GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SNGN Romgaz SA (GREY:SCNQY) » Definitions » Cyclically Adjusted PB Ratio

SNGN Romgaz (SNGN Romgaz) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


View and export this data going back to 2015. Start your Free Trial

What is SNGN Romgaz 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


SNGN Romgaz Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SNGN Romgaz'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.

SNGN Romgaz Cyclically Adjusted PB Ratio Chart

SNGN Romgaz Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.40

SNGN Romgaz Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.47 1.40 1.44 1.59 1.61

Competitive Comparison of SNGN Romgaz's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.


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

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

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



SNGN Romgaz 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.

SNGN Romgaz's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, SNGN Romgaz's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=6.34/129.8595*129.8595
=6.340

Current CPI (Sep. 2023) = 129.8595.

SNGN Romgaz Quarterly Data

Book Value per Share CPI Adj_Book
201312 5.198 98.326 6.865
201403 5.538 99.695 7.214
201406 5.131 100.560 6.626
201409 5.267 100.428 6.811
201412 5.432 99.070 7.120
201503 5.747 99.621 7.491
201506 5.182 100.684 6.684
201509 5.299 100.392 6.854
201512 5.421 99.792 7.054
201603 5.695 100.470 7.361
201606 5.183 101.688 6.619
201609 5.238 101.861 6.678
201612 5.240 101.863 6.680
201703 5.729 102.862 7.233
201706 5.074 103.349 6.376
201709 5.251 104.136 6.548
201712 5.020 104.011 6.268
201803 5.478 105.290 6.756
201806 4.391 106.317 5.363
201809 4.519 106.507 5.510
201812 4.289 105.998 5.255
201903 4.592 107.251 5.560
201906 3.936 108.070 4.730
201909 3,737.347 108.329 4,480.132
201912 4.013 108.420 4.807
202003 4,382.892 108.902 5,226.376
202006 4,150.424 108.767 4,955.276
202009 4,577.567 109.815 5,413.114
202012 4.356 109.897 5.147
202103 4,608.189 111.754 5,354.752
202106 4.551 114.631 5.156
202109 4,504.678 115.734 5,054.467
202112 5.023 117.630 5.545
202203 5,477.946 121.301 5,864.447
202206 5.091 125.017 5.288
202209 5.359 125.227 5.557
202212 5.636 125.222 5.845
202303 6,137.711 127.348 6,258.766
202306 5.978 128.729 6.031
202309 6.340 129.860 6.340

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.


SNGN Romgaz  (GREY:SCNQY) 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.


SNGN Romgaz Cyclically Adjusted PB Ratio Related Terms

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


SNGN Romgaz (SNGN Romgaz) Business Description

Industry
Traded in Other Exchanges
Address
4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130
SNGN Romgaz SA acts as a natural gas producer and the main supplier in Romania. It holds interests in nearly 8 onshore exploration blocks located across Transylvania, Moldova, Oltenia, and Muntenia basins. The company operates through seven segments: Natural gas exploration & production, UGS activity, Natural gas supply, Special operations & services, Maintenance & transportation services, Electricity generation & supply, and Natural gas supply.