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Pakistan Petroleum (KAR:PPL) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 22, 2024)


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What is Pakistan Petroleum Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Pakistan Petroleum's current share price is ₨119.59. Pakistan Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨137.06. Pakistan Petroleum's Cyclically Adjusted PB Ratio for today is 0.87.

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

KAR:PPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.71   Max: 1.08
Current: 0.87

During the past years, Pakistan Petroleum's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.45. And the median was 0.71.

KAR:PPL's Cyclically Adjusted PB Ratio is ranked better than
53.92% of 829 companies
in the Oil & Gas industry
Industry Median: 0.99 vs KAR:PPL: 0.87

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 Petroleum's adjusted book value per share data for the three months ended in Mar. 2024 was ₨229.673. 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 ₨137.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Petroleum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pakistan Petroleum'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 Petroleum Cyclically Adjusted PB Ratio Chart

Pakistan Petroleum 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 - - 0.94 0.61 0.48

Pakistan Petroleum 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 0.54 0.48 0.58 0.88 0.77

Competitive Comparison of Pakistan Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Pakistan Petroleum'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 Petroleum's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=119.59/137.06
=0.87

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

For example, Pakistan Petroleum'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)
=229.673/131.7762*131.7762
=229.673

Current CPI (Mar. 2024) = 131.7762.

Pakistan Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201406 63.816 100.560 83.626
201409 72.104 100.428 94.611
201412 69.767 99.070 92.800
201503 69.471 99.621 91.894
201506 69.100 100.684 90.439
201509 70.445 100.392 92.468
201512 72.772 99.792 96.096
201603 72.534 100.470 95.135
201606 70.801 101.688 91.750
201609 72.790 101.861 94.167
201612 74.852 101.863 96.833
201703 72.752 102.862 93.202
201706 79.061 103.349 100.807
201709 83.901 104.136 106.171
201712 83.039 104.011 105.206
201803 84.302 105.290 105.509
201806 88.369 106.317 109.530
201809 93.491 106.507 115.672
201812 98.720 105.998 122.728
201903 103.796 107.251 127.532
201906 109.595 108.070 133.636
201909 114.771 108.329 139.612
201912 116.800 108.420 141.961
202003 122.063 108.902 147.702
202006 126.162 108.767 152.851
202009 131.404 109.815 157.683
202012 134.712 109.897 161.532
202103 137.586 111.754 162.236
202106 142.929 114.631 164.306
202109 149.191 115.734 169.870
202112 152.552 117.630 170.899
202203 158.591 121.301 172.286
202206 159.750 125.017 168.387
202209 169.790 125.227 178.670
202212 177.407 125.222 186.693
202303 188.911 127.348 195.480
202306 198.763 128.729 203.468
202309 209.827 129.860 212.924
202312 222.273 129.419 226.321
202403 229.673 131.776 229.673

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 Petroleum  (KAR:PPL) 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 Petroleum Cyclically Adjusted PB Ratio Related Terms

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


Pakistan Petroleum (KAR:PPL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dr. Ziauddin Ahmed Road, P.O. Box 3942, 4th Floor, PIDC House, Karachi, SD, PAK, 75530
Pakistan Petroleum Ltd, or PPL is a Pakistan-based company operates in the natural gas industry. The company along with its subsidiaries is engaged in conducting exploration, prospecting, development, and production of oil and natural gas resources. It operates several producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur and Shahdadpur West.

Pakistan Petroleum (KAR:PPL) Headlines