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The historical rank and industry rank for Transneft PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:
MIC:TRNFP's Cyclically Adjusted PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.21 * Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.
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.
Transneft PJSC's adjusted book value per share data for the three months ended in Dec. 2023 was ₽3,707.280. 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 ₽3,661.42 for the trailing ten years ended in Dec. 2023.
Shiller PE for Stocks: The True Measure of Stock Valuation
Transneft PJSC (MIC:TRNFP) 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.
Transneft PJSC Cyclically Adjusted PB Ratio Related Terms
Transneft PJSC Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Transneft PJSC'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.
MIC:TRNFP vs EPD, WMB, ET: Cyclically Adjusted PB Ratio Comparison
For the Oil & Gas Midstream subindustry, Transneft PJSC'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.
Transneft PJSC Cyclically Adjusted PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Transneft PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Transneft PJSC's Cyclically Adjusted PB Ratio falls into.
Transneft PJSC 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.
Transneft PJSC's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.30 mean?
Transneft PJSC (MIC:TRNFP) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 28, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Transneft PJSC and its competitors.
Is Transneft PJSC's Cyclically Adjusted PB Ratio too high?
Transneft PJSC's current Cyclically Adjusted PB Ratio is 0.30. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Transneft PJSC's value of 0.30 is 75.2% below this industry median. Overall, Transneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Transneft PJSC's Cyclically Adjusted PB Ratio compare to EPD and WMB?
Transneft PJSC's Cyclically Adjusted PB Ratio of 0.30 can be compared against companies in the Oil & Gas industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Transneft PJSC's value of 0.30 is 75.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 766 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transneft PJSC's current Cyclically Adjusted PB Ratio of 0.30 is 75.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Transneft PJSC and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transneft PJSC's current Cyclically Adjusted PB Ratio is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transneft PJSC stock overvalued right now?
Transneft PJSC (MIC:TRNFP) has a current Cyclically Adjusted PB Ratio of 0.30. The current Cyclically Adjusted PB Ratio is 0.30 and 75.2% below the Oil & Gas industry median of 1.21. Transneft PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Transneft PJSC (MIC:TRNFP), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.
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