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CVR Energy (STU:FL9) Cyclically Adjusted PB Ratio : 2.44 (As of May. 23, 2024)


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What is CVR Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-23), CVR Energy's current share price is €27.43. CVR Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.26. CVR Energy's Cyclically Adjusted PB Ratio for today is 2.44.

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

STU:FL9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.28   Max: 4.2
Current: 2.41

During the past years, CVR Energy's highest Cyclically Adjusted PB Ratio was 4.20. The lowest was 0.70. And the median was 2.28.

STU:FL9's Cyclically Adjusted PB Ratio is ranked worse than
80.12% of 820 companies
in the Oil & Gas industry
Industry Median: 1 vs STU:FL9: 2.41

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.

CVR Energy's adjusted book value per share data for the three months ended in Mar. 2024 was €8.044. 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 €11.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVR Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CVR 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.

CVR Energy Cyclically Adjusted PB Ratio Chart

CVR 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 2.78 0.99 1.24 2.40 2.45

CVR 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 2.54 2.35 2.69 2.45 2.89

Competitive Comparison of CVR Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, CVR 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.


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

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

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



CVR 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.43/11.26
=2.44

* 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.

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

For example, CVR 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)
=8.044/131.7762*131.7762
=8.044

Current CPI (Mar. 2024) = 131.7762.

CVR Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.195 100.560 14.670
201409 9.882 100.428 12.967
201412 9.229 99.070 12.276
201503 10.636 99.621 14.069
201506 10.856 100.684 14.208
201509 11.005 100.392 14.445
201512 10.404 99.792 13.739
201603 9.561 100.470 12.540
201606 9.560 101.688 12.389
201609 9.178 101.861 11.873
201612 9.369 101.863 12.120
201703 9.012 102.862 11.545
201706 8.026 103.349 10.234
201709 7.361 104.136 9.315
201712 8.943 104.011 11.330
201803 8.795 105.290 11.007
201806 8.705 106.317 10.790
201809 10.562 106.507 13.068
201812 11.244 105.998 13.978
201903 11.823 107.251 14.527
201906 12.184 108.070 14.857
201909 12.907 108.329 15.701
201912 12.471 108.420 15.158
202003 11.028 108.902 13.344
202006 10.423 108.767 12.628
202009 9.155 109.815 10.986
202012 8.332 109.897 9.991
202103 8.197 111.754 9.666
202106 3.988 114.631 4.584
202109 4.794 115.734 5.458
202112 4.868 117.630 5.453
202203 5.817 121.301 6.319
202206 7.236 125.017 7.627
202209 5.626 125.227 5.920
202212 4.986 125.222 5.247
202303 6.271 127.348 6.489
202306 6.932 128.729 7.096
202309 8.920 129.860 9.052
202312 7.726 129.419 7.867
202403 8.044 131.776 8.044

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.


CVR Energy  (STU:FL9) 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.


CVR Energy Cyclically Adjusted PB Ratio Related Terms

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


CVR Energy (STU:FL9) Business Description

Industry
Traded in Other Exchanges
Address
2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

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