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Seplat Energy (NSA:SEPLAT) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 17, 2024)


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What is Seplat Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Seplat Energy's current share price is ₦3450.00. Seplat Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₦4,915.11. Seplat Energy's Cyclically Adjusted PB Ratio for today is 0.70.

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

NSA:SEPLAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.36   Max: 0.71
Current: 0.7

During the past years, Seplat Energy's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.24. And the median was 0.36.

NSA:SEPLAT's Cyclically Adjusted PB Ratio is ranked better than
60.12% of 830 companies
in the Oil & Gas industry
Industry Median: 0.99 vs NSA:SEPLAT: 0.70

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.

Seplat Energy's adjusted book value per share data for the three months ended in Mar. 2024 was ₦4,451.005. 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 ₦4,915.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seplat Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seplat Energy'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.

Seplat Energy Cyclically Adjusted PB Ratio Chart

Seplat Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.24 0.48

Seplat Energy 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 0.24 0.29 0.38 0.48 0.69

Competitive Comparison of Seplat Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Seplat Energy'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.


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

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

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



Seplat Energy 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.

Seplat Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3450.00/4915.11
=0.70

* 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.

Seplat Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Seplat Energy'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)
=4451.005/131.7762*131.7762
=4,451.005

Current CPI (Mar. 2024) = 131.7762.

Seplat Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,607.929 100.560 4,727.939
201409 3,800.834 100.428 4,987.259
201412 3,776.933 99.070 5,023.836
201503 3,839.390 99.621 5,078.645
201506 3,733.957 100.684 4,887.044
201509 3,810.228 100.392 5,001.393
201512 3,740.354 99.792 4,939.150
201603 3,692.676 100.470 4,843.285
201606 3,519.777 101.688 4,561.230
201609 3,432.664 101.861 4,440.791
201612 3,248.045 101.863 4,201.882
201703 3,201.128 102.862 4,100.948
201706 3,182.506 103.349 4,057.883
201709 3,244.668 104.136 4,105.897
201712 3,956.294 104.011 5,012.401
201803 3,830.298 105.290 4,793.850
201806 3,834.998 106.317 4,753.355
201809 3,949.642 106.507 4,886.724
201812 4,176.236 105.998 5,191.881
201903 4,268.321 107.251 5,244.387
201906 4,433.514 108.070 5,406.073
201909 4,605.500 108.329 5,602.314
201912 4,711.007 108.420 5,725.863
202003 4,441.389 108.902 5,374.300
202006 4,374.561 108.767 5,299.966
202009 4,442.036 109.815 5,330.375
202012 4,328.606 109.897 5,190.390
202103 4,418.322 111.754 5,209.904
202106 4,314.886 114.631 4,960.240
202109 4,305.832 115.734 4,902.662
202112 4,485.135 117.630 5,024.539
202203 4,530.733 121.301 4,921.994
202206 4,616.071 125.017 4,865.652
202209 4,571.082 125.227 4,810.163
202212 4,476.979 125.222 4,711.314
202303 4,626.766 127.348 4,787.657
202306 4,436.221 128.729 4,541.243
202309 4,406.608 129.860 4,471.649
202312 4,457.830 129.419 4,539.010
202403 4,451.005 131.776 4,451.005

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.


Seplat Energy  (NSA:SEPLAT) 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.


Seplat Energy Cyclically Adjusted PB Ratio Related Terms

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


Seplat Energy (NSA:SEPLAT) Business Description

Industry
Traded in Other Exchanges
Address
16A Temple Road (Olu Holloway), Ikoyi, Lagos, NGA
Seplat Energy PLC formerly SEPLAT Petroleum Development Company PLC is a Nigerian independent upstream oil and gas company which focuses on production and development opportunities in Nigeria. The company has two reportable segments namely Oil and Gas. Geographically, it derives a majority of revenue from Switzerland. The company's exploration assets include OMLs 4, 38 and 41 which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.

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