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Barnwell Industries (Barnwell Industries) Cyclically Adjusted PB Ratio : 1.58 (As of May. 15, 2024)


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What is Barnwell Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Barnwell Industries's current share price is $2.778. Barnwell Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.76. Barnwell Industries's Cyclically Adjusted PB Ratio for today is 1.58.

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

BRN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.52   Max: 1.77
Current: 1.58

During the past years, Barnwell Industries's highest Cyclically Adjusted PB Ratio was 1.77. The lowest was 0.12. And the median was 0.52.

BRN's Cyclically Adjusted PB Ratio is ranked worse than
67.98% of 815 companies
in the Oil & Gas industry
Industry Median: 0.99 vs BRN: 1.58

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.

Barnwell Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $1.815. 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 $1.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barnwell Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barnwell Industries'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.

Barnwell Industries Cyclically Adjusted PB Ratio Chart

Barnwell Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.34 1.44 1.39 1.47

Barnwell Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.60 1.20 1.40 1.47 1.38

Competitive Comparison of Barnwell Industries's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Barnwell Industries'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.


Barnwell Industries's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Barnwell Industries 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.

Barnwell Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.778/1.76
=1.58

* 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.

Barnwell Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Barnwell Industries's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.815/129.4194*129.4194
=1.815

Current CPI (Dec. 2023) = 129.4194.

Barnwell Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.271 99.695 2.948
201406 2.289 100.560 2.946
201409 2.319 100.428 2.988
201412 2.218 99.070 2.897
201503 1.885 99.621 2.449
201506 2.021 100.684 2.598
201509 2.249 100.392 2.899
201512 2.065 99.792 2.678
201603 1.909 100.470 2.459
201606 2.008 101.688 2.556
201609 1.596 101.861 2.028
201612 1.798 101.863 2.284
201703 1.738 102.862 2.187
201706 1.692 103.349 2.119
201709 2.084 104.136 2.590
201712 1.964 104.011 2.444
201803 2.029 105.290 2.494
201806 1.978 106.317 2.408
201809 1.936 106.507 2.352
201812 1.335 105.998 1.630
201903 1.096 107.251 1.323
201906 0.943 108.070 1.129
201909 0.148 108.329 0.177
201912 0.418 108.420 0.499
202003 0.248 108.902 0.295
202006 -0.183 108.767 -0.218
202009 -0.247 109.815 -0.291
202012 -0.201 109.897 -0.237
202103 -0.292 111.754 -0.338
202106 0.549 114.631 0.620
202109 1.006 115.734 1.125
202112 1.144 117.630 1.259
202203 1.546 121.301 1.649
202206 1.801 125.017 1.864
202209 1.922 125.227 1.986
202212 2.027 125.222 2.095
202303 1.893 127.348 1.924
202306 1.807 128.729 1.817
202309 1.876 129.860 1.870
202312 1.815 129.419 1.815

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.


Barnwell Industries  (AMEX:BRN) 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.


Barnwell Industries Cyclically Adjusted PB Ratio Related Terms

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


Barnwell Industries (Barnwell Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1100 Alakea Street, Suite 500, Honolulu, HI, USA, 96813-2840
Barnwell Industries Inc is an oil and gas firm. Its areas of operations include acquiring, developing, producing, and selling oil and natural gas. The company acquires and develops crude oil and natural gas assets. The company's operating segment includes Oil and natural gas, Contract drilling, Land investment, and Others. It generates maximum revenue from the Oil and natural gas segment. It operates in two geographical segments the United States, which generates a majority of revenue, and Canada.
Executives
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Ned L Sherwood 10 percent owner 54 MORRIS LN, SCARSDALE NY 10583
Ned L. Sherwood Revocable Trust 10 percent owner 151 TERRAPIN POINT, VERO BEACH FL 32963
Mrmp Managers Llc 10 percent owner C/O SOUTH DAKOTA TRUST COMPANY LLC, 201 SOUTH PHILIPS AVENUE, STE 200, SIOUX FALLS SD 57104-6449
Alexander C Kinzler director, officer: President and COO 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Laurance Elliot Narbut director 3324 WOODSIDE ROAD, WOODSIDE CA 94062
Douglas N Woodrum director C/O BARNWELL INDUSTRIES, INC., 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Francis J. Kelly director 10402 PATRICIAN WOODS COURT, GREAT FALLS VA 22066
Joseph Eugene Magaro 10 percent owner 401 RIVERSVILLE ROAD, GREENWICH CT 06831
O'farrell Colin R. director 3465 N. PINES WAY, SUITE 104-PMB 22, WILSON WY 83014
Peter J. O'malley director 150 TABLE ROCK ROAD, ALTA WY 83414
Russell M Gifford director, officer: EVP,CFO, Treasurer 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Kenneth S Grossman director 18 NORFOLK RD, GREAT NECK NY 11020
Philip James Mcpherson director 417 31ST STREET, UNIT A, NEWPORT BEACH CA 92663
Bradley M Tirpak director 50 ORCHARD ST., NEW YORK NY 10002