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Imperial Oil (XBRU:IMO) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is Imperial Oil Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Imperial Oil's adjusted book value per share for the three months ended in Mar. 2024 was €18.459. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Imperial Oil's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Imperial Oil was 16.30% per year. The lowest was -2.00% per year. And the median was 9.30% per year.

As of today (2024-06-11), Imperial Oil's current stock price is €32.65. Imperial Oil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. Imperial Oil's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Imperial Oil was 4.45. The lowest was 0.50. And the median was 2.00.


Imperial Oil Cyclically Adjusted Book per Share Historical Data

The historical data trend for Imperial Oil's Cyclically Adjusted Book per Share 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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Imperial Oil Cyclically Adjusted Book per Share Chart

Imperial Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Imperial Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Imperial Oil's Cyclically Adjusted Book per Share

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


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

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

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



Imperial Oil Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Imperial Oil's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.459/126.2576*126.2576
=18.459

Current CPI (Mar. 2024) = 126.2576.

Imperial Oil Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.185 99.473 21.812
201409 18.533 99.394 23.542
201412 18.619 98.367 23.898
201503 19.539 99.789 24.722
201506 19.271 100.500 24.210
201509 18.280 100.421 22.983
201512 18.427 99.947 23.278
201603 18.626 101.054 23.272
201606 18.714 102.002 23.164
201609 19.156 101.765 23.767
201612 20.896 101.449 26.006
201703 20.768 102.634 25.548
201706 19.666 103.029 24.100
201709 20.090 103.345 24.544
201712 19.001 103.345 23.214
201803 18.115 105.004 21.782
201806 18.213 105.557 21.785
201809 18.527 105.636 22.144
201812 18.826 105.399 22.552
201903 18.915 106.979 22.324
201906 19.581 107.690 22.957
201909 20.117 107.611 23.603
201912 19.496 107.769 22.841
202003 17.955 107.927 21.004
202006 17.645 108.401 20.552
202009 17.187 108.164 20.062
202012 16.151 108.559 18.784
202103 17.070 110.298 19.540
202106 16.577 111.720 18.734
202109 16.719 112.905 18.696
202112 17.659 113.774 19.597
202203 18.774 117.646 20.148
202206 19.082 120.806 19.943
202209 19.849 120.648 20.772
202212 18.301 120.964 19.102
202303 18.798 122.702 19.343
202306 19.452 124.203 19.774
202309 19.373 125.230 19.532
202312 17.848 125.072 18.017
202403 18.459 126.258 18.459

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Imperial Oil  (XBRU:IMO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Imperial Oil was 4.45. The lowest was 0.50. And the median was 2.00.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Imperial Oil Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Imperial Oil's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Imperial Oil (XBRU:IMO) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Oil Ltd (XBRU:IMO) » Definitions » Cyclically Adjusted Book per Share
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Address
505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.