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Hascol Petroleum (KAR:HASCOL) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Hascol Petroleum Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hascol Petroleum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hascol Petroleum'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.

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Hascol Petroleum Cyclically Adjusted PB Ratio Chart

Hascol Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Hascol Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Hascol Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Hascol Petroleum'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.


Hascol Petroleum's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Hascol Petroleum 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.

Hascol Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Hascol Petroleum's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-74.558/129.8595*129.8595
=-74.558

Current CPI (Sep. 2023) = 129.8595.

Hascol Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201312 2.869 98.326 3.789
201403 0.000 99.695 0.000
201406 5.932 100.560 7.660
201409 6.146 100.428 7.947
201412 6.159 99.070 8.073
201503 6.644 99.621 8.661
201506 11.728 100.684 15.126
201509 10.404 100.392 13.458
201512 11.497 99.792 14.961
201603 10.892 100.470 14.078
201606 11.571 101.688 14.777
201609 11.575 101.861 14.757
201612 12.117 101.863 15.447
201703 16.349 102.862 20.640
201706 15.758 103.349 19.800
201709 11.593 104.136 14.457
201712 16.906 104.011 21.107
201803 19.703 105.290 24.301
201806 25.382 106.317 31.003
201809 25.197 106.507 30.722
201812 10.514 105.998 12.881
201903 23.310 107.251 28.224
201906 0.000 108.070 0.000
201909 -3.158 108.329 -3.786
201912 -124.874 108.420 -149.567
202003 -13.750 108.902 -16.396
202006 -26.794 108.767 -31.990
202009 -29.612 109.815 -35.017
202012 -46.321 109.897 -54.735
202103 -47.705 111.754 -55.434
202106 -47.689 114.631 -54.024
202109 -51.580 115.734 -57.875
202112 -47.527 117.630 -52.468
202203 -49.900 121.301 -53.421
202206 -52.035 125.017 -54.051
202209 -56.964 125.227 -59.071
202212 -61.471 125.222 -63.748
202303 -68.585 127.348 -69.938
202306 -71.853 128.729 -72.484
202309 -74.558 129.860 -74.558

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.


Hascol Petroleum  (KAR:HASCOL) 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.


Hascol Petroleum Cyclically Adjusted PB Ratio Related Terms

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Hascol Petroleum (KAR:HASCOL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
The Forum, Khayaban-e-Jami, Suite No. 105-106, 1st Floor, Block - 9, Clifton, Karachi, SD, PAK
Hascol Petroleum Ltd is engaged in the business of procurement, storage, and marketing of petroleum and related products such as high-speed diesel, gasoline, fuel oil, FUCHS lubricants.

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