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Oil & Natural Gas (BOM:500312) Cyclically Adjusted PB Ratio : 1.31 (As of May. 19, 2024)


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What is Oil & Natural Gas Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Oil & Natural Gas's current share price is ₹277.30. Oil & Natural Gas's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹212.49. Oil & Natural Gas's Cyclically Adjusted PB Ratio for today is 1.31.

The historical rank and industry rank for Oil & Natural Gas's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:500312' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.73   Max: 1.31
Current: 1.31

During the past 13 years, Oil & Natural Gas's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.38. And the median was 0.73.

BOM:500312's Cyclically Adjusted PB Ratio is ranked worse than
60.34% of 817 companies
in the Oil & Gas industry
Industry Median: 0.99 vs BOM:500312: 1.31

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.

Oil & Natural Gas's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹223.085. 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 ₹212.49 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oil & Natural Gas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oil & Natural Gas'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.

Oil & Natural Gas Cyclically Adjusted PB Ratio Chart

Oil & Natural Gas Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.39 0.54 0.82 0.71

Oil & Natural Gas 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 - 0.71 - - -

Competitive Comparison of Oil & Natural Gas's Cyclically Adjusted PB Ratio

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


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

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

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



Oil & Natural Gas 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.

Oil & Natural Gas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=277.30/212.49
=1.31

* 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.

Oil & Natural Gas's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Oil & Natural Gas's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=223.085/146.8646*146.8646
=223.085

Current CPI (Mar23) = 146.8646.

Oil & Natural Gas Annual Data

Book Value per Share CPI Adj_Book
201403 134.145 91.425 215.490
201503 147.179 97.163 222.465
201603 154.142 102.518 220.819
201703 151.471 105.196 211.469
201803 158.977 109.786 212.668
201903 171.304 118.202 212.843
202003 163.036 124.705 192.007
202103 175.656 131.771 195.777
202203 206.277 138.822 218.228
202303 223.085 146.865 223.085

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.


Oil & Natural Gas  (BOM:500312) 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.


Oil & Natural Gas Cyclically Adjusted PB Ratio Related Terms

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


Oil & Natural Gas (BOM:500312) Business Description

Traded in Other Exchanges
Address
Plot No. 5A-5B, Nelson Mandela Road, Deendayal Urja Bhawan, Vasant Kunj, New Delhi, IND, 110070
Oil & Natural Gas Corp Ltd is an Indian-based company. It engages in the exploration, development, and production of oil and natural gas. The company operates onshore and offshore fields globally through joint ventures and partnerships. Crude oil production has been the lead revenue generator, with Russian assets providing the most production. Apart from the exploration and production operations, it engages in the transportation and refining of hydrocarbon products. Oil and Natural Gas Corp carries out its business as a public sector undertaking for the Government of India.

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