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Pakistan Petroleum (Pakistan Petroleum) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Pakistan Petroleum 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.

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Pakistan Petroleum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pakistan Petroleum'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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Pakistan Petroleum Cyclically Adjusted PB Ratio Chart

Pakistan Petroleum Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.94 0.61 0.48

Pakistan Petroleum 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 0.54 0.48 0.58 0.88 0.79

Competitive Comparison of Pakistan Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Pakistan Petroleum'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.


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

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

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



Pakistan Petroleum 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.

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

For example, Pakistan Petroleum'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)
=11.381/131.7762*131.7762
=11.381

Current CPI (Mar. 2024) = 131.7762.

Pakistan Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.162 100.560 4.144
201409 3.573 100.428 4.688
201412 3.458 99.070 4.600
201503 3.442 99.621 4.553
201506 3.424 100.684 4.481
201509 3.490 100.392 4.581
201512 3.605 99.792 4.760
201603 3.594 100.470 4.714
201606 3.508 101.688 4.546
201609 3.607 101.861 4.666
201612 3.706 101.863 4.794
201703 3.605 102.862 4.618
201706 3.917 103.349 4.994
201709 4.157 104.136 5.260
201712 4.114 104.011 5.212
201803 4.177 105.290 5.228
201806 4.378 106.317 5.426
201809 4.632 106.507 5.731
201812 4.891 105.998 6.080
201903 5.143 107.251 6.319
201906 5.430 108.070 6.621
201909 5.687 108.329 6.918
201912 5.787 108.420 7.034
202003 6.048 108.902 7.318
202006 6.251 108.767 7.573
202009 6.511 109.815 7.813
202012 6.675 109.897 8.004
202103 6.817 111.754 8.038
202106 7.082 114.631 8.141
202109 7.393 115.734 8.418
202112 7.559 117.630 8.468
202203 7.858 121.301 8.537
202206 7.916 125.017 8.344
202209 8.413 125.227 8.853
202212 8.791 125.222 9.251
202303 9.361 127.348 9.687
202306 9.849 128.729 10.082
202309 10.397 129.860 10.550
202312 11.014 129.419 11.215
202403 11.381 131.776 11.381

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.


Pakistan Petroleum  (OTCPK:PKKKY) 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.


Pakistan Petroleum Cyclically Adjusted PB Ratio Related Terms

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Pakistan Petroleum (Pakistan Petroleum) Business Description

Traded in Other Exchanges
Address
Dr. Ziauddin Ahmed Road, P.O. Box 3942, 4th Floor, PIDC House, Karachi, SD, PAK, 75530
Pakistan Petroleum Ltd, or PPL is a Pakistan-based company operates in the natural gas industry. The company along with its subsidiaries is engaged in conducting exploration, prospecting, development, and production of oil and natural gas resources. It operates several producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur and Shahdadpur West.

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