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Oman Chromite CoOG (MUS:OCCI) Cyclically Adjusted PB Ratio : 1.89 (As of May. 01, 2025)


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What is Oman Chromite CoOG Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Oman Chromite CoOG's current share price is ر.ع3.06. Oman Chromite CoOG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ر.ع1.62. Oman Chromite CoOG's Cyclically Adjusted PB Ratio for today is 1.89.

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

MUS:OCCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.31   Max: 3.03
Current: 1.89

During the past years, Oman Chromite CoOG's highest Cyclically Adjusted PB Ratio was 3.03. The lowest was 1.19. And the median was 2.31.

MUS:OCCI's Cyclically Adjusted PB Ratio is ranked worse than
69.8% of 1533 companies
in the Metals & Mining industry
Industry Median: 0.91 vs MUS:OCCI: 1.89

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.

Oman Chromite CoOG's adjusted book value per share data for the three months ended in Dec. 2024 was ر.ع2.009. 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 ر.ع1.62 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oman Chromite CoOG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oman Chromite CoOG'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.

Oman Chromite CoOG Cyclically Adjusted PB Ratio Chart

Oman Chromite CoOG 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 - - 1.31 2.80 2.38

Oman Chromite CoOG Quarterly Data
Sep17 Dec17 Mar18 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Dec24
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 2.04 2.90 2.80 2.71 2.38

Competitive Comparison of Oman Chromite CoOG's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Oman Chromite CoOG'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.


Oman Chromite CoOG's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oman Chromite CoOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Oman Chromite CoOG 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.

Oman Chromite CoOG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.06/1.62
=1.89

* 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.

Oman Chromite CoOG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Oman Chromite CoOG's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.009/133.1571*133.1571
=2.009

Current CPI (Dec. 2024) = 133.1571.

Oman Chromite CoOG Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 97.633 0.000
201212 1.305 96.871 1.794
201303 1.272 98.209 1.725
201306 1.298 98.518 1.754
201309 1.282 98.790 1.728
201312 1.364 98.326 1.847
201403 1.284 99.695 1.715
201406 1.310 100.560 1.735
201409 1.367 100.428 1.813
201412 1.322 99.070 1.777
201503 1.225 99.621 1.637
201506 1.262 100.684 1.669
201509 1.229 100.392 1.630
201512 1.185 99.792 1.581
201603 1.086 100.470 1.439
201606 1.081 101.688 1.416
201609 1.118 101.861 1.461
201612 1.242 101.863 1.624
201703 1.137 102.862 1.472
201706 1.189 103.349 1.532
201709 1.211 104.136 1.548
201712 1.272 104.011 1.628
201803 1.170 105.290 1.480
201812 1.267 105.998 1.592
201912 1.245 108.420 1.529
202012 0.952 109.897 1.153
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 1.064 117.630 1.204
202203 1.126 121.301 1.236
202206 1.262 125.017 1.344
202209 1.448 125.227 1.540
202212 1.484 125.222 1.578
202303 1.545 127.348 1.615
202306 1.768 128.729 1.829
202309 1.808 129.860 1.854
202312 1.798 129.419 1.850
202403 1.786 131.776 1.805
202412 2.009 133.157 2.009

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.


Oman Chromite CoOG  (MUS:OCCI) 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.


Oman Chromite CoOG Cyclically Adjusted PB Ratio Related Terms

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


Oman Chromite CoOG Business Description

Traded in Other Exchanges
N/A
Address
NBO Building, 2nd Floor, Sohar, OMN
Oman Chromite Co SAOG is engaged in the business of mining and marketing of chromite ore. The company extracts two types of chrome ore, namely metallic and refractory ore available from the mines in the north of the Sultanate. The company's products include Metallurgical grade ore and Refractory grade ore. Geographically presence in GCC (Oman), East Asia, Europe, South Africa, and Others.