Energy'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.


Caspian Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Caspian Energy 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.

Caspian Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Caspian Energy's adjusted Book Value per Share data for the three months ended in Jun. 2018 was:

Adj_Book=Book Value per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=-0.097/105.5570*105.5570
=-0.097

Current CPI (Jun. 2018) = 105.5570.

Caspian Energy Quarterly Data

Book Value per Share CPI Adj_Book
200809 1.139 91.414 1.315
200812 0.340 89.518 0.401
200903 0.462 90.071 0.541
200906 0.491 90.940 0.570
200909 0.473 90.624 0.551
200912 0.247 90.703 0.287
201003 0.222 91.335 0.257
201006 0.232 91.809 0.267
201009 0.210 92.362 0.240
201012 0.032 92.836 0.036
201103 0.026 94.338 0.029
201106 0.064 94.654 0.071
201109 0.080 95.286 0.089
201112 -0.078 94.970 -0.087
201203 -0.073 96.155 -0.080
201206 -0.091 96.076 -0.100
201209 -0.090 96.392 -0.099
201212 -0.070 95.760 -0.077
201303 -0.060 97.103 -0.065
201306 -0.066 97.182 -0.072
201309 -0.067 97.419 -0.073
201312 -0.071 96.945 -0.077
201403 -0.024 98.604 -0.026
201406 -0.028 99.473 -0.030
201409 -0.030 99.394 -0.032
201412 -0.037 98.367 -0.040
201503 -0.042 99.789 -0.044
201506 0.026 100.500 0.027
201509 0.011 100.421 0.012
201512 -0.067 99.947 -0.071
201603 -0.067 101.054 -0.070
201606 -0.071 102.002 -0.073
201609 -0.069 101.765 -0.072
201612 -0.061 101.449 -0.063
201703 -0.060 102.634 -0.062
201706 -0.061 103.029 -0.062
201709 -0.068 103.345 -0.069
201712 -0.091 103.345 -0.093
201803 -0.088 105.004 -0.088
201806 -0.097 105.557 -0.097

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.


Caspian Energy  (FRA:NQ3) 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.


Caspian Energy Cyclically Adjusted PB Ratio Related Terms

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Caspian Energy (FRA:NQ3) Business Description

Industry
Traded in Other Exchanges
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Address
Caspian Energy Inc is engaged in the exploration of oil and natural resource business activities. It involved in development and production of crude oil and natural gas. The company mainly operates in Aktyubinsk region in Kazakhstan. It derives most of its revenues from the sale of the exploration business and has operations spread across Kazakhastan.

Caspian Energy (FRA:NQ3) Headlines

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