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LOGL (Legend Oil & Gas) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Legend Oil & Gas 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


Legend Oil & Gas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Legend Oil & Gas'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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Legend Oil & Gas Cyclically Adjusted PB Ratio Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Legend Oil & Gas's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Legend Oil & Gas'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.


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

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

* The bar in red indicates where Legend Oil & Gas's Cyclically Adjusted PB Ratio falls into.



Legend Oil & Gas 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.

Legend Oil & Gas's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec16 is calculated as:

For example, Legend Oil & Gas's adjusted Book Value per Share data for the fiscal year that ended in Dec16 was:

Adj_Book=Book Value per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=-0.007/101.8627*101.8627
=-0.007

Current CPI (Dec16) = 101.8627.

Legend Oil & Gas Annual Data

Book Value per Share CPI Adj_Book
200412 0.000 80.290 0.000
200812 -0.001 88.697 -0.001
200912 -0.001 91.111 -0.001
201012 0.012 92.474 0.013
201112 0.027 95.213 0.029
201212 -0.528 96.871 -0.555
201312 -0.026 98.326 -0.027
201412 -0.019 99.070 -0.020
201512 0.000 99.792 0.000
201612 -0.007 101.863 -0.007

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.


Legend Oil & Gas  (OTCPK:LOGL) 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.


Legend Oil & Gas Cyclically Adjusted PB Ratio Related Terms

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Legend Oil & Gas Business Description

Industry
Traded in Other Exchanges
N/A
Address
555 North Point Center East, Suite 410, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. It focuses is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment, as the oil and gas.
Executives
Neal P Kaufman director 14315 WEST HARDY ROAD, HOUSTON TX 77060
Hillair Capital Investments Lp 10 percent owner 345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Sean M Mcavoy 10 percent owner 345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Hillair Capital Management Llc 10 percent owner 345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
James Vandeberg 10 percent owner 10710 NE 10TH STREET #1307, BELLEVUE WA 98004
Steve S Sinohui director, 10 percent owner 2789 S. LAMAR STREET DENVER CO 80227

Legend Oil & Gas Headlines

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