The historical rank and industry rank for Karoon Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:
KRNGY'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 0.82 Max: 1.11
Current: 0.81
During the past 13 years, Karoon Energy's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.44. And the median was 0.82.
KRNGY's Cyclically Adjusted PB Ratio is ranked better than 55.47% of 813
companies
in the Oil & Gas industry
Industry Median: 1.02
vs KRNGY: 0.81
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.
Karoon Energy's adjusted book value per share data of for the fiscal year that ended in Jun23 was $1.665. 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 $3.41 for the trailing ten years ended in Jun23.
Shiller PE for Stocks: The True Measure of Stock Valuation
Karoon Energy Cyclically Adjusted PB Ratio Historical Data
The historical data trend for Karoon 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.
Competitive Comparison of Karoon Energy's Cyclically Adjusted PB Ratio
For the Oil & Gas E&P subindustry, Karoon 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.
Karoon Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Karoon Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Karoon Energy's Cyclically Adjusted PB Ratio falls into.
Karoon 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.
Karoon Energy's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
Karoon Energy (OTCPK:KRNGY) 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.
Karoon Energy Cyclically Adjusted PB Ratio Related Terms
Thank you for viewing the detailed overview of Karoon Energy's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Karoon Energy (Karoon Energy) Business Description
Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.
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