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Seplat Energy (Seplat Energy) Cyclically Adjusted PB Ratio : 1.12 (As of Jun. 03, 2024)


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What is Seplat Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Seplat Energy's current share price is $3.00. Seplat Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.67. Seplat Energy's Cyclically Adjusted PB Ratio for today is 1.12.

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

SEPLF' 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.

SEPLF's Cyclically Adjusted PB Ratio is ranked better than
60.8% of 824 companies
in the Oil & Gas industry
Industry Median: 1.03 vs SEPLF: 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 $3.001. 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 $2.67 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
=3.00/2.67
=1.12

* 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)
=3.001/131.7762*131.7762
=3.001

Current CPI (Mar. 2024) = 131.7762.

Seplat Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.433 100.560 3.188
201409 2.563 100.428 3.363
201412 2.547 99.070 3.388
201503 2.589 99.621 3.425
201506 2.518 100.684 3.296
201509 2.569 100.392 3.372
201512 2.522 99.792 3.330
201603 2.490 100.470 3.266
201606 2.373 101.688 3.075
201609 2.315 101.861 2.995
201612 2.190 101.863 2.833
201703 2.158 102.862 2.765
201706 2.146 103.349 2.736
201709 2.188 104.136 2.769
201712 2.668 104.011 3.380
201803 2.583 105.290 3.233
201806 2.586 106.317 3.205
201809 2.663 106.507 3.295
201812 2.816 105.998 3.501
201903 2.878 107.251 3.536
201906 2.989 108.070 3.645
201909 3.105 108.329 3.777
201912 3.177 108.420 3.861
202003 2.995 108.902 3.624
202006 2.950 108.767 3.574
202009 2.995 109.815 3.594
202012 2.919 109.897 3.500
202103 2.979 111.754 3.513
202106 2.909 114.631 3.344
202109 2.903 115.734 3.305
202112 3.024 117.630 3.388
202203 3.055 121.301 3.319
202206 3.113 125.017 3.281
202209 3.082 125.227 3.243
202212 3.019 125.222 3.177
202303 3.120 127.348 3.228
202306 2.991 128.729 3.062
202309 2.971 129.860 3.015
202312 3.006 129.419 3.061
202403 3.001 131.776 3.001

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  (OTCPK:SEPLF) 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 (Seplat Energy) 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.