SNGN Romgaz (FRA:RZ8B) Cyclically Adjusted PB Ratio: 6.33 (As of Aug. 15, 2026) — 239% Above Median

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FRA:RZ8B SNGN Romgaz SA FRA:RZ8B
64 GF Score
Price €3.80
GF Value €1.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is SNGN Romgaz Cyclically Adjusted PB Ratio?

SNGN Romgaz FRA:RZ8B +4.40% 64 Cyclically Adjusted PB Ratio is 6.33 as of Aug. 15, 2026, which is 239% above its 10-year median of 1.87. GuruFocus rates FRA:RZ8B with a GF Score™ of 64/100 and a GF Value™ of €1.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 765 Oil & Gas companies, SNGN Romgaz ranks worse than 93.99% on this metric.

As of today (2026-08-15), SNGN Romgaz's current share price is €3.80. SNGN Romgaz's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.60. SNGN Romgaz's Cyclically Adjusted PB Ratio for today is 6.33.

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

FRA:RZ8B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 1.87   Max: 5.97
Current: 5.9

During the past years, SNGN Romgaz's highest Cyclically Adjusted PB Ratio was 5.97. The lowest was 1.38. And the median was 1.87.

FRA:RZ8B's Cyclically Adjusted PB Ratio is ranked worse than
93.99% of 765 companies
in the Oil & Gas industry
Industry Median: 1.17 vs FRA:RZ8B: 5.90

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.

SNGN Romgaz's adjusted book value per share data for the three months ended in Mar. 2026 was €0.897. 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 €0.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SNGN Romgaz  (FRA:RZ8B) 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.


SNGN Romgaz Cyclically Adjusted PB Ratio Related Terms


SNGN Romgaz Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SNGN Romgaz'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.

SNGN Romgaz Cyclically Adjusted PB Ratio Chart

SNGN Romgaz 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 0.00 1.40 1.80 1.78 3.29

SNGN Romgaz Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.05 2.36 2.82 3.29 3.83

FRA:RZ8B vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.


SNGN Romgaz Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


FRA:RZ8B
64GF Score
SNGN Romgaz SA FRA:RZ8B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SNGN Romgaz 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.

SNGN Romgaz's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.80/0.60
=6.33

* 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.

SNGN Romgaz's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SNGN Romgaz's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.897/330.2130*330.2130
=0.897

Current CPI (Mar. 2026) = 330.2130.

SNGN Romgaz Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.465 241.018 0.637
201609 0.470 241.428 0.643
201612 0.470 241.432 0.643
201703 0.514 243.801 0.696
201706 0.455 244.955 0.613
201709 0.471 246.819 0.630
201712 0.450 246.524 0.603
201803 0.491 249.554 0.650
201806 0.394 251.989 0.516
201809 0.405 252.439 0.530
201812 0.385 251.233 0.506
201903 0.412 254.202 0.535
201906 0.353 256.143 0.455
201909 0.363 256.759 0.467
201912 0.360 256.974 0.463
202003 0.388 258.115 0.496
202006 0.369 257.797 0.473
202009 0.376 260.280 0.477
202012 0.391 260.474 0.496
202103 0.414 264.877 0.516
202106 0.394 271.696 0.479
202109 0.414 274.310 0.498
202112 0.450 278.802 0.533
202203 0.500 287.504 0.574
202206 0.465 296.311 0.518
202209 0.491 296.808 0.546
202212 0.505 296.797 0.562
202303 0.554 301.836 0.606
202306 0.524 305.109 0.567
202309 0.548 307.789 0.588
202312 0.580 306.746 0.624
202403 0.641 312.332 0.678
202406 0.643 314.175 0.676
202409 0.665 315.301 0.696
202412 0.711 315.605 0.744
202503 0.759 319.799 0.784
202506 0.765 322.561 0.783
202509 0.803 324.800 0.816
202512 0.848 324.054 0.864
202603 0.897 330.213 0.897

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.

What does a Cyclically Adjusted PB Ratio of 6.33 mean?
SNGN Romgaz (FRA:RZ8B) has a Cyclically Adjusted PB Ratio of 6.33 as of Aug. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SNGN Romgaz and its competitors. This is 239% above median its historical median of 1.87. Over the past decade, SNGN Romgaz's Cyclically Adjusted PB Ratio has ranged from 1.38 to 5.97. According to the industry distribution chart, SNGN Romgaz ranks #719 out of 765 companies in the Oil & Gas industry, placing it in the top 94%.
Is SNGN Romgaz's Cyclically Adjusted PB Ratio too high?
SNGN Romgaz's current Cyclically Adjusted PB Ratio of 6.33 is 239% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 5.97. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.17. SNGN Romgaz's value of 6.33 is 441% above this industry median. Based on the distribution chart, SNGN Romgaz ranks #719 out of 765 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, SNGN Romgaz has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SNGN Romgaz's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, SNGN Romgaz ranks #719 out of 765 companies for Cyclically Adjusted PB Ratio. This places SNGN Romgaz in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. SNGN Romgaz's value of 6.33 is 441% above this benchmark. Historically, SNGN Romgaz's own Cyclically Adjusted PB Ratio has ranged from 1.38 to 5.97 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.17, SNGN Romgaz has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.17, based on 765 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SNGN Romgaz's current Cyclically Adjusted PB Ratio of 6.33 is 441% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SNGN Romgaz and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SNGN Romgaz's current Cyclically Adjusted PB Ratio is 6.33, which is 239% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SNGN Romgaz stock overvalued right now?
Based on GuruFocus' analysis, SNGN Romgaz (FRA:RZ8B) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.10, compared to a current price of €3.80 — trading 245.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.33, which is 239% above median its 10-year median of 1.87 and 441% above the Oil & Gas industry median of 1.17. SNGN Romgaz's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For SNGN Romgaz (FRA:RZ8B), the current Cyclically Adjusted PB Ratio is 6.33 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SNGN Romgaz (FRA:RZ8B) Overvalued in 2026?

Based on GuruFocus' analysis, SNGN Romgaz stock appears to be overvalued. The current stock price of €3.80 is trading 245.5% above its estimated GF Value™ of €1.10. GuruFocus considers SNGN Romgaz to be Significantly Overvalued.

Key valuation signals for FRA:RZ8B:

  • Cyclically Adjusted PB Ratio: 6.33 (239% above median its 10-year median of 1.87)
  • GF Value™: €1.10 vs. price of €3.80 (245.5% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 441% above the Oil & Gas median (#719 of 765)

No single metric tells the full story. See the FRA:RZ8B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SNGN Romgaz Business Description

Industry EnergyOil & Gas
Other Exchanges SNG:Romania0QHQ:UK
Address 4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130
SNGN Romgaz SA is Romania's largest natural gas producer and supplier, operating in 8 onshore exploration blocks. The company has upstream, storage, and electricity production segments, as well as other activities. Romgaz engages in various activities, including upstream operations like exploring natural gas reserves, producing and trading gas extracted from domestic or imported sources for resale. These activities are carried out by the head office, Media? and Mure? branches, and subsidiary Romgaz Black Sea Limited. Depogaz, a subsidiary of Romgaz, is responsible for storage activities. Iernut branch is involved in electricity production and distribution activities. Additionally, Romgaz performs other activities such as technological transport, operations on wells, and corporate.
64GF Score

Get the complete analysis for FRA:RZ8B

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.80
Price
€1.10
GF Value