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Pakistan Oilfields (KAR:POL) Cyclically Adjusted PB Ratio : 2.88 (As of May. 17, 2024)


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What is Pakistan Oilfields Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Pakistan Oilfields's current share price is ₨507.34. Pakistan Oilfields's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨176.29. Pakistan Oilfields's Cyclically Adjusted PB Ratio for today is 2.88.

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

KAR:POL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 2.54   Max: 2.82
Current: 2.8

During the past years, Pakistan Oilfields's highest Cyclically Adjusted PB Ratio was 2.82. The lowest was 2.20. And the median was 2.54.

KAR:POL's Cyclically Adjusted PB Ratio is ranked worse than
84.33% of 817 companies
in the Oil & Gas industry
Industry Median: 0.99 vs KAR:POL: 2.80

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.

Pakistan Oilfields's adjusted book value per share data for the three months ended in Mar. 2024 was ₨279.202. 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 ₨176.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Oilfields Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pakistan Oilfields'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.

Pakistan Oilfields Cyclically Adjusted PB Ratio Chart

Pakistan Oilfields Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.76 2.57 2.39

Pakistan Oilfields Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.43 2.39 2.56 2.44 2.45

Competitive Comparison of Pakistan Oilfields's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Pakistan Oilfields'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.


Pakistan Oilfields's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Pakistan Oilfields 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.

Pakistan Oilfields's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=507.34/176.29
=2.88

* 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.

Pakistan Oilfields's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pakistan Oilfields's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=279.202/131.7762*131.7762
=279.202

Current CPI (Mar. 2024) = 131.7762.

Pakistan Oilfields Quarterly Data

Book Value per Share CPI Adj_Book
201406 130.981 100.560 171.641
201409 117.537 100.428 154.226
201412 122.506 99.070 162.950
201503 116.969 99.621 154.724
201506 120.014 100.684 157.076
201509 103.477 100.392 135.826
201512 112.079 99.792 148.001
201603 107.079 100.470 140.444
201606 122.105 101.688 158.234
201609 113.474 101.861 146.800
201612 122.161 101.863 158.035
201703 119.545 102.862 153.148
201706 147.238 103.349 187.737
201709 123.116 104.136 155.795
201712 130.635 104.011 165.507
201803 127.006 105.290 158.956
201806 140.127 106.317 173.683
201809 158.234 106.507 195.776
201812 147.113 105.998 182.890
201903 138.529 107.251 170.207
201906 146.148 108.070 178.208
201909 129.820 108.329 157.918
201912 146.882 108.420 178.524
202003 145.210 108.902 175.711
202006 147.447 108.767 178.638
202009 130.497 109.815 156.594
202012 141.212 109.897 169.326
202103 131.774 111.754 155.382
202106 162.927 114.631 187.295
202109 137.978 115.734 157.103
202112 163.675 117.630 183.359
202203 167.502 121.301 181.967
202206 195.428 125.017 205.994
202209 175.311 125.227 184.480
202212 196.538 125.222 206.825
202303 234.300 127.348 242.448
202306 257.250 128.729 263.340
202309 232.458 129.860 235.889
202312 260.313 129.419 265.053
202403 279.202 131.776 279.202

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.


Pakistan Oilfields  (KAR:POL) 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.


Pakistan Oilfields Cyclically Adjusted PB Ratio Related Terms

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


Pakistan Oilfields (KAR:POL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O.L. House, Morgah, Rawalpindi, PB, PAK
Pakistan Oilfields Ltd (POL) is principally engaged in the exploration, drilling, and production of crude oil and gas. It also manufactures LPG (Liquified Petrolium Gas), solvent oil and sulphur. It markets LPG under its own brand named POLGAS as well as through its subsidiary. The company generates the highest revenues from the sale of crude oil.

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