TotalEnergies Marketing Ghana (XGHA:TOTAL) Cyclically Adjusted PB Ratio: 10.73 (As of Jul. 28, 2026) — 11% Above Median

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XGHA:TOTAL TotalEnergies Marketing Ghana PLC XGHA:TOTAL
98 GF Score
Price GHS40.12
GF Value GHS13.07
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is TotalEnergies Marketing Ghana Cyclically Adjusted PB Ratio?

TotalEnergies Marketing Ghana XGHA:TOTAL +0.30% 98 Cyclically Adjusted PB Ratio is 10.73 as of Jul. 28, 2026, which is 11% above its 10-year median of 9.63. GuruFocus rates XGHA:TOTAL with a GF Score™ of 98/100 and a GF Value™ of GHS13.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 766 Oil & Gas companies, TotalEnergies Marketing Ghana ranks worse than 97.52% on this metric.

As of today (2026-07-28), TotalEnergies Marketing Ghana's current share price is GHS40.12. TotalEnergies Marketing Ghana's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was GHS3.74. TotalEnergies Marketing Ghana's Cyclically Adjusted PB Ratio for today is 10.73.

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

XGHA:TOTAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.96   Med: 9.63   Max: 10.78
Current: 10.71

During the past 11 years, TotalEnergies Marketing Ghana's highest Cyclically Adjusted PB Ratio was 10.78. The lowest was 3.96. And the median was 9.63.

XGHA:TOTAL's Cyclically Adjusted PB Ratio is ranked worse than
97.52% of 766 companies
in the Oil & Gas industry
Industry Median: 1.21 vs XGHA:TOTAL: 10.71

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.

TotalEnergies Marketing Ghana's adjusted book value per share data of for the fiscal year that ended in Dec25 was GHS5.094. 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 GHS3.74 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


TotalEnergies Marketing Ghana  (XGHA:TOTAL) 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.


TotalEnergies Marketing Ghana Cyclically Adjusted PB Ratio Related Terms


TotalEnergies Marketing Ghana Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TotalEnergies Marketing Ghana'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.

TotalEnergies Marketing Ghana Cyclically Adjusted PB Ratio Chart

TotalEnergies Marketing Ghana Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3.96 10.79

TotalEnergies Marketing Ghana Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.96 0.00 0.00 0.00 10.79

XGHA:TOTAL vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, TotalEnergies Marketing Ghana'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.


TotalEnergies Marketing Ghana Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where TotalEnergies Marketing Ghana's Cyclically Adjusted PB Ratio falls into.


XGHA:TOTAL
98GF Score
TotalEnergies Marketing Ghana PLC XGHA:TOTAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TotalEnergies Marketing Ghana 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.

TotalEnergies Marketing Ghana's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.12/3.74
=10.73

* 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.

TotalEnergies Marketing Ghana's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, TotalEnergies Marketing Ghana's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=5.094/324.0540*324.0540
=5.094

Current CPI (Dec25) = 324.0540.

TotalEnergies Marketing Ghana Annual Data

Book Value per Share CPI Adj_Book
201612 1.335 241.432 1.792
201712 1.469 246.524 1.931
201812 1.757 251.233 2.266
201912 2.281 256.974 2.876
202012 3.123 260.474 3.885
202112 3.825 278.802 4.446
202212 4.112 296.797 4.490
202312 4.515 306.746 4.770
202412 5.653 315.605 5.804
202512 5.094 324.054 5.094

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.

What does a Cyclically Adjusted PB Ratio of 10.73 mean?
TotalEnergies Marketing Ghana (XGHA:TOTAL) has a Cyclically Adjusted PB Ratio of 10.73 as of Jul. 28, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on TotalEnergies Marketing Ghana and its competitors. This is 11% above median its historical median of 9.63. Over the past decade, TotalEnergies Marketing Ghana's Cyclically Adjusted PB Ratio has ranged from 3.96 to 10.78. According to the industry distribution chart, TotalEnergies Marketing Ghana ranks #747 out of 766 companies in the Oil & Gas industry, placing it in the top 97.5%.
Is TotalEnergies Marketing Ghana's Cyclically Adjusted PB Ratio too high?
TotalEnergies Marketing Ghana's current Cyclically Adjusted PB Ratio of 10.73 is 11% above median its 10-year median of 9.63. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 10.78. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. TotalEnergies Marketing Ghana's value of 10.73 is 786.8% above this industry median. Based on the distribution chart, TotalEnergies Marketing Ghana ranks #747 out of 766 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TotalEnergies Marketing Ghana has a GF Score™ of 98/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies Marketing Ghana's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, TotalEnergies Marketing Ghana ranks #747 out of 766 companies for Cyclically Adjusted PB Ratio. This places TotalEnergies Marketing Ghana in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. TotalEnergies Marketing Ghana's value of 10.73 is 786.8% above this benchmark. Historically, TotalEnergies Marketing Ghana's own Cyclically Adjusted PB Ratio has ranged from 3.96 to 10.78 over the past decade. While the company's 10-year median is 9.63 vs. the industry median of 1.21, TotalEnergies Marketing Ghana has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 766 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TotalEnergies Marketing Ghana's current Cyclically Adjusted PB Ratio of 10.73 is 786.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on TotalEnergies Marketing Ghana and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TotalEnergies Marketing Ghana's current Cyclically Adjusted PB Ratio is 10.73, which is 11% above median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies Marketing Ghana stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies Marketing Ghana (XGHA:TOTAL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS13.07, compared to a current price of GHS40.12 — trading 207% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.73, which is 11% above median its 10-year median of 9.63 and 786.8% above the Oil & Gas industry median of 1.21. TotalEnergies Marketing Ghana's overall GF Score™ is 98/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For TotalEnergies Marketing Ghana (XGHA:TOTAL), the current Cyclically Adjusted PB Ratio is 10.73 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TotalEnergies Marketing Ghana (XGHA:TOTAL) Overvalued in 2026?

Based on GuruFocus' analysis, TotalEnergies Marketing Ghana stock appears to be overvalued. The current stock price of GHS40.12 is trading 207% above its estimated GF Value™ of GHS13.07. GuruFocus considers TotalEnergies Marketing Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:TOTAL:

  • Cyclically Adjusted PB Ratio: 10.73 (11% above median its 10-year median of 9.63)
  • GF Value™: GHS13.07 vs. price of GHS40.12 (207% above fair value)
  • GF Score™: 98/100 with 7 warning signs
  • Industry Position: 786.8% above the Oil & Gas median (#747 of 766)

No single metric tells the full story. See the XGHA:TOTAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TotalEnergies Marketing Ghana Business Description

Industry EnergyOil & Gas
Address No. 25 Liberia Road, P.O. Box 553, Total Energies House, Accra, GHA
TotalEnergies Marketing Ghana PLC is authorised to carry on the business of marketing petroleum and allied products. It has Single operating segment.
98GF Score

Get the complete analysis for XGHA:TOTAL

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS40.12
Price
GHS13.07
GF Value