Gazprom Neft PJSC (XTER:SCF) Cyclically Adjusted PB Ratio: 1.39 (As of Jul. 11, 2026)


XTER:SCF Gazprom Neft PJSC XTER:SCF
17 GF Score
Price €12.52
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What is Gazprom Neft PJSC Cyclically Adjusted PB Ratio?

Gazprom Neft PJSC XTER:SCF 17 Cyclically Adjusted PB Ratio is 1.39 as of Jul. 11, 2026. GuruFocus rates XTER:SCF with a GF Score™ of 17/100.

As of today (2026-07-11), Gazprom Neft PJSC's current share price is €12.52. Gazprom Neft PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 was €9.03. Gazprom Neft PJSC's Cyclically Adjusted PB Ratio for today is 1.39.

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

XTER:SCF's Cyclically Adjusted PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.18
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Gazprom Neft PJSC's adjusted book value per share data of for the fiscal year that ended in Dec21 was €29.786. 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 €9.03 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gazprom Neft PJSC  (XTER:SCF) 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.


Gazprom Neft PJSC Cyclically Adjusted PB Ratio Related Terms


Gazprom Neft PJSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gazprom Neft PJSC'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.

Gazprom Neft PJSC Cyclically Adjusted PB Ratio Chart

Gazprom Neft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.26 1.39 0.93 1.39

Gazprom Neft PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 0.93 1.18 1.39 0.00 1.14

XTER:SCF vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, Gazprom Neft PJSC'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.


Gazprom Neft PJSC Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Gazprom Neft PJSC's Cyclically Adjusted PB Ratio falls into.


XTER:SCF
17GF Score
Gazprom Neft PJSC XTER:SCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gazprom Neft PJSC 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.

Gazprom Neft PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.52/9.03
=1.39

* 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.

Gazprom Neft PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Gazprom Neft PJSC's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=29.786/207.2000*207.2000
=29.786

Current CPI (Dec21) = 207.2000.

Gazprom Neft PJSC Annual Data

Book Value per Share CPI Adj_Book
201212 22.003 117.300 38.866
201312 22.549 124.900 37.407
201412 16.195 139.000 24.141
201512 15.297 157.000 20.188
201612 22.644 165.400 28.367
201712 24.160 169.600 29.516
201812 24.656 176.800 28.895
201912 31.662 182.200 36.006
202012 24.369 191.100 26.422
202112 29.786 207.200 29.786

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 1.39 mean?
Gazprom Neft PJSC (XTER:SCF) has a Cyclically Adjusted PB Ratio of 1.39 as of Jul. 11, 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 Gazprom Neft PJSC and its competitors.
Is Gazprom Neft PJSC's Cyclically Adjusted PB Ratio too high?
Gazprom Neft PJSC's current Cyclically Adjusted PB Ratio is 1.39. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Gazprom Neft PJSC's value of 1.39 is 17.8% above this industry median. Overall, Gazprom Neft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom Neft PJSC's Cyclically Adjusted PB Ratio compare to XOM and CVX?
Gazprom Neft PJSC's Cyclically Adjusted PB Ratio of 1.39 can be compared against companies in the Oil & Gas industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Gazprom Neft PJSC's value of 1.39 is 17.8% above this benchmark. 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 1.18, based on 772 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. Gazprom Neft PJSC's current Cyclically Adjusted PB Ratio of 1.39 is 17.8% 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 Gazprom Neft PJSC and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gazprom Neft PJSC's current Cyclically Adjusted PB Ratio is 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom Neft PJSC stock overvalued right now?
Gazprom Neft PJSC (XTER:SCF) has a current Cyclically Adjusted PB Ratio of 1.39. The current Cyclically Adjusted PB Ratio is 1.39 and 17.8% above the Oil & Gas industry median of 1.18. Gazprom Neft PJSC's overall GF Score™ is 17/100. 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 Gazprom Neft PJSC (XTER:SCF), the current Cyclically Adjusted PB Ratio is 1.39 as of Jul. 11, 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.

Gazprom Neft PJSC Business Description

Industry EnergyOil & Gas
Address 3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.
17GF Score

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

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