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Schlumberger (MEX:SLBN) Cyclically Adjusted PB Ratio : 1.34 (As of May. 25, 2025)


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What is Schlumberger Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Schlumberger's current share price is MXN644.90. Schlumberger's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN482.51. Schlumberger's Cyclically Adjusted PB Ratio for today is 1.34.

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

MEX:SLBN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.81   Max: 4.58
Current: 1.43

During the past years, Schlumberger's highest Cyclically Adjusted PB Ratio was 4.58. The lowest was 0.48. And the median was 1.81.

MEX:SLBN's Cyclically Adjusted PB Ratio is ranked worse than
66.24% of 776 companies
in the Oil & Gas industry
Industry Median: 0.89 vs MEX:SLBN: 1.43

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.

Schlumberger's adjusted book value per share data for the three months ended in Mar. 2025 was MXN293.525. 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 MXN482.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schlumberger Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schlumberger'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.

Schlumberger Cyclically Adjusted PB Ratio Chart

Schlumberger Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.09 1.97 2.03 1.61

Schlumberger Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.15 1.89 1.72 1.61 1.78

Competitive Comparison of Schlumberger's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Schlumberger'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.


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

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

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


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Schlumberger 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.

Schlumberger's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=644.90/482.51
=1.34

* 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.

Schlumberger's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Schlumberger's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=293.525/134.9266*134.9266
=293.525

Current CPI (Mar. 2025) = 134.9266.

Schlumberger Quarterly Data

Book Value per Share CPI Adj_Book
201506 470.725 100.684 630.819
201509 508.386 100.392 683.273
201512 487.683 99.792 659.383
201603 486.028 100.470 652.711
201606 566.629 101.688 751.841
201609 586.941 101.861 777.471
201612 608.711 101.863 806.294
201703 550.258 102.862 721.785
201706 515.963 103.349 673.611
201709 518.437 104.136 671.729
201712 522.828 104.011 678.230
201803 484.300 105.290 620.622
201806 517.941 106.317 657.319
201809 493.464 106.507 625.138
201812 513.420 105.998 653.541
201903 505.606 107.251 636.078
201906 497.957 108.070 621.708
201909 341.010 108.329 424.735
201912 323.661 108.420 402.790
202003 262.913 108.902 325.744
202006 200.208 108.767 248.359
202009 189.499 109.815 232.832
202012 172.457 109.897 211.735
202103 183.355 111.754 221.374
202106 181.661 114.631 213.824
202109 195.881 115.734 228.364
202112 219.322 117.630 251.573
202203 216.189 121.301 240.473
202206 232.204 125.017 250.610
202209 243.977 125.227 262.876
202212 242.775 125.222 261.590
202303 228.491 127.348 242.089
202306 224.470 128.729 235.278
202309 237.233 129.860 246.490
202312 240.149 129.419 250.368
202403 240.769 131.776 246.525
202406 271.878 132.554 276.745
202409 299.938 133.029 304.217
202412 314.581 133.157 318.761
202503 293.525 134.927 293.525

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.


Schlumberger  (MEX:SLBN) 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.


Schlumberger Cyclically Adjusted PB Ratio Related Terms

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


Schlumberger Business Description

Industry
Address
5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts roughly $3 billion in digital-related revenue.

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