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Gulf Petroleum Investment Co KSCC (KUW:GPI) Cyclically Adjusted PB Ratio : 0.14 (As of Sep. 21, 2024)


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What is Gulf Petroleum Investment Co KSCC Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Gulf Petroleum Investment Co KSCC's current share price is KWD0.0135. Gulf Petroleum Investment Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.10. Gulf Petroleum Investment Co KSCC's Cyclically Adjusted PB Ratio for today is 0.14.

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

KUW:GPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.14   Max: 0.14
Current: 0.13

During the past years, Gulf Petroleum Investment Co KSCC's highest Cyclically Adjusted PB Ratio was 0.14. The lowest was 0.13. And the median was 0.14.

KUW:GPI's Cyclically Adjusted PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 0.92 vs KUW:GPI: 0.13

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.

Gulf Petroleum Investment Co KSCC's adjusted book value per share data for the three months ended in Mar. 2024 was KWD0.060. 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 KWD0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Petroleum Investment Co KSCC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gulf Petroleum Investment Co KSCC'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.

Gulf Petroleum Investment Co KSCC Cyclically Adjusted PB Ratio Chart

Gulf Petroleum Investment Co KSCC Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.13

Gulf Petroleum Investment Co KSCC 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 - - - 0.13 0.13

Competitive Comparison of Gulf Petroleum Investment Co KSCC's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Gulf Petroleum Investment Co KSCC'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.


Gulf Petroleum Investment Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gulf Petroleum Investment Co KSCC's Cyclically Adjusted PB Ratio falls into.



Gulf Petroleum Investment Co KSCC 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.

Gulf Petroleum Investment Co KSCC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0135/0.1
=0.14

* 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.

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

For example, Gulf Petroleum Investment Co KSCC'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)
=0.06/131.7762*131.7762
=0.060

Current CPI (Mar. 2024) = 131.7762.

Gulf Petroleum Investment Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201012 0.086 92.474 0.123
201103 0.000 94.283 0.000
201109 0.084 95.727 0.116
201112 0.099 95.213 0.137
201203 0.085 96.783 0.116
201206 0.089 96.819 0.121
201209 0.091 97.633 0.123
201212 0.107 96.871 0.146
201303 0.109 98.209 0.146
201609 0.000 101.861 0.000
201612 0.109 101.863 0.141
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.097 104.136 0.123
201712 0.099 104.011 0.125
201803 0.098 105.290 0.123
201806 0.097 106.317 0.120
201809 0.095 106.507 0.118
201812 0.093 105.998 0.116
201903 0.093 107.251 0.114
201906 0.092 108.070 0.112
201909 0.091 108.329 0.111
201912 0.090 108.420 0.109
202003 0.091 108.902 0.110
202006 0.090 108.767 0.109
202009 0.089 109.815 0.107
202012 0.074 109.897 0.089
202103 0.073 111.754 0.086
202106 0.073 114.631 0.084
202109 0.072 115.734 0.082
202112 0.071 117.630 0.080
202203 0.071 121.301 0.077
202206 0.071 125.017 0.075
202209 0.071 125.227 0.075
202212 0.049 125.222 0.052
202303 0.072 127.348 0.075
202306 0.068 128.729 0.070
202309 0.068 129.860 0.069
202312 0.041 129.419 0.042
202403 0.060 131.776 0.060

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.


Gulf Petroleum Investment Co KSCC  (KUW:GPI) 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.


Gulf Petroleum Investment Co KSCC Cyclically Adjusted PB Ratio Related Terms

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Gulf Petroleum Investment Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Al-Qibla, Block 5, Building 4, Floor 16, Office 10, Behbehani Real Estate Company, Kuwait City, KWT, 13086
Gulf Petroleum Investment Co KSCC is a company operating in the oil industry. It mainly focuses on services in the Oil, Gas and Petrochemical sectors with activities including Engineering and consulting for upstream and downstream related projects, Oilfield services drilling and Supply of all equipment.